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Swedish Battery Materials Firm Altris AB Appoints Martin Anderlind as CEO

Leading sodium-ion technology company in Sweden, Altris AB has announced the appointment of Martin Anderlind as Chief Executive Officer, effective as of 1 September 2022. Anderlind joins Altris from Northvolt, where he most recently held the position of Chief Talent Officer. “We are extremely excited to welcome on board Martin Anderlind as the new CEO […]

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Jinko Solar Ships 18.21 GW Of Modules in H1 2022

Jinko Solar has released its performance report for the first half of 2022. According to the report, the company’s performance improved significantly year over year in the first half of 2022, with operating revenue of 33.407 billion, up 112.44%; net profit attributable to shareholders of listed companies of 905 million, up 60.14%; and operating cash […]

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Explained: The Arrival Of Big Batteries For Energy Storage

Big batteries, or battery energy storage systems (BESS), are attracting investors as the renewable energy demand climbs to new highs. Various governments and private companies are investing in big batteries to expand their network storage capabilities. From the pioneering 150 MW Hornsdale big battery in Australia to the recent SECI tender for a 500 MW […]

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Denmark, Germany to Develop Bornholm Energy Island of 3 GW

The Danish Government has said that it will increase the energy producing capacity at the Bornholm Energy Island in the Baltic Sea by 1 GW (increasing it from 2 GW to 3 GW) and the power will be transferred to the German grid. This is happening because the government has signed two political pacts taking […]

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IKEA Owner- Ingka Group Buys 49% Stake in Swedish Wind Power Projects

Ingka Investments, the investment arm of Ingka Group that owns IKEA stores worldwide, has announced that it has acquired a 49 per cent share in three offshore wind development projects from OX2 in Sweden for a price of €58 million. The official statement of Ingka held that the power generating potential of the three offshore […]

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CEA Report: Prices for Polysilicon & Solar Modules Will Start to Fall in 2023

According to data by Clean Energy Associates (CEA), solar module prices for foreign markets are anticipated to decline in parallel with predicted decreases in polysilicon prices as of 2023. Due to higher-than-anticipated European purchase volumes and constrained polysilicon supplies, the quality assurance and supply chain management company disclosed that module costs that had gone up […]

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China-Based LONGi Ships 18GW+ of Modules in The First Half of the Year

Leading manufacturer of solar modules, LONGi, based in China, has revealed financial figures for the first half of the year. As per the manufacturer, LONGi Green Energy, a member of the Solar Module Super League (SMSL), exported 39.62 GW of monocrystalline silicon wafers. Out of all, 19.47 GW were used internally and 20.15 GW were […]

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Electric Utility Company Iberdrola To Commission 1,400 MW of New Solar Power

Spanish utility firm Iberdrola has announced that it will add 1,400 MW of new solar power in Spain in the coming months. As per the official statement, Iberdrola is currently executing 12 photovoltaic projects, with a combined installed capacity of 550 MW, half of them located in Extremadura, where Iberdrola is building the Almaraz I […]

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Poland’s PGE & Denmark’s Ørsted Select Contractor For Baltica Wind Farm

Polska Grupa Energetyczna, Polish utility, and Ørsted, Danish RE player, have selected a consortium of Ramboll Polska and Projmors Maritime Construction Design Office as contractors in order to prepare the construction of the 2.5 GW Baltica 2 and 3 offshore wind farms in Poland. The consortium represents a blend of global and local players. The […]

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