- China installs 128.94 GW new solar capacity in 2023’s first 9 months, up by 69% YoY.
- Q3 added 50.52 GW, 15.78 GW in September, suggesting 170 GW by year-end.
- Cumulative solar capacity in China reaches 520 GW by September 2023.
- In 9M/2023, China’s PV capacity of 128.94 GW outpaces its total capacity of 226.33 GW.
- Thermal power and wind follow with 39.44 GW and 33.48 GW, respectively.
- Trina Solar to create a vertically integrated manufacturing facility in the UAE.
- Plant will be in Khalifa Economic Zone, Abu Dhabi, as part of the Belt and Road initiative.
- Fab plans to produce 50k tons silicon, 30 GW wafers, 5 GW cells/modules, in 3 phases.
- Trina signs MoU with Abu Dhabi Ports and JOCIC for 3-year collaboration for the project.
- This strategy is a part of Trina’s global expansion strategy beyond China and Asia
- Ladakh to host 13 GW renewable energy park extending a proposed 7.5 GW solar park.
- A 12 GWh BESS will aid Ladakh’s project, backing India’s 500 GW goal in Pang.
- CCEA approves InSTS GEC-II for power evacuation.
- Transmission lines link with neighbouring states, connecting regional and national grids.
- Jiangsu Xinlinfei plans a vertically integrated Meilin PV Base with 120 GW capacity.
- RMB 40 billion is invested for the 3-phase manufacturing complex.
- Annual production will be around 40 GW ingots, 40 GW wafers, 20 GW cells, modules.
- Anticipated RMB 38 billion annual revenue upon full operation.
- LONGi opens Jiamusi 1 GW monocrystalline module facility.
- LONGi has invested RBM 1.9 billion in the project.
- Jiamusi LONGi will generate RMB 2.4 billion in annual revenues.
- Lightsource bp launches 135 MW solar plant in Arkansas for Conway Corp.
- ‘Conway Solar at Happy’ project has a 5-acre pollinator garden and costs $125 million.
- Project powers 21 k homes using First Solar modules, and Array Technologies trackers.
- Construction initiated by Gibson Technical Services started in 2022.
- JA Solar initiates 50MW Rooftop PV Project in Baotou.
- The company’s green initiative involves a four-phase construction plan.
- Project using JA Solar’s n-type DeepBlue 4.0 modules to finish in 2023.
- The plant anually generates 65M kWh and cuts 54K tons CO2.
- Tesla’s solar installations plummeted by nearly 50% YoY to 49 MW in Q3/2023.
- In the first 3 quarters of 2023, solar deployments dropped over 26%.
- In contrast, Tesla’s energy storage business grew by 90% YoY to 4.0 GWh in Q3/2023.
- Generation and storage revenues increased 40%, adding $1.56 billion to total revenues.
- Australia’s Aware Super to invest $1.3B in Birdwood’s solar and storage projects.
- Birdwood’s platform has 2 operational PV farms and 10 upcoming grid-scale projects.
- Expansion to include acquisitions and offtake agreements with diverse customers.
- Investment offers Aware Super’s 1.1M members access to clean energy assets.
- Austria waives VAT on private solar systems from Jan 1, 2024, for 2 years.
- Move aims to simplify PV system acquisition and boost expansion.
- VAT reduced to 0% for systems up to 35 kW, covering components and assembly.
- Exemption replaces federal funding for rooftop solar and storage.
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