The Energy Information Administration (EIA) predicts solar power will lead U.S. electricity generation growth, with 36 GW of new capacity in 2024 and 43 GW in 2025. This surge is expected to increase solar’s share to 6% in 2024 and 7% in 2025, up from 4% in 2023. The forecast indicates a 9% decline in…
Ascent Solar Technologies has signed a Letter of Intent (LOI) with an undisclosed private company for future orders, projecting 2-5 MW total from 2027 to 2029 and 100 MW annually in the next decade. The company aims to enhance product efficiency for this client, enabling longer and more reliable power generation. Focused on surpassing 2023…
Tongcheng Economic Development Zone Construction Investment Group and CNBM signed a PV cell packaging material project in Tong. Valued at 2.5 billion yuan, the project will feature 2 production lines each producing 1200 tonnes daily, with the first starting construction in March 2024, and both expected to be operational by 2025. Upon full production, it…
At the Yangzhou Economic Development Zone, the BAJ Solar Phase II project commenced alongside the official launch of the Yangzhou BAJ Solar R&D Center. In 2023, their 10 GW cell project showcased remarkable efficiency within just 6 months. This reflects the zone’s robust support.
Shanghai Electric’s first large-scale UK storage project REP1&2 and its Fiskerton II-A solar project in the country are now operational, marking significant milestones in clean energy deployment. The Fiskerton II-A project in Lincolnshire is part of eight solar projects and marks Shanghai Electric’s first overseas project, handling investment, financing, construction, grid connection, and operation.
NLC India seeks bids for engineering, procurement, and construction of 100 MW solar projects nationwide. Bid submission deadline is on January 18, 2024 with bid security of ₹24.63 million and tender document costing 20,000Rs. Project is to be completed in 15 months, followed by 3-year operation and maintenance. 5% project value is to be submitted…
Solarpack is constructing Peru’s largest solar plant, the San Martin project in the La Joya district, with nearly 300 MW capacity. Kallpa Generación secures a long-term agreement for the Arequipa plant’s entire energy output. San Martín will annually generate 830 GWh, powering over 440,000 homes and preventing 564,000 tons of CO2 emissions. The plant is…
On December 30, Honsun New Energy launched the second phase of its high-efficiency N-type monocrystalline silicon ingot and silicon wafer project. With 720 monocrystalline furnaces, the project is set to ignite and commission on January 12, 2024, marking a pivotal new stage. The fab gained industry recognition for the quality.
ib vogt secures 48 projects in Indonesia’s Diesel Replacement Program, deploying solar and battery systems across Java, Sumatra, Kalimantan, and Madura. The initiative, part of PLN’s 2023 tender, targets 60MWp solar and 175MWh storage capacity. A strategic collaboration with Nusantara Power ensures project financing, EPC-Management, and Asset Management.
Waaree Energies unveils plans for a $1 billion U.S. manufacturing hub in Brookshire, Houston. The facility aims to produce 3 GW of solar modules by 2024, scaling to 5 GW by 2027. Waaree plans to invest up to $ 1 billion over the next four years to scale its annual module manufacturing production.
