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industry News
Company News
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U.S. Renewable Energy Capacity Expected to Reach New Highs
The Inflation Reduction Act (IRA) is driving rapid growth in the U.S. clean energy equipment manufacturing industry, according to Wood Mackenzie. In ten years, annual U.S. renewable energy generation will triple to 110 gigawatts. Despite the IRA’s inability to address supply chain and tariff issues, and despite the fact that developers are still waiting for…
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Renewable energy shaping the future: 5 ways to realize the energy transition
For the most part, the technology costs of renewable energy sources such as wind and solar are lower than the costs of fossil fuels, and the latter energy sources contribute to climate change, so the world needs to prioritize a renewable energy transition.The Climate Summit, which will be held at United Nations Headquarters in New…
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Theoretical efficiency reaches 63.2%, a big breakthrough for third-generation photovoltaic cells!
Shocking! The new intermediate band solar cells (IBSCs) have a theoretical efficiency of up to 63.2%, which is three times higher than ordinary solar cells (with efficiencies around 20%)! The breakthrough discovery by the international research team may revolutionize the solar industry! Netizens have exclaimed: Is the IBSCs concept stock going to set off a…
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Indonesia’s PLN plans to build 32GW of additional renewable energy capacity + upgrade grid
Indonesia’s state-owned power utility Perusahaan Listrik Negara (PLN) plans to continue to increase its installed renewable energy capacity by 32 gigawatts (GW), while investing in upgrading grid infrastructure to support more renewable energy connections. The plan is aimed at accelerating the construction of renewable energy projects and their connection to the grid, as well as…
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Israel frees up 2GW of grid-connected renewable power generation space
Israel recently announced plans to deploy 2 GW of grid-connected renewable energy. Depending on the specific parameters, this will allow for the construction of additional renewable energy plants without causing grid congestion. Israel plans to integrate more than 2 GW of additional renewable energy generation into the national grid, the Ministry of Energy and Infrastructure…
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Brazil’s installed distributed generation solar capacity reaches 10.4GW
The installed capacity of photovoltaic systems below 5 MW in the states of Minas Gerais, Bahia, and Pioi in Brazil accounts for the largest proportion of the total installed capacity. Currently, the installed capacity of distributed generation solar energy accounts for over 5% of the country’s electricity structure. According to the latest data from the…