China

BMW Brilliance and CATL Signed Strategic Cooperation Agreement

BMW Brilliance claimed to consolidate its new energy ecosystem of ‘In China, For China’ which covers the entire life cycle of new energy vehicles from battery cell production to battery cell recycling. Luxury and sports automaker BMW’s energy efficient arm BMW Brilliance and battery maker Contemporary Amperex Technology (CATL) has signed a strategic cooperation agreement […]

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Energy Storage Market in China to Post CAGR of 40% during 2018-22: Technavio

The growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth. Market research Company, Technavio mentions in a report that energy storage market in China is expected to post Compound Annual Growth Rate (CAGR) of around 40 percent in the period 2018-2022. However, the growth momentum of the […]

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India Imposes 25% Safeguard Duty on Solar Imports

Finance ministry has imposed a safeguard duty of 25 percent on the imports from July 30, 2018 to July 29, 2019 and a gradually reduced rate of 20 percent from July 30, 2019 to January 29, 2020 and 15 percent from January 30, 2020 to July 29, 2020. Keeping in view the interests of the […]

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PV + Energy Storage will be Cheapest Energy Soln in 10 Years: Li Zhenguo

Once the economic efficiency of the PV and energy storage is realized, traditional fossil fuels will be quickly replaced, Li said. China-based LONGi Group President Li Zhenguo said that within ten years, photovoltaic plus energy storage will become the cheapest energy solution. He was speaking at the 9th China-Germany Economic and Technical Cooperation Forum in […]

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JA Solar Vietnam Gets $68.4 Mn Loan for 1.5 GW Wafer Mfg Plant

Further, the move will help JA Solar arm to fund the procurement of equipment at it’s 1.5 GW of wafer manufacturing facility in Vietnam. JA Solar Vietnam Company, a wholly-owned subsidiary of JA Solar Holdings Co, had entered into a long-term buyer credit loan pact with China Minsheng Bank Corporation Ltd Shijiazhuang Branch. Further, the […]

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Renewables Supply 75% of Electricity in India by 2050: BNEF Report

“By 2050, renewables supply 87 percent of electricity in Europe, 55 percent in the US, 62 percent in China and 75 percent in India.” The Bloomberg New Energy Finance (BNEF) in its latest New Energy Outlook 2018 (NEO) has forecasted that the renewable energy supply will account of 75 percent of electricity in India by […]

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Longi Solar’s Export to India Reaches an Apex in January-May 2018

LONGi Solar has supplied monocrystalline modules to a number of 100MW-level PV power stations in India. According to the media reports, a senior Indian official revealed that “India will auction 40 GW of renewable energy projects comprising 30 GW solar and 10 GW wind per year for the next 10 years till 2028.” In recent […]

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Jinkosolar to Supply 86 MW Solar Modules for Largest PV Plant in Colombia

The project will be composed by 250,000 Jinko Solar Monocrystalline Standard Modules 345 Watt – 1500 V and will generate an average of 176 GWh of clean energy per year. China-based JinkoSolar Holding will supply 86 MW of solar modules for a PV Plant that will be located in the Colombian department of Cesar, northern Colombia. […]

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First Westinghouse AP1000 Nuclear Plant Sanmen 1 Completes Initial Criticality

Westinghouse Electric Company, China State Nuclear Power Technology Corporation (SNPTC) has announced that the world’s first AP1000 nuclear power plant located in Sanmen, Zhejiang Province, China has successfully completed initial criticality. “Today we completed the final major milestone before commercial operation for Westinghouse’s AP1000 nuclear power plant technology,” said José Emeterio Gutiérrez, Westinghouse president and […]

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