INDUSTRY NEWS

August 28, 2024 ABB has provided an automation solution for a 10 GW renewable energy plant in India. Starting from a 100 MW project about seven years ago, the company has been using its IoT based PLC solution nationwide to serve over 300 renewable energy projects, reaching a milestone of 10 GW in cumulative service capacity. ABB’s PLC based SCADA system helps collect and analyze real-time data to optimize factory operations and reduce maintenance. With Read more…

August 28, 2024 Recently, the Polish Baltic Sea MFW Ba ł tyk II and MFW Ba ł tyk III offshore wind power projects jointly developed by Polenergia and Equinor have obtained offshore and onshore construction permits, and all construction permits for these two projects have been approved, just one step away from starting construction. The Ba ł tyk II and Ba ł tyk III offshore wind power projects are located in the exclusive economic zone Read more…

2024-08-28 Industrial gas company Linde announced that after signing a binding clean hydrogen supply agreement with a US company, it will invest over $2 billion to build, own, and operate a blue hydrogen production and air separation complex for chemical giant Dow Chemical in Alberta, Canada. Dow signed a framework agreement with Linde last year to supply hydrogen and nitrogen for its Path2Zero chemical project in Saskatchewan, which made its final investment decision (FID) in Read more…

2024-08-27  A team of researchers led by Stanford University has developed a new manufacturing process that allows for scalable manufacturing of transition metal dichalcogenides (TMDs) solar cells, bringing them closer to commercial production. WSe2 thin film for new solar cell concepts TMD is a two-dimensional material with excellent semiconductor properties and high light absorption coefficient. This makes them suitable for producing semi transparent and flexible solar cells, and has the potential to be applied in Read more…

August 22, 2024 In the great power game, energy comes first. Energy is not only the foundation of economic development, but also the core element of competition between countries. In recent years, China’s photovoltaic and energy storage technologies have developed rapidly, with lithium energy storage batteries accounting for over 90% of the global market; Shenzhen has become a world-class center for the new energy storage industry, with nearly 7000 related enterprises and an annual output Read more…

August 19, 2024 Recently, Hanhai Juneng, a linear controllable nuclear fusion enterprise, announced the completion of tens of millions of yuan in angel round financing, led by Huaying Capital, with substantial funds and Qiji Chuangtan following suit. The funds raised in this round of financing will mainly be used to establish a nuclear fusion team and complete the design of the first generation device. Previously, Hanhai Juneng had also received a seed round investment from Read more…

August 8, 2024 On August 6th, InfoLink Consulting, a new energy research institution, released a report showing that in the first half of 2024, the global shipment scale of energy storage cells was 114.5GWh, a year-on-year increase of 33.6%. Among them, the large storage (including industrial and commercial) is 101.9 GWh, and the small storage (including communication) is 12.6 GWh. Regarding energy storage systems, the InfoLink Global Lithium Battery Supply Chain Database states that the Read more…

August 7th, 2024 According to media reports, the Russian State Research and Technology University has developed a new method of applying indium tin oxide transparent electrodes to perovskite solar cells, which can further improve the efficiency of solar cells and make them semi transparent. Traditionally, the industry has widely used magnetron sputtering technology to apply ITO as a transparent electrode material in perovskite solar cells. However, this method faces significant challenges: ITO layers deposited by Read more…

July 31, 2024 In recent years, Europe has been vigorously developing renewable energy to achieve energy security and net zero carbon emissions goals, with photovoltaics becoming a key driver of development. According to Infolink’s estimation, the global demand for photovoltaic modules in 2024 will fall between 470-529 GW, with the European market demand of approximately 82-93 GW, accounting for 18% of the global market demand and ranking as the second largest photovoltaic market in the Read more…

July 30, 2024 In the constantly changing global energy landscape, the cost-effectiveness of renewable energy is becoming increasingly high. Even without subsidies, renewable energy is usually the cheapest option. The following chart summarizes the data reflected in Lazard’s latest annual Cost of Electricity (LCOE) report, revealing which sources of electricity will be the most expensive and which will be the cheapest in 2024. The report shows that onshore wind power is also the cheapest electricity, Read more…