High power prices and increased energy storage usage have led to a sharp increase in self-consumption of solar power in Germany since 2022, according to data from the Fraunhofer Institute for Solar Energy Systems (ISE).
LONGi unveiled its energy storage strategy in London last week, officially announcing its entry into the storage sector with the launch of the LONGi Energy Storage One-Stop Solution.
Nextpower, formerly Nextracker, will double its steel solar tracker manufacturing capacity in Tennessee and has established a new “regional hub” in the Southeast US.
German research institute Fraunhofer ISE has launched a project to explore how medium-voltage technology can make material-intensive solar components more efficient and cost-effective.
Buyers should prepare for increases in the price of vital solar module components, such as polysilicon, wafers and cells, but “remain cautious” of accepting new contractual terms from Chinese suppliers until formal market policies are agreed.