GigaWatt Inc. is making its next phase of growth available to public investors as the residential solar market faces a critical inflection point. With federal tax credits phasing down and residential electricity costs up nearly 40% since 2021, homeowners are caught between expensive turnkey installers and bare-bones DIY kits that leave them stranded. GigaWatt has…
Groundbreaking on the Lucy Solar Project. Credit: Hyundai E&C/KOMIPO/Business Wire. Construction has begun on the $524m (Won750.26bn) Lucy Solar Project, a Korean-led utility-scale investment in Texas being developed by a consortium of South Korean and US partners. The 350MW solar farm in Concho County is expected to generate 926 gigawatt-hours of clean electricity a year….
As the United States retreats from climate policy, China signaled its rising intent to lead a transition away from fossil fuels and toward Chinese-made renewable energy technologies in remarks to world leaders on Tuesday. Speaking at the World Economic Forum in Davos, Switzerland, Chinese Vice Premier He Lifeng cast China as a beacon of stability…
Air travellers making the descent into Islamabad, Nairobi or São Paulo may be struck by the sight of solar panels scattered liberally over the rooftops. Regular visitors to Kathmandu, Nepal’s capital city, will probably have detected a marked improvement in air quality and traffic noise of late, owing to the shift from combustion engines towards…
Power shifts begin in places most people never see – on assembly lines making batteries and robots, along transmission lines feeding data centre clusters, in local offices selling land and in labs training artificial intelligence models. The United States and China are using these quiet levers to construct different futures. The contest will be decided…
Five years ago, China’s longtime leader Xi Jinping shocked and delighted the world by declaring in a video presentation to the United Nations that his country would peak its carbon emissions this decade and achieve carbon neutrality by 2060. He tried to rekindle that magic late last month in another virtual address to the UN,…
China’s world-leading solar, battery and electric vehicle companies have sharply increased foreign investment plans in recent years, pledging more than $210 billion since 2022, according to new research. Chinese companies are expanding their supply chains abroad to capture new markets, avoid tariffs and get closer to sources of raw materials, Johns Hopkins University’s Net Zero…
CPIA solicits industry feedback on draft amendment to China’s pricing law The China Photovoltaic Industry Association (CPIA) is soliciting feedback from PV companies regarding the Draft Amendment to the Pricing Law of the People’s Republic of China. The draft, released in July by the National Development and Reform Commission (NDRC) and the State Administration for…
Trina Storage completes smart factory upgrade Trina Storage, the energy storage subsidiary of Trinasolar, has completed the upgrade of its smart integration factory in Chuzhou, Anhui Province. The company’s focus with this upgrade was to enhance production quality. According to Trina Storage, it has now automated key processes such as cell manufacturing, intelligent module assembly,…
A few days after Donald Trump signed the One Big Beautiful Bill that ended most subsidies for renewable energy, among many other things, the leading artificial intelligence (AI) company, Nvidia Corporation, became the first to pass $US4 trillion ($6.08 trillion) in value. And a few days after that, on Thursday, Bitcoin hit a new record…