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Wish you peace and health on the Dragon Boat Festival
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Freight costs are soaring! Photovoltaic modules or will “respond to the price”
Studies show that freight costs account for about 4% of the total cost of photovoltaic modules. On trade routes between the Far East and the west coast of the US, northern Europe and the Mediterranean, freight costs are rising. According to data released by Xeneta, a Norwegian Marine and freight...Read More -
EU Net Zero Industry Act passed! 40% of PV modules are required to be manufactured locally
On May 27, the European Union passed the Net Zero Industry Act. The bill aims to accelerate the EU’s transition to climate neutrality, while improving the EU’s industrial competitiveness, among other things. On March 16, 2023, the European Commission published proposals for the Net Z...Read More -
Turkey receives $1 billion World Bank loan for renewable energy business
The $1 billion includes a loan of about €600 million ($657 million) from the International Bank for Reconstruction and Development, $30 million from the Clean Technology Fund (CTF), and a $3 million grant from the World Bank’s Energy Sector Management Assistance Program. An addition...Read More -
US PV manufacturers demand higher import tariffs on components from some countries
According to Bloomberg, as oversupply of photovoltaic modules has driven down prices worldwide and threatened the domestic photovoltaic manufacturing industry in the United States, some U.S. photovoltaic manufacturers have filed a new tariff petition to restrict imports of photovoltaic pro...Read More -
China’s first floating distributed photovoltaic power generation project in mine waters put into operation at full capacity
Recently, at the Guoneng Ningdong Power Plant in Majiatan Town, Lingwu City, Ningxia, the fourth phase of the 5.1 MW floating distributed photovoltaic power generation project in the mine water area on the lake surface of the mine drainage water gathering lake on the west side was successfully c...Read More -
Egypt’s photovoltaic industry promotes economic development
In recent years, with the rise of green transformation, photovoltaics have become one of the most popular renewable energy sources worldwide. Egypt, a North African country with rich solar energy resources, has also focused on the field of photovoltaic power generation and continued to pr...Read More -
Eid Mubarak!
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Chinese Steel Market Fails In so-called “Golden March”
Since 2024, steel prices have continued to fall, and it began to decline sharply in March, falling to the “freezing point”. On March 18, the main contract of rebar futures fell to 3414 yuan/ton, refreshing the lowest price since June 2023, and the cumulative decline during the year ex...Read More -
GRT Solar Mounting celebrates its 25th anniversary with an unforgettable trip to Boracay Island
Leading renewable energy company GRT New Energy who is manufacture of Solar Mounting system (include various steel profiles) recently reached a major milestone as its parent company celebrated its 25th anniversary. To commemorate this special occasion, the company organized an unforgettable trip...Read More -
The largest fish-light complementary project with flexible solar mounting brackets started in China
On February 23, the largest domestic flexible pv racking system fish-light complementary project, Dongyu 300MW fish-light complementary photovoltaic power generation project, undertaken by Shandong Power Construction Company, was held in Ganyu District, Lianyungang City, marking the official sta...Read More -
Chinese Steel Market Overview of February 2024
In February, most varieties of steel fluctuated and fell, and strong expectations and weak reality continued to game, in line with the early prediction of the decline in the market trend in February. Steel industry chain related varieties in the month 3 up 13 down, rising varieties are thick pla...Read More