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OneShot: A quick view on Global Renewable energy NEWS



China’s troubled solar industry may be nearing a turning point :


Longi Green Energy Technology Co. and five other leading solar firms racked up a combined $2 billion of losses in the first half after a frenzy of factory building over the last few years created excess capacity that’s driven prices to record lows. Some smaller companies have already been forced into restructuring, while rising trade tensions with the US and Europe may put exports at risk.

 

 

Solar power is shattering global records :


Solar has been gaining popularity for years now, but in 2023 the clean energy source really took off: A staggering 428 gigawatts’ worth of solar was installed worldwide last year, up by 76 percent from what was deployed in 2022, per new BloombergNEF data. That’s more than double the industry’s recent growth rates.


 

LONGi’s Technical Director for MEA & CA Delivers Insightful Presentation at Solar Week 2024 :


The 3rd Edition of The Solar Week 2024: Conference & Awards, organized by SolarQuarter, held on 28th August, 2024 at the Sheraton Riyadh Hotel & Tower served as a pivotal event for solar energy professionals across the Middle East and Africa (MEA) region. Among the standout presentations was a highly anticipated techno-commercial session delivered by Mr. Ahmed Zeyada, Technical Director for MEA & CA at LONGi.


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