Latest news with #TrinaSolar
ABC News
27-05-2025
- ABC News
Volunteer firefighters fear renewable energy projects will put bushfire-prone town at 'risk'
The town of Dederang, nestled in Victoria's Kiewa Valley, has felt the impact of several bushfires through the decades. It's why most of the town's population — about 200 residents — are fighting proposals to build two Battery Energy Storage Systems (BESS) on private land. "It's one of the highest, most bushfire-prone areas in the state. If they lose control, it will go and then it'll be chaos," said local resident Paul Ingram. Late last year, Mint Renewables and Trina Solar submitted planning applications to the Victorian state government to build a BESS in Dederang. The systems are designed to support wind and solar renewable energy by storing excess electricity and releasing it when demand is high. Dederang is full of CFA volunteers; most are farmers, and they fear the fire risk that lithium-ion batteries could pose for the town. Doug Connors, a CFA volunteer in Dederang for 50 years, says the town wouldn't be able to fight a battery fire if one erupted. "As a brigade, we're equipped and trained to fight grass and scrub fires," he told 7.30. Teresa Hicks is a third-generation dairy farmer with three young children. She and her fiancé Darren Sagrera are CFA volunteers and her father Jack Hicks is a former CFA group captain at the Dederang brigade. She says her family wouldn't feel comfortable fighting a battery fire because it would be too toxic. "No one's going to get on the fire truck anyway, because it's too dangerous," she said. "We're not the only ones being affected. Wherever a bushfire gets into is going to be affected. Bushfires will run for hundreds, if not thousands of kilometres. We've seen it. So that's the risk." Dr Matthew Priestley is a battery and energy expert from the University of New South Wales. He says lithium-ion batteries need to be safely managed to avoid overheating. "What we find is lithium-ion batteries do have a tendency to overheat, and that's why we have a safety mechanism in them, which is called the battery management system," he said. "The job of the battery management system is to monitor the health of the lithium-ion battery system." The CFA confirmed to 7.30 that it has consulted Mint Renewables, Trina Solar and the community about the two projects proposed for Dederang. In a statement, the CFA said: "Fire safety at large-scale renewable energy facilities is a focus for CFA and is one of the key considerations for communities where a facility is proposed." "The role of CFA is to advocate that developments proposed in CFA areas are located, designed, constructed and operated as safely as possible." Dr Priestley says the chance of a fire breaking out at a large-scale battery plant is low. "They are rare and they're generally due to a fault somewhere in the device," Dr Priestley told 7.30. "When one does fail, often they move into a very dangerous state called thermal runaway. Trina Solar's Country Manager John Zhong says he understands that the community has concerns. However in response to the backlash against the proposals, Mr Zhong compared the rejection of the batteries to kids who refuse to go to school. "My kid doesn't like to go to prep, but then I have to tell them 'hey, going to prep is … part of your journey to actually learn and study and to become an adult'," he said. When challenged on referring to the community as 'kids' and whether Trina Solar ignored the community's concerns, Mr Zhong said the company did "receive their submissions" and did "take their comments into account". Mr Zhong also said the company conducted extensive "fire safety hazard analysis" of the area where their proposed battery will be built. "The bushfire risk has been carefully assessed," he told 7.30. He admitted the company had sought guidance from a CFA consultant based in Melbourne, not in Dederang. "We engaged this consultant from Melbourne, and it's engaged by our planning consultant NGH as a sub-consultant. So we, our team, have been there during the community consultation process." Mint Renewables declined 7.30's request for an interview. Instead, they provided a statement that said: "We know that the community has genuinely held concerns." "Our project will only proceed if we are granted a permit by the Minister of Planning that requires us to follow the CFA guidelines". In March, the community had a win when the Alpine Shire Council agreed to write to the Victorian government opposing one of the batteries. "Five councillors voted in favour of opposing it, and so we won that. And that was just amazing … I was crying," Dederang resident Sharon McEvoy said. For the past 18 months, Ms McEvoy has been spearheading the campaign against the two battery projects. "The first one is basically at our front door, 450 metres downhill," she told 7.30. "The other one is uphill from that proposal, a couple of hundred metres, and that would be about 600 metres from our house." She's helped send hundreds of letters to the state government and created petitions against both proposals. "We have got over 800 submissions, objections that people have written in personally in some way, shape or form, to the development programs department voicing their objections to it," she said. "For the second proposal, we've got over 700 written in. We presented a petition to the parliament with 1,300 signatures saying, 'please don't build it here'." 7.30 requested interviews with both the Victorian Planning Minister Sonya Kilkenny and the Victorian Energy Minister Lily D'Ambrosio; both declined. Instead, a Victorian government spokesperson said: "To continue to keep bills down and keep the lights on, we've streamlined planning approvals for renewable energy projects." "All members of the community can make submissions which will form part of any planning decision-making." It's expected a decision on Mint Renewables and Trina Solar's projects will be made later this year. The Alpine Shire Council is expected to vote on whether it will formally object or endorse the Trina Solar battery project at a council meeting on Tuesday. Watch 7.30, Mondays to Thursdays 7:30pm on ABC iview and ABC TV Do you know more about this story? Get in touch with 7.30 here.
Yahoo
13-05-2025
- Business
- Yahoo
Saudi Arabia Solar Energy Solutions Industry Report 2025: Market to Grow at a CAGR of 20.5% - Key Trends, Regional Insights, Competition, Forecast & Opportunities, 2020-2030F
Saudi Arabia's Solar Energy Solutions Market, valued at USD 2.5B in 2024, is set to reach USD 7.72B by 2030, with a CAGR of 20.50%. Driven by Vision 2030's sustainability goals, significant government initiatives, foreign investments, and abundant solar resources, the market is rapidly expanding. Key players like ACWA Power and Trina Solar are propelling innovation, particularly in photovoltaic technology. Despite challenges like grid integration, financing, and water scarcity, Saudi Arabia is poised as a global leader in solar energy, diversifying its economy and enhancing energy sustainability. Saudi Arabian Solar Energy Solutions Market Dublin, May 13, 2025 (GLOBE NEWSWIRE) -- The "Saudi Arabia Solar Energy Solutions Market, By Region, Competition, Forecast & Opportunities, 2020-2030F" has been added to offering. The Saudi Arabia Solar Energy Solutions Market is witnessing significant growth, projected to rise from USD 2.5 billion in 2024 to USD 7.72 billion by 2030, with a CAGR of 20.50%. This expansion is driven by the Kingdom's strategic shift towards renewable energy, underlined by its Vision 2030 initiative aiming to diversify energy sources and reduce hydrocarbon dependency. Central to this transition is the National Renewable Energy Program (NREP), which targets the installation of 27.3 gigawatts of renewable energy by 2024. This has resulted in favorable conditions for solar energy investments, supported by government policies, long-term Power Purchase Agreements (PPAs), land availability, and streamlined permitting processes. Such measures attract both domestic and international stakeholders, bolstering Saudi Arabia's position in the global solar market. Saudi Arabia's geographic advantage with abundant sunshine enhances its potential to harness solar power, particularly through photovoltaic technologies. Key projects in sunlight-rich regions, such as the Empty Quarter, optimize solar project efficiency. The Kingdom's target to install 50 GW of renewable energy by 2030, including 40 GW from solar power, underscores its commitment to this energy transition. Technological advancements are pivotal in driving the market forward. Innovations in bifacial panels, advanced tracking systems, and energy storage are enhancing solar efficiency and economic feasibility. This focus on cutting-edge technologies places Saudi Arabia at the forefront of the renewable energy sector. The solar market also contributes to economic diversification and job creation, vital for fostering a resilient economy less dependent on oil. Solar project development is generating employment in construction, installation, and maintenance sectors, while also supporting the growth of local industries and expertise in solar technologies. Despite significant progress, challenges remain. Grid integration poses hurdles due to the variable nature of solar power. Investments in grid upgrades and smart grid solutions are essential to address these. Financing is another challenge, with high upfront costs requiring supportive financial mechanisms from the government to encourage investment. Furthermore, water scarcity necessitates innovative cleaning methods for solar panels, reducing traditional water-intensive processes. Regulatory and policy frameworks also need refinement to enhance transparency, streamline project approval processes, and sustain investor confidence. Trends such as decentralized solar installations, green hydrogen production integration, and digitalization are reshaping the market. Corporations increasingly participate in renewable energy procurement, driving demand and supporting market growth. The Photovoltaic Cells segment dominates the market, supported by technological advancements and widespread adoption across various applications. Riyadh, as a hub for solar initiatives, leads regional development, driven by its infrastructure and strategic government backing. Key market players include ACWA Power International, Saudi Electricity Company, Saudi Arabian Oil Co., and others, reflecting a competitive landscape poised for continued innovation and expansion. Key Attributes: Report Attribute Details No. of Pages 86 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $2.5 Billion Forecasted Market Value (USD) by 2030 $7.72 Billion Compound Annual Growth Rate 20.5% Regions Covered Saudi Arabia Key Topics Covered: 1. Product Overview1.1. Market Definition1.2. Scope of the Market2. Research Methodology2.1. Objective of the Study3. Executive Summary4. Impact of COVID-19 on Saudi Arabia Solar Energy Solutions Market5. Voice of Customer6. Saudi Arabia Solar Energy Solutions Market Overview7. Saudi Arabia Solar Energy Solutions Filters Market Outlook7.1. Market Size & Forecast7.2. Market Share & Forecast8. Riyadh Solar Energy Solutions Market Outlook8.1. Market Size & Forecast8.2. Market Share & Forecast9. Makkah Solar Energy Solutions Market Outlook9.1. Market Size & Forecast9.2. Market Share & Forecast10. Madinah Solar Energy Solutions Market Outlook10.1. Market Size & Forecast10.2. Market Share & Forecast11. Jeddah Solar Energy Solutions Market Outlook11.1. Market Size & Forecast11.2. Market Share & Forecast12. Tabuk Solar Energy Solutions Market Outlook12.1. Market Size & Forecast12.2. Market Share & Forecast13. Eastern Province Solar Energy Solutions Market Outlook13.1. Market Size & Forecast13.2. Market Share & Forecast14. Rest of Saudi Arabia Solar Energy Solutions Market Outlook14.1. Market Size & Forecast14.2. Market Share & Forecast15. Market Dynamics16. Market Trends and Developments17. Company Profiles17.1. ACWA Power International17.2. Saudi Electricity Company17.3. Saudi Arabian Oil Co.17.4. Trina Solar Co.,Ltd17.5. SolarEdge Technologies Inc.17.6. Schneider Electric SE17.7. First Solar Inc17.8. Array Technologies, Inc. For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Saudi Arabian Solar Energy Solutions Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Yahoo
13-05-2025
- Business
- Yahoo
Saudi Arabia Solar Energy Solutions Industry Report 2025: Market to Grow at a CAGR of 20.5% - Key Trends, Regional Insights, Competition, Forecast & Opportunities, 2020-2030F
Saudi Arabia's Solar Energy Solutions Market, valued at USD 2.5B in 2024, is set to reach USD 7.72B by 2030, with a CAGR of 20.50%. Driven by Vision 2030's sustainability goals, significant government initiatives, foreign investments, and abundant solar resources, the market is rapidly expanding. Key players like ACWA Power and Trina Solar are propelling innovation, particularly in photovoltaic technology. Despite challenges like grid integration, financing, and water scarcity, Saudi Arabia is poised as a global leader in solar energy, diversifying its economy and enhancing energy sustainability. Saudi Arabian Solar Energy Solutions Market Dublin, May 13, 2025 (GLOBE NEWSWIRE) -- The "Saudi Arabia Solar Energy Solutions Market, By Region, Competition, Forecast & Opportunities, 2020-2030F" has been added to offering. The Saudi Arabia Solar Energy Solutions Market is witnessing significant growth, projected to rise from USD 2.5 billion in 2024 to USD 7.72 billion by 2030, with a CAGR of 20.50%. This expansion is driven by the Kingdom's strategic shift towards renewable energy, underlined by its Vision 2030 initiative aiming to diversify energy sources and reduce hydrocarbon dependency. Central to this transition is the National Renewable Energy Program (NREP), which targets the installation of 27.3 gigawatts of renewable energy by 2024. This has resulted in favorable conditions for solar energy investments, supported by government policies, long-term Power Purchase Agreements (PPAs), land availability, and streamlined permitting processes. Such measures attract both domestic and international stakeholders, bolstering Saudi Arabia's position in the global solar market. Saudi Arabia's geographic advantage with abundant sunshine enhances its potential to harness solar power, particularly through photovoltaic technologies. Key projects in sunlight-rich regions, such as the Empty Quarter, optimize solar project efficiency. The Kingdom's target to install 50 GW of renewable energy by 2030, including 40 GW from solar power, underscores its commitment to this energy transition. Technological advancements are pivotal in driving the market forward. Innovations in bifacial panels, advanced tracking systems, and energy storage are enhancing solar efficiency and economic feasibility. This focus on cutting-edge technologies places Saudi Arabia at the forefront of the renewable energy sector. The solar market also contributes to economic diversification and job creation, vital for fostering a resilient economy less dependent on oil. Solar project development is generating employment in construction, installation, and maintenance sectors, while also supporting the growth of local industries and expertise in solar technologies. Despite significant progress, challenges remain. Grid integration poses hurdles due to the variable nature of solar power. Investments in grid upgrades and smart grid solutions are essential to address these. Financing is another challenge, with high upfront costs requiring supportive financial mechanisms from the government to encourage investment. Furthermore, water scarcity necessitates innovative cleaning methods for solar panels, reducing traditional water-intensive processes. Regulatory and policy frameworks also need refinement to enhance transparency, streamline project approval processes, and sustain investor confidence. Trends such as decentralized solar installations, green hydrogen production integration, and digitalization are reshaping the market. Corporations increasingly participate in renewable energy procurement, driving demand and supporting market growth. The Photovoltaic Cells segment dominates the market, supported by technological advancements and widespread adoption across various applications. Riyadh, as a hub for solar initiatives, leads regional development, driven by its infrastructure and strategic government backing. Key market players include ACWA Power International, Saudi Electricity Company, Saudi Arabian Oil Co., and others, reflecting a competitive landscape poised for continued innovation and expansion. Key Attributes: Report Attribute Details No. of Pages 86 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $2.5 Billion Forecasted Market Value (USD) by 2030 $7.72 Billion Compound Annual Growth Rate 20.5% Regions Covered Saudi Arabia Key Topics Covered: 1. Product Overview1.1. Market Definition1.2. Scope of the Market2. Research Methodology2.1. Objective of the Study3. Executive Summary4. Impact of COVID-19 on Saudi Arabia Solar Energy Solutions Market5. Voice of Customer6. Saudi Arabia Solar Energy Solutions Market Overview7. Saudi Arabia Solar Energy Solutions Filters Market Outlook7.1. Market Size & Forecast7.2. Market Share & Forecast8. Riyadh Solar Energy Solutions Market Outlook8.1. Market Size & Forecast8.2. Market Share & Forecast9. Makkah Solar Energy Solutions Market Outlook9.1. Market Size & Forecast9.2. Market Share & Forecast10. Madinah Solar Energy Solutions Market Outlook10.1. Market Size & Forecast10.2. Market Share & Forecast11. Jeddah Solar Energy Solutions Market Outlook11.1. Market Size & Forecast11.2. Market Share & Forecast12. Tabuk Solar Energy Solutions Market Outlook12.1. Market Size & Forecast12.2. Market Share & Forecast13. Eastern Province Solar Energy Solutions Market Outlook13.1. Market Size & Forecast13.2. Market Share & Forecast14. Rest of Saudi Arabia Solar Energy Solutions Market Outlook14.1. Market Size & Forecast14.2. Market Share & Forecast15. Market Dynamics16. Market Trends and Developments17. Company Profiles17.1. ACWA Power International17.2. Saudi Electricity Company17.3. Saudi Arabian Oil Co.17.4. Trina Solar Co.,Ltd17.5. SolarEdge Technologies Inc.17.6. Schneider Electric SE17.7. First Solar Inc17.8. Array Technologies, Inc. For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Saudi Arabian Solar Energy Solutions Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
South China Morning Post
02-05-2025
- Business
- South China Morning Post
Indonesia emerges as new hub for Chinese solar firms amid Trump's tariffs on Southeast Asia
Malaysia , Sky-high US tariffs on Chinese solar firms with factories in Vietnam Thailand and Cambodia are prompting some of these companies to consider relocating to Indonesia – a rare bright spot in the region that analysts say may not remain shielded for long. Advertisement US President Donald Trump 's administration in late April imposed punitive duties of up to 3,500 per cent on solar components exported from the four Southeast Asian countries, targeting Chinese firms accused of routing shipments through the region to sidestep previous trade restrictions. Indonesia and Laos, which the US tariffs have not hit, recently attracted new investments from Chinese-owned solar firms seeking to bypass American trade barriers. Chinese firms featured prominently at Solartech Indonesia 2025, a trade exhibition for solar and photovoltaic energy held in Jakarta last week, including solar panel manufacturers Jinko Solar and Trina Solar. This comes after at least four new solar projects linked to Chinese companies have begun operating in Indonesia and Laos , with two more in development, according to Reuters. Together, they aim to produce 22.9 gigawatts of solar capacity, primarily destined for the United States. Advertisement Among the major players are Thornova Solar, the US-based subsidiary of China's Yuncheng Solar Technology; New East Solar, another China-linked firm; and Lesso Group, a Chinese conglomerate best known for manufacturing industrial materials.
West Australian
23-04-2025
- Business
- West Australian
Donald Trump news: US plans to impose 3521 per cent tariffs on solar panel imports on Asian countries
The US Commerce Department has announced tariffs of up to 3521 per cent on solar panel imports from Cambodia, Thailand, Malaysia, and Vietnam, following a year-long investigation into alleged Chinese subsidies and price dumping. The proposed levies target Chinese-backed firms operating in South East Asia, with duties varying by company and country. Cambodian exporters face the steepest rates (3,521 per cent) for non-cooperation with the probe, while Malaysia's Jinko Solar and Thailand's Trina Solar face 41 per cent and 375 per cent tariffs, respectively. The American Alliance for Solar Manufacturing Trade Committee, which petitioned for the investigation, hailed the move. 'This is a decisive victory for American manufacturing and confirms what we've long known: that Chinese-headquartered solar companies have been cheating the system,' said Tim Brightbill, the group's lead counsel. The tariffs, if finalised by the International Trade Commission in June, would add to existing Trump tariffs. The US President has already imposed taxes of up to 145 per cent on imports from China, while most countries like Australia are now facing a blanket US tariff of 10 per cent until July. The announcement follows Chinese President Xi Jinping's recent tour of South East Asia, where he urged nations to resist 'unilateral bullying' by the US. In 2023, the US imported $US12 billion dollars (18.8 billion AUD) in solar equipment from the four countries. The planned 3521 per cent tariffs are set to benefit US solar panel makers but could also mean extra costs for businesses and customers who have benefited from cheaper solar panels that have been imported.
