February 14th-16th, Jason, Business Director of Hefei Bluesun Solar Energy Co., Ltd., Successfully Signed A Contract With A Customer For A 7.5 MW Photovoltaic Project. At the exhibition，Reached A Consensus On Future Strategic Partners. Zoe, Business Director of Hefei Bluesun Solar Energy Co., Ltd., Is Introducing The Company's Products To Customers And Conducting In-Depth Exchanges. In-depth communication with customers at the exhibition site Our next exhibition time and place https://www.powerbluesun.com/exhibitions_d22

Norsun, which operates a hydroelectric-powered factory in Norway, has agreed to sell wafers to Meyer Burger, which plans to expand its annual solar cell production capacity to 3 GW by 2024. From pv magazine Germany Switzerland's Meyer Burger has signed a long-term wafer supply contract with Norwegian wafer manufacturer Norsun. The contract provides for rising purchase quantities as Norsun expands its wafer production capacity, in line with Meyer Burger's growth plans. Meyer Burger aims to expand its annual PV cell production capacity to 3 GW by 2024. At the beginning of January, the Swiss solar manufacturer said that it would invest €400 million ($430 million) in the expansion of its cell and module capacity in Germany and the United States. Norsun produces its wafers in a plant in Årdal, western Norway, powered by hydroelectric capacity. Wafer production is very energy-intensive and the use of hydropower significantly reduces the ecological footprint of PV modules. The Oslo-based company currently has a production capacity of 1 GW. “The agreement with Norsun is an important step in strengthening the independence of European supply chains,” said Gunter Erfurt, CEO of Meyer Burger.  

According to informed sources, British Petroleum (BP) plans to adjust its renewable energy strategy, or will cancel part of its renewable energy business. The news came as a surprise, as the firm cut its outlook for global oil and gas demand in its 2023 edition of BP World Energy Outlook just two days after it said the turmoil sparked by the Russia-Ukraine conflict would prompt countries to invest in renewable energy. energy to seek greater energy security. People familiar with the matter told the media that BP CEO Bernard Rooney has said that the company’s investment returns in the renewable energy sector have been disappointing and that it plans to cancel some renewable energy businesses; Shareholders believe it can maximize profits in areas where it has a competitive advantage, such as the traditional oil and gas business. According to Rooney, ESG (environmental, social and governance) goals increase operating costs and limit companies' ability to grow profits. He also noted, however, that the moves were modest short-term course adjustments rather than a major strategic shift for the energy company. Analysts and some investors say BP's commitment to switch from fossil fuels to renewable energy could hamper the company's earnings growth. Many companies are struggling to transition to new green technologies while still relying heavily on traditional energy sources. A spokesman for BP said the company will update investors on the progress of its energy strategy when it reports full-year 2023 earnings on Feb. 7. When Rooney took office about three years ago, he promised to reshape BP to reduce carbon emissions by reducing oil and gas production and developing renewable energy. Looney has said in some recent discussions that the company will continue to push forward with renewable energy, but with a more fine-tuned approach to avoid spreading resources too widely or relying too heavily on renewables in its overall strategy. He and other BP executives have hinted that the company may reduce investments in areas such as solar and offshore wind, according to some people familiar with the matter. In the latest energy outlook, BP has set three scenarios for energy transition, including "net zero", "rapid transition" and "new power". Taken together, the scenarios cover a range of possible outcomes for the global energy system over the next 30 years, BP said. All scenarios assume that oil and gas demand will decline over the next few decades as renewable energy grows and transport electrifies. But this expectation runs counter to the possible decision of BP. BP's shares, which have lagged rivals over the past few years, are up about 7% since the end of January 2020, while Exxon's shares have nearly doubled over the same period. The day before, Exxon Mobil released its financial report showing that the company's net profit in 2022 will be US$56 billion, which is a record high in the history of the Western oil industry.

The Spring Festival holiday is over soon, today is the first working day after the holiday, we are here to wish everyone has a wonderful beginning and achieve progress in career. In the new year, Bluesun always adheres to the principle of customer first and provides customers with better solar products and services. If you have any suggestions or questions, please send an email to info@bluesunpv.comSolar panels, solar inverter, lithium battery,energy storage, complete solar system design still are our main products. And we will participate in overseas solar exhibitions to communicate with our costumer face to face in 2023, look forward to seeing you! Good luck with your work throughout the new year!