The European solar association has called on Europe to set up 5 GW of solar PV module manufacturing capacity to cater to the expected around 15 GW of annual demand.
Researchers from Berlin’s College for Technology and Economics have determined a ‘system performance index’ for 16 residential storage systems. The index ranks systems according to economic efficiency. The compilers of the index say many manufacturers lack transparency regarding system performance.
The French industrial equipment manufacturer expects to almost double turnover in solar by 2023. The company supplies materials for ingot production as well as providing electrical protection solutions such as fuses, fuse holders, heatsinks, wire management, disconnect switches, laminated busbars and surge protective devices.
The polysilicon, PV wafer and module and inverter maker has arranged a second EGM of 2018 to seek permission for two bond issues, as its peers scramble to raise their manufacturing capacities.
The inverter maker took number one spot in the US from SMA this year, and acquired majority stakes and IP in uninterrupted power supply company Gamatronic and storage system provider Kokam. While other companies have consolidated, SolarEdge managed to report robust results.
German inverter maker SMA has joined forces with China’s BYD after losing US market share to Solaredge, which this year linked up with Kostal to optimize communication interfaces between inverters and storage applications.
Big players such as Acme, ReNew, Adani, Azure, Hero Future and Aditya Birla Solar are likely to stay away from procurement which requires 3 GW annual manufacturing commitment, says industry insider Gopal Lal Somani.
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