Chinese PV Industry Brief: new listing plans and more POE encapsulant capacity
Daqo revealed it will list its main production unit in Shanghai, while Goodwe secured approval for its own plans to list shares. Cybrid Technologies, meanwhile, said it will ramp up production of polyolefin elastomer (POE) encapsulant films.
Autarco unveils rooftop module series
The Dutch PV system provider’s MHI panels feature multi-busbar technology and 120 half-cut, monocrystalline cells. The series has a power output of 355-375 W and efficiency of 19.2-20.3%.
A ten-year PPA for 50 MW Spanish project
Dutch solar developer Sonnedix will supply Norwegian renewables company Statkraft with around 100 GWh of green electricity annually from 2021 to 2031. The electricity will be generated by a solar plant planned in Badajoz. Sonnedix also announced the acquisition of 4.6 MW more Spanish solar capacity.
Covid-19 weekly round-up: It is still unclear how the crisis will play out on various solar segments, although one US installer says business has never been better…
Module price falls driven by the energy demand slump and Chinese oversupply may reverse at the end of the year, Germany appears immune to the Covid rooftop curse and emergency funding has been offered up to EU businesses affected by the crisis.
Solar costs have fallen 82% since 2010
The levelized cost of energy generated by large scale solar plants is around $0.068/kWh, compared to $0.378 ten years ago and the price fell 13.1% between 2018 and last year alone, according to figures released by the International Renewable Energy Agency.
China reaches 1.7 GW of electrochemical storage capacity
According to new numbers released by the China Energy Storage Alliance, the country’s storage capacity topped 32.4 GW at the end of last year. The association said the storage market is expected to continue to grow steadily in the years ahead.
Israel wants another 15 GW of solar by 2030
Energy minister Yuval Steinitz has announced the country’s 2030 renewable energy target will rise to 30%, with solar expected to account for the lion’s share. Approximately $23 billion more clean energy investment is envisaged this decade.
Covid-19 delayed 63% of India’s planned big solar in first quarter
Coronavirus-related disruption severely impacted solar installation during the first three months of the year, as the nation added only 689 MW of utility scale PV, against the 1,864 MW that was scheduled to be commissioned.
Germany installed 380 MW of solar in April
The rooftop segment maintained strong growth but utility scale PV saw a slowdown on previous months. In the first four months of 2020, newly deployed PV systems added up to 1,479.5 MW of generation capacity, compared with around 1.6 GW in the same period of last year. The nation’s cumulative PV capacity hit 50.46 GW at the end of April.
Chinese PV Industry Brief: Jinko’s new capacity and a 200 MW solar park
JinkoSolar has begun construction of a new 16 GW module production base in Yiwu city, Zhejiang province and Eging PV has resumed a 200 MW solar project in Qitai county in the Xinjiang Uygur Autonomous Region, after securing approval from local authorities. The China National Energy Administration has confirmed the nation can add no more than 48.45 GW of solar to the grid this year.
