The renewable energy sector shows great promise for a more prosperous future – both economically and environmentally. Zhang Jianxin is the general manager of TBEA Sunoasis, with nearly 20 years of experience in the PV sector. The industry veteran recently met with pv magazine to discuss the Chinese company’s experience in expanding to global markets, the challenges it faces, Covid-19, and what the future may have in store.
The internationalization of TBEA Electric started in 2014. Considering the experience the company had within the domestic market and future market potential, TBEA Electric selected India as its first target for expansion. Since then, the company has expanded around the world – and is supporting the smart energy revolution with new solutions.
ACWA Power is a leading investor, owner, and operator of power and desalinated water production plants based out of the United Arab Emirates. Since the company’s inception, it has planned for down-the-line profitability, rather than focusing on market pricing. CEO Paddy Padmanathan recently spoke with pv magazine to discuss how the company has maintained its competitive edge and continues to grow its geographical footprint.
Refex Energy Ltd. is one of the leading domestic solar companies to install PV inverters for large grid-connected arrays and rooftop PV plants throughout India. In a recent interview with pv magazine, R.K. Sharma – the executive director of the company – discussed the Indian solar market, the impact of Covid-19, and the company’s 110 MW project, which uses TBEA’s central inverters.
Microgrids have historically been used in remote areas without access to grid services, but they are now playing a more prominent role in the energy transition. Microgrids are independent, small-scale power generation and distribution systems composed of various distributed energy sources, as solar+storage, energy conversion devices, and possible monitoring and protection devices. Microgrids can handle electricity transactions between different devices, but can also intercommunicate and even exchange electricity with utility power grids – and they are becoming increasingly smarter with time.
Since its founding in 2000, TBEA Electric has accumulated an impressive portfolio with more than 5,000 wind, solar PV, and off-grid power plants, with a construction capacity of nearly 16 GW, including 5 GW of wind power and 11 GW of solar PV. Today, the company is focused on solar PV, wind, electricity, and energy internet-of-thing (IoT). And by the end of 2020, the company projects significant global operations, with 30 GW of PV inverter capacity developed, SVG products surpassing 6GVar, and its TB-eCloud smart energy cloud platform exceeding 5 GW of capacity across more than 30 international power stations. Hao Xiang, president of product development at TBEA Electric, discusses the company’s R&D efforts and business-efficiency practices, as they are spurring the company’s rapid global growth.
Today’s solar market offers a wide range of options for modules, inverters, balance of systems, inverters, and intelligent software for developers to choose from. Enrich Energy, a large PV plant developer based out of India, has commissioned more than 400 MW of solar capacity since its inception in September 2011. The company says that TBEA has been its inverter partner of choice – and it is already exceeding expectations for three projects.
The 300 MW project was tendered by Saudi Arabia’s Renewable Energy Development Office (REPDO), which is part of the country’s Ministry of Energy. A competitive tender process started in 2017 and ACWA Power – the country’s leading developer, owner, operator, and investor for power generation and water desalination plants – was prequalified together with other international investors. Following the commercial evaluation stage of the tender’s process, ACWA Power became the preferred bidder, securing a SAR 0.08872 ($0.024)/kWh tariff. Sakaka Solar Energy Co., a joint venture that is 70% controlled by ACWA and 30% owned by Al Gihaz Holding, is the owner and developer of the project. The generated electricity is sold to Saudi Power Procurement Co. (SPPC) under a 25-year power purchase contract.
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