Sungrow has become a strong force in Europe’s PV inverter landscape. The company has already captured a 26% share of the continent’s utility scale PV market and a new line-up of products is catching the attention of project developers.
At the recent Solar Power International trade show in Salt Lake City, Utah, part of the larger North America Smart Energy Week, pv magazine met with Hank Wang, President of the Americas Region at the Chinese inverter manufacturer Sungrow. The company expects to ship 2 GW of products to North American markets this year with utility-scale products making up the bulk of these shipments.
With a combination of scale, a growing population, outstanding irradiation, and available capital, solar PV should be a ‘no brainer’ for the Kingdom of Saudi Arabia. But early explorations of the technology have soured expectations, and progress has come in fits and starts.
Vietnam had already successfully commissioned 1.5 GW of utility-scale PV at the end of May this year, and there is no sign of this slowing down, with another 2 GW teed up for June 2019. The breakneck speed in development is making Vietnam a powerhouse in the region in installed capacity, even nipping at the heels of Australia. Rystad Energy’s Minh Koi Le looks at the state of play in the Vietnamese solar market.
ACWA Power has an installed capacity of more than 1 GW of PV projects across MENA, Southern Africa, and Southeast Asia, and was awarded the landmark Sakaka Project – Saudi Arabia’s first utility scale PV project – which it began to construct in November 2018. pv magazine caught up with Paddy Padmanathan, CEO of the Saudi-based energy giant to discuss the Middle East’s growing solar markets.
At the Solar Power Summit in Brussels today, the industry group said it is preparing to launch a supply-side oriented industrial policy for the PV sector in Europe. The manufacturing sector on the continent has been hard hit since 2012, and has been buffeted by a range of unfavorable policy decisions.
Germany’s innogy is all set to deliver its first utility-scale solar PV project in Australia. Preparation works and pre-pilling tests are currently underway, and main works are expected to commence this October.
Capital Dynamics announced the final close on its most recent clean energy fund, totaling US$1.2 billion in commitments. The company is now managing 2.3 GW of solar installations.
Single-axis tracking technology will be deployed in the vast majority of Australian large scale solar projects currently under development. Rystad Energy made the observation in its latest research note, adding that at present two companies share 90% of the confirmed orders.
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