NAGANO, Japan : After four months installation and test, the first industrial off-grid solar PV project equipped with MWT light and flexible panels in Japan was taken into operation and started power generation. With help of the attached power storage system, this rooftop PV plant will provide the factory beneath with clean electricity for self-utilization. […]
Top 5 Countries Producing Solar Energy
Highlights: China leads the world as the top producer of solar energy, installing more than 30.1 GW of photovoltaic (PV) capacity in 2019.1 The United States, India, Japan, and Vietnam rank next on the list of top solar producers. While China’s PV market share was 27% for 2019, this is down significantly from 2017, when […]
Amidst steep price hikes in raw materials, LONGi works with customers in India to find “win-win” solutions to deliver modules on time; stays on path to meet India’s RE targets
Amidst steep price hikes in raw materials, LONGi works with customers in India to find “win-win” solutions to deliver modules on time; stays on path to meet India’s RE targets. A recent article published by The Economic Times titled “Indian solar companies on edge as Chinese vendors exit deals” reported that “Leading solar module suppliers […]
Q Cells to equip largest portion of 370-MW solar park in Angola
Solar products company Q Cells has started shipping “vast quantities” of photovoltaic (PV) modules for what it says is the “backbone” of a 370-MW solar project in Angola. The company, which has dual headquarters in South Korea and Germany, is supplying a total of 287.1 MW of modules of the Q.PEAK L-G4.5 model for two […]
Chinese PV Industry Brief: First quarter brought 5.5 GW of new solar, Zhonghuan Semiconductor acquires stake in Maxeon
Solar demand grew around 40%, year-on-year, during the first three months of 2021 and wafer producer Zhonghuan Semiconductor has raised its holding in Singaporean solar manufacturer Maxeon to become its second-largest shareholder after Total. Wang Shijiang, secretary general of the China Photovoltaic Industry Association, told the China International Clean Energy Expo in Beijing the volume […]
Solar and wind are leading fastest energy transition the world has seen
Solar PV and wind Arguably, the fastest change in global energy systems in history is underway. In 2020, new solar photovoltaics (PV) and wind capacity comprised 75% of global net new generation capacity (Figure 1) according to the International Renewable Energy Agency. New PV and wind capacity was 10 times larger than net new hydro […]
New surge in downstream demand has driven the polysilicon shortage to a crisis point – JinkoSolar continues to counter this challenge effectively and support its customers
New surge in downstream demand has driven the polysilicon shortage to a crisis point – JinkoSolar continues to counter this challenge effectively and support its customers. In an official statement, the global vice president of Chinese solar manufacturer JinkoSolar, Dany Qian, said that polysilicon prices are not expected to drop for at least six months. […]
All About PLI Scheme
Pinsent Masons advises on the project financing of the Rabigh Solar PV IPP Project in the Kingdom of Saudi Arabia
Multinational law firm Pinsent Masons has advised the financiers (Japan Bank for International Cooperation, Mizuho Bank and Al Rajhi Banking and Investment Corporation) on the project financing provided to a consortium led by Marubeni Corporation in joint venture with Al Jomaih Energy & Water Company Limited of the 300MW solar power plant to be built […]
The Necessity of Energy Storage System for Energy Revolution
With the global trend of carbon neutrality and the change of energy structure, the penetration rate of photovoltaic power generation is growing rapidly, and the total installed capacity of the world was 128GW in 2020. Due to the peak and valley characteristics of photovoltaic, the PV+ESS energy model has become the golden combination of renewable […]