• Dec 18, 2024

Solar PV additions in the European Union are forecast to reach 65.5GW in 2024, according to trade association SolarPower Europe’s (SPE) latest report. After years of rapid growth with double-digit increases from previous years, Europe is facing a 92% slowdown in solar growth compared with the growth between 2021 and 2023. Last year was marked by a record 62.8GW of solar capacity additions, while this year’s growth from 2023 only amounts to 4.4% – the lowest market growth since 2017. The slowdown was not surprising for SolarPower Europe. “Following the solar boom during the gas crisis, the urgency of going solar has waned for citizens as their bills normalise,” the EU Market Outlook for Solar Power report said. “Developers face challenges for different reasons. The energy system has not kept up with the solar growth curve, and building bankable utility-scale solar becomes more difficult as grid and flexibility bottlenecks tighten.” SPE’s data showed the residential rooftop market has seen a nearly 5GW decrease from 2023 with 12.8GW of capacity additions in 2024. This decrease is partially down to the removal of incentives for rooftop solar (for instance, the Netherlands will remove its net metering scheme for residential solar by 2027) which saw decreases in residential solar in Germany, Austria, Italy, Poland, the Netherlands, Belgium, Sweden, Spain, and Hungary. The slower growth of solar PV in 2024, along with residential solar stumbling, has affected the biggest European markets too. Half of the top 10 biggest solar markets in 2024 have seen a drop in capacity additions from the previous year. Spain, Poland, the Netherlands, Austria and Hungary have seen their solar PV market contract since the end of the energy price crisis and policymakers failing to offer regulatory stability to maintain investment appetite in solar. The Netherlands has seen the steepest drop, with an annual decrease of 1.8GW from 2023, whereas the growth in the other five markets has been “modest”, according to the report. France saw the biggest increase, with 1.5GW added in 2024. Germany (with 16.1GW added in 2024) continues to be the largest market in the European Union for solar PV, by Spain (9.3GW) and Italy (6.4GW). Challenges ahead for solar PV Looking ahead, the report forecasts continued single-digit growth between 3-7% from 2025-2028. SPE said this would still allow the EU to reach its 2030 solar PV target of 750GW as it projects 816GW of installed solar PV by the end of the decade. However, the trade association warns that Europe could still miss the mark by 100GW if it follows the wrong path. In the report, SPE outlined several challenges looming for the solar industry in the coming years. As mentioned earlier, the residential market is poised to continue its downward path. However, the report highlights an increased interest in balcony solar deployments. In Germany alone over 220,000 systems – around 800W – were added in the first half of 2024. Inflexible ...

• Sep 17, 2024

The Mid-Autumn Festival, Zhongqiu Jie (中秋节) in Chinese, is one of four major traditional holidays in China, second only to Chinese New Year. It is celebrated on September 17, 2024. It is an significant day for all Chinese people to reunite and have a good time together. In Fasten Solar, we held a grand "Bo Bing" dinner party to celebrate the traditional Mid-Autumn Festival with all its employees. "Bo Bing," is a dice game played during the Mid-Autumn Festival in Xiamen, is a symbol of joy and good fortune. This party was not only about the game and cultural traditions, but also about enjoying the festive spirit, sharing mooncakes, and expressing our gratitude for the company.

• Dec 31, 2023

Winter is the season of holidays, giving, and time spent with loved ones.  With the distant sound of Christmas bells and joyful Christmas songs, Christmas arrives as promised. To our Fastensol customers,partners and employees,we wish you a merry Christmas and a happy New Year in 2024! May this holiday season bring good tidings to you and your family. Herein we sincerely thank you for your choosing and trust this year. All of FastenSolar will continue to provide you with our high-quality,more accurate, thoughtful, and professional services as always. Continuously following up on the development needs of different solar energy fields, enable everyone to enjoy a comfortable and enjoyable experience here in the future.

• Aug 22, 2023

Brazil installed 2.3 GW of large-scale solar and 4.5 GW of distributed-generation PV in the first six months of this year.   New figures from Brazil's energy regulator, ANEEL, show that the country achieved an impressive 6.8 GW increase in PV generation capacity in the first half of 2023. Within this growth, 2.3 GW emerged from 61 newly established large-scale PV plants, while an additional 4.5 GW was contributed by distributed-generation solar, involving PV systems under 5 MW in size. It remains unclear whether these statistics include the 1.2 GW Janaúba solar complex, which was unveiled in July by Elera Renováveis in Janaúba, Minas Gerais. Brazil reached 32 GW of cumulative installed PV capacity at the end of June, constituting approximately 14.7% of the nation's overall installed capacity, which currently stands at 194.38 GW. Related Tages: Metal Roof Mounting, Pitched Roof Mounts, Solar Racking Solution Fastensol - Your Solar Partner!

• Aug 22, 2023

The demand in the global photovoltaic market continues remain strong in 2023. China is the largest application market for photovoltaics and the largest manufacturing base in the world. Globalization is also one of the main directions for the future development of Chinese photovoltaic enterprises. China's photovoltaic industry chain is complete, covering silicon materials-silicon wafers-cells-modules, and has the advantages of industrial linkage. At the same time, photovoltaic technology has a deep accumulation and a relatively solid industrial foundation. Some companies have invested and built factories overseas. In the context of global carbon neutrality, many countries and regions regard the development of renewable energy including photovoltaics as an important part of their carbon neutrality path. Driven by breakthroughs in renewable energy technology and policy tools, the global photovoltaic market has maintained a good momentum of development. The China Chamber of Commerce for Import and Export of Machinery and Electronic Products released the "White Paper on the External Development of China's Photovoltaic Industry" this year, pointing out that in the next 10 years, the global photovoltaic application market will still maintain a high demand. It is recommended that Chinese photovoltaic enterprises actively participate in the formulation of international standards for the photovoltaic industry; guide and encourage enterprises Increase investment in research and development, improve awareness of intellectual property rights strategy; establish a green and low-carbon certification standard system for photovoltaic products, and promote the docking of green and low-carbon trade rules and mechanisms at home and abroad. Fastensol- Your Solar Partner!

• Aug 17, 2023

Nigeria mainly uses fossil fuels and hydro in its 4 GW power generation fleet. It has been estimated around 30 GW of capacity would be needed to fully cover its population of 200 million people. The International Renewable Energy Agency (IRENA) estimated Nigeria had 33 MW of grid-connected solar at the end of 2021. With solar irradiance ranging from 1.5 MWh/m² to 2.2 MWh/m², why does the country remain shackled by energy poverty? IRENA has estimated renewables could meet 60% of Nigeria’s energy demand by 2050. Thermal power stations generate around 70% of Nigeria’s electricity today, with hydro providing most of the remainder. Five main generation companies (GenCos) dominate and the Transmission Company of Nigeria is the sole transmission entity, responsible for the development, maintenance, and expansion of the transmission network. The distribution sector has been completely privatized. Power produced by the GenCos is sold to Nigerian Bulk Electricity Trading Company (NBET) which is the only bulk trader of electricity. It buys electricity from the GenCos through power purchase agreements (PPAs) and sells to private distributors through vesting contracts. This structure ensures that the generating companies get a guaranteed price irrespective of what happens on the distribution side. There are fundamental problems with the system which also affect the adoption of solar technology as a part of Nigeria’s energy mix. due to policy uncertainty and lack of grid infrastructure,the lack of lender trust in the Nigerian power market also stems from fundamental issues with the electricity grid, especially with regards to its reliability and flexibility. That is why most lenders and developers require guarantees to safeguard their investments. Much of Nigeria’s grid infrastructure is unreliable.   Nigeria is a potentially big market for solar mini-grids as there are towns and communities without any connection to the grid. Mini grids are also an opportunity for developers and financiers to serve those without access to electricity, and for the development of captive solar power facilities for heavy energy consumers, such as mines, to ensure their own reliable and affordable power capacity. There is also opportunity for development of energy storage solutions to stabilize local grids. Tapping Nigeria’s PV potential will require a synchronous effort between the government, developers, lenders, and consumers. And time is of the essence now that many countries are in the race to net zero. Decarbonizing power infrastructure is key. Related Tages: Metal Roof Mounting, Pitched Roof Mounts, Solar Racking Solution Fastensol, Your Solar Partner!

• Apr 05, 2023

A photovoltaic hydrogen production project located in North-West of China was hit by a level 13 sandstorm. A large number of solar photovoltaic brackets collapsed, photovoltaic modules were damaged to varying degrees, and some modules were completely broken. Relevant personnel said that the serious damage to the project was the result of the joint action of various influencing factors. On the day of the accident, the gust intensity reached level 13 or above, and the windy weather lasted for nearly 12 hours. At the same time, the project uses super-large photovoltaic modules, and the design of the support strength does not fully consider the wind load. The reason for this accident is that the project developer did not purchase commercial insurance, and the manufacturer usually does not purchase additional commercial insurance for the manufactured products. lead to heavy losses. In order to prevent possible losses, during the project bidding stage, some owners will specifically propose that the general contractor (EPC) be responsible for purchasing "project all risks" and clearly write it into the contract. The various components used in this incident are not the first to come out, and it should be attributed to the lack of awareness of dealing with extreme weather and safety issues. For the construction of the project, it is not only about cost reduction, but also for safe and stable operation, it is necessary to thicken the component glass, strengthen the bracket material, deepen the piling, and take into account both cost and project safety.

• Mar 29, 2023

Data released by the Hellenic Association of Photovoltaic Companies, show that the Greek solar market installed three times more capacity in 2022 compared to 2021.   Greece connected 1.36 GW of new PV capacity to the grid in 2022. Of this, 341.5 MW was connected to Greece’s transmission grid and about 1020MW was connected to Greece’s distribution grids.    Given the fact that commercial net-metered system installations more than doubled that of residential systems, the Greek government wants to boost the residential segment by introducing a new generous rebate scheme aiming specifically at residential solar-plus-storage.   The government said the new scheme will be published shortly, possibly before the end of March, 2023. And Greece aims to have 14.1 GW of installed PV capacity by 2030 and 34.5 GW by 2050. Fastensol- Your Solar Partner!

• Dec 29, 2022

2022 has been a busy and unforgettable year for us, now it has come to an end. On behalf of Fastensol, we appreciate all of the strong support from our partners, friends, clients, fellows, connectors and every one we have met during the past time. A better and brighter year 2023 has come to us, along with challenges, we believe this would be an even fruitful year. Fastensol will have a short break from 17:00 pm 30th December, 2022 and get back on 3rd January 2023. We wish everybody happy new year! Best of luck in the year to come. Fastensol-Your Solar Partner!~

• Mar 01, 2022

Economy Minister Robert Habeck, a leading member of the Greens party, noted that Germany needed to take a range of steps, including diversifying its sources of imports. "We need to admit that in the past we have been too reliant on Russian imports," Habeck told journalists ahead of a European Union meeting in Brussels. "In the medium and long term, we are going to significantly reduce the consumption of fossil fuels." Habeck's ministry plans to speed up the passage of the Renewable Energy Sources Act (EEG) through parliament so that it can come into force by July 1. The act would see Germany suspend cuts to subsidies for new solar panels on roofs this year and increase solar tenders to 20 gigawatts by 2028 from about five gigawatts now, keeping them at that level until 2035, the ministry said. Germany would also boost tender volumes for onshore wind energy to 10 gigawatts (GW) annually by 2027 from about two gigawatts now and keep them at that level through to 2035. These steps would help renewable sources account for 80% of Germany's electricity needs by 2030 and all of them by 2035, compared to a previous target to abandon fossil fuels "well before 2040", the ministry said. By 2035, Germany's onshore wind energy capacity should double to up to 110 GW, offshore wind energy should reach 30 GW and solar energy would more than triple to 200 GW. However, Habeck rejected calls for Germany to reconsider exiting coal and nuclear power in light of Russia's invasion. "Coal and nuclear are not alternatives for Germany," he said, noting that half of Germany's coal was also imported from Russia and adding that it would not be possible to keep nuclear plants online as they do not have approval to keep running. Fastensol is one of China's leading suppliers of solar mounting system. Fastensol- Your Solar Partner!

• Sep 24, 2021

When full moon spread out the whole land, here comes the warm holiday: Mid-autumn Festival. People usually get reunion, eat moon cake and enjoy the full moon highly hanging in sky. As a part on Fasten solar, we would never miss any of the activities. Mooncake game, also known as BoBing in dialect of south Fujian Province, is traditional activity to celebrate by throwing out 6 dices in a bowl for any possibilities that will get rewarded. Some will get what they want while others will disappointed for “ bad luck”, the winner will get the largest parts. Our logistics department prepared lots of shopping cards as rewards and wish all good luck. As the mooncake game comes to an end, we are ready to evening party. We talked and discussed, drink and toast in a warm and pleasant atmosphere. In this day of harvest, happiness and reunion, let’s work together to make a further progress. Sincerely, kind greeting to all of you and your families, Fasten Solar wish you good health and happiness.

• Jan 01, 2021

Jingle bell, jingle bell, The annual Christmas comes again! Because of the epidemic, The sales department of Fastensolar decide to give up visiting the dream world with ice and snow, but arrived at the artificial castle instead, and firmly promised we will be in the real ice and snow world next time. The four-day activity is made by varieties of tabletop games, a wonderful journey in the amusement park, casual talks in the hot spring, needless to say about delicacies. cold weather was melted by happiness, the pressure and anxiety of the whole year were melted at the same time. In the coming 2021, we will hope and effort to move on. Insist on Fasten solar's good service, profession, and high quality to bring more possibility to our dear partners and clients, to devote our love and sincerity into the clean energy. Fastensolar- Your Solar Partner!