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  • Forecast of global photovoltaic market prospects in 2019
    Forecast of global photovoltaic market prospects in 2019
    • Oct 18, 2019

    The global PV market is optimistic and will remain at a high level. At present, tackling climate change has become the voice and consensus of the world. At present, 146 countries around the world have set renewable energy targets, and some well-known multinational companies have achieved or set 100% renewable energy use targets. In addition, major markets such as China, Japan, India, and the United States will remain stable and will change slightly; the European market will be a new sprout in the future, and the EU market is expected to grow significantly faster than in the past in 2019. It can reach more than 11GW; emerging markets are also rising rapidly. Due to the continuous increase in electricity prices and the lack of power supply, Australia's large-scale terrestrial photovoltaics will overtake household PV in 2018. It is expected to remain above 4GW in 2019, including Mexico. Turkey is growing rapidly. At the same time, due to the shortage of supply in the past few years, some enterprises have increased production, and some of the backward production capacity has not been effectively withdrawn. The two factors are superimposed. In the case of slowing market growth, the industry will face a key turning point. After this transition and industry integration, the photovoltaic industry is expected to gradually achieve high quality development. Fastensol is one of China's leading suppliers of solar mounting systems has won the trust and good trade reputation of many foreign customers with its high quality products, excellent R&D design capability and high standard pre-sales and after-sales service.

  • Solar Power Is Starting to Shine
    Solar Power Is Starting to Shine
    • Aug 15, 2019

    The U.S. solar-energy market just had its strongest first quarter yet, and rooftop power has emerged as the most promising growth sector. Though it represents a small portion of the overall market, residential solar power has a lot of potential to grow, experts say. Strong customer demand, a handful of recent policy developments, and opportunities in battery storage are working in its favor. In the first three months of 2019, the U.S. installed a record 2.7 gigawatts of solar photovoltaic cells, marking the most solar installations in the first quarter of a year, according to a report released Tuesday by the Solar Energy Industries Association (SEIA) and Wood Mackenzie. Rooftop residential solar made up 22% of the installations in the last quarter, and that percentage is on the rise Key drivers of growth include South Carolina's removal of its net-metering cap, which limited the amount of energy that solar system owners could exchange on the grid, and Maryland’s recent bill that requires the state to generate 50% of its electricity from renewable energy by 2030. The market for rooftop solar will continue to rely on regions where installations have been strong, such as California and the Northeast, but large solar players are turning their attention to emerging markets. Almost a third of new residential capacity during the first quarter came from markets outside the top-10 in cumulative capacity, the highest share ever, according to the report. We are a professional solar product manufacturer and solar mounting solutions supplier, including roof mounts, ground mounts, carport mount, solar farm and other solar accessories.

  • Global PV Market Demand Blooms Everywhere
    Global PV Market Demand Blooms Everywhere
    • Aug 05, 2019

    In 2018, the global installed capacity of photovoltaics is about 104GW, which is basically the same as 2017. At the same time that the scale of the Chinese market in the world's largest PV market has begun to shrink, the demand for overseas emerging markets has blossomed everywhere. In the US market, the newly installed capacity in 2012 was 11.36 GW, and the total installed capacity was 64.66.GW. The newly installed capacity and total installed capacity were the second in the world. "Overall, due to the risk of policy uncertainty, the installed capacity may have an impact, but due to the state's planned support, the cost competitiveness advantage is gradually clear, and the long-term installed capacity will continue to grow steadily," Zhang Sen said. The EU market is a traditional PV application market. According to the statistics of the European Solar Photovoltaic Association, the EU installed 8GW in 2018, a year-on-year increase of 36%. Zhang Sen believes that the new installed capacity of the EU market will show a growth trend in the next five years, and the market scale is above 10GW. According to Bloomberg statistics, in 2018, Japan added 6.7 GW of new installed capacity, with a total installed capacity of 44.5 GW. There is a market space of nearly 50 GW from the target of 2030, and the annual installed capacity is about 4 GW. Japan's Ministry of Economy, Trade and Industry (METI) will significantly reduce the subsidy for on-grid tariffs for large-scale PV projects (not connected to the grid) approved from 2012 to 2014. The subsidy will be extended to September 2019, which is expected to bring a new domestic market in 2019. Wheel grabs. India is in a period of rapid development. According to Bloomberg New Energy Finance and Statistics, in 2011, India's PV installed capacity was 11GW, up 22.2% year-on-year. It is expected to add 12GW in 2019, and the growth momentum will continue. India has replaced Japan as the world's third largest market. In the future, the installed capacity will reach 15GW in the next 2020, surpassing the US to become the world's second largest market. India approved the second phase of the 40 GW grid-connected solar project in 2022 and the 25.8 GW agricultural solar project in 2022, which is expected to provide Rs. 18 billion (US$1.656 billion) and Rs. 344 billion (US$4.44 billion) respectively. The subsidies are used to support household solar and agricultural solar projects. According to statistics, as of the end of 2018, the installed capacity of rooftop solar projects in India is 3.8GW, which is less than 10% of the installed target in 2022. The future application market is huge. Some agencies predict that India is expected to achieve the goal of cumulative installed capacity of 100GW ahead of 2020. According to the data of Jibang New Energy, the installed capacity of photovoltaics in Australia was 3.78GW in 2018, which became the fifth largest market in the world, with a year-on-year increase of 222%. Among them, t...

  • Germany added 292 MW of solar in July
    Germany added 292 MW of solar in July
    • Jul 03, 2019

    Germany's Federal Network Agency said new PV capacity reached 291.7 MW in July, a good 20 MW more than the amount connected in June. The strongest market driver remains projects – rooftop and ground-mounted – with a generation capacity of no more than 750 kW, under the feed-in tariff (FIT) scheme. Only 18.5 MW of project capacity came online during the month as a result of utility scale tenders. A further 26.2 MW came from large scale projects built outside the tender scheme. The remaining 250 MW or so came in the form of rooftop installations and other types of array. Only 945 kW came online under the tenant electricity scheme in July. In the first seven months of the year Germany added 2.38 GW of new solar with its cumulative installed capacity topping 48.31 GW. German tariffs will cease when total capacity hits 52 GW, a figure analysts expect to arrive next year. In September, feed-in tariffs and market premiums will again fall 1.4%. Depending on type and size of system, FITs are between €0.0713 and €0.1033/kWh. In the ‘direct marketing’ system category – mandatory for arrays with a generation capacity above 100 kW – the payment is €0.004/kWh. For October, a further 1.4% reduction in payments for systems with a capacity of up to 750 kW has already been fixed. FastenSol- Your Solar Partner!!

  • Hundreds of millions to be channelled into emerging solar markets
    Hundreds of millions to be channelled into emerging solar markets
    • Mar 08, 2019

    Hundreds of millions to be channeled into emerging solar markets lose to a dozen emerging solar PV markets are to reap hundreds of millions of development money, under a scheme managed by Dutch and South African organisations. The Climate Investor One programme has closed US$850 million financing for renewables in Africa, Asia and Latin America, far ahead of its initial US$530 million target. Raised over two years, the capital will foster 1.7GW of clean energy projects in at least Burundi, Cameroon, Uganda, Kenya, Malawi, Mongolia, Madagascar, Djibouti, Morocco, Nigeria and Indonesia. The programme, summary documents show, will target 25-75MW projects in PV (around 40% of portfolio), wind (40%) and run-of-river hydro (20%). Biomass, geothermal and others may also be considered. Climate Investor One will follow the blended finance approach, providing projects with early-stage loans but also equity covering up to 75% of construction costs and follow-up refinancing. The programme has already committed to various projects. Cleantech Solar, the Shell-owned Asian C&I rooftop specialist with a portfolio of 116MW, has already been granted construction capital. The scheme will be run by Coöperatief Climate Fund Managers, a joint venture between Dutch development institution FMO and South African developer Sanlam InfraWorks. The UN’s Green Climate Fund (GCF) remains a major backer to the initiative, having committed a US$100 million grant to it. According to the GCF, the initial 11 target countries were singled out over their major energy deficits and over-reliance on fossil fuels, coupled with a lack of early-stage funding for renewables. Development funding is seen as a key enabler of solar PV across emerging markets, where land acquisition, corruption and social impacts can hinder green infrastructure plays. From the GCF to IFC and the ADB, development financiers caught up with PV Tech over the spring, sharing their views on a solar industry they regard as central to the energy transition.

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