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  • Global wind and solar power generation accounted for 10% of total power generation in the first half of 2020
    Global wind and solar power generation accounted for 10% of total power generation in the first half of 2020
    • Sep 07, 2020

    In the first half of 2020, affected by the COVID-19 epidemic, although global electricity demand fell by 3%, wind and solar power generation still increased by 14% year-on-year. Among the 48 countries and regions in the report, wind and solar power generation increased from 992 TWh in 2019 to 1,129 TWh in the first half of 2020. Compared with the first half of 2019, global coal power generation in the first half of 2020 fell by 8.3%. This is the biggest drop since 1990, following a 3% year-on-year decline in 2019. A major factor driving the decline in coal power generation is the decline in electricity demand caused by the global epidemic, but the increase in wind andsolar power generation and higher market shares are also the main reasons for the decline in coal power. Although the electricity demand caused by the COVID-19 epidemic has not yet affected wind and solar power generation. However, the global epidemic has affected the installation speed of new wind and solar power generation devices in 2020; the International Energy Agency (IEA) predicts that by 2020, the newly installed capacity of renewable energy power generation will drop by 13%, falling to the level since 2015 The lowest level. Dave Jones, senior power analyst at Ember, said: “Countries around the world are striving to build more wind spots and photovoltaic panels to replace coal power. If the global temperature rise is to be limited to 1.5 degrees Celsius, coal power generation will have to be generated every year for the next ten years. A reduction of 13%. However, despite the impact of the new crown epidemic that has curbed electricity demand as a whole, coal power generation only dropped by 8% in the first half of this year. This fact shows that we are still deviating from the energy transition track. We have a transition solution. The plan, it’s working, but it’s not progressing fast enough." 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.

  • As countries reopen, solar market recovery begins
    As countries reopen, solar market recovery begins
    • Aug 12, 2020

    As the Covid-19 pandemic gradually eases, countries around the world have slowly begun to relax lockdown measures. Some countries have also launched varying types of economic stimulus to support the solar sector. In contrast to others, the Chinese market is stable, as the country has had some success in controlling the virus.   With demand turning out better than anticipated in the second quarter and the spread of Covid-19 slowing in some overseas markets, PV InfoLink has raised its forecast for annual global module demand to 121.1 GW.   Countries across the globe have launched solar stimulus packages in the wake of Covid-19, as part of wider moves to restart their economies. Shipments to the traditional leading European markets such as Spain and Germany have remained stable, sitting at 410 MW and 383 MW, respectively. Other marketplaces including the United States, the Middle East, and Australia, are also showing signs of recovery. They are likely to return to normality in the second half.   The situation in Latin America is quite the opposite. The region’s politics and economy took a heavy blow amid virus outbreak and oil price crash. Demand weakened in April, with total module shipment volumes from China to Brazil, Mexico, and Chile having dropped nearly 75% compared to March. India’s further extension of lockdown has also hindered its demand recovery. Compared to March, China’s exports of modules to the country slumped by 65% in April. The situations in these marketplaces, however, did not change the fact that overall demand in Q2 fared better than initially expected.   It is expected that markets will be totally reopened in July. As overseas markets start picking up during the second to early third quarter, demand will turn better at the end of September and reach the peak of the year in the final quarter.   With the pandemic being gradually contained in many countries, global demand is likely to grow each quarter in the second half. However, as demand from quite a few projects have been deferred by the pandemic to the first half of 2021, the recovery will remain slow at the beginning of the third quarter and begin to climb, with demand reaching the highest level of the year in the fourth quarter of the year. The impacts of Covid-19 on the global solar sector may yet continue into 2021. Despite being hammered by the virus crisis, the world’s progress toward a low-carbon and sustainable future remains unchanged. Solar power, which has seen significant reductions in upfront cost and LCOE in recent years, will continue to lead the way in the long term.   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.

  • Global oil companies race to get involved in renewable energy
    Global oil companies race to get involved in renewable energy
    • Aug 05, 2020

    A few days ago, an industry research organization IHS Markit released a new survey study that shows that in the past 10 years, the number of renewable energy projects invested and constructed in the oil and gas industry has been increasing every year. In 2000, the oil and gas industry invested in less than 15 renewable energy projects throughout the year. This year, the number of renewable energy projects in the oil and gas industry is expected to exceed 45, an increase of 200%. IHS Markit believes that at this stage, under the background of increasing pressure on climate and environmental protection, global oil and gas companies are facing the test of transformation. “In order to reduce carbon emissions, oil and gas companies have begun to get involved in the renewable energy business. Among them, many companies choose to install photovoltaic power generation facilities on the roofs of their factories and use zero-carbon green electricity, thereby greatly reducing the carbon emissions generated by factory operations.” The survey shows that photovoltaic power generation, hydropower and wind power projects are the renewable energy projects with the largest number of investment and construction in the oil and gas industry. In 2018 and 2019 alone, the oil and gas industry invested in 13 and 15 renewable energy projects respectively. It is estimated that after these 28 projects are successfully completed and put into operation, they will contribute to the reduction of about 3 million tons of carbon dioxide emissions each year. In February of this year, the International Energy Agency (IEA) pointed out in its "Oil and Gas Industry in Energy Transition" report that although traditional energy businesses such as oil and gas can bring substantial returns to oil and gas companies in the short term, if the reduction is ignored Discharge may threaten the social acceptability and long-term profitability of these oil and gas giants. IEA believes that the participation of the oil and gas industry in investing in renewable energy projects is crucial. On the one hand, the oil and gas industry is still the cornerstone of today's energy system. In the next 20 years, oil and gas will remain one of the world's main energy sources, and this part of the demand needs to be guaranteed. On the other hand, the oil and gas industry emits relatively large amounts of greenhouse gases, and reducing their emissions is a key step to obtain environmental benefits. Therefore, in the face of emission reduction requirements, oil and gas companies should further "out of the comfort zone" and actively expand their renewable energy business. IEA predicts that in the future, the oil and gas industry will further expand its investment in the renewable energy market. So far, oil and gas companies have invested less than 1% of total capital expenditures outside of their core businesses. In order to promote continuous progress in the global response to climate change, investment in low-car...

  • Fasten Solar cares your health also
    Fasten Solar cares your health also
    • Jul 31, 2020

    Be one of the employees in Fastensol, we all finished the annual physical examination one by one throughout the whole July under the arrangement of logistic department. As we all know that,Fastensol not only cares for our working performance, but also our health, thus the routine physical examination always on the year schedule. The project includes some regular items and special items, like something related with cancer. Throughout the such activity, every one of us can well understand our health conditions so as to find out the potential illness. On the other hand, all of us will raise the awareness and keep healthy life habits.

  • What You Need to Know Before Installing Solar Panel on Your Roofs
    What You Need to Know Before Installing Solar Panel on Your Roofs
    • Jun 18, 2020

    Putting solar panels on your roof costs as much as a car, but the cohort of experienced buyers is far, far smaller. Besides that, “This is a big one. This is one where you can’t say, ‘well, if I make a mistake, the next time I’ll know better,’” says Jane Weissman, the president and CEO of the nonprofit Interstate Renewable Energy Council, which just released a consumer checklist and other resources for rooftop solar to consider before making the jump to solar energy. 1. Do you have a roof that can support solar panels? This is pretty key. If your roof is covered in shade most of the day throughout the year, or your roof won’t cut it, or you can’t make the call because you rent your apartment or live in a multi-unit building, looking into shared or community solar would be better choice. This approach lets many different customers buy a stake in a solar installation and receive credits on their electricity bills. If you do have a suitably sunlit rooftop to work with, Weissman says, make sure it’s in good shape structurally, thus you don’t have to pay extra time and money for renovation mounting system during the 20 or 25 years of solar installation warranties. Lastly, envision the future of your yard away from obstructions. Be prepared to prune your foliage to keep the panels clear. 2. Have you done everything you can to improve efficiency? The amount of solar energy you need to produce depends on how much you use, so it makes sense to trim your usage as much as possible before paying for all those panels and Fastensol mounted. Start with an energy audit and look for efficiency upgrades before you draw up blueprints. 3. Which kind of solar makes sense? If your home uses a lot of energy for heating, or you live somewhere where heating fuel is expensive relative to electricity, a solar thermal investment could break even sooner, says the engineer Timothy Wilhelm. But, he adds, solar thermal is rarer for homes, so it might be harder to find a qualified installer. 4. How do you connect to the grid? The details vary depending on where you live, but the principle is that any time you’re connecting with a utility, there are a lot of logistics to sort out. Do you have to pay a fee? How long does it take for the utility to get you hooked up? Once you are connected, how and when will you be credited for the electricity you generate? That refers to net-metering, the practice by which utilities reimburse rooftop solar at the same rate as they charge users for electricity. 5. Is your installer trustworthy? This applies any time you hire someone to come into your home, but solar combines the logistics of a home improvement project with the risks of electrical work. Credentials and references are especially important. “You wouldn’t hire an electrician who had never done electrical work to come into your house and change things around,” says Kelly Larson, an electrical contractor in California with 20 years of experience doing solar installations. And this is a b...

  • DG Ground-mounted Solar PV Market Analysis with Industry Research Report 2020 to 2028
    DG Ground-mounted Solar PV Market Analysis with Industry Research Report 2020 to 2028
    • Jun 10, 2020

    On the back of growing population and economic development around the world combined with rising energy demand among residential, commercial and public services, and transport sector, the global DG Ground-mounted Solar PV market is estimated to witness exuberant growth over the forecast period, i.e., 2020-2028. According to IEA (International Energy Agency), the worldwide energy demand grew by 4% (900TWh) in 2018. In the same year, the estimation of total electricity production across the globe was attained through coal and natural gas, with coal contributing to 25.6% and natural gas with 27.9% of the total production. Additionally, there is a rising demand for clean, sustainable and eco-friendly energy generation due to increased concerns pertaining to rise in CO2 emissions from energy generation. With the rapid growth of industrial and residential sector and increase in demand for heating and cooling from among the global population due to climate change, heavy demand for electricity has arisen from across almost every region in the world which is estimated to increase the demand for energy and contribute to the growth of the market over the forecast period (2019-2028). International Energy Agency (IEA) had stated in its report that the average growth rate of energy consumed globally grew by 2.3% in 2018 and had almost doubled since 2010. It also states that the worldwide energy demand grew by 4% (900 TWh) in 2018. Industrial segment consumed highest amount of energy of about 8945 TWh in 2017 as compared to 8699 TWh in 2016. Additionally, residential sector consumed about 5775 TWh in 2017 as compared to 5680 TWh of energy in the year 2016. Moreover, CO2 emissions arising from production of energy had registered an increase of 1.7% with emission levels of CO2 reaching 33 Gigatonnes. Some of the global players in this DG Ground-mounted Solar PV Market are: Jinko Solar SunPower JA Solar Trina Solar Yingli Canadian Solar Several sectors have witnessed high levels of energy consumption globally, with the industrial segment consuming the highest of about 8945 TWh in the year 2017 as compared to 8699 TWh of energy consumed in 2016.). Moreover, International Energy Agency (IEA) had also mentioned in its report that in 2018, the average growth rate of energy consumption had almost doubled since 2010 and grew by 2.3% in 2018. Additionally, CO2 emission levels arising from production of energy had recorded an increase of 1.7% reaching about 33 Gigatonnes. Many governments across the world have introduced stringent policies and regulations for reducing carbon emissions that is destroying the environment. 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.

  • In the future, the cost of photovoltaic power generation will drop to about one cent
    In the future, the cost of photovoltaic power generation will drop to about one cent
    • Jun 05, 2020

    In the global energy structure, the penetration rate of solar power generation is relatively low, which prompted an American technical expert to predict that the photovoltaic learning curve will lead to the price of photovoltaic power generation reaching 1-2 US dollars in relatively sunny areas by 2030-2035. Minute. Clean energy investor and technology expert Ramez Naam (Ramez Naam) inferred that the utility-scale solar projects built since 2010 will generate electricity prices will continue for 10 years, and plans to start using before the end of the year. The current price trend of solar panels follows Lai's law, that is, each time manufacturing output doubles, production costs will fall by a fixed 25%. Nahm studied the average cost of global photovoltaic power generation (in addition to the cost of modules), and separately investigated the average cost of India, China and the United States. These costs (except for the cost of modules) accounted for 2/ 2 of the average cost of solar power plants. According to Lai's law, every time the photovoltaic power generation capacity doubles, the price of solar power will drop by 30-40%. The technical expert said: “The price of solar energy is falling faster than anyone including me predicts. The data predicted by modeling shows that the price of photovoltaic power generation will continue to fall faster than expected, and the final price will be Lower than almost everyone’s expectations. By any standard, these prices are crazy enough to change the world’s cheapness.” This price drop will make solar energy cross the tipping point of the energy transition, and the construction cost of new solar projects will be low. The operating cost (marginal cost) of existing fossil fuel power generation facilities, even in the era of extremely low natural gas prices. As of the end of 2019, solar energy accounted for only 2% of the global energy structure. Nam said he expects the learning curve, or experience curve, to develop at the same rate due to the application of Lay's law, and the world will increase at least twice The photovoltaic power generation capacity reaches 2.4 terawatts, which is 8% of the world's electricity demand today. Nahm believes that by that stage, the cost of solar power will be halved from the current level. Namm’s research pointed out: “In sunny areas with low capital, labor and land costs, we can often see unsubsidized photovoltaic electricity prices between 0.01-0.02 USD/kWh.” In California, we may look at To $0.025 per kilowatt-hour of unsubsidized solar energy. In Northern Europe, we can see that utility-scale solar energy is usually priced at $0.04-0.05/kWh. At present, the cost of photovoltaics has been 30-40 years ahead of the International Energy Agency's (IEA) forecast in its 2014 solar technology roadmap, and 7-10 years ahead of the 2015 forecast by Biham in 2015. Only data from Lawrence Berkeley Laboratories and the United States were used. The IEA claimed that it announced possible...

  • Who will reject a barbecue?——Fasten Solar team building activity in 2020
    Who will reject a barbecue?——Fasten Solar team building activity in 2020
    • May 26, 2020

    Congratulations to us-after being stay indoors and wearing masks for months, we are free to go outdoors with no masks. After voting by the whole staff, we decided to have a barbecue in a farmhouse with flowers, lakes, and peacocks. Cannot believe this is our first time to prepare and bake the food, with no experience, we still made it and had a funny day, not bad. Join us and enjoy the and sunshine! Xiamen Fasten Solar Technology Co.,Ltd. is a professional solar mounting systems solutions supplier in China,including roof mounts,ground mounts,carport mounts and other solar accessories.

  • Fasten Solar New Year Travel
    Fasten Solar New Year Travel
    • Jan 06, 2020

    On 31st December 2019, Fasten solar overseas department got together to begin their travelling. Travelling is Fasten solar year by year traditional, during which each of us not only enjoy the holidays but also experienced lots of new things with group member. This time, we flied to Sichuan Province also in China, and the whole trip last for 6 days. We have learned Zang minority of China style life by eating their hot pot; we viewed the local beautiful scenery and magic Jiuzhaigou after earthquake; we also made close contact with our lovely national treasure—panda. With this travel to open the New Year, Fasten solar wishes all of group members relax themselves in life and devoted to work in new year. Fasten solar all members wish you happy New Year.

  •  To Be Your Santa - Fasten Solar Christmas Party
    To Be Your Santa - Fasten Solar Christmas Party
    • Dec 25, 2019

    “Jingle bells! Jingle bells!Jingle all the way!” Accompanied by this familiar Christmas song, Fasten solar overseas departments get together with joy to celebrate the Christmas. We spent a nice day. At the beginning, our colleague already decorated the room with balloons and delicious food. The cakes in green Christmas and red Santa really made us impressed. During which, we thanks the support from all clients during past year, and made a wish for the New Year. Everyone got the packed apple stands for peace and safety in China after the party, that is the special Chinese Christmas. On behalf of Fasten solar, here I may the Christmas brings joy and peace to every one of you, and wish you all the best in the next year! Merry Christmas! Fastensol- Your Solar Partner!!!

  • The Holiday Time of  Xiamen Fasten Solar
    The Holiday Time of Xiamen Fasten Solar
    • Dec 24, 2019

    With the advent of Christmas, 2019 is coming to an end, and the new year 2020 is coming soon. Xiamen Fasten Solar sincerely thanks our customers for their strong support and cooperation in the past year. In the new year, Fastensol will work harder to provide you with high-quality products and the best service! According to the provisions of the Chinese New Year holiday and the specific conditions of Xiamen Fasten Solar, the New Year and the Spring Festival schedule as follows: Staff Welfare: Xiamen Fasten Solar will arrange a company group tourism during the New Year, starting from December 31, 2019, to January 5, 2020. Normal work starts on January 6. Spring Festival Holiday time: 14 days during the Spring Festival, from January 18, 2020, to January 31, 2020, and work normally on February 1. Finally, Xiamen Fasten Solar wishes all lovely friends: Merry Christmas and a Wonderful New Year 2020! Fastensol- Your Solar Partner!!!!

  • 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.

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