The world’s largest solar event has expanded to accommodate the remarkable growth of China’s PV industry, which remains unfazed by future oversupply and international competition. Analysts and market players say Chinese PV demand could reach 130 GW.
The electric vehicle and storage manufacturer shared insight into its Megapack energy storage business and the Megapack XL, the stationary battery storage product that Tesla says has the highest energy density on the market.
The past 12 months have been a turbulent time for PV manufacturing. Rapid and impressive developments in technology have been accompanied by price increases up and down the supply chain, and energy shortages weighed on production in the second half of the year. Chinese n-type module manufacturer Jolywood is now pressing ahead with ambitious expansion plans despite the disruption. pv magazine publisher Eckhart K. Gouras and editor Mark Hutchins recently caught up with Cathy Huang, European sales director at Jolywood, to discuss the company’s plans to bring n-type TOPCon technology into mainstream production.
China is once again the focus of attention across the global solar PV industry. The country’s manufacturers have had a turbulent 2021, but domestic demand remains strong, particularly from the booming residential rooftop segment. Despite the supply challenges, China will likely reach 50 GW this year and possibly even 100 GW next year. Given the dynamic market and policy landscape, pv magazine publisher Eckhart K. Gouras recently caught up with long-time China solar expert Frank Haugwitz, the founder of the Asia Europe Clean Energy (Solar) Advisory (AECEA).
On Friday, three Chinese government ministries issued a joint “2018 Solar PV Power Generation Notice.” Its impact has been hotly debated since, with two key conclusions: the largest market segment – utility-scale PV – will take a pounding and not come close to last year’s record installation figure of just under 34 GW; and the expanding distributed generation market segment, which rose 360% from 2016 to 2017, will also be severely impacted by a 10 GW cap on new projects.
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