Two reports have described how the world’s largest renewable energy market is moving towards maturity. According to the Brookings Institution, the Chinese clean energy market could become more open to Western investors and tech. A report by Fitch claims projects are moving back to inland provinces from coastal regions.
The manufacturer says its Kwafoo product improves efficiency and, if used in the optimal p-type PERC type of panel, could boast a module output of 610 W.
The energy storage market is set to be the latest affected by Trump’s trade war, and lithium-ion batteries were not included in a group of Chinese imports where tariffs will be delayed until December 15.
To develop cost-competitive solar modules the nation must adopt a phased program and set up 15 GW of silicon-ingot-to-solar-module manufacturing capacity by 2024, according to The Energy and Resources Institute.
Power purchase agreements for 8.6 GW of clean energy have been signed in 2019 till July—up from 7.2 GW at the same time last year—with USA alone accounting for up to 70% of the deals. India continues to lead the Asia Pacific region despite registering a slowdown in the activity – almost almost twice as much as the volume recorded in Australia.
A report produced by an AI and automation market research company says an anticipated boom in the European storage market – driven by a desire to reduce carbon emissions – will attract producers as demand outside China tails away.
An EU funded solar-plus-storage project has been tendered in the Philippines. The United Nations is seeking bids for the system to support the seaweed industry on the island of Tawi-Tawi. Combining PV with aquaculture brings many advantages for both, including water conservation, a more controlled aquatic environment, and ecosystem restoration.
The research firm says the value of the global inverter market will continue to decline until 2024, even though shipments will likely increase. China’s recent policy changes have increased pressure on prices, which will contribute to greater consolidation in the sector.
Pestech, a Malaysia-based electrical power technology company, has entered into a partnership with Chinese inverter maker Sungrow to jointly develop new floating solar solutions.
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