From a little known niche just a few years ago, floating solar has quickly grown to more than 1 GW of installed capacity worldwide, and a source of great hope for the industry’s future, particularly in countries where space for solar is at a premium. pv magazine spoke with experts from leading floating PV test centers in Singapore and the Netherlands to outline the challenges still faced by floating PV as the technology moves towards major growth.
Around 34.5 GW of PV was installed in China in the first three quarters – 1.5 GW more than expected by IHS analysts, who have raised their full-year guidance.
Companies keen to offset their carbon emissions will be able to purchase renewable energy certificates at Singapore’s first blockchain-powered marketplace, launched by electricity provider SP Group.
Coal miner Glencore is failing investors in its latest forecasts.
German inverter supplier SMA has picked up two landmark projects in the APAC region. The 50 MW Minbu Solar Park in Myanmar, the largest solar array in the country, will deploy SMA’s Sunny Central platform, while string inverters from SMA’s Chinese subsidiary Zeversolar have been installed at a 20 MW floating project in Jiangsu.
Last December, the company’s CEO made a proposed transaction offer to acquire Canadian Solar. Mulling the offer, a special committee has now advised the company’s board to cease its review of the proposal, highlighting that it could not find sufficient certainty in the CEO’s ability to secure the funding for the transaction. Following the news today the CEO has withdrawn his offer.
In a joint effort with Kia Motors, Hyundai Motors is developing solar roofs and bodies for its EVs, hybrids and ICE vehicles to provide additional charging capacity. Depending on solar irradiation levels, the technology could provide 30-60% battery charge per day, the manufacturer says.
Chinese module manufacturer Trina Solar has launched its “all-in-one“ kit in Australia targeting the rooftop solar segment. Its expectations of the Aussie market are high, as the company continues to pursue overseas expansion to ride out the China government policy shake-up.
Despite political hurdles in key markets including China, India and Japan, Asia-Pacific remains highly active. This year, 59 GW of solar is expected to be installed and due to further system price declines, a phase-out of subsidy schemes can be offset.
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