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  • 655GW! Expected new global photovoltaic installations in 2024

    655GW! Expected new global photovoltaic installations in 2024

    Mar 21, 2024

    According to the Global Photovoltaic Market Outlook for the First Quarter of 2024 released by Bloomberg New Energy Finance (BNEF), the global photovoltaic installed capacity will increase from approximately 444GWdc in 2023 to 655GWdc this year. The report presents multiple prediction scenarios for global photovoltaic installed capacity, with conservative and optimistic predictions of 520 GWdc and 655 GWdc, respectively. In the moderate scenario prediction of global photovoltaic installed capacity, the global installed capacity will reach 574GWdc. Leading countries in global photovoltaic installation China will continue to dominate the installed capacity in 2024 (313.7GWdc), accounting for 54.7% of the world's newly added photovoltaic installed capacity this year. Following closely behind are the United States (40.6 GWdc), India (18.1 GWdc), Brazil (17 GWdc), and Germany (16.5 GWdc). Three European countries will increase their photovoltaic installed capacity this year, including Spain (7.54 GWdc), the Netherlands (5.52 GWdc), and Italy (5.25 GWdc). Other countries in the top ten in terms of photovoltaic installed capacity include Japan (5.47 GWdc) and South Africa (4.29 GWdc). The study also examined the cumulative photovoltaic installed capacity of European countries until 2030. Germany leads the European continent with a capacity of 215GW, while Italy and Spain rank second (79.6GW) and third (79.3GW) respectively. By 2030, France (47.6GW), Poland (46.3GW), and the Netherlands (45.7GW) will also become countries with larger photovoltaic installed capacity. The global solar photovoltaic industry achieved remarkable growth in 2023, with installed capacity increasing from 252GWdc in 2022 to 252GWdc in 2023, a year-on-year increase of 76.2%. Last year, China added 268GWdc (216.9ac) of installed capacity, accounting for 60.4% of the global installed capacity. Last year, the United States added 35.2 GWdc, followed by Brazil (16.9 GWdc), Germany (14.1 GWdc), and India (13.6 GWdc). Polycrystalline silicon prices down 74% The study also examined the price of polysilicon, with the average price dropping by 74% in 2023 and dropping to $8.1 per kilogram in the last week of 2023. In China, multiple suppliers have closed down or announced their exit from the polycrystalline silicon production industry, including China Silicon, which has an effective production capacity of approximately 3000 tons. Other companies that are about to cease production or have already ceased production include China Southern Glass Holdings (with an annual production of 9000 tons), REC Solar North (with an annual production of 5000 tons), etc. According to the current production plans of active enterprises, Bloomberg NEF predicts that approximately 2.4375 million tons of polycrystalline silicon will be produced in 2024, with the five major enterprises accounting for 66% of the production. The price of polycrystalline silicon for Chinese manufacturers this year is $6-7 per kilogram, ...

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  • Romania's Skurtu Photovoltaic Project Successfully Signed

    Romania's Skurtu Photovoltaic Project Successfully Signed

    Mar 01, 2024

    Recently, the Power Plant Group successfully signed a 56-MW EPC photovoltaic project contract in Skurtu, Romania, and obtained the first general contracting order in the overseas market in the New Year. The project is located in the village of Skurtu, 59 kilometers away from Treolman County, Romania. The total installed capacity is about 56MWp. The owner is Eco New Energy Co., Ltd. After the project is completed, it will provide green power to approximately 48,000 households and reduce carbon dioxide emissions by 4,150 tons per year. This signing marks that the execution of previous Palau photovoltaic projects has been highly recognized by the owners, and the cooperation with the owners has entered a new stage. The project department stated that it will continue to sound the clarion call for a new year and a new journey. Relying on the effective execution of photovoltaic projects in the Romanian market, it will continue to delve into new industries and new markets, expand cooperation resources, and drive business cooperation in multiple fields such as light, storage, hydrogen, and wind. We UISOLAR as one of the largest manufacture of solar mounting brackets, are glad to receive inquiries from any countries’ client, one-stop service, supply solar ground mounting, roof mounting, solar carport, solar accessories etc. Feel free to contact us for any information.

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  • PV EXPO 2024 in Tokyo , Japan.

    PV EXPO 2024 in Tokyo , Japan.

    Feb 23, 2024

    Dear Friends! We are very pleased to invite you to participate in PV EXPO held by in Tokyo, Japan, which Held drung Feb. 28~ 1,Mar. 2024 PV EXPO is the biggest solar exhibition in Japan, even the biggest and most professional Solar exbition in East Asia. It is a great opportunity to keep you up to date with the latest solar technology and innovative designs for Japan Market. We will show you our  advanced solar mounting system and help you to get a better known to UISOLAR and UISOLAR product.                                                    At the same time, we will also show our battery to you. For more details, welcome to visit our Booth E36-2 Free to offer u all information about solar mounting or Battery you need.

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  • The International Energy Agency predicts that global renewable energy will usher in a period of rapid growth in the next five years.

    The International Energy Agency predicts that global renewable energy will usher in a period of rapid growth in the next five years.

    Jan 30, 2024

    Recently, the "Renewable Energy 2023" annual market report released by the International Energy Agency shows that the global new installed capacity of renewable energy in 2023 will increase by 50% compared with 2022, and the installed capacity will grow faster than at any time in the past 30 years. . The report predicts that global renewable energy installed capacity will usher in a period of rapid growth in the next five years, but key issues such as financing in emerging and developing economies still need to be solved. Renewable energy will become the most important source of electricity by early 2025 The report is the first comprehensive assessment of global renewable energy development trends by the International Energy Agency since the conclusion of the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28). The report shows that the world's newly installed renewable energy capacity will reach 510 GW in 2023. The International Energy Agency predicts that under existing policies and market conditions, global renewable energy installed capacity is expected to reach 7,300 GW between 2023 and 2028. By early 2025, renewable energy will become the world's leading source of electricity. The report predicts that wind and solar power will account for 95% of new renewable energy power generation in the next five years. By 2024, total wind and solar power generation will surpass hydropower; wind and solar power will surpass nuclear power in 2025 and 2026 respectively. The share of wind and solar power generation will double by 2028, reaching a combined 25%. Global biofuels have also ushered in a golden development period. In 2023, biofuels will be gradually promoted in the aviation field and begin to replace more highly polluting fuels. Taking Brazil as an example, biofuel production capacity growth in 2023 will be 30% faster than the average over the past five years. The International Energy Agency believes that governments around the world are paying more and more attention to providing affordable, safe and low-emission energy supply, and stronger policy guarantees are the main driving force for the renewable energy industry to achieve milestone development. Achieving growth targets still requires more policy and financing support “Although the world is moving towards the goal set by COP28 to triple global installed renewable energy capacity by 2030, under current policy and market conditions, renewable energy growth is not fast enough to achieve this goal. ” said Fatih Birol, Director of the International Energy Agency. The International Energy Agency report believes that the global development of renewable energy is unbalanced, especially the slow development of hydrogen energy and bioenergy. Taking hydrogen energy as an example, although many green hydrogen energy projects have been launched in the past 10 years, due to factors such as slow investment progress and high production costs, it is expected ...

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  • Merry Christmas & Happy New Year !

    Merry Christmas & Happy New Year !

    Dec 25, 2023

    UISOLAR wishes everyone a Merry Christmas and bright happy New Year! May the holidays be full of joy, peace and happiness for all in the upcoming year. So much to be thankful for after a banner year in UISOLAR’s history. We’re grateful for the opportunity to get our UISOLAR family together to celebrate. Here’s to an incredible 2023 for solar technology and accelerating progress and continued collaboration in 2024! As we close out the year, we’d like to express our deepest gratitude to our global team for their hard work . To our esteemed customers and suppliers, thank you for our collaboration. This year was big for our industry so let’s take stock. Happy holidays to you and yours, and to an even brighter 2024!

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  • Winter Solstice

    Winter Solstice

    Dec 22, 2023

    Today is Chinese tradional festival “winter solstice”-Small new year, an important day in China. What is special on the day ?  The answer is that the daytime lasts the shortest while the night lasts the longest of the year. It means the new round of the solar term, the winter Solstice is the earliest. At this day, People treat it a grand day, they celebrate it. In the north, most prople eat dumplings, while in the south, people have rice dumping and boiled dumpling.  Thought people celebrate in a different way, they share the same happiness, family get together and have a big dinner. Winter Solstice gives family a chance to get reunion, the young people go home to have a chat with parents and promote their munication.

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