NEWS
  • Photovoltaic trends and prospects in South Africa

    Photovoltaic trends and prospects in South Africa

    Jul 16, 2024

    In recent years, due to the aging and poor management of the power generation facilities of the state-owned power company ESKOM, South Africa is facing a worsening power crisis. Long-term large-scale power rationing has caused serious losses to the country's economy. Against this background, South Africa has turned its attention to renewable energy including photovoltaics. South Africa's photovoltaic policy and market overview According to ESKOM's data, by the end of 2023, South Africa's cumulative photovoltaic installed capacity will be about 7.3 GW, of which distributed projects account for about 5 GW and centralized projects account for about 2.3 GW. In order to fill the gradually widening power gap, the South African government has proposed a series of policies to promote the development of photovoltaics. First, let's look at distributed projects. From March 2023 to March 2024, the South African government implemented tax breaks for household photovoltaics. As long as photovoltaic modules above 275 W are installed, a tax rebate of up to 25% can be received, and each person can get a maximum tax rebate of 15,000 rand (about US$795). In addition, in August 2023, South Africa issued the Energy Bounce Back Scheme (EBB), where households and small and medium-sized enterprises can apply to banks for loans of up to 300,000 rand (about 15,900 US dollars) and 10 million rand (about 530,000 US dollars) respectively, for the installation of photovoltaic modules, energy storage batteries and other equipment. In terms of centralized projects, South Africa began to implement the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) in 2011, which is the main source of centralized installations in South Africa. As of 2023, six rounds of bidding have been completed. The latest seventh round of bidding was originally expected to end in April 2024. However, at the end of May 2024, the government announced that the deadline for bidding will be postponed to August. On the other hand, South Africa also provides tax breaks for large-scale renewable energy projects. For investment projects from March 2023 to March 2025, companies can apply for a tax rebate of up to 125% on capital expenditures in the first year. In general, due to large-scale power restrictions and rising electricity prices, supplemented by policy support, South Africa's photovoltaic installations are mainly distributed projects for self-generation and self-use. In 2023, South Africa will add 2.5 GW of distributed installations, compared with 1.7 GW in 2022, a year-on-year increase of 47%. In contrast, South Africa's centralized installations have stagnated. Taking the fifth round of REIPPPP tendered in 2021 as an example, many projects were originally planned to be connected to the grid in 2023, but due to lengthy financing and administrative processes, they were forced to postpone their production until after 2024. In addition, ESKOM's insufficient absorption capacity is als...

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  • Intersolar Europe 2024

    Intersolar Europe 2024

    Jun 21, 2024

    Intersolar is the world's largest solar technology trade fair and the number one meeting point for everyone in the solar industry. We-UISOLAR-Old solar racking company attend Intersolar Europe 2024 like previous years. Exhibitions and conferences are held in the most influential markets around the world and it currently has intersolar in Europe, the USA, India, South America and China. It is the most important display platform for manufacturers, suppliers, wholesalers and service providers. The Smarter E offers exhibitors and visitors a full range of energy-related topics. smart E consists of four separate shows (Intersolar Europe,ees Europe, Power2Drive Europe and EM-Power), each with a clear industry focus. At the same time, the links between products and themes that are very important in the field of energy are well represented through the interplay of the exhibition. Under the slogan "Connecting the Solar Business," it brings together individuals and companies from around the world with the aim of increasing the share of solar in our energy supply. Focus on photovoltaic, photothermal technology and solar power plants. Since its inception, it has become the most important meeting point for manufacturers, suppliers, distributors and service providers in the solar industry. The concurrent conference integrates selected exhibition topics, showcasing international markets, large power plants, financing and cutting-edge technologies.

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  • The Dragon Boat Festival

    The Dragon Boat Festival

    Jun 07, 2024

    The Dragon Boat Festival, also called the Duanwu Festival, is celebrated on the fifth day of the fifth month according to the Chinese calendar. This festival is to commemorate the death of QU Yuan, an upright and honest poet and statesman who is said to have committed suicide by drowning himself in a river. The most important activity of this festival is the Dragon Boat races. It symbolizes people' s attempts to rescue Qu Yuan. In the current period, these races also demonstrate the virtues of cooperation and teamwork. Besides, the festival has also been marked by eating zong zi (glutinous rice).  Zong zi is made of glutinous rice stuffed with different fillings and wrapped in bamboo or reed leaves. People who mourned the death of Qu threw Zong zi into the river to feed his ghost every year. With the changes of the times, the memorial turns to be a time for protection from evil and disease for the rest of year. People will hang healthy herbs on the front door to clear the bad luck of the house.  Although the significance of the festival might be different with the past, it still gives the observer an opportunity to glimpse a part of the rich Chinese cultural heritage. Our holiday period is from June.8th to June.10th. If you want to inquire about our products, you are welcome to leave us a message and we will reply to you as soon as possible. UISOLAR provides you with professional and high-quality solar racking. Solar roof mounting, ground mounting, solar carports are all we can do. OEM and ODM are also available. UISOLAR and all staff wish everyone a happy and safe Dragon Boat Festival!

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  • Chinese photovoltaic companies are not afraid of competition

    Chinese photovoltaic companies are not afraid of competition

    May 29, 2024

    Photovoltaic is an industry with a very high degree of marketization, and market-oriented means are more suitable for promoting the development of the industry. This is also one of the reasons why China's photovoltaic industry leads the world today. As an indispensable force in the global photovoltaic market, the advantages of Chinese photovoltaic companies will not disappear in an instant. Chinese photovoltaic companies look forward to fair and reasonable trade relations and continue to contribute Chinese solutions to the development of the global green industry. Recently, the dynamic changes in the market value rankings of global photovoltaic listed companies have attracted the attention of the international market. According to Bloomberg, on May 17, the market value of First Solar, a US photovoltaic module manufacturer, surpassed Sungrow Power Supply to become the world's most valuable photovoltaic company. As of May 24, First Solar's market value was approximately US$26.7 billion (approximately RMB 193.7 billion), Sungrow Power Supply ranked second with a market value of RMB 150.2 billion, and Longi Green Energy Technology ranked third with a market value of RMB 142.2 billion. This is the first time since 2018 that a US photovoltaic company has topped the global photovoltaic company market value list. For a time, there were mixed voices in the international market that "Chinese photovoltaic companies suffered a Waterloo and their competitiveness declined." However, in fact, the market value of American photovoltaic companies represented by First Solar has jumped, relying on American trade protectionism, which is to impose tariffs on China while providing subsidies to local manufacturers. Chinese photovoltaic companies are not afraid of competition. Photovoltaic is an industry with a very high degree of marketization, and market-oriented means are more suitable for promoting the development of the industry. This is also one of the reasons why China's photovoltaic industry leads the world today. As an indispensable force in the global photovoltaic market, the advantages of Chinese photovoltaic companies will not disappear in an instant. Chinese photovoltaic companies look forward to fair and reasonable trade relations and continue to contribute Chinese solutions to the development of the global green industry. And we will attend the Inter Solar Show in Munich German at 17th-19th June. Welcome to our booth for further cooperation!

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  • Malaysia Unveils SolaRIS Incentive Program to Boost Residential Solar Uptake

    Malaysia Unveils SolaRIS Incentive Program to Boost Residential Solar Uptake

    Apr 17, 2024

    The Ministry of Energy and Water Transformation (PETRA) in Malaysia has announced an incentive program called the "People's Solar Incentive Scheme (SolaRIS)" to encourage residential energy consumers to adopt solar energy. This program is open to all Malaysian citizens with a Tenaga Nasional Berhad (TNB) account, as well as citizens applying for the Net Energy Metering (NEM) program for the first time. The SolaRIS program is based on the Net Energy Metering (NEM) scheme, where the government will provide cash subsidies ranging from 1,000 Malaysian Ringgit to 4,000 Malaysian Ringgit (equivalent to 211 USD to 843 USD) per kWAC to individuals who submit applications for installing solar energy systems to the Sustainable Energy Development Authority (SEDA) after April 1, 2024. PETRA has approved a quota of 350MW for the NEMRakyat program, and the submission window for subsidy applications is open from April 1, 2024, to December 31, 2024 (or until the quota is exhausted). Solar energy systems must be installed and operational by March 31, 2025. Datuk Seri Fadillah Yusof, the Deputy Prime Minister of Malaysia and head of PETRA, stated, "Through this resolution, PETRA believes that SolaRIS will attract more domestic users to participate and enjoy the benefits of installing solar energy systems in residential areas, further promoting the desire for energy transition and our country's carbon neutrality goal by 2050." As part of the SolaRIS initiative, Malaysian citizens looking to harness solar power through the program can enhance their installations with the advanced solar mounting systems from UISOLAR. UISOLAR provides state-of-the-art mounting solutions tailored to maximize the effectiveness and longevity of solar setups, seamlessly integrating them into residential environments. By opting for UISOLAR's premium mounting systems, participants in the SolaRIS program can optimize the performance of their solar energy systems, fostering greater sustainability, cost-efficiency, and environmental impact reduction for years to come.

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  • Germany Witnesses a 25% Decrease in New Solar PV Installations in February

    Germany Witnesses a 25% Decrease in New Solar PV Installations in February

    Apr 09, 2024

              Germany, a global leader in renewable energy, saw a notable shift in its solar photovoltaic (PV) landscape in February 2024. According to data released by the Federal Network Agency (Bundesnetzagentur), the country added 1.07GW of solar PV capacity during the month. While maintaining its operation at the gigawatt scale, this figure represents a significant decrease of nearly 25% compared to the previous month.          The cumulative installed PV capacity in Germany reached an impressive 84.88GW by the end of February, underscoring the nation's steadfast commitment to sustainable energy solutions. However, the decline in new installations raises questions about the factors influencing this trend. Among the newly added PV capacity, rooftop solar projects supported by EEG funding accounted for a substantial portion, totaling 447.1MW. This indicates ongoing support for decentralized solar generation, a key component of Germany's energy transition strategy. Conversely, unsubsidized ground-mounted projects witnessed a remarkable surge, reaching 383.1MW in February. This growth suggests increased competitiveness and attractiveness of solar investments in the commercial and utility-scale sectors.          In this context, companies like UISOLAR have played a significant role in facilitating solar PV installations across various terrains. As a manufacturer of solar PV mounting systems for ground, roof, tin roof, pitched tile roof, and carports for over 15 years, UISOLAR has been at the forefront of providing innovative solutions to meet the diverse needs of solar projects in Germany and beyond. UISOLAR's commitment to quality, reliability, and customer satisfaction has contributed to the success of numerous solar installations, supporting Germany's transition towards renewable energy sources.          Furthermore, the Federal Network Agency's announcement of auction results for rooftop solar and sound barrier solar installations sheds light on the evolving dynamics of the solar market. The success of these auctions, particularly in securing projects totaling 264MW, underscores continued interest and investment in solar energy deployment across various sectors.        The fluctuation in PV installations reflects the complex interplay of policy frameworks, market dynamics, and technological advancements in Germany's renewable energy sector. While the 25% decrease in February may raise concerns, it also presents an opportunity for stakeholders to assess and address challenges hindering solar deployment.         Looking ahead, Germany remains poised to maintain its leadership position in the global energy transition. Continued support for solar innovation, regulatory stability, and strategic investments, coupled with the expertise of companies like UISOLAR, will be crucial in overcoming barriers and accele...

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