The listed subsidiary of PV project developer Solar Philippines plans to build an additional 3.5GW solar plant on the basis of a 500MW system under construction on the northern island of Luzon in the Philippines. Solar Philippines claims this will make it the largest PV project in the world. The cumulative capacity of the planned project is 4GW, which will surpass the current largest solar project in the world, the Bhadla solar power plant in Rajasthan, India, which has a capacity of more than 2,245MW. UISOLAR is also experienced in designing solar power plants. We have completed many projects around the world Since 2016, Solar Philippines has been able to plan a project of this scale through efforts to acquire land and permits. This batch of projects will help the company to take advantage of the basic transmission facilities built for the initial 500MW plant. The solar power station will stretch for 60 kilometers and reach Metro Manila, one of the world's largest metropolises.
Read MoreWood Mackenzie, a U.K.-based data provider,released its Global Energy Storage Outlook recently. According to the report, global cumulative energy storage deployments are expected to reach 500 GW by 2031 with the United States and China representing 75% of worldwide demand. Wood Mackenzie said it sees the U.S. becoming a 27 GW per year market by 2031, and 83 percent of that figure will be utility-scale storage. The EU energy storage sector is set to grow as a result of the European Commission's REPowerEU initiative, which drives a greater share of renewable energy supply in EU member states. Especially Germany's energy storage business is expanding and is expected to surpass the U.S. and China to become the third largest energy storage market by 2030. China released a five-year plan for energy storage this year that calls for a large-scale development supply chain by 2025, in which the country aims to reduce system costs by 30 percent through improved technology performance. UISOLAR is also committed to making a cleaner world by providing solar mounting structures all over the world. We have developed many different solar mounting solutions for specific project conditions. The general categories are solar ground mounting, solar roof mounting, solar carport mounting, etc. Customized is acceptable, even under severe conditions, and we hope to contribute to environmental protection by spreading our products around the world.
Read MoreAccording to Solarzoom, With European battery capacity expected to reach 124GWh by 2022, major Asian battery producers will expand their presence in the region and invest in many new European giga factories. The Fraunhofer ISI Institute predicts that battery production will quadruple in the next three years to more than 500GWh; by 2030, it will reach 1.5TWh. The latest figures show that Europe is likely to accommodate about a quarter of the world's battery capacity by the end of the century, with battery factories currently announced to cover at least 15 European countries. Fraunhofer ISI forecasts that by the end of the decade, new battery production plants in Germany will contribute the highest share of Europe's 400GWh battery capacity. Battery-electric drives have become a focus of the global automotive industry as they help reduce massive greenhouse gas emissions. Sustainable power storage solutions are also battery based. The growing demand for batteries requires the rapid construction of manufacturing plants that can meet the needs of different industries. Fraunhofer ISI researcher Lukas Weymann said: "The rapid development of battery production in Europe is mainly driven by European companies such as Northvolt, Volkswagen (VW) and the Automotive Cells Company (ACC). ." Northvolt is actively implementing an expansion strategy across Europe. Northvolt is targeting a maximum battery capacity of 40GWh when the company's five factories are completed. Overall, more than 40 battery makers, including non-European battery makers such as China's CATL and Tesla, have announced plans to build battery plants in Europe. These manufacturers all plan to build factories in Germany. With their Eastern European plants, South Korean battery producers LG Energy Solution and Samsung SDI will also have a very high share of European battery capacity. ACC has announced the construction of gigafactories in Germany, France and Italy. ACC will gradually build battery factories in these three countries. ACC benefits from the support provided by the European Union's Important Project of Common European Interest (IPCEI). Automakers Mercedes-Benz, Stellantis and French battery maker Saft are all shareholders in ACC, and they will also share investment in the construction of the battery plant. India has also witnessed a sharp rise in battery demand as sales of electric vehicles increase. According to a joint report by NITI Aayog and Rocky Mountain Institute, India's annual battery market could exceed $15 billion (approximately INR 1.12 trillion) by 2030, and battery demand will was pushed up to 260GWh.
Read MoreAlthough the price of photovoltaic supply chain has continued to be strong due to the high price of raw materials since 2022, the global demand for photovoltaic and other renewable energy has continued to rise under the energy supply shortage caused by the wave of energy transformation and international conflicts. According to PV InfoLink's analysis of China's customs export data, China's PV module exports in May reached 14.4GW, a year-on-year increase of 95%; the cumulative module exports from January to May reached 63.4GW, a year-on-year increase of 102%, and demand grew Pretty strong. From the perspective of geographical divisions, China's module exports from January to May in each of the major regional markets have grown quite strongly, with an increase of more than 40% compared to the same period last year. On the whole, except for the Asia-Pacific market, which has fluctuated greatly after India imposed BCD tariffs in April, the demand for Chinese modules in other regional markets is relatively stable, and the European market is growing month by month. European market As of May, seven countries have imported more than 1GW of PV modules from China. Among them, the Netherlands, the largest importer and a major European transshipment port, has even imported 16.5GW of modules, a year-on-year increase of 100%. The Netherlands is expected to this year. There will be a 4GW component requirement. This year, Germany and Spain, which are the top two in terms of module demand in the European market, imported 2.1 and 4.7GW of modules in total, and the year-on-year growth has more than doubled. Germany and Spain are expected to have a module demand of 7.0 GW this year. Other countries with estimated module demand exceeding 1GW, such as Poland, Greece, Portugal and France, have also imported more than 1GW of Chinese modules. The European market will still be the region with the highest demand for photovoltaic products outside China this year. As the renewable energy policies of European countries become clearer, for example, Germany proposed a new Renewable Energy Act (EEG) bill on 4/8, planning to achieve a cumulative photovoltaic installation of 215GW before 2030, and the annual installation volume before 2025 will gradually increase To 18GW, the annual installed capacity in the next five years will reach 22GW. The policies of the EU and other European countries are also gradually planned. Under the general trend of demand growth, the European market will still be the main export of Chinese modules in the future. With the clear growth path of European market demand, PV InfoLink has raised the module demand in the European market for the whole year of 2022, which is expected to reach more than 55GW. Under optimistic circumstances, it may even exceed the module demand of 65GW.
Read MoreA few days ago, the French Ministry of Ecological Transformation reported that about 484MW of new photovoltaic systems were connected to the grid from January to March, compared with 736MW in the same period last year. As of the end of March, the cumulative installed photovoltaic capacity in France has reached 14.6GW, of which the total in mainland France has reached 13.8GW. Since the beginning of the year, the total capacity of solar projects that have applied for grid connection and have been queued has increased by 16% to 13.4 GW, of which 2.9 GW have signed grid connection agreements. Solar capacity in the first quarter of this year was 3.2TWh compared to 2.4TWh in the same period in 2021. Solar power accounted for 2.2% of France's electricity consumption, down from 3.7% a year earlier. It is understood that New Aquitaine, Auvergne-Rhône-Alpes and Provence-Alpes-Côte d’ Azur accounted for 65% of the newly added grid-connected electricity in the first quarter. At the end of March, France accumulated 66% of the total electricity connected to the grid. UISOLAR as a professional solar mounting manufacture, Europe is always one of our main market. We have more than 11 years exporting experience on solar mounting structure, we are specialized in solar roof mounting, solar ground mounting, solar farm, solar carport etc. If any interested in our product, we’ll be glad to hearing from you.
Read MoreRecently, Mercom India Research released its latest report, India Solar Market Rankings 2022, which released the industry leaders, competitive landscape, market share and shipment rankings of the entire solar supply chain in India. India’s installed PV capacity in 2021 will reach a new high of 10 GW, a 210% increase from 3.2 GW in the same period last year. India has a strong pipeline of utility-scale PV projects, with a total installed capacity of 47.5 GW of utility-scale PV projects by the end of 2021, with another 24.5 GW of installed capacity under auction. Large-scale photovoltaic project developer The report shows that the newly installed capacity of large-scale photovoltaic projects in India is 8.3GW, accounting for 83% of the total installed capacity of new photovoltaic systems, and the development scale of the top ten utility-scale photovoltaic project developers accounts for 68% of the total installed capacity in 2021. Of these, ReNew Power is the largest utility-scale developer in 2021, with most projects coming on stream that year. Engineering, Procurement and Construction (EPC) Service Providers Indian engineering, procurement and construction (EPC) service providers have delayed the development of many photovoltaic projects until 2021 due to the spread of the epidemic, evacuation issues, and land acquisition issues. Many projects for companies providing engineering, procurement and construction (EPC) services move to 2021. Sterling & Wilson is the top EPC player for utility-scale PV projects in 2021. Rooftop PV Project Installer India installed 1.7GW of rooftop PV in 2021, a 138% increase from the previous year. In 2021, projects installed by the top ten rooftop PV system installers in India accounted for 43% of the rooftop PV market share. Tata Power Solar leads the list of rooftop PV installers, accounting for 20% of total installations. Open PV System Installer In 2021, the installed capacity of open photovoltaic systems will increase by 222% compared to the previous year, making it the second highest year on record. First Partner Energy is the largest open PV system installer in 2021. PV module supplier Compared to last year, India's PV module imports in 2021 have surged by 641%. LONGi has been the leading module supplier in the Indian market for two consecutive years, with only one Indian PV module manufacturer making the top five. Chinese PV module prices have risen for seven consecutive quarters, a trend not seen in the past decade, the report said. In the past five years, PV module prices have risen only in the two quarters before the COVID-19 outbreak. PV Inverter Supplier In 2021, string inverters will overtake central inverters in the Indian PV market. Sungrow will be the No. 1 supplier of string inverters in India in 2021, and Shangneng Electric will be No. 1 in centralized inverter suppliers. India’s Ministry of New and Renewable Energy (MNRE) recently issued a new circular extending the certification deadline for P...
Read More