As the third quarter financial reports are released one after another, the solar panel shipment data of major module manufacturers in the first three quarters are released one after another. At the same time, the combination of the company's full-year module shipment expectations has also made the final PV module shipment dragon and tiger list in 2024 gradually emerge. Before looking forward to the full-year data, you can first take a look at the shipment data for the first three quarters. Polaris surveyed the data of nearly 20 module companies, combined with financial reports and survey data, and counted the TOP15 module shipments in the first three quarters. From the results, it is basically consistent with the ranking in the first half of the year, which also reflects the market law that the strong will always be strong. Specifically, JinkoSolar firmly occupies the top position with nearly 68GW of module shipments, JA Solar has been firmly in second place since the first quarter of this year, followed by Trina Solar and Longi. These four giants also constitute the TOP4 of the photovoltaic module industry with absolute advantages, and the pattern has been stable for many years. As of the third quarter of this year, the total module shipments of the TOP4 reached 230GW+. Next, the old giant Canadian Solar adheres to the principle of "profit first". After being surpassed by Tongwei at the end of last year, it was surpassed by Chint New Energy again this year. Also chasing closely is GCL Integration, which has been shortlisted for large central enterprise procurement orders this year, and its shipment performance is expected to hit a new high. The most intense competition is still the "last train" of the TOP10. The data of the four companies, Risen Energy, Yida New Energy, Yingli Energy, and Hengdian Dongmei, are very close. The attractiveness of first-tier component brands can be seen, and the major companies that squeeze into the TOP10 can also be said to have done their best. In addition to the TOP10, the rankings of TOP11~TOP15 companies are also relatively stable. Seraphim, Suntech Power, Zhongqing Solar, Huansheng Solar, Yangguang Energy, and Daheng Energy are leading the way, but it is obvious that the gap between their shipments and the TOP10 is still large. At present, 2024 has entered the final battle. Between the choice of scale and profit, how will this year's rankings be presented? Judging from the expected data of the company, JinkoSolar is likely to hold the ring and continue to maintain its top position in global photovoltaic module shipments. In the third quarter financial report, JinkoSolar pointed out that it will strive to achieve the annual shipment target of 90~100GW. Based on the data of the first three quarters, this also means that it needs to complete at least 22.35GW of module shipments in the fourth quarter, which is far lower than the data of the fourth quarter of last year. The bottom line is not difficult, and the goa...
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The announcement was made by Azerbaijani President Ilham Aliyev at the opening of the 29th Conference of the Parties (COP29) summit in Baku, Azerbaijan. Aliyev added that the country has a potential onshore renewable energy capacity of up to 135GW. 10GW of contracts and memorandums of understanding (MoUs) for renewable energy projects have been signed to date. These include an agreement between Azerbaijan's energy ministry and UAE state-owned renewable energy developer Masdar to develop up to 10GW of the country's renewable energy capacity over the next few years. The project will be carried out in two phases, the first of which will see the construction of 4GW of solar photovoltaic and wind power projects, while the second phase will add up to 6GW of generating capacity. Part of Masdar's solar PV portfolio in Azerbaijan is being developed in partnership with the state oil company SOCAR. Last June, the company began construction of two solar PV projects with a total installed capacity of 760 MW, and last year Masdar began commercial operation of what Aliyev said was the largest utility-scale PV plant in the region. In his speech, Aliyev mentioned that in addition to securing renewable energy projects in the coming years, the country also plans to export electricity generated by renewable energy sources to Europe through the construction of the Black Sea-Caspian Energy Cable. Feasibility studies are currently underway for the project, which will allow the export of 4GW of renewable energy to Europe. During the COP29 summit, British oil giant bp signed an investment agreement with Azerbaijan's Ministry of Energy for the construction of a 240 MW solar photovoltaic power plant. The investment in the Shafag solar power plant is estimated at around $200 million. UISOLAR solar mounting is dedicated to delivering premium solar plant installation solutions that fuel the swift growth of renewable energy across the globe. As Azerbaijan charts an ambitious course in the renewable energy sector, UISOLAR's solar mounting systems stand ready to bolster this transformation. Our offerings are not just designed to cater to the needs of large-scale solar power projects but are also versatile enough to thrive in a multitude of environmental settings, guaranteeing the high efficiency and reliability of these ventures. UISOLAR solarmounting solutions, backed by superior engineering and manufacturing standards, extends robust support to solar initiatives in Azerbaijan and beyond, contributing to the pursuit of net-zero emission objectives.
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On October 23rd local time, the European Commission (EC) said that it would allocate 4.8 billion euros (about 37 billion yuan) from the Innovation Fund to fund 85 innovative net zero projects in 18 countries in accordance with the 2023 call for proposals. Net zero projects are expected to reduce emissions by about 47.6 billion tons of carbon dioxide equivalent in ten years. The selected projects are distributed in 18 countries: Belgium, Denmark, Germany, Estonia, Greece, Spain, France, Croatia, Italy, Hungary, the Netherlands, Austria, Poland, Portugal, Slovakia, Finland, Sweden and Norway, of which Estonia and Slovakia were invited for the first time. The projects cover a wide range of areas in the following categories: energy-intensive industries, renewable energy, energy storage, industrial carbon management, net zero transportation (including shipping and aviation) and buildings. Among them, the selected projects will contribute 3 GW of solar PV manufacturing capacity to the EU, including a water surface PV project in Belgium, a malt industry solar thermal power plant and storage facility in Croatia, and a 1.5 GW heterojunction PV module factory in Spain - these factories will be developed by Trina Solar's subsidiary Trina Solar (Luxembourg) Holdings. Another selected company is Italian photovoltaic company FuturaSun, and the selected project is its FENICE manufacturing project (Futurasun Advanced Italian Manufacturing Center). FuturaSun had previously announced that it plans to invest in a module factory using BC technology in Italy with the support of ISC Konstanz. It is reported that in March 2023, the company announced the construction of a 2GW module factory in Cittadella, Italy.
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Recently, the European Commission approved a 1.2 billion euro plan to support renewable energy equipment investment in Poland. The aid program will provide direct funding to Polish companies that produce batteries, solar panels, wind turbines, heat pumps, electrolyzers and carbon capture equipment, while also providing support to companies that provide components or raw materials needed for renewable equipment manufacturing. The funding under the program will be fully in place by the end of 2025. Margrethe Vestager, the executive vice president of the European Commission responsible for competition policy, said the investment is in line with the goals of the Green Deal Industrial Plan and the EU's climate neutrality goals. "At the same time, distortions of competition remain limited," Vestager added. The European Commission said the state aid program was approved under the European Commission's Temporary Crisis and Transition Framework (TCTF), which was adopted in March 2023 to provide assistance to EU member states to accelerate their green energy transformation. In line with these initiatives, companies like UISOLAR—drawing on 15 years of experience in the solar bracket industry—are well-positioned to contribute to this green energy transition. UISOLAR specializes in designing and providing accessories for a variety of solar mounting projects, including rooftop, ground, carport, and agricultural programs. If you need any assistance or further information, feel free to contact us.
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National Day, is the anniversary of the founding of the People's Republic of China, which was proclaimed by Chairman Mao Zedong at the Founding Ceremony held in Beijing's Tiananmen Square on 1 October 1949, a day that marked the birth of the new China. Since then, 1 October has been designated as National Day, one of the most important holidays in China. On this day, various celebrations are held throughout China, including but not limited to: 1. Flag Raising Ceremony: a grand flag-raising ceremony held in Beijing's Tiananmen Square, as well as flag-raising events in other city squares. 2. Military Parade: In certain years, a grand military parade is held to showcase the country's military power and latest equipment. 3. Cultural Performances: Cultural performances, including music, dance and drama, are held in squares, parks and theatres. 4. Fireworks displays: Fireworks displays held in major cities to add a festive atmosphere to the holiday. 5. Exhibitions and events: a variety of exhibitions and educational activities aimed at raising citizens' awareness of the nation and knowledge of its history. The National Day is not only a day to celebrate national achievements, but also a time for people of all nationalities to express their patriotic feelings. In addition, there is usually a seven-day long holiday during the National Day, which people take advantage of for travelling, visiting relatives or resting. Our holiday period is from October 1st to October 7th. 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.
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Under the global trend of net-zero carbon emissions, Southeast Asia due to its abundant sunshine, rapid economic growth, accompanied by industrial transformation brought about by the rise in demand for green power, photovoltaic has become the mainstay of the local development of renewable energy.Vietnam, Thailand, Malaysia, Philippines and Singapore, the five major photovoltaic demand countries, with the recent introduction of a series of favorable policies, is expected to drive Southeast Asia to become one of the key photovoltaic market. Policy Developments in Southeast Asia Vietnam On July 3, 2024, Vietnam passed a multi-year Direct Power Purchase Agreement (DPPA) that allows purchasers to purchase green power through the national or private grid, but requires a monthly consumption of at least 200,000 kWh. For PV suppliers to use the national grid, the installed capacity must be at least 10 MW, while the private grid is not subject to this restriction. On July 30, 2024, the government issued Circular No. 356/TB-VPCP, clarifying the definition of "self-generation and self-consumption rooftop photovoltaic projects" as projects in which the amount of electricity sold back to the national grid accounts for less than 10% of the total installed capacity (with a relaxation of up to 20% in the northern region), and thereafter removing the limitations on the amount of installed capacity of rooftop photovoltaic projects that are not grid-connected and streamlining the application process, and the officials will subsequently announce the details of the tariff and measures relating to the photovoltaic storage package. Officials will subsequently announce tariff rules and measures related to photovoltaic storage. Thailand Unlike Vietnam, which has formally adopted the DPPA, Thailand has chosen to start a gradual trial in June 2024, limiting large-scale users to purchase up to 2 GW of green power directly, and officials are expected to release clear guidelines and details of the country's DPPA by the end of 2024. On the other hand, Thailand will also publish a new version of the Electricity Development Plan in September 2024, with energy security, environmental protection and tariff control as the main axis of the policy, to maintain economic growth must also take into account the energy transition. In general, with the demand for green power becoming more and more urgent, Thailand's new version of the photovoltaic installed capacity target will also be further increased. Malaysia On July 26, 2024, Malaysia announced that it will implement the Corporate Renewable Energy Supply Scheme (CRESS) in September 2024, which is similar in nature to the DPPA in that it also aims to liberalize green power trading, so that power purchasers and suppliers will be able to enter into agreements directly without having to go through the National Energy Corporation. The policy is similar in nature to the DPPA, and also aims to liberalize green power trading. It is worth notin...
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Universe Solar(UISOLAR) is a high-tech enterprise specializing in the development,manufacturing and marketing of PV mounting. With our top quality and service, UISOLAR mountings are welcomed by most of the installers, distributors, and EPC ect. all over the world.
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