Also Wafer Prices Going Downhill
Soon After SNEC, LONGi Slashes Solar Wafer Prices By Up To 32% – And This Is Not The End
After 2 years of high prices in the solar PV value chain, mostly for polysilicon, things are getting better as more capacity comes online bringing down its prices for the key raw material of solar wafers.
Solar Projects Pipeline Swelling
World Expands Solar Projects Pipeline By Around 200 In Last 6 Months; Asia Alone Accounts For 200 GW+, Says BMI
A Fitch Solutions company, BMI, says the global solar PV project pipeline has expanded by 197 facilities over the last 6 months, led by the North America and Western Europe (NAWE).
Growth For Floating Solar With Growing PV Demand
Wood Mackenzie Pegs Global Cumulative FPV Market To Exceed 6 GW Threshold By 2031
Come 2031 and the global floating solar market is expected to pass the 6 GW threshold as demand for solar energy grows amid increasing concerns of land availability and rising costs for ground mounted PV projects, says Wood Mackenzie.
China Exported $52 Billion Solar In 2022
Wood Mackenzie Blames High Power Prices For 64% Annual Jump In Chinese Solar Exports
In the midst of growing calls for solar supply chain diversification globally, China continued to experience significant demand for its solar products having exported $52 billion worth of products in 2022 reflecting a 64% annual jump, according to an analysis from Wood Mackenzie.
Chinese Grip On Global Polysilicon Supply Firm
Tongwei Stays On Top Of Bernreuter Research’s Top 10 Polysilicon Producers List With 345,000 MT Capacity
Chinese polysilicon suppliers Tongwei, GCL Technology and Daqo New Energy continued to stay on the top 3 positions of Bernreuter Research’s world’s top 10 polysilicon producers list, while their compatriot Xinte Energy pushed Germany’s Wacker Chemie to the 5th position.
NREL Bats For ‘Unprecedented’ Ramp Up Of Solar
World Needs 63.4 TW Installed Nameplate PV Capacity Between 2050 & 2060 For 100% Decarbonization
An analysis by the National Renewable Energy Laboratory (NREL) claims the world can achieve a completely decarbonized electricity system if there is an ‘unprecedented’ ramp-up of solar PV production capacity, reaching 63.4 TW installed nameplate capacity between 2050 and 2060.
Silicon Prices Drop Down To CNY 180/kg
TrendForce: Improvement In Production Capacity Push Down Silicon Prices And This Trend Will Continue
As silicon producers ship out more of their inventory to make way for more to come up thanks to their expanding production capacity, wafer manufacturers are struggling to absorb this excess inventory, and this is bringing down prices across the value.
Kazakhstan’s RE Target Achievement Dicey
Kazakhstan With Its Soviet-Era Power Generation Technology Likley To Miss 2030 RE Target: GlobalData
Kazakhstan with its ‘Soviet-era technology in the generation and transmission sectors’ and whose generation capacity runs on ‘parallel operation with the Russian power system’ is likely to achieve only 10.3% renewable energy share in its tota.
Coming Up Next: Solar Module Price Decline
Clean Energy Associates Forecasts Steep Module Price Drop In China In 2023, Only To Slow Down From 2024
Solar PV module prices in China are likely to drop by around 15% annually between Q4/2022 and Q4/2023 as new polysilicon capacity starts to come online, breaking the supply chain bottleneck, according to Clean Energy Associates (CEA) that also sees t.
India Could Compete With Chinese PV In Next 3 Years
Nameplate Solar Panel Manufacturing Capacity In India To Grow To 110 GW By FY 2026: JMK & IEEFA
India will achieve self-sufficiency for its solar PV module demand by FY 2026 as its nameplate module manufacturing capacity grows to 110 GW, up from 38 GW in March 2023, which is when it can focus on catering to overseas markets as a ‘viable alter.
Research Recommends End-Of-Life Legislation For PV Panels
Australian Researchers Recommend Strong Policy Mandate For Solar Panel Recycling & Propose Product Stewardship Scheme Supported By Financial Incentives
With about 80 million solar panels installed in the country expected to enter landfills 20 years down the line, Australia should consider bringing in an end-of-life (EOL) legislation for PV panels and support an emerging solar recycling industry with.
Solar & Wind Contribute 92% of India’s New Power Capacities In 2022
Led By Rajasthan & Gujarat, India’s 13.9 GW Solar Installations In 2022 Exceeded Total Solar Fleet Of Several Nations; Only 1 GW New Coal Capacity Added: Ember
The 13.9 GW of new solar PV capacity that India installed within the single year of 2022 was way ahead of cumulative solar deployments of several countries like the UK (13.7 GW), Turkey (7.8 GW) and Chile (4.5 GW), according to market intelligence firm Ember.
Upstream Solar PV Prices Starting To Go Down
TrendForce Sees Prices For Upstream Materials Are On Downward Spiral; Says Watch Out For Government Policies & Price Fluctuations, Especially In China
Taiwan based market intelligence firm TrendForce believes polysilicon prices are expected to drop down in March 2023 by around 3.2% month-on-month (MoM) leading to decline in prices for wafers, cells and modules, but warns Chinese PV industry could e.
Rooftop Solar Can Improve Building Energy Efficiency In EU
McKinsey Recommends Broad Range Of Changes To EU’s Built Environment To Meet Decarbonization Targets, Including Encouraging Rooftop Solar
Faster rollout of rooftop solar installations, encouraging heat-pump adoption, and ramping up home and commercial building insulation are the 3 levers that can accelerate energy efficiency of European Union’s (EU) buildings which is critical to the.
Polysilicon Imports To China Down In 2022
As China Expands Domestic Polysilicon Capacity, Bernreuter Research Sees Global Imports Into China Dropping Further While Demand For Non-Chinese Supply From US Picks Up Steam
Polysilicon imports into China declined 23% annually to 88,093 metric tons (MT) in 2022 as the country ramped up new production capacities on its home turf, according to Bernreuter Research that forecasts further decline in imports into China which m.
TrendForce Pegs Over 50% Annual Growth In PV In 2023
Global Solar PV Installations Likely To Add Up To 351 GW In 2023, But Economic Slowdown & Inflation May Play Spoilsport
With China expected to install 148.9 GW of new solar PV capacity, global deployments for this power generation source are likely to grow up to 315 GW in 2023 with growing demand, however economic slowdown and high inflation may negatively affect the market, says TrendForce.
China Exported 154.8 GW Solar Modules In 2022
InfoLink Consulting: China Increased Annual Solar Module Exports In 2022 By 74% With Europe Buying 56% Of 154.8 GW Shipped From Chinese Shores
China exported 154.8 GW of solar modules to the world in 2022 reporting an annual increase of 74% from 88.8 GW in 2021, with Europe emerging the largest importer of these taking 86.6 GW of the lot, according to Taiwan based market intelligence firm InfoLink Consulting.
European Wind & Solar Generation In 2022 Beat Fossil Fuels
Ember Says Solar ‘Shielded’ Europe From Energy Crisis With ‘Largest Ever Absolute Increase’ In Electricity Generation In 2022
The year 2022 was a significant year for Europe when wind and solar power generated more than a 5th of European Union’s (EU) electricity with 22% share, overtaking 20% generated by expensive fossil gas and 16% coal power for the 1st time ever, but .
Global Shipments Of 210mm Modules In 9M/2022 Reached 50 GW
TrendForce Counts 76 GW+ 210mm Solar Modules Shipped Globally Till September 2022; Forecasts 210mm Module Capacity To Reach 57% By 2023
Taiwan based market intelligence firm TrendForce says 600W+ high power modules have become a global standard now with 50 GW of 210mm modules shipped in 9M/2022 taking their cumulative shipment till the end of September 2022 to exceed 76 GW.
BTI: India Installed 3.3 GW New Solar Capacity In Q3/2022
Q3/2022 Indian Solar Installations Drop 13% QoQ As Developers Push Projects To 2023 Hoping For Module Prices To Come Down
A lack of clarity about concessional Basic Customs Duty (BCD) for projects auctioned before 2021 and developers shelving their projects to 2023 anticipating drop in module prices led to a 13% sequential decline in Indian solar installations in Q3/2022, according to Bridge to India (BTI).
