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300 MW of new solar for China’s 800 kV UHV transmission project
mono PERC half-cut panels for an ultra-high voltage demonstration plant in China’s Qinghai province, without naming the client or disclosing the
Nov 29, 2019 // Manufacturing News, Markets & Finance News, Grids, China, JinkoSolar, Asia, mono perc, Kangping Chen
IRICO to construct PV glass factory in China
China-based IRICO Group New Energy Co Ltd (HKG:0438) on Monday introduced plans to construct an ultra-thin and high-transmissivity photovoltaic (PV) glass factory in Shangrao, eastern China.
Jan 13, 2021 // Manufacturing News, China, Asia, IRICO, pv glass factory
Risen rolls out HJT production line in China
Chinese solar supplier Risen Energy has started production at its 120μm heterojunction (HJT) solar cell production line in Changzhou City, China.
May 16, 2022 // Manufacturing News, China, Asia, heterojunction, Risen Energy, Risen, module manufacturing, HJT, module production, n-type, g12
"Miracle" Solar Panels Launching in China
$100 million investment to commercialise tandem perovskite solar cells.
Will China's 'Miracle' Solar Panels Work?
Perovskite solar cells are 50% cheaper and
Jun 20, 2023 // Manufacturing News, China, Asia, solar panel, perovskite
China Solar Firms React to US Trade Barriers
Chinese solar firms face uncertainty as US trade barriers force production halts in Southeast Asia, impacting exports and sparking industry adjustments.
Jun 5, 2024 // Markets & Finance News, USA, China, Asia, North America, PV Power Plant
The top ten winners in China’s 23GW tender
2
Sungrow
1,576
3
China General Nuclear Power Group
760
4
Jul 18, 2019 // Large-Scale, Markets & Finance News, NEA, Chinese National Energy Administration, FiT, New Deal, Sungrow, China General Nuclear Power Group, China Datang, Tongwei, Guangzhou Development Group, Jinko Solar, China HuaNeng Group, China Energy Conservation and Environmental Protection Group, Singyes Solar, Carrie Xiao
Shunfeng messages $265.2 m loss in 2019
bookkeeping procedure to the continuous Covid-19 pandemic.
Its PV projects in China represented RMB1.37 billion of its overall full-year profits, up 4.6% year on
Apr 3, 2020 // Markets & Finance News, China, Asia, Shunfeng
As Chinese Majors Slash Wafer Prices Dramatically, Expect Moderation In Panel Prices Ultimately
China is the world's biggest producer of solar panels and also any price fluctuations in the country have effects for the remainder of the world with respect to supply chain and supply and need characteristics. According to a report by the International Energy Agency, China dominates the photovoltaic or pv industry with 80% share. This domination is specifically severe at the early stages of the solar supply chain, specifically, Polysilicon, Ingots and also Wafers.
Stepping into 2023, leading Chinese manufacturers have actually lastly reduced wafer prices, and linked to that solar panel prices, which is sure to trigger a surge popular worldwide, especially in crisis-hit Europe. Polysilicon, which is a major basic material in solar business, has actually witnessed a decrease in price as a result of supply exceeding need as fresh capabilities lastly can be found in. Leading Chinese producers, like Longi, TCL Zhonghuan and Tongwei Solar have actually cut prices, bring about slides as much as 27 percent, the China Silicon Industry Association revealed.
A slew of producers in China were entrusted to no choice yet to slash prices as need was hit following the rise in COVID, which, in turn, had a bearing on solar energy installment. By the end of 2022, supply was in excess of need. With the fresh prices cuts, new demand is expected to be created in Europe together with various other substantial markets like Southeast Asia, Center East and Africa, specialists say. They are likewise of the view that the residential industry of China may witness price conflicts between producers of solar wafers, provided the inequality in supply as well as demand.
Yet will these bring about renewed passion in markets like India also? It's too early to tell, specifically as India has actually put up considerable toll walls throughout FY22 on solar imports in any case, and also the more recent prices remain too high for the convenience of several Indian developers sitting on winning bids from 2019-21.
Jan 2, 2023 // Manufacturing News, Markets & Finance News, China, Asia, solar panel, LONGi, Tongwei Solar, large-scale ground-mounted projects, TCL Zhonghuan
Chinese solar exports soar
China's solar exports grew 64% to $52bn in 2022 in spite of worldwide trade tensions, according to most current analysis from Wood Mackenzie.
China's exports were generally dominated by modules in 2022-- Europe remained the nation's leading solar module export market with 56% share, according to Wood Mackenzie findings.
Yet solar cells saw greater than 100% growth as the worldwide PV market increased, with south-east Asia taking 31% share of China's solar cell exports.
US tariffs on Chinese-made modules have actually driven module manufacturing to south-east Asia, where numerous making facilities import cells from China.
" Trade tensions have actually taken a rear seats to high power rates driven by the power situation, and this is creating customers and designers from all over the world to buy even more solar panels from China," claimed Alex Whitworth, research study director from Wood Mackenzie.
Chinese modules maintained their cost-competitiveness versus other markets in 2022 and depended on 57% less costly than US and also EU produced modules.
This cost void was mostly driven by material expense, where China holds the advantage as a result of low power expenses, scale advantages as well as government support, whereas US and EU solar module production is not affordable without aids.
In addition to residential supply demands, Chinese export capacity for upstream wafers and also cells is anticipated to grow to more than 230GW in 2026, greater than sufficient to meet international market need outside China of 170GW by that year.
Available module capacity for export in China is additionally expected to grow progressively to 149GW by 2026, leaving some room for various other markets to broaden module production.
A lot more makers are buying upstream sectors which are extra profitable than modules.
Whitworth said: "The United States is relying on the IRA, which will allot at least $41bn to promote domestic manufacturing.
" But prices still favour imported modules, as well as also as more regional module production comes online in coming years, there will certainly be consistent dependence on imports of parts from Asia."
May 23, 2023 // Markets & Finance News, USA, Wood Mackenzie, China, Asia, North America
The World Is Spending the Least on Clean Energy in Six Years
Investments slowed in all three major markets -- the U.S., Europe and China -- but China’s decline was especially pronounced as the country
Jul 10, 2019 // Solar, clean energy, Lithium-ion batteries, storage, Canada, Hydrostor, Energy, North America
Coronavirus can set you back Chinese battery manufacturers 26 GWh of outcome
to consist of the spread of the coronavirus in afflicted districts.
With China Global Television Network today reporting the casualty had actually risen to
Feb 12, 2020 // Manufacturing News, Markets & Finance News, Storage, USA, LG CHEM, TESLA, South Korea, China, United Kingdom, Australia, Europe, Asia, woodmac, Oceania, North America
Ganfeng Lithium influenced by coronavirus however share cost goes on climbing
has actually made a statement concerning just how the coronavirus break out in China has actually influenced its procedures.
The Hong Kong-listed business the
Feb 13, 2020 // Markets & Finance News, Storage, China, Asia, Ganfeng Lithium
Verification Yingli parent firm investors will certainly be erased
of the month after a request from its main Chinese procedure, Yingli Energy (China) Co Ltd
The statement said Yingli China had put on the Grand Court of
Sep 24, 2020 // Markets & Finance News, USA, China, Asia, North America, yingli green energy
The Chinese solar market is changing shape
China saw its PV market abruptly enter a new phase in May 2018 when the government decided to reduce the amount of incentives granted to solar projects – and subsequently announced its intent to move towards an auction scheme to allocate payments as a bridge to grid parity.
The resulting regulatory changes put the Chinese solar manufacturing industry under pressure and pushed developers to further reduce costs but those were not the only effects of the structural change, according to two recent reports.
Grow Green China Inc. How China’s epic push for cleaner energy creates economic opportunity for the West was published by the Brookings Institution, a U.S.-based non-profit thinktank, and stated the Chinese clean energy market is becoming more open.
More transparency
Author Jeffrey Ball said the renewable energy sector, since its inception in the first decade of this century, has always been global and particularly ill-suited to protectionist policies. He said China’s slowly opening markets represent a huge opportunity for western investors, industries and technologies, and new players may now gain access without having to set up joint ventures with local partners and invest directly in clean energy assets. The author added, however, the transition may be anything but smooth. “It will be hard and rough,” he said.
The paper acknowledged China is leading the race to a green global economy and enjoys a distinct ‘home-track’ advantage, due to the strong support the authorities are providing to solar and other renewables. The burgeoning China-U.S. trade war, however, could prompt a downward spiral for the industry, according to Ball.
The duties introduced by the Trump administration on top of earlier protectionist measures from the Obama regime were defined as environmentally dangerous, geopolitically moot and economically counterproductive. What the measures do not take into account, Ball said, is that China has launched a huge transformation of its green industry to make it more efficient.
The controversial Belt and Road initiative was cited, together with more general efforts to make the Chinese economy more competitive, as pivotal stages in China’s world-leading green growth.
The West is falling behind
“Evidence also suggests that the focus on China as the global green bogeyman is distracting the United States and other countries from the hard domestic policy choices that might boost their own long-term competitiveness in the global green race,” the report noted.
Western countries, said Ball, should take advantage of their long-standing leadership in technological innovation to enjoy the benefits of a more mature Chinese renewables market. Chinese government officials and business executives, said the author, still see Western companies and technologies as key for Chinese clean energy. Big opportunities, said Ball, will come not only from solar and wind but also from the EV sector, natural gas and all of the technologies being developed to reduce air pollution.
The study’s author said some western players will lose out from the rising importance of the Chinese renewables industry, especially manufacturers of commodified clean energy equipment such as solar panels, but said job losses in the module industry could be replaced by installer opportunities. In Ball’s view, western companies should focus on R&D and the production of cutting-edge – rather than commodified – clean energy goods.
“Those outside China have more to gain by helping China improve its clean energy game than they do by thwarting it,” Ball concluded. “Despite their trade-war chest-thumping, despite their framing of the push for cleaner energy as a nationalistic zero-sum game, Beijing, Brussels and Washington – or more specifically, Chinese and Western capitalists – need each other so each can do what they most want in the global clean energy race: maximize the money they make.”
Big PV moves north
A separate study published by Fitch Solutions Macro Research claims most of the PV capacity to be deployed in China in the next decade will be in inland provinces such as Xinjiang, Gansu, Qinghai and Inner Mongolia. As a result, states the study, the coastal regions currently home to a large chunk of China’s PV capacity will see their share of the market decrease.
Availability of land will be as important a factor in the change as the better solar resources available inland, claims the report.
Grid bottlenecks have thus far prevented inland provinces from taking the lead in China as the government has limited installation in provinces with grid issues. That situation means the coastal provinces of Shandong, Zheijan, Hebei, Jiangsu and Anhui are the top locations for installed solar capacity, with each hosting 7.7-9 GW of generation facilities.
“We expect this growth surge in coastal provinces to be replaced with a greater emphasis on inland provinces again as solar subsidies are phased out,” the report predicted. Large scale projects in particular are expected to play a role in the geographical shift, as the north of China may offer lower project costs.
Despite their structural advantages, the provinces of Gansu and Xinjiang were not admitted to China’s first auction for large scale PV projects due to congestion in their grid networks.
However curtailment rates are improving, Fitch analysts stated, and inland provinces may see a resurgence in solar development. The paper’s authors added, it was the inland regions which were leaders in the earliest stages of the country’s solar expansion.
Aug 22, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, China, Trump, Asia, North America, Jeffrey Ball, China-U.S. trade war
DG Rooftop Solar PV Market Analysis, Top Manufacturers, Share, Growth, Statistics, Opportunities and Forecast To 2026
running at both local and also worldwide levels:
Jinko Solar (China).
Trina Solar (China).
Canadian Solar (Canada).
JA Solar
Jun 15, 2020 // Market Research, USA, Japan, Canada, Sharp, Jinko Solar, Canadian Solar, Germany, China, First Solar, JA Solar, Europe, Asia, longi solar, Trina Solar, Solarworld, yingli, North America, GCL, Risen, Hanwha, covid-19, Eging PV, Kyocera Solar