Search



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
World's largest photovoltaic power stations
in Remarks Developer Talatan Solar Park China map 15,600 10,000 420 begin in 2020, with commercial
Oct 14, 2024
India Boosts Solar Cell Output to Reduce Chinese Imports
is aiming to reduce its reliance on imported materials from China for solar panel manufacturing by increasing its domestic solar cell-making capacity. The
Jun 25, 2024 // Technology, India, Asia, solar cell
JA Solar In Trouble, As Creator Jin Baofang Apprehended By Chinese Authorities
such apprehensions in China are normally on corruption charges, with the state under no obligation to share details till it chooses. The company site states
Nov 17, 2020 // Manufacturing News, China, JA Solar, Asia, Jin Baofang, chairman arrested
Trina Solar module shipments hit new record high in initial fifty percent 2020
to maintain production at its production operations throughout its centers in China, Malaysia, Thailand as well as Vietnam. Shipments in the very first half of
Aug 28, 2020 // Manufacturing News, Markets & Finance News, pv modules, c-si manufacturing, solar cell, Trina Solar
Chinese PV Industry Brief: Lower wafer costs, module purchase, and also a brand-new assembly line
Changzhou Sveck Photovoltaic New Materials Co. (Sveck) system. Sveck-- among China's biggest vendors of EVA movies for PV components-- is currently anticipated
May 26, 2020 // Manufacturing News, Markets & Finance News, Inverters, China, Asia, Risen Energy, LONGi, GCL New Energy, China Solar, China Guangdong Nuclear Power Corp., Jincheng Machinery, Power Construction Corp. of China
WoodMac sees international floating solar market going beyond 6 GW by 2031
500 MW of cumulative floating photovoltaic (FPV) installations by 2031, led by China, India as well as Indonesia. In China, collective floating solar
May 29, 2023 // Floating PV, Market Research, woodmac
Sungrow to build Bangladesh-based 35MW solar project
in the tender with such EPC contractors as Mahindra Susten, ERS, Energy China and Power Construction Corporation of China. The venture is backed by
Dec 16, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, Sungrow, Bangladesh, Asia
State-owned Panda Green set to bank more public funds
to raise from the sale of 636 MW of renewable project generation capacity in China will come from Beijing. The Xinhua Electric Development and
Oct 15, 2019 // Markets & Finance News, China, Asia, Panda Green, Xinhua Electric Development and Investment Co Ltd
Chinese Consortium to Spend and Financing 1.1 GW Solar Farm in Brazil
consortium of China Development Integration Limited (CDIL) and China Machinery Engineering Corporation (CMEC) has revealed that they have entered into a
Apr 29, 2021 // Markets & Finance News, China, CMEC, South america, Brazil, Asia, International, solar projects, CDIL
Total expands solar business in Asia
and Chinese energy software company Envision Group has started operations in China. The JV will offer industrial and commercial clients a “unique combination” of
Sep 16, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, France, China, Total Eren, teess, Julien Pouget, Envision Group, Eno AIoT, EDEN Renewables
Pacific Hydro Launches 293-MWp Solar Farm in Chile
per year, enough to power around 310,000 homes. Pacific Hydro is owned by China’s State Power Investment Corporation (SPIC) through China Power
Jul 25, 2023 // Plants, Chile, South america, solar farm, Pacific Hydro
PRC to install 35-38GW of PV capacity in 2020
was expected earlier, China would install from 20 up to 40 gigawatts of PV capacity over 2020. AECEA is estimating this value as being closer to the upper limit.
Jan 22, 2020 // Large-Scale, Market Research, China, AECEA, Asia, Chinese NEA