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As much as 209GW of solar PV to be installed in 2021, BloombergNEF forecasts
projection of 209GW, citing solid implementation forecasts in India and China specifically. Also the reduced end of advice would make up a 13% jump on
Feb 24, 2021 // Markets & Finance News, Market Research, India, China, polysilicon, Asia, BloombergNEF, install forecast
India relies on renewables to change retiring coal nuclear power plant
estimated to import 80% of the components used in solar developments from China, its government is currently intending to stimulate residential solar tools
Oct 7, 2020 // Markets & Finance News, India, Asia, fitch solutions, energy transition, R.K. Singh, coal decommissioning
GCL-SI bags A bankability score at PV ModuleTech 2019
China-headquartered GCL-SI was among the module makers recognised at this year’s PV ModuleTech, arranged in Malaysia by PV Tech’s publisher Solar Media. The ‘Solar Module Super League’ (SMSL) member was one of four firms scooping up an ‘A’ rating under a new ranking for module manufacturers, unveiled during the two-day trade show in Penang’s G-Hotel Gurney this week. PV Tech’s market research team awarded the score to GCL-SI – as well as several of its peers in its module making segment – after five years’ worth of painstaking data collection and module market research. GCL-SI’s 'A' rating was meant to reflect its performance on the manufacturing front – shipment volumes and other parameters – but also the state of its finances, to help guide solar developers, EPCs and investors assessing the firm or other potential candidates as module suppliers. For GCL-SI, the distinction comes as it presses ahead with efforts to ramp up business overseas. In late April, the firm revealed its module shipments beyond China reached the 2.3GW threshold in 2018, a 52.9% hike on 2017 records. The manufacturer is working to keep up the momentum this year. By the end of 2019, according to the plans laid out in April, overseas shipments should account for 80% of the total. Target regions include Western Europe, Japan and South Korea. The firm’s CEO, Eric Luo, caught up with PV Tech at this year’s Intersolar Europe edition. Speaking at the Munich event, he predicted China would witness 25GW worth of solar installations in the second half of the year, triggering a jump in module prices. “In the second half [of the year] the module price will go up 10-15% easily. China will install 25GW in the second half of the year,” Luo told this publication. “EPCs need to be securing supply now and making sure delivery will be on time. I'd repeat what I said at Davos: the party is over for cheap modules. That price rise will begin in H2. Around 5GW was installed in the first quarter and I'd expect perhaps 5GW in Q2 and now 25GW in the rest of the year,” GCL-SI’s CEO added. The firm’s latest financial reports show full-year revenues were down 22% between 2017 (RMB 14.44 billion) and 2018 (RMB 11.1 billion). Net profits, meanwhile, soared by 89.16% year-on-year, reaching RMB34.9 million (US$5.2 million).
Oct 25, 2019 // Manufacturing News, Malaysia, China, Asia, Eric Luo, ModuleTech, GCL-SI
Supply Squeeze Dangers Are Pushing Lithium Higher and Higher
roiled by everything from plant upkeep and Winter season Olympics curbs in China, to pandemic-related labor shortages in Australia. That's readied to ratchet
Jan 12, 2022 // Markets & Finance News, China, Asia, lithium, Alice Yu, Jessie Cai
Singyes Solar changes company name
Solar, China’s BIPV maker and photovoltaic project developer, changes the name, trying to close the unfavorable 2-year period.  During the boom
Dec 10, 2019 // Policy, bipv, Singyes Solar, China, Asia, Building-integrated photovoltaics
String Of Awards Recognise Solis at SNEC 2021 in China
Global string inverter significant Solis received numerous awards at the International Photovoltaic Power Generation as well as Smart Energy Conference & Exhibition held at the 15th SNEC (2021 ), which wrapped up on June 5 in Shanghai, China.
Jun 16, 2021 // Inverters, China, Asia, Solis, SNEC 2021, photovoltaics
Trina-equipped 100-MW solar park gets energised in China
Chinese photovoltaics (PV) maker Trina Solar Co Ltd introduced on Thursday that a 100-MW agricultural solar park in China has been hooked to the grid.
Aug 14, 2021 // Plants, Trina Solar, PV Power Plant
ACC to build 20-MW rooftop solar system in China
Clean energy options provider Asia Clean Capital Investment Holdings Ltd (ACC) today announced that it tattooed a manage China's Xianju Lanwan Medical Industry Town Development Co Ltd to mount 20 MW of solar power creating capacity.
Jan 26, 2022 // Rooftop PV, China, ACC, Asia
China Activates Giant Solar Energy Plant Established In The Desert
energy might power 1.5 million households annually, a significant step towards China's initiatives to decrease its reliance on coal as well as other fossil
May 2, 2023 // Plants, Large-Scale, Commercial, China, Asia, PV Power Plant
JinkoSolar Subsidiary to Construct 56 GW Manufacturing Facility in China
The integrated project will certainly make monocrystalline silicon pull rod, silicon wafer, high-efficiency solar cells and modules. Jiangxi Jinko has actually authorized an investment framework agreement with the Management Committee of Transformation Comprehensive Reform Demonstration Zone of Shanxi Province.
May 26, 2023 // Manufacturing News, Markets & Finance News, Jinko Solar, China, Asia
China Gezhouba Group intends 2 GW of renewables in Azerbaijan
energy preacher Parviz Shahbazov and Lin Shanqing, Deputy Administrator of China's National Energy Administration. The objective of the meeting was to go over
Jun 5, 2023 // Plants, China, Europe, Asia, Azerbaijan, Gezhouba Group
China-Al Mada Strike $2B EV Battery Deal in Morocco
CNGR Advanced Material and Al Mada have announced plans to set up a $2 billion industrial hub in Morocco for EV battery production with an annual capacity of 1 million vehicles. Strategic initiatives by Huayou & Gotion High-Tech result in a combined $26.3 billion investment in Morocco's automotive sector.
Sep 22, 2023 // Manufacturing News, Markets & Finance News, Storage, Africa, Morocco, CNGR Advanced Material, Al Mada
China's Floating PV Power Station: Fishery-Photovoltaic Complementary.
China's largest floating photovoltaic (PV) power station, Anhui Fuyang Southern Wind-solar-storage Base floating PV power station, achieved full capacity grid connection on Wednesday. Located in Fuyang City of east China's Anhui Province, the new PV power station has 1.2 million PV modules and an overall installed gross capacity of 650,000 KW. It is estimated to generate 700 million kWh of power a year, offsetting 220,000 tonnes of standard coal and carbon dioxide by about 580,000 tonnes. In addition, the project includes a 550 MW wind power project and a 300 MW/600 MWh storage power project.The project also has a ‘Fishery-photovoltaic complementary’ model, which uses the idle water surface in mining subsidence areas to reduce evaporation, suppress the growth of microorganisms and optimize the ecological environment, while the PV components are laid out to absorb solar energy and generate electricity. Hu Lechao, project manager of the Eastern Construction Management Department of the Three Gorges Energy Department, said that the floating PV power station utilizes idle water to save land resources and increases power generation efficiency. How Does China's Largest Floating PV Power Station Utilize Idle Water? The project utilizes idle water in mining subsidence areas to reduce evaporation and suppress the growth of microorganisms. It also optimizes the ecological environment while the PV components are laid out to absorb solar energy and generate electricity. The floating PV power station reduces the need for land resources and increases power generation efficiency. Hu Lechao, project manager of the Eastern Construction Management Department, said that the floating PV power station can save land resources and increases power generation efficiency.
Dec 29, 2023 // Plants, Large-Scale, Commercial, Floating PV, China, Asia, PV Power Plant
Empowering Communities: China's SUMEC Builds Solar in Guyana
SUMEC Co Ltd partners with Guyana to bring solar power to vulnerable communities, empowering women and youth through apprenticeship programs.
Mar 29, 2024 // Plants, Large-Scale, Commercial, China, Asia, PV Power Plant
Sinopec Launches China's First Offshore Floating Solar Project
has launched China's first commercial floating offshore photovoltaic (PV) project in a full seawater environment, a 7.5-MW facility developed in partnership
Jul 7, 2025 // Plants, Floating PV, China, Asia, PV Power Plant, Sinopec