• In the first half of the year, pv prices in Europe and America soared 19.1% and 8.1%
    22

    Jul

    In the first half of the year, pv prices in Europe and America soared 19.1% and 8.1%
    According to a report published by the International Renewable Energy Agency (IRENA), 163 GW of new renewable power will be installed in 2021, which is cheaper to generate than coal-fired power. That includes a 13% drop in solar costs over the past year, despite a rise in module prices.  Compared with 2020, the cost of onshore wind has fallen by 15 percent, offshore wind by 13 percent, and solar by 13 percent, according to the International Renewable Energy Agency's cost of Renewable Power Generation to 2021. Among them, the war between Russia and Ukraine caused the price of coal and natural gas to rise, and also made the cost of thermal power generation rise further. Despite a good year for solar power in 2021, the situation has reversed this year. In the first half of the year, with the energy crisis caused by the conflict between Russia and Ukraine and the aggravation of global inflation, energy prices have become a trend. In the field of solar energy, upstream polysilicon soared to a 10-year high, triggering the price rise of the whole industry chain, and also promoting the price rise of downstream solar energy. The rise has been particularly pronounced in Europe and the US, where the conflict between Russia and Ukraine has hit hardest. According to a recent LevelTen Energy report, Europe's power purchase agreement price (PPA) rose 47% year on year as the continent's Energy crisis continued and inflation soared. The P25 index of solar quotes rose 19.1% to 59.43 euro /MWh in q2, almost 10 euro higher than q1 2022.   Solar energy prices in Europe have risen, more because of the energy crisis caused by the outbreak of conflict between Russia and Ukraine. In June this year, spot prices on the European Power Exchange once exceeded 400 euros/MWH, close to a record high, equivalent to 3-5 yuan/KWH. On the other hand, the rising price of solar modules has also driven up the cost of solar power generation in Europe, which is also one of the main factors in the price rise of solar energy.  The rise in solar prices in The United States, though less dramatic than in Europe, is no less severe and more a result of policy factors. In the second quarter of this year, a decade-long decline in the cost of renewable energy in the United States even reversed as a result of draconian policies. According to LevelTen Energy's quarterly index that tracks renewable Energy deals, first-half US solar power purchase agreements (PPA) prices are 25.7% higher than last year. PPA prices for solar and wind are up 29.7% combined. PPA for P25 solar and wind energy reached $41.92 /MWh, up 5.3% from the previous quarter and more than 30% year-on-year.  The rise in solar prices in the US is influenced by the soaring value of the photovoltaic industry chain on the one hand, but more importantly by policy factors. In the first half of this year, the US Department of Commerce launched an investigation into solar products in Southeast Asia, which directly led to t...
    Jul 22,2022. View More
  • The European Commission plans to increase its renewable energy target to 45% by 2030
    29

    Apr

    The European Commission plans to increase its renewable energy target to 45% by 2030
    The Russia-Ukraine conflict and the vagaries of climate change will push the European Commission to accelerate its renewable energy targets. The European Commission is analyzing whether it can meet its higher goal of getting 45 percent of its energy from renewable sources by 2030. The European Commission has previously set a target of generating 40 percent of the EU's electricity from renewable sources by 2030. Sunpanelution is a professional PV manufacturer in China, products including solar ground systems, solar roof systems (tin roof systems, tile roof systems), solar  carport systems and FRP walkway maintain. The European commission wants eu countries to quadruple the installed capacity of wind installations and photovoltaic systems by 2030 to reduce dependence on gas supplied from Russia -- which would mean 480GW of wind installations and 420GW of photovoltaic systems. The European Commission is considering publishing a plan in May to completely move away from Fossil fuels supplied by Russia by 2027, Mechthild Woersdoerfer, deputy director-general of the European Commission's energy department, said. Currently, 22 percent of the EU's energy comes from renewable sources, and Russia remains the bloc's largest supplier of natural gas. European Commission President Ursula von der Leyen in March urged Europe to rapidly scale up its deployment of renewable energy to achieve energy security and wean Russia off its dependence on gas. Frans Timmermans, the EU's climate policy chief, said recently that the EU was setting more ambitious targets for a faster transition to renewable energy. This is consistent with a complete halt to gas imports from Russia by 2027. The EU announced a 1 trillion euro green deal in January that aims to make it the world's first carbon-neutral bloc.
    Apr 29,2022. View More
  • Laos Owns High Solar Energy Potentials
    25

    Nov

    Laos Owns High Solar Energy Potentials
    The latest report of the World Bank shows that Laos ranks third in Asia in the proportion of renewable energy resources (hydropower, solar energy, wind energy, etc.), after Nepal and Bhutan. According to the solar radiation data of Ministry of Energy, Lao PDR has relatively high solar energy potentials which can be utilized for various solar energy applications. The following map can be used as a tool for site selection of solar energy technologies: From above information, we can conclude that Laos owns rich solar energy resource. The Minister of Energy and Minerals of Laos, Dr. Kammani Intila recently stated that Laos is developing the Solar Energy Project in Basikkon County. Once the project is completed, the installed capacity will reach 760 MW. (Datas from Polaris Solar Photovoltaic Network News)
    Nov 25,2020. View More
  • The photovoltaic industry enters the campus
    30

    Jul

    The photovoltaic industry enters the campus
    It's another season of graduation. Recently, the college entrance examination scores have been announced one after another in various places. When filling applications for college entrance examinations, for the majority of candidates, the university’s educational resources, professional settings and campus environment are all important factors considered. As a clean energy, photovoltaic power plants enter the campus, which not only facilitates the daily life of teachers and students, but also serves as a good demonstration and education.   The construction of photovoltaic power plants in universities has these advantages:   1) The school has a relatively broad roof, good structure and stable electricity consumption 2) Compared with the surrounding area, the school is located in less obstructions, has more solar energy resources, and has stable sunshine 3) The school has sufficient scientific research equipment and funds, and there is enough space to build the energy storage battery room and control room 4) Photovoltaics entering university campuses can also enable students to have a more intuitive understanding of new energy, which will help inject fresh blood into the future development of the industry.   Zhejiang University   In the East Teaching Building of the Zijingang Campus of Zhejiang University, a 500-meter-long photovoltaic corridor shaped like a wave has become one of the most representative photovoltaic buildings in my country. In order to install a photovoltaic power generation system on the top of this uniquely shaped corridor, the photovoltaic corridor uses flexible frameless solar panels. Such thin-film photovoltaic materials are very soft and can be bent and laid on the top of the corridor to be integrated with the surrounding environment. It does not contain fragile glass and has higher safety performance.   Shanghai University of Electric Power   The integrated smart micro-grid system for wind and solar storage in the Lingang New Campus of Shanghai University of Electric Power is composed of 2 megawatt pv mounting system and a 300kW solar roof mount system distributed on 23 building roofs. The system was officially launched in September 2018 and was listed as a "New Energy Microgrid Demonstration Project" by the National Development and Reform Commission and the National Energy Administration. It is the only university campus demonstration project in China.
    Jul 30,2020. View More
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