Market intelligence company Navigant Research has developed a country forecast of the global market. Incentives and pricing will be the main driver of installations, though the market will continue to be concentrated in certain key regions, including India, for now.
The recycling market will experience a tenfold expansion between last year and 2030, driven by EV battery usage and portable electronics. Retrieving valuable metals and minerals is becoming a high priority and several dozen companies are already in position for the first big wave of end-of-life batteries.
This year will see strong growth for the global PV market, to 114 GW, and that pattern will continue in the years ahead, according to analyst Wood Mackenzie. A report has highlighted soaring inverter replacement costs for PV project owners as a side-effect of the solar success story.
The Chinese thin-film manufacturer and compatriot carmaker Joylong Automobile applied thin film cells to the roof of a small commercial vehicle which was tested for a month. Hanergy says its K-Car could offer an effective daily range of 50-100km without charging.
Integrated power infrastructure offers an emerging investment opportunity in Asia as the region expands and adapts its energy mix to address sustainability and resilience goals. Narsingh Chaudhary and Mitesh Patel, of engineering, procurement and construction business Black & Veatch, tell pv magazine more.
The GCL System chief executive made comments that fly in the face of an expected solar gold rush in China that analysts predict will start this month. Though rising overseas demand will address overcapacity fears, according to Luo, the soundbite is sure to chill PV boardrooms across the world’s biggest solar market.
Solargiga highlighted the fact safeguarding duty has recently been reduced in India when considering solar opportunities around the world as part of its first-half update to the Hong Kong stock exchange.
The energy storage company is ramping up R&D efforts to try and fast-track commercialization of the more productive – and more expensive – battery tech. The news was announced as part of an uninspiring first-half update thanks to falling lithium salt prices.
While China hosts the lion’s share of production capacity for solar modules, many other parts of the world harbor the ambition to build manufacturing industries of their own. Italy’s Ecoprogetti is building production lines all over the world in 2019, and pv magazine had the chance to catch up with the family-owned company’s CEO Laura Sartore, who sees India and the Middle East as the key markets for the PV production equipment business.
The two nations have signed an MoU to set up the capacity in the north of Bangladesh along with 50 MW of wind power facilities in the south, near the port of Payra. China will supply an estimated $500m with the host nation freeing up land for the projects.
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