GoodWe is the biggest rooftop solar inverter supplier in India
The Chinese manufacturer commanded a 17% share of the total 3268 MW of rooftop PV inverter shipments in India in the January-December 2020 period.
LONGi Solar was India’s biggest module provider in 2020
The Chinese manufacturer shipped over 1,500 MW (DC) of modules last year, accounting for a 15.6% share of the total 9,478 MW module supplies in the nation.
Indian trough highlighted by Chinese solar glassmaker
Xinyi Solar has posted bullish annual figures on the back of an astonishing rebound in the global market following Covid travails at the start of 2020. There is one national market, however, which has not been invited to the party.
WoodMac predicts 30% drop in Asia-Pacific front-of-meter battery costs by 2025
A new Wood Mackenzie report suggests that costs for front-of-the-meter battery storage systems in the Asia-Pacific region could fall by 30% by 2025. The declining costs are already having a palpable impact, as 2021 has opened with a slew of large-scale battery project announcements.
Sungrow solar inverter sales in India cross 7 GW
The Chinese manufacturer, which has a central and string inverter factory in Bengaluru, sold a minimum 3 GW of the cumulative sales last year alone. Going forward, it has a strong order book for the upcoming solar capacity too.
India ranked the world’s most attractive solar PV market by Ernst & Young
The nation has earned the highest score of 62.7 in terms of attractiveness for solar PV investment and deployment in the latest ranking of top 40 countries by Ernst & Young.
WoodMac says renewable electricity generation in India could be 56% cheaper than coal-fired by 2030
The analyst said currently, India and Australia are the only Asia Pacific countries where renewable power already costs lower than new-build coal. It predicted the trend would spread to the entire region by the end of the decade, while India and Australia would see renewables becoming further cheaper than coal.
Trump pulls tariff exemption for bifacial panels – again
The U.S. president issued a proclamation on Oct. 10 that cites the impact of imported bifacial panels on U.S. solar manufacturing, while also raising the scheduled fourth-year tariff rate from 15% to 18%.
The long read: The visible hand heralds a new dawn
The “invisible hand” is a widely understood metaphor for free-market economics. In China’s economy a “visible hand” is more evident, as government interventions are relatively commonplace. And in PV the visible hand is moving again, raising efficiency baselines and potentially changing the solar production game.
IRENA presents $2tn plan to drive 5.5m renewables jobs by 2023
Doubling down on renewable energy investment and energy transition spending is required to ensure a truly green global recovery from the Covid-19 crisis and its economic aftershock, claims the International Renewable Energy Agency.
