JP Morgan’s majority-owned multinational independent power producer (IPP) Sonnedix has brought online a 38.7MW PV plant in southern Japan, while an analyst has said the country’s solar industry continues to target cost reductions to bring it in line with global levelised cost of energy (LCOE) figures.
In this second part, we will talk about some of the companies preparing for business in the solar market in post-feed in tariff (FiT) Japan and the close links with energy storage that this market is strongly expected to rely on.
The solar boom being fostered by UAE, Saudi Arabia and others is fuelling appetite for imported PV components. Top Chinese makers walk PV Tech's Carrie Xiao through their steps to succeed in a region of megaprojects.
Though the show was low key compared to the sometimes over-the-top, colourful and crowded affairs of previous years, at least it did take place. Andy Colthorpe reports back.
Chinese group renews agreement with German wholesaler to supply gigawatts’ worth of string inverters over the next two years, following distribution of 1.6GWac last year.
Market research firm IHS Markit believes the PV inverter replacement market will increase by around 40% in 2020, creating an 8.7GW need outside new global installations.
Major solar inverter supplier Sungrow has signed a 100MW deal with Japanese company YUASA, aimed at addressing solar and energy storage needs in the changing landscape of Japan’s renewable energy market.
Taiwan has extended PV power project completion dates on component shortages caused by the coronavirus (COVID-19) outbreak in China, while India is expected to advise policy changes soon.
Major PV inverter manufacturer, SolarEdge Technologies has reported a second consecutive year of over 50% revenue growth as quarterly and annual sales continued to break company records.