Solar Intelligence analyst Finlay Colville reports back from SNEC in Shanghai, which finished yesterday. In the first installment of a two-part blog, he draws on his extensive knowledge and analysis of the global PV market to put his findings into the context of wider trends.
It was a long time coming but on Monday evening, Yingli released its annual report. Financials had been released separately at the tail end of last week offering some insight to the company’s fortunes as it looks to navigate an extremely tricky cashflow situation.
Thai fossil fuels company, Banpu, said it has purchased 75.8MW of solar PV plants in China as it pursues a goal of making renewable energy 20% of its power generation business by 2025.
Grid curtailment of solar power is already affecting Germany and China despite billions being spent on grid projects. With a target of 100GW, India is hoping to get 8% of its power requirements from solar PV by 2022, which is a higher penetration than both Germany and China today. Jasmeet Khurana, associate director, consulting, Bridge to India, investigates the potential for future curtailment of solar power in India and its consequences while identifying which states might be most affected.
Solarworld-headed manufacturer group EU Prosun said rival Solar Alliance for Europe (SAFE) is “twisting or simply ignoring” data from an analyst report to make it appear to support the latter’s position on the EU-China anti-dumping dispute.
Chinese integrated PV manufacturers Renesola and Jinko Solar have announced module supply deals of 81.5MW and 49MW respectively for projects in their domestic territory.
Midway across southern Ghana, near the historic port fishing town of Winneba, lies East and West Africa’s largest solar PV plant. Ghana suffers a severe energy deficit with only around 70% of the population having access to electricity, so it was welcome news that the project was connected to the grid at the end of last week. PV Tech visited the new project, built by China-based power firm BXC Ghana, just ahead of the Solar and Off-grid Renewables West Africa 2016 conference in Accra, Ghana.
Chinese rechargeable battery, electric transport and clean energy company BYD has been signed up as a “preferred partner” to Abu Dhabi-headquartered Masdar.
