According to Bloomberg New Energy Finance (BNEF), the global average selling price (ASP) of solar modules is expected to decline by 35% in 2018, compared to previous forecasts of a 20% to 27% decline, due to the Chinese government curtailing solar growth through new policies initiated last Friday.
China-based solar PV project developer and operator ReneSola is one of the first companies to publically echo the impact expected from the Chinese government’s decision to significantly curtail solar deployment, highlighting the solar module ASP decline of modules as a key benefit to downstream developers.
HeliosLite has developed a disruptive PV tracker based on a patent pending 1.5 axis kinetic capturing more energy than 1 axis horizontal trackers without sacrificing cost effectiveness. This disruptive PV tracking solution boasts higher energy output than 1 axis horizontal trackers and is said to bring cost-effective tracking to decentralized PV plants.
No sooner than all of the huge exhibition stands at SNEC 2018 were dismantled last Thursday, China’s regulatory organisations overseeing the solar industry, instigated new policies Friday that could have a similar effect on the utility-scale and distributed generation (DG) markets in the country.
Major horizontal single-axis solar tracker firm Soltec is opening the first of its kind ‘Bifacial Tracking Evaluation Center’ (BiTEC) in Livermore, California to further scientifically evaluate the performance of bifacial PV modules and the tracking performance with single-axis trackers.
‘Silicon Module Super League’ (SMSL) member Trina Solar has completed the purchase of Spanish PV tracker and mounting firm, Nclave as the SMSL moves to become a global smart PV solution provider.
BIG SUN Energy has created a new version of its dual axis iPV tracker for use with bifacial modules or aquatic applications such as fishery ponds, reservoirs and floating solar (FPV) systems. On display at SNEC PV Power Expo will be the iPV Tracker in conjunction with high-efficiency bifacial modules from two prominent suppliers, demonstrating it as a highly adaptive and highly efficient power generation system.
Major semiconductor manufacturer Intel Corp has highlighted that its electricity consumption across its manufacturing operations in the US and Europe have reached the milestone of obtaining all electricity needs from renewable resources such as solar PV, hydro-electric and wind.
NextEra Energy Resources and utility Salt River Project (SRP) have completed the Pinal Central Solar Energy Center in Arizona, an integrated PV plant equipped with a battery system that will store energy and allow SRP to provide power to its customers.
United Renewable Energy Co., Ltd. (URE), the planned name for three of Taiwan’s merchant solar cell and module producers, Gintech Energy Corp, Neo Solar Power (NSP) and Solartech Energy are still evaluating the commercial rationale of establishing a US-based PV manufacturing plant, post the merger, which is being targeted for October 1, 2018.