The China-based PV manufacturing industry has been in a massive capacity expansion phase since 2019. This intensified in the first quarter of 2020 but had eased off through the year, but the cumulative figures are jaw dropping, which has led to real fears of overcapacity in 2021.
‘Solar Module Super League’ (SMSL) member Trina Solar has signed a long-term PV module supply deal with US energy major NextEra Energy totalling 4GW, thought to be the largest order of its kind outside of China.
San Antonio, Texas utility, CPS Energy has launched a Request for Proposal (RFP) in a bid to almost triple its solar capacity as well as include energy storage projects under its first Global FlexPOWER Bundle.
Major PV inverter manufacturer SMA Solar Technology said it would be supplying around 1.6GW of central inverters to PV power plant projects in Australia in 2020, accounting for a market share of approximately 65 percent of a total of 6.5GW being deployed.
Sungrow has launched its latest ST3727KWH(L)-D1250HV+SG3125HV-MV DC-coupling solution for utility-scale PV power plants across Europe that require EES now or in the future. The new unified system offers minimalized system costs compared with AC solutions in certain cases, enhanced energy conversion performance and high levels of reliability and durability, according to the company.
Module manufacturer Seraphim is to invest in a 750MW module assembly facility in Vietnam to expand its global production footprint and serve US market.
