• Global Household Savings Market Analysis: Germany, Italy, the United States, Japan, Australia, and China lead the way
    Global Household Savings Market Analysis: Germany, Italy, the United States, Japan, Australia, and China lead the way Dec 06, 2023
      In recent years, the global household battery energy storage market has developed rapidly. Its main developments are concentrated in several leading markets including Germany, Italy, Japan, the United States and Australia. Germany Germany is the earliest large-scale household battery market. In May 2013, the German government launched a subsidy program administered by KfW that provides subsidies for energy storage systems installed alongside new or existing solar systems under 30kW. This has propelled Germany into the world's largest market for residential solar and batteries, with installation rates remaining stable even as subsidies have been reduced year by year. In 2022, the installation rate of rooftop solar cells will exceed 75%, one of the highest installation rates in the world. Subsidies have supported the market's growth for more than a decade, but they have slowly shrunk and are no longer the main driver. Instead, the market is now driven by customers committed to increasing their own on-site solar consumption, as they can save more than €0.30 per kilowatt-hour by purchasing electricity from the grid, while exporting solar power for less than 0.30 euros per kilowatt-hour. 0.05 euros. Italy In 2022, Italy will become the second largest market, accounting for more than 20% of the global new market in 2021 and 2022. In 2022, the adoption rate of rooftop solar cells is 77%, up from 11% in 2018. This follows the launch of Italy's extremely generous "Super Bonus" subsidy program in 2020, which covers 110% of all home energy improvement-related costs. After the program launched in 2020, adoption rates increased dramatically. But after the "super bonus" program was scaled back in early 2023, adoption rates suddenly dropped. Unlike Germany, the Italian government quickly withdrew this support program, and the market was unable to sustain growth without the program. BNEF expects adoption rates to remain moderate. The 50% state tax rebate scheme remains in place, which had already given a boost to a number of projects across Italy before the "super bonus" scheme was introduced. Consumers also receive regional subsidies. For example, in Lombardy, solar-battery products enjoy a 50% tax rebate starting from 2016. China China's household battery market has struggled to take off due to China's relatively low electricity rates and limited concerns about energy supply resilience (low blackout rates). In the first half of 2023, the average electricity price for Chinese households was less than 0.530 yuan ($0.076)/kWh, which is approximately equivalent to 50% of the average U.S. household electricity price and 15% of the German household electricity price. Due to cross-subsidies from industrial and commercial end-users, household electricity prices in China are artificially low. Low electricity prices make consumer energy storage projects economically unattractive. For China's electricity users, the losses caused by grid outages are also less ...
    More >
  • The world's largest photovoltaic power station is completed!
    The world's largest photovoltaic power station is completed! Nov 29, 2023
    Recently, the world's largest single solar energy power plant project, the El Daffra PV2 solar power plant contracted by SINOMACH, was fully completed. The Al Dhafra PV2 solar power station project in the United Arab Emirates, located in Abu Dhabi, is currently one of the largest single photovoltaic power stations in the world. It is also a landmark EPC project in the field of green energy under my country's "One Belt, One Road" initiative. The project covers an area of 20 square kilometers and has an installed capacity of 2.1 GW. It adopts the world's advanced photovoltaic power generation technology and is equipped with nearly 4 million solar panels, 300,000 pile foundations, 30,000 sets of solar tracking brackets, more than 2,000 cleaning robots, 8,000 With 3 string on grid inverters, 180 box-type transformers and more than 15,000 kilometers of cables, the power station performance and power generation efficiency are world-leading. As of mid-November 2023, the project has contributed a total of 3.6 billion kilowatt-hours of clean electricity to the UAE. After completion and operation, the power station can provide electricity for 200,000 residents, helping Abu Dhabi reduce carbon emissions by 2.4 million tons every year, increasing the proportion of clean energy in the UAE's total energy structure to more than 13%, and providing support for the sustainable development of the UAE's national energy economy. Contribute.
    More >
  • Germany, new photovoltaic capacity will reach 13GW in 2023
    Germany, new photovoltaic capacity will reach 13GW in 2023 Nov 20, 2023
    Recently, the German Engineering Association VDI stated that Germany’s new photovoltaic installed capacity this year may far exceed the government’s target. According to the association’s report, Germany’s newly installed photovoltaic capacity will reach 13GW this year, while the government’s target is 9GW. VDI said: "Photovoltaic technology is gradually becoming the cornerstone of Germany's electricity supply. The solar industry is optimistic that it will achieve the German government's goal of increasing installed photovoltaic power capacity from about 78GW currently to 215GW by 2030, an increase of almost two times. times." However, VDI renewable energy expert Gerhard Stryi-Hipp warned that the top priority is to further develop Germany's energy market and ensure that the growth in the share of intermittent renewable energy does not reduce Germany's high level of supply security. The association also called for the diversification of solar energy system production countries to reduce "dependence" on China and strengthen international competition. The association said: "Germany still has a high level of expertise in solar energy and production technology, which makes it possible to rebuild photovoltaic production capacity and participate in the strong growth of the photovoltaic market. Germany plans to use solar photovoltaic power generation as one of its core energy sources, with the goal of By 2030, the proportion of renewable energy in electricity will be increased to 80%.”
    More >
  • Emerging Trends: Microgrid and DER Innovations in Renewable Energy
    Emerging Trends: Microgrid and DER Innovations in Renewable Energy Nov 14, 2023
    As energy markets evolve, the rise of Distributed Energy Resources (DERs) and microgrids is revolutionizing how businesses and communities manage their energy needs. Microgrids and DERs empower energy consumers to become producers, creating resilient, efficient, and self-sustainable energy ecosystems. To work seamlessly, two key parts need to be aligned. The hardware (DER’s) and how it’s operated (software-based energy management). Why Microgrids and Distributed Energy Resources (DERs) are Transforming the Energy Landscape Microgrids are localised energy grids that can operate autonomously from traditional grids. They incorporate DERs, such as solar panels and energy storage systems, to generate and distribute electricity. This development addresses the need for reliable, sustainable, and efficient energy sources. The surge in popularity in relation to DERs and microgrids can be attributed to many different factors. Yet, from a business perspective, it’s clear that autonomy & resilience, sustainability, and cost efficiency are the leading causes for this revolution. Decoding the Role of DERs and Software Solutions in Modern Microgrid Technology The profound importance of Distributed Energy Resources (DERs) within microgrids’ complex architecture must be understood to appreciate and take advantage of their enormous potential fully. The functionality and effectiveness of microgrids are greatly improved by these DERs, which also include solar panels, energy storage systems, and wind turbines. Thanks to their invaluable contributions to energy production, storage, and management, they are firmly established as an integrated and interdependent part of the overall system. However, using specialized software solutions becomes necessary to utilize microgrids and DERs fully. Working with a seasoned technology partner knowledgeable about microgrids, renewable energy, and DERs can change your life by providing priceless knowledge and experience. Such a technological partner can help design, create, and meticulously fine-tune the technical foundation that drives your energy optimization, microgrid, or DER project to unmatched success. We’ve supported our customers in the green energy sector by implementing out-of-the-box software solutions and creating bespoke systems. Our primary goal has been to equip these clients with the resources to oversee, regulate, and track their DER assets efficiently. By optimally leveraging their capabilities, microgrids can harness DERs to their full capacity, contributing to a more robust and sustainable energy future and significantly impacting energy efficiency. It’s crucial to underscore that the success of a microgrid project hinges on thoroughly understanding the role of DERs and implementing suitable software solutions. By engaging with proficient experts and carefully planning DER integration, you can enhance your microgrid’s operation, control, and monitoring, maximizing it...
    More >
  • SUNDTA 1074.03KW rooftop distributed photovoltaic project has been connected to the grid and completed
    SUNDTA 1074.03KW rooftop distributed photovoltaic project has been connected to the grid and completed Nov 06, 2023
    We are pleased to announce the successful completion and grid connection of the SUNDTA 1074.03KW Rooftop Distributed Photovoltaic Project. This project stands as a remarkable achievement in the field of renewable energy and showcases the effective utilization of solar power to meet the growing energy demands in a sustainable and eco-friendly manner. The SUNDTA 1074.03KW Rooftop Distributed Photovoltaic Project encompasses the installation of solar panels on rooftops, allowing for the harnessing of solar energy and its transformation into clean electricity. The project is a testament to the commitment towards reducing carbon emissions and promoting a greener future. Solar Panels: The project utilizes two types of high-quality solar panels: LONGI 555W and Trina 550W solar panels. These solar panels boast cutting-edge technology and efficiency, ensuring optimal power generation from the available solar resource. The selected panels have been tested for durability, reliability, and performance, guaranteeing long-term operation and an excellent return on investment. Inverter System: The project incorporates the use of the Deye 100KW on-grid inverter system. This advanced inverter technology efficiently converts the direct current (DC) electricity generated by the solar panels into alternating current (AC) electricity compatible with the local power grid. The Deye inverters are known for their high conversion efficiency, reliability, and advanced monitoring capabilities, enabling comprehensive system performance evaluation and control. The SUNDTA 1074.03KW Rooftop Distributed Photovoltaic Project plays a crucial role in reducing greenhouse gas emissions and combating climate change. By utilizing clean, renewable solar energy, this initiative significantly reduces reliance on fossil fuels and contributes to a greener and more sustainable energy mix. Additionally, the project demonstrates the potential of distributed generation, utilizing existing rooftop spaces to generate electricity without the need for additional land resources.        
    More >
  • In 2023, global new photovoltaic capacity will exceed 500GW!
    In 2023, global new photovoltaic capacity will exceed 500GW! Oct 30, 2023
    Production capacity will reach 1.2TW in 2030 Most production capacity will remain highly concentrated, and China's expansion plans will far exceed those of other countries. By far, China is the largest producer, accounting for 80% of the world's production capacity. Annual nominal solar module production capacity is expected to reach 1.2TW by the end of this decade, and using 70% of this would enable solar PV development to reach the levels projected in the Net Zero Emissions (NZE) scenario. This scenario limits global temperature rise to 1.5°C, further reducing fossil fuel use. According to STEPS forecasts, the addition of 800 GW of solar photovoltaic capacity per year will reduce China's coal-fired power generation by 20% by 2030, and by 2030, Latin America, Africa, Southeast Asia and the Middle East will add 800 GW of solar photovoltaic capacity each year on average. 70GW solar photovoltaic capacity. "Solar PV alone will not put the world on track to meet climate goals, but it can light the way forward more than any other clean technology," the report states. By 2030, China's newly installed solar photovoltaic and offshore wind power capacity will be three times that of the "2021 World Energy Outlook". The Asian country is already a leader in clean energy growth, accounting for nearly half of the world's new installed solar photovoltaic and wind power capacity in 2022. However, emerging and developing economies must join China in accelerating the pace of new renewable energy projects. To meet the requirements of the net-zero emissions scenario, investment in the energy transition will increase fivefold by 2030. Energy demand growth remains very strong in most emerging and developing economies, and achieving cleaner electricity is key to achieving their energy and climate goals. In Indonesia, for example, the share of renewable energy in electricity generation will double to more than 35% by 2030, while in sub-Saharan Africa, meeting diversified national energy and climate goals means that by 2030, 85% of new power plants will be based on renewable energy. "In some markets, clean energy projects are facing unfavorable factors such as rising costs, supply chain bottlenecks and rising borrowing costs. But clean energy is the most dynamic area of global energy investment. With policy and market stimulation, the next few decades will be The annual pace of clean energy development is key to explaining the differences in trajectories and outcomes under the three main scenarios. Since 2020, clean energy investment has increased by 40%. The push to reduce emissions is a key reason, but not the only one. Mature clean energy technologies have strong economic benefits. Energy security is also an important factor, especially in fuel-importing countries, as is industrial strategy and the desire to create clean energy jobs.
    More >
1 ... 6 7 8

A total of 8 pages

Leave A Message

Leave A Message
If you are interested in our products and want to know more details,please leave a message here,we will reply you as soon as we can.
Submit

Home

Products

whatsapp

contact