Solar Power Statistics for Europe 2019

Solar Energy Market in Europe

The solar PV market in Europe saw a 36% growth to reach 11 GW in 2018. 

European countries together have emerged as one of the new and prominent solar growth markets in the world. 

The binding national target that the European Union (EU) has set drove the continent to add 11.3 GW in 2018, which was a 21% increase over the 9.3 GW installed in 2017. 

In 2019, the forecast for demand surge will be by more than 80% (20.4 GW). 

Subsequently, in 2020, the growth is likely to be 18% (24.1 GW), which will be a new record in solar PV installation, surpassing 22.5 GW added in 2011. 

The anticipated growth rate for 2020 will be 36% year-on-year spike of more than 5.9 GW connected to the grid in 2017.

       Fig.1: Solar Energy Market in Europe 2018 (Source: solarpowereurope.org)

In 2018, the biggest solar market in Europe was Germany with 2.96 GW of new grid-connected capacity, which was 68% from 1.76 GW capacity installed in 2017. 

The second-biggest solar energy market is Turkey, which was leading in the European solar market in 2017. Last year (2018), the country installed 1.64 GW, down by 37%, after a drop in demand due to the recession in the country. 

The Netherlands has been a rising star in the European market and ranked as the 3rd largest solar market in 2018. The country added nearly 1.4 GW, a significant increase from the 0.77 GW it added in 2017. 

The combined solar installation by Turkey and Russia reached 11 GW, up 20% from the 9.2 GW added capacity in 2017. 

At the end of 2018, a demand-pull from China resulted in a shortage of supply for high-quality panels in Europe. The situation forced many developers to delay their projects and rolled into 2019. However, 2019, is expected to be even better for the EU solar energy market.

Leading European States in Solar Energy in 2019

In 2018, there was a demand spike for solar energy in the European Union, and it rose by 37% or 8.2 GW, an increase from 6.0 GW capacity installed in 2017.

Even though 36% growth rate of the EU solar market in 2018 was impressive, the number could have been better. It was below par due to the market decline and financial crisis in Turkey.

   Fig.2: European Annual Solar PV Installed Capacity 2000-2018 (Source: (Source: solarpowereurope.org)

Here are the leading European solar markets

  • Germany:

Germany was the leading solar PV market in Europe in 2018. The country restored its top position four years after losing it to the United Kingdom in 2014.

The country added 2.95 GW of solar capacity, and the market grew 67% year-on-year compared to 1.76 GW added in 2017. It was the first time since 2013 that Germany hit 2.5 GW capacity.

The major driving factor for the German solar market in 2018 were self-consumption or feed-in premiums for medium to large commercial systems between 40 kW and 750 kW.

The mentioned factor contributed more than 50% of the new capacity, whereas residential systems up to 10 kW contributed nearly 400 MW.

Also, ground-mounted solar systems above 750 kW contributed to nearly 550 MW.

  • Turkey:

Turkey is the second-largest solar market in Europe. However, it went through a tough phase in 2018 due to the financial downturn and fell short of its target.

In 2017, the solar market growth was up by almost 4.5 times (2.6 GW), and then in the following year got hit by a financial crisis.

In 2018, the country could only install 1.64 GW, which was a year-on-year decrease of 37%.

  • Netherlands:

The Netherlands is an emerging solar market in Europe. However, to become one of the leading and sustained markets in the region, the country’s solar energy needs to be cost-competitive.

In 2018, the Dutch solar market reached GW-scale for the first time. It was one of the three markets to have achieved that feat in Europe.

The country added 1.5 GW of installed capacity in 2018, nearly double growth from 770 MW it added in 2017.

The factors that drove the growth was incentives for net-metering residential installations, which contributed nearly 40% in 2018.

The bulk of these installations came from commercial and utility-scale systems that were given to in technology-neutral tenders under the Dutch SDE+ scheme.

  • France:

The solar market in France could not live up to expectations in 2018. The country did not reach the GW-scale, and even worse, its solar market even contracted marginally by 4% to 873 MW.

The complex incentive scheme in the country that requires solar systems with a minimum capacity of 100 kW to participate in tenders did not work out well.

In addition, even regulatory changes and plans to tender more capacities in 2018 had no positive impact so far.

France fell short of its 10 GW total solar target in 2018 by more than 1 GW.

  • Ukraine:

In 2018, Ukraine made it to the top five solar markets in Europe with the help of its generous feed-in tariffs or Euro 15 cents/kWh for large-scale PV systems.

The country added a total of 803 MW capacity, which was 228% higher than the 245 MW capacity added to the grid in 2017.

Besides large-scale solar PV systems, a net metering scheme for PV installations up to 30 kW also generated interest in 2018.

Overall, there is a surge in the solar energy market in the European Union and Europe.

Out of the 28 EU member states, 22 added more solar capacity to the grid than the previous year. In the entire continent, less than a dozen countries experienced lower demand for solar power technology.

Solar Growth Statistics in Europe

The European Union installed nearly 8.0 GW of solar power systems in 2018.

Overall, total solar installations in the continent grew by nearly 20% to 11.0 GW in 2018, an increase from 9.2 GW from 2017.

        Fig 3: Global Annual Solar PV Installed Capacity 2000-2018 (Source: solarpowereurope.org)

Subsequently, the solar PV market scenario in Europe between 2019 and 2023 is likely to show a consistent two-digit annual growth rate.

The medium phase during the mentioned period is anticipated to have a total installed capacity of 255 GW in 2023.

On the other hand, during the peak period, the solar capacity will be exceeding the 200 GW mark in 2021 and 300 GW in 2023, and subsequently to reach 318 GW by the end of 2023.

Fig.4: Top European Solar PV Markets’ Prospects (Source: (Source: solarpowereurope.org)

Even in the low scenario, the continent could very well add 200 GW of solar power plants in 2023.  

A further forecast shows that the region is to add 16.5 GW by 2025 and grow at a CAGR of 8.4%.

The major driving factors in the market have been continuously reducing solar PV costs, re-modeled support schemes, regulations, and energy storage options.

Also, power purchase agreements (PPAs), funding arrangements, and leasing will remain the major financing models in EU countries.

Although installed renewable capacity has constantly grown in Europe, the proportion of energy from renewable sources has dropped, as there is more energy consumption from non-renewable sources.

What are the reasons behind the surge of the solar industry? 

In the next two years, there is a huge prospect of having a strong demand for solar energy.

Already, countries such as Germany, Turkey, the Netherlands, France, and Ukraine are making their presence felt in the global market.

So, what the EU did right?

The answer is it has removed the trade measures on solar panels and made sure that a positive framework is available by rolling out the Clean Energy Package legislation. Now, the region is ready for accelerated solar growth.

In 2019, for example, the European market may have more significant growth. It is due to a series of subsidy-free projects in southern Iberia along with low equipment prices that will probably put Spain ahead in the European solar market. 

Also, France has made a commitment to implement a high-profile renewable energy development plan and aims to add nearly 3 GW annually for the next six years.

Now, let us look at the main reasons behind the surge in the European solar market:

  • Setting EU 2020 targets: The deadline set by the European Union for the member states to meet their national renewable energy targets for 2020.

A recent update from Eurostat shows that 11 out of 28 countries have already met their target by the end of 2017.

  • Using Tenders: Not so long ago, many European countries began implementing solar tenders, which have played a crucial role in reducing solar power prices. It made solar energy more accessible for residential as well as commercial consumers.
  • Energy consumption & storage: The cost of solar power and battery storage are considerably cheaper than retail electricity in most of the European countries. The price will continue to go down, which will be driving more people and companies to invest in on-site solar installations.
  • Emerging Markets: The low cost of solar is generating interest among the European countries that have not been very active in the solar market.

Countries like Spain have put the focus on generating low-cost solar energy, which might give the country a competitive edge in the solar PV market.

  • Corporate Investments: Investment by corporates in solar energy is playing a critical role in the future sustainability of the industry. 

Many leading companies are making investments to provide cost-competitive solar energy in the market in the wake of declining solar costs. 

  • Power Purchase Agreements (PPAs): There are increasing instances of direct bilateral power purchase agreements (PPAs) in a number of European solar markets.  

In Spain, for example, there was a huge pipeline of PPAs of more than 30 GW in 2018. Also, earlier in 2019, the largest PPA in the world was signed for a 708 MW solar project Portugal and Spain.  

  • Clean Energy Package: The implementation and result of “Clean Energy for All Europeans” legislation have been quite positive for the European solar market.

The region has now set a higher target of 32% renewables by 2030, which ensures the rights for self-consumption.

Now, 2019 is expected to be even better for solar power in Europe. This year, we see the surge in demand is expected to go up by 81% (20.4 GW), and on course, to meet the 2020 target.

The Economic Index of the Solar Industry

These days solar energy plays a crucial role in the national economic development, and it also has an effect on economic growth.

The increase in solar energy production and utilization in European countries depend on the well-being of their population and standard of living.

The EU countries with higher GDP have been able to make progress in producing and utilizing solar energy. It is because higher economic development ensures more financial resources and investment opportunities in new renewable energy technologies.

Also, the European countries have rolled out a number of tax credits, subsidies, financial assistance, and rebates as driving factors for the energy sector.

Relatively new countries in Europe with lower GDP per capita and less developed energy markets have weaker support systems and policy frameworks. It results in a lack of momentum to make solar energy a prominent resource.

When it comes to creating solar jobs and wealth, European countries are likely to create nearly 175,000 full-time jobs and 9,500M value additions by 2021, an EY report states.

Fig.5: Direct & Indirect Job Creations by European Countries from 2008-2021 (Source: solarbusinesshub.com)

The EY report also reveals that an increase in renewable energy target from 27% to 35% for EU 2030 will create more than 120,000 new solar jobs.

Also, the European Directive has implemented a policy that at a minimum of 20% of the total energy should come from renewable energy sources by 2020.   

In countries such as Spain and the Netherlands, current have a high installation rate, a massive project pipeline, and strong political support. All of these factors will lead to a strong demand pull in the solar market until 2023.

Luxembourg will have the highest values of the GDP per capita during the entire period.

Adding more solar installed capacity will create more jobs and foster economic growth in the European market.

To increase the solar market growth, the EU needs to remove all the obstacles by withdrawing the existing trade measures on solar panels and cells. This step will create a favorable regulatory environment for PV in Europe.

Solar Energy Production Statistics in Europe

In 2018, solar energy production across Europe broke all records, particularly during the summer when the mercury soared.

Fig.7: Solar Energy Generation in Top 10 European Solar PV Markets: 2018-2023 (Source: solarpowereurope.org)

In the U.K., solar energy broke the weekly output record output in June 2018, between June 21 and 28, producing 533 GW.

The same year in July, solar energy production recorded 6.17 TW in Germany.

In northern Europe, Denmark had 361 hours of sunlight in May. This resulted in a 33% increase in solar electricity production, breaking all the previous records.

In the Netherlands, consistent sunlight throughout in July led to a 75% spike in solar power generation than the year earlier.

In 2019, the estimated solar energy production will be 20.4 GW across the EU region.

Final thoughts on solar energy in Europe

The European solar energy market is more diverse compared with other regions.

The major driving factors behind the solar industry growth in the European countries has been the increased low-cost unsubsidized solar systems and the carbon tax. These have made solar energy an attractive proposition for consumption and investment.

The European solar generation is still undergoing a transition phase toward becoming a mainstream energy source. However, the progress is already rapid to reduce dependence on traditional energies and government subsidies/incentives.


Solar Power Statistics in Australia 2019

Solar Energy Market in Australia

The renewable energy market down under is up and running!

Yes, solar energy has found its place in Australia on the rooftops of residential and commercial buildings.

According to the 2019 Energy Transition Index by the World Economic Forum, Australia ranked 43rd in the list of 115 countries. This report focuses on the rates at which the energy performance of the countries improve and their readiness to embrace sustainable energy.

In the index, Australia, Canada, and South Korea were the only major economies that scored outside the top 25% of countries.

The renewable energy industry in Australia is on course to install more than 10 GW of new solar and wind power during 2018-19. 

Fig.1: Annual Solar PV Installations in Australia 2018 (Source: assets.cleanenergycouncil.org.au)

In 2018, 2 million households in Australia installed rooftop solar panels. It means that one in every five households now have solar power to bring down their electricity bills.

If this rate of solar installations remains, the country will reach 50% renewable capacity in 2025.

According to the Australian Energy Market Operator, rooftop solar will generate 85% more power than the 2017-18 financial year.

On the other hand, solar farms will supply nearly 5,000MW of power, which is an increase from just a few hundred megawatts of power in 2017-18.

A report by Green Energy Markets states that the first three months of 2019, a record number of solar capacity has been installed in residential and commercial buildings. It is an increase of 46% during the same period last year.

Also, investments in large-scale clean energy projects doubled to become over $20 billion in 2018 as 38 projects were completed in that year.

At the beginning of 2019, already 87 large-scale renewable energy projects are underway or financially committed.

In the energy storage segment, numerous new utility-scale batteries were installed all over the country in 2018.

According to calculations, due to solar installations, customers will save nearly $600 million on their electricity bills over the next decade. The scheme is providing benefits in other areas as well by creating new jobs in the renewable energy sector.

Leading Australian States in Solar Energy in 2019

The renewable energy boom is accelerating in Australia and across the world. State and territory governments are leading Australia’s electricity transition from fossil fuels to renewable energy and storage.

In December 2018, 22,010 PV systems were installed in the states across Australia.

The state-wise breakdown for rooftop solar PV installations are:

  • New South Wales (NSW) and the Australian Capital Territory (ACT): Nearly 5,700 PV systems;
  • Victoria: 5,400 PV systems
  • Queensland: 5,300 PV systems
  • Western Australia: 3,150 PV systems;
  • South Australia: 1,900 PV systems
  • Northern Territory: 269 PV systems, and
  • Tasmania: 262 PV systems.

Also, the combined numbers of household and commercial PV system installation up to 100 KW can be seen from the chart below:

Fig.2: Combined Household & Commercial PV Installations in the Australian States (Source: assets.cleanenergycouncil.org.au)

A report called “Powering Progress: States Renewable Energy Race” has listed states and territories in Australia according to their renewable energy performance based on various parameters.

The parameters include the percentage of renewable electricity, the proportion of households with solar and policies supporting renewable energy in each state.

Fig 3: State-wise Renewable Energy Performance 2018 (Source: climatecouncil.org.au)

The scorecard above shows that the states such as Tasmania (TAS), the Australian Capital Territory (ACT) and South Australia (SA) are leading in terms of renewable energy measures.

Victoria (VIC) and Queensland (QLD) are in second place based on performance.

New South Wales (NSW), the Northern Territory (NT), and Western Australia (WA) have fallen behind compared to other states.  

Except for Western Australia, all other states and territories have a commitment to their renewable energy targets and reducing carbon emissions.

Tasmania (TAS), the Australian Capital Territory (ACT), and South Australia (SA) have the highest proportion of renewable electricity.

South Australia has the maximum amount of installed wind and solar capacity with 1,831 MW, followed by New South Wales (NSW) with 1,759 MW, and Victoria (VIC) with 1,634 MW.

Queensland and South Australia have the highest percentage of residential buildings with rooftop solar at 32.9% and 32.3% respectively. Western Australia ranked third with 26.7% of residential buildings with rooftop solar.

Solar Growth Statistics

The solar industry is witnessing rapid growth in Australia with an increasing demand for solar panels, especially rooftop modules.

In 2018, a total of 218,195 rooftop solar panels were installed, which was 43,599 more than in 2017.

A further breakdown shows that an additional 838 systems were installed per week, or five solar systems an hour.

Nearly 1.5 GW of additional solar capacity was added at the national level, which took the total national rooftop solar capacity to well over 8.1 GW.

Overall, rooftop solar panels delivered 4.2% of Australia’s total energy generation in 2018.

Fig 4: Commercial and Residential Solar Installation Snapshot 2018 (Source: assets.cleanenergycouncil.org.au)

Small-scale solar projects contributed 1/5th or 19.6% of total renewable energy production, which was third behind hydro with 35.2% and wind with 33.5%.

Due to so many projects underway, the competition will remain high for construction resources and workers, and it is good news for the regional areas where most projects are located.

In 2018, over 10,800 direct jobs were created from the large-scale renewable energy construction boom. Another 3000 jobs were created in operations and maintenance.

These jobs and investments have provided indirect benefits, including higher demand for accommodation and services in the regional areas. 

Due to a record number of solar panel installation, the number of authorized solar installers went up to 5864, up by nearly 1000 since 2017.

The average capacity of solar systems also increased from 6.39 kW to 7.13 kW. It reflects the drop in the overall system cost and the increasing number of small-to-medium businesses installing solar.

According to a report by the Clean Energy Regulator, during 2018 and 2019, Australia is about to install nearly 10,400MW of new renewable energy. It will comprise 7,200MW of large-scale renewables and 3,200MW of rooftop solar.

This represents a per-capita rate of 224 watts per person per year, which is among the highest of any nation.

If the current growth rate of renewable energy continues, Australia will go beyond the large-scale Renewable Energy Target (LRET), and likely to reach 29% of renewable power capacity in 2020 and 50% in 2025.

The current rate of investments may continue because:

  • The Clean Energy Regulator will keep issuing large-scale solar generation certificates to accredited new renewables generators until 2030.
  • Investment opportunities in the renewable energy market are expanding beyond the wholesale electricity market. Companies that see economic benefits and green profile of renewable energy contracts may find the market lucrative.
  • Pricing of solar PV will continue to drop and will create more market opportunities.
  • The use of electric vehicles and electric heat pumps for water and spacing heating will increase the demand for solar energy.
  • PV plants will replace the existing coal power stations.

Government support in large-scale storage projects can make it possible to integrate 50-100% renewables into the Australian grid. In this context, government policies are crucial as they will enable the renewable industry to live up to its potential to deliver deep emissions cuts.

What are the reasons behind the surge of the solar industry? 

A report by Green Energy Markets shows that the contribution of solar PV to the electricity generation mix of Australia reached a record high in 2018.

In the same year, the overall share of renewable energy was 21.3% of Australia’s total electricity. It made it to 20% for the first time in four decades.

One of the reasons behind the surge of solar energy is that many state and territory governments have realized the significance of renewable to bring down power bills. They are now rolling out their own policies in the absence of any federal action.

An increasing number of consumers and businesses are also switching to renewable energy to reduce their power bills.

Particularly, businesses are leading the way with an 83% increase in the capacity of commercial solar installations between 100 KW and 5 MW.

On the other hand, small-scale commercial installations below 100kW went up by 25% in 2018. Also, residential rooftop solar installations had gone up by 17%.

In 2018, the fastest growing technology was large-scale solar plants with more than 100kW capacity that nearly tripled their energy generation capacity.

Now in 2019, the installed capacity of solar energy in Australia is expected to double (18 GW) in the next two years as several new large-scale projects will be completed.

In addition, residential and commercial consumers will continue to have solar energy demand to reduce their electricity bills.

Fig.5: Solar PV Capacity in Australia by 2020 (Source: reneweconomy.com.au)

By the end of 2020, solar energy capacity will be double to 18GW, along with another 4GW of large-scale solar, 4GW of small rooftop solar, and another 1GW of large rooftop solar installations.

In recent times, rooftop solar installation for commercial usage has witnessed a substantial spike. It is because businesses, agricultural farms, and others tend to install their own solar panels. At the current pace, 90% of businesses would have solar panels on their rooftops by 2030.

Right now smaller state-funded projects are on course to achieve their renewable energy targets.

The renewable energy target for Victoria is 25% by 2020 and 40% by 2025, whereas Queensland’s target is 50% energy by 2030.

If the small-scale projects do not face any regulatory intervention across Australian states, their commercial viability may increase the energy demand. In addition, due to increased competition, energy prices are likely to fall.

Related article: Top Solar Statistics You Need to Know in 2019

The Economic Index of the Solar Industry

As stated earlier, in 2018, Australia added more than 2.3 GW of new renewable energy capacity, and 38 projects were completed that year.  

Overall, by the end of 2018, 14.8 GW of new energy capacity was under construction or financially committed with the total investment of $24.5 billion and created more than 13,000 jobs.

    Fig.6: Total Energy Growth, Investments & Job Creation (Source: assets.cleanenergycouncil.org.au)

All this added capacity led to 21% of the total power generation from renewable energy, which is more than adequate to power every residential building in Australia.  

According to a report by Energy Matters, the landmark figure of 2 million installations is “an achievement for the relatively new solar industry. Other milestones along the way are below:

  • More than 20,000 jobs were created in the renewable energy industry in the areas such as operation, construction, and maintenance and rooftop solar installation.
  • As many as 28 large-scale solar projects were completed, with 14 times higher solar capacity installed than the previous best.
  • A total of 20 corporate power purchase agreements (PPAs) of 931 MW and supporting projects with a total capacity of 2600 MW were signed across various states.

According to a report by the Australia Institute in 2018, a fast transition to renewable energy will create 58,554 jobs every year for 11 years.

In the current energy scenario, clean energy investments do not require any additional subsidies. However, they need long-term energy policy certainty.

Also, in the context of reducing carbon emission, Federal Labor has promised more constructive action on climate and renewables. There is a proposed target of 50% renewable energy by 2030 can be a strong market signal for investors.

The Council of Australian Governments Energy Council is the key forum for developing consensus on a national energy strategy. It is expected that the economic outcome will be positive for the solar industry.

Solar Energy Production Statistics

Australia has an ideal climate for generating plenty of solar energy because of the total amount of irradiation the country receives.

Due to the abundance of sunlight and clear skies, Australia is capable of generating 60% of the total energy needs from solar alone.

In March 2019, Australia produced a combined capacity of 12,035 MW, out of which 4,068 MW was generated in 2018.

As of 2019 only, 59 solar PV projects with a capacity of 2,881 MW are either under construction, completed or about to start construction.

Also, earlier in December of 2018, the solar energy production energy in the country reached its maximum market share in the National Electricity Market (NEM). Data shows that solar energy peaked at 17% on December 10, and there was still a lot of demand left to keep other generators busy.

Fig.7: Detailed Breakdown of Renewable Energy Production Australia 2018 (Source: assets.cleanenergycouncil.org.au)

So, keeping in mind the year 2021, what will be the scenario in the solar industry? The Australian Competition and Consumer Commission (ACCC) has suggested scrapping the solar rebate by then.

According to the Australian Energy Market Operator, by 2021, rooftop solar will produce 85% more electricity than 2017-18. Additionally, solar farms will supply nearly 5,000MW of power, way above the production capacity in 2017-18.

According to projections, large- and small-scale solar PV will continue to get installed at their current rates of 2,000MW and 1,600MW per year in the coming years.

Also, large- and small-scale solar PV will continue to have capacity factors of 21% and 15% respectively.

The mentioned production capacity will further consolidate the position of solar energy as the mainstream energy resource in Australia.

Conclusion

As of June 2019, Australia is among the top 10 leading solar energy markets in the world. However, there are still a few areas that the government needs to pay attention to.

One of the areas is a lack of any permanent national energy policy to regulate high-energy prices that consumers and businesses in Australia have been paying.  

To resolve this issue, states and territories have started their own initiatives to create jobs and investments.  

Also, there is a lack of federal energy and climate policy to reduce carbon footprints in the country.

The good news is that the much-needed reforms are underway and will help address these issues and have all the bases covered in the solar industry.

Solar Power Statistics in China 2019

Solar Energy Market in China

China has become a global leader in the energy market within the space of the last two decades!

When the country began its journey in the energy industry, it virtually had no solar panels installed. However, in the following years, China made it up by turning the table and became the undisputed leader by a margin of more than 100%.

According to the consulting firm Wood Mackenzie, the photovoltaic (PV) installations in China is likely to go up to 370 GW by 2024, which is twice the capacity of the US at that point.

 

Fig.1: Cumulative Annual PV Installations by Country 2001-2024 (Source: weforum.org)

The vast population in China has been instrumental in making the country the largest global energy growth market. Although India is close to the heels, it still has a long way to go.

Already China has more solar capacity than all the countries in the world.

A question that naturally crops up is, “How China has made it possible?”

The answer is renewed policies and streamlined efforts across the country. We will talk about it in detail in one of the following sections.

For now, we can say that China did set up huge solar farms, including the largest farm in the world located in the Tengger Desert.

The government also started many large- and small-scale solar projects.

Now, as the biggest clean energy investor globally, China is eyeing to increase the proportion of renewable energy power mix. The country is already well on its course to achieve that goal.

Despite having the largest solar market in the world, in the domestic energy landscape, solar is still a small proportion of the country’s total energy mix.

 

Leading Chinese States in Solar Energy in 2019

Globally, solar photovoltaic (PV) installations started booming since 2010 and had an annual growth rate of 40%.

China has been leading growth momentum since then. In 2015, the country ranked number one for the first time, both in the installed capacity as well as power generation.

Two years down the line, in 2017, China reached the capacity of 130 GW solar PV, which was nearly six times the capacity of the three largest hydroelectric plants in the world.

The country has already achieved its solar energy goal for 2020, two years ahead of schedule.

In China, most of the solar PV projects are concentrated in the eastern and southern parts of the country. In these two regions, the economy is the most prosperous and has the maximum demand for solar power.

The four provinces in China – Anhui, Jiangsu, Shandong, and Zhejiang have nearly 52% of the total capacity.

 

Fig.2: Installed Capacity of Distributed Solar PV in China (Source: wri.org)

The distributed solar PV is growing at a fast rate in China than large-scale solar power stations.

Here distributed PV refers to relatively smaller solar energy-producing plants that are located near consumers and connected to distribution systems.

In 2017, distributed solar PV generated nearly 13.7 terawatt-hours of electricity, which was enough to meet the energy requirement of all the residential consumers in Beijing for 7.5 months.

Currently, the total installed capacity of distributed solar PV accounts for 27.1% of the country’s total solar PV installation.

 

Solar Growth Statistics

The solar energy market in China got its momentum in the early 2000s, keeping up with the increasing demand for energy.

To make solar a mainstream energy and become a part of the global energy mix, China started giving incentives for boosting the domestic solar PV manufacturing.

The country also initiated the process of acquiring technology and skills required for manufacturing PV cells.

Over the next decade, China caught up with the Western countries in terms of solar technologies by purchasing manufacturing equipment from a competitive international market. It also started employing skilled labour from the vast population.

 

Fig.3: Installed Solar PV Capacity from 2010 to 2017 (Source: idsa.in)

Through concentrated efforts over the years, China has secured the position of the largest solar panel technology manufacturer in the world. Currently, the country manufactures more than 60% of the solar panels globally.

China’s dominance in solar panel manufacturing is evident from the fact that out of the top ten solar panel manufacturers in the world, seven are Chinese firms.

A report by the energy news website EnergyTrend, despite the trade war with the US, China has already shipped 28.5GW of solar PV panels overseas during the first quarter of 2019. An increase of nearly 92% (14.68 GW) during the same period in 2018.

Currently, solar energy accounts for 7% of China’s total energy generation capacity.

Interestingly, in 2017, the newly added PV capacity by China is equal to the total solar PV capacity of Germany and France.

Recently, China rolled out policy changes in the solar sector after evaluating the changing international environment, and to address growing domestic energy challenges.

The country has also lowered the feed-in tariffs that were preventing the unrestricted growth in producing solar power.

The government has also addressed the cumulative debt of $15 billion that the state-run renewable energy fund incurred. The debit is likely to go up to $39 billion by 2020 if appropriate action is not taken.

On June 1, 2018, the Chinese government issued a policy to connect the solar projects to the grid, which will not receive feed-in tariffs.

By implementing these measures, China plans to bring down the subsidy costs, which is getting increasingly difficult to pay.

According to an energy official, China is curbing the growth of solar power capacity, and cutting down on subsidies.

This step will help the energy sector focus on quality than quantity. It will further ease the government’s financial liability.

The 13th five-year plan in China has put the focus on improving the electric grids and lowering curtailment issues.

By implementing new policies and directives, the government wants to ensure that the provinces follow the country’s mandatory renewable portfolio standards. Now, each province has to calculate its power target for 2030.

Provinces that fail to comply with these standards will be penalized, and their revenues could go into reducing the subsidy burden on the government.

 

What are the reasons behind the surge of the solar industry?

In China, these days, solar power is cheaper than grid electricity in cities all over the country, which may boost demand in the long run.

One of the key reasons behind China’s growth in the solar energy segment is distributed solar PV installations.

Here are the four main reasons why distributed solar PV has triggered a growth spike in the country.

 

Setting National Targets

A report under the 13th Five Year Plan of Solar Power Development in 2016 shows that distributed solar PV installation will be a minimum of 60 GW by 2020, with an installation rate of 10 GW per year.

Also, during that period, the government will build 100 demonstration zones of distributed solar PV. As much as 80% new building rooftops and 50% of existing building rooftops will be equipped with solar PV systems.

Additionally, earlier in 2014, China initiated a solar PV program for poverty alleviation program. The objective of this program is to support a large portion (nearly 70-80%) of the initial investment and let families use solar power freely or sell it to the grid.

 

Reduced Cost and Higher Efficiency

Reduction of cost is another reason behind the surge in the distributed solar PV projects, as private companies find them attractive.

The average pricing of global PV modules came down by 79% between 2010 and 2017. During the same period, technological breakthroughs in the solar energy segment resulted in a sharp increase in its efficiency.

All these factors have been instrumental in bringing down the average cost of solar power in China to 0.5 Yuan/kWh (USD 0.077/kWh) in 2017, which was nearly 75% from 2010.

 

Incentive Policies

To achieve its solar energy targets, China issued several incentive policies since 2013. These policies provided support at the national as well as sub-national levels.

Other than national solar subsidy, which is 0.32 Yuan ($0.049) per kilowatt-hour (kWh), local governments have their policies on subsidies for distributed solar PV projects.

Many local areas install solar and have set their own targets for expanding renewable energy.

Rolling out tax incentives for solar stations as well as distributed solar panels are also driving the expansion of solar PV in the domestic market.

 

Revenue-driven Business Models

In China, the electricity rates for industry/commerce are substantially higher than rates for residential usage. Due to this, many businesses install solar PV to produce their own electricity and can have a significant amount of savings.

Also, there are diverse applications of solar energy “Solar PV+,” or integration of solar PV with fisheries, agriculture, and PV livestock operations, which are pushing the growth further ahead.

China is also clearly ahead when it comes to renewable energy technology patents. The country had more than 150,000 renewable energy patents in 2016, which was 29% of the total patents in the world.

The US was second with more than 100,000 patents, followed by Japan and the E.U. with nearly 75,000 patents each.

Overall, the surge in the renewable energy segment has consolidated China’s position as the global leader and reduced dependence on fossil fuel. It is a massive power shift that has lowered the importance of fossil fuel exporters.

As the price of clean energy technology has dropped, and China’s electricity demands witnessed a spike, making investments in renewables seems an attractive proposition.

The bottom line is that commercial solar has become cheaper than grid electricity, which means the world can embrace solar energy without having to pay any subsidy.

 

The Economic Index of the Solar Industry

The continuous growth in the renewable energy sector all over the world has increased the demand for Chinese solar power.

China’s position in the world’s energy landscape has several dimensions. Consolidated GDP growth and integration into the global economy have made it possible to stay ahead in the energy space.

 

      Fig. 4: Subsidy Policy in China from 2015-20 for Solar Power with Utility-Scale (Source: belfercenter.org)

The graph above is about China’s national subsidy policy between 2015 and 2020 for solar power with a utility-scale.

In the graph, we can see there are three categories, which represent variance in solar energy based on geographic differences, insolation in the regions, and local climate conditions.

This is how it reads according to the solar utility-scale:

 

  • In the first category (blue), the annual operating hours are more than 1600 h (h>1600);
  • The second category (red) is between 1400 h and 1600 h (1400<h<1600), and
  • The third category (green) is less than 1400 h (h<1400) for solar power.

The range of operating hours is different because of the availability of sunlight in those three regions.

The regions that receive more sunlight achieve the economies of scale and the regions with cloudy weather or low sunlight fall behind.

 

The Global Perspective

The emergence of solar energy has shifted the balance of power around the world, changed trade patterns and formed new alliances.

Investment in solar power calls for long-term strategy as the cost of installation is still high. High pricing turns policymakers away as they do not feel such investments are necessary for something short-term.

Also, as the price of solar energy continues to drop, many companies prefer to wait until prices drop further.

When it comes to China, the initiative of PV panel manufacturers to shift sales in foreign countries has resulted in 531 new deals in 2018. All this prospective business is making a positive impact on companies in terms of achieving their financial targets.

The overall capacity utilization rates of solar PV companies are said to have reached 78% in the first half of 2019. According to the current demand, cell utilization rates were at 110%.

Despite all the progress in the solar market, the International Energy Agency (IEA) has notified the countries that more investments in renewable energy are required across the world.

The IEA has expressed its concern to prevent more than 1.5 C of the carbon footprint as agreed under the terms of the Paris climate agreement.

 

Solar Energy Production Statistics

A report by the National Energy Administration shows that in the first quarter of 2019, China added 5.2 GW of installed PV capacity. It is a drop from the installed capacity of 9.65 GW during the same period in 2018.

Despite the drop in the installed capacity, solar energy is still ahead of other renewables such as wind (4.78 GW) and biomass (970 MW) in the first quarter of 2019.

On the other hand, PV module production has gone up to 47.5% year-on-year, which accounts for 11.8 GW during the period from January-February.

 

     Fig. 5: Monthly Solar Power Generation from March 2017- March 2019 (Source: statista.com)

Another report by China Customs reveals that the country exported 15 GW of PV modules in the first quarter of 2019, which is up 70% year on year.

According to a research report by Sinolink Securities, between 2017 and 2019, PV power has become relatively affordable globally. Lower pricing has encouraged the major countries in the world to phase out thermal and replace it with solar PV.

A prediction by the IEA shows the total PV installed capacity in the world is likely to reach 1,721 GW by 2030, and it will go up further to 4,670 GW by 2050. China will have the lion’s share in the estimated spike of PV capacity.

The price for a solar PV module has dropped by 94% percent over the past decade. Due to this reason, the cost of building a PV power station has dipped by 90%.

This is where China is still way ahead of other countries because the manufacturing of PV modules has got a boost due to the increased export of solar modules.

Related article: Top 15 Solar Energy Trade Shows in China

 

Conclusion

By integrating renewable energy with the existing power structure, China has become a global leader in renewable power.

There are, however, still some gray areas that the country needs to weed out. One area is the percentage of renewables for the overall electricity generation profile remains low.

Another challenge is that bringing all the produced power from renewable resources to grids for user consumption is difficult. The government needs a way around it.

Also, the lack of physical connection, the rigidity of the electricity market, local protectionism, and competitive pricing still make solar energy less adaptable. However, it is expected that China will overcome these challenges with a proactive policy to utilize the potential of solar energy at all levels.

Archived News

The Chinese solar industry will achieve unprecedented growth in 2012, adding more than 2.8 GW. The strong growth of Chinese solar in 2012 is due to both the 12th Five Year Plan for Renewable Energy Development (2011-2015) and their feed-in tariffs (FiTs).

In February, China’s Ministry of Industry and Information Technology posted a plan that calls for certain polysilicon producers to reach 50,000 tons of annual production capacity by 2015; it also wants solar cell and panel makers to reach 5 gigawatts of annual capacity in the same time frame.

Like the rest of the solar sector the stock prices of Chinese solar companies have declined in the last half of 2011. However, domestic installations are expected to boost Chinese solar companies in 2012.

In 2010 China had only 893 MW of installed solar capacity, that number grew an additional 1.7 GW in 2011. Based on annual installed capacity China is expected to surpass the US in 2012 to become the third largest PV market in the world.

According to the 12th Five Year Plan, targets for installed capacity are expected to be set at 10 GW by 2015 and 50 GW by 2020. This 2015 target implies an annual growth of over 1000%.

The Chinese government said the new 5-year plan aims to promote domestic solar energy use and bolster Chinese manufacturers’ competitive edge in the global market that is marked by intensifying competition and trade disputes.

To make solar more competitive with conventional sources of power, the plan also calls for reducing the price of solar panels to 7000 yuan per kilowatt, or around $1 per watt, by 2015.

As part of the plan China is promoting the development of smaller-scale distributed solar projects in populated areas. This will attract private small and medium enterprises to the installation market, and large players will focus on bigger projects.

To guarantee market demand for the solar power produced, China has mandated minimum prices for FiTs grid operators of at least 15 cents/kWh. This is expected to be paired with clean energy quotas for grid operators.

Original Article on The GREEN MARKET Blog

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In the first half of 2013 shipments of PV modules reached 15 gigawatts with about 60 percent coming from Chinese PV, according to new TrendForce data. The news could spell trouble particularly for European PV manufacturers who aren’t able to compete with the inexpensive modules coming from China.

It also appeared that of the 54 gigawatts of PV module capacity 60 percent of it was Chinese. In fact, EnergyTrend found that, “Among the top ten manufacturers, only First Solar was not a Chinese manufacturer.”

Already a growing number of solar manufacturers in Europe have filed for bankruptcy or are seeking to reorganize. “For example, Solarezo, Conergy, and Gehrlicher all filed for insolvency and some manufacturers have started business restructuring,” TrendForce stated. SolarWorld has also run into problems in Germany and is seeking to restructure.  Meanwhile Panasonic plans to close its module plant Hungary in September.

“The future for PV manufacturing in Europe is worrisome due to the government subsidy reduction, high manufacturing cost, and competition from cheap Chinese products,” TrendForce’s EnergyTrend research division said. Chinese modules were being manufactured at 19 to 22 cents per watt, whereas European manufacturers were at least 27 percent higher in manufacturing costs. The low manufacturing costs made the the cheapest price for Chinese PV as low as 54 cents per watt, while the least expensive modules from other countries were costing 66 cents per watt. “Moreover, Chinese manufacturers can get a refund on export tax, thus the price for Chinese products would be about 30 percent cheaper in European market,” the company said.

EnergyTrend also noted that Chinese modules are continuing to gain traction in Europe as countries reduce their incentives for solar. Among them Germany, Italy and Spain—the leading markets for solar on the European continent have all reduced their incentive programs are likely to continue to do so. “With European governments continuously cutting the subsidies, in order for system investors to receive higher [returns on investments], Chinese modules have become the first choice for manufacturers,” Energy Trend said.

The European Union, largely due to the lobbying efforts of SolarWorld, has enacted tariffs against Chinese PV, since China has been found to be in violation of international trade laws for subsidizing its manufacturers. Similarly the U.S. has enacted tariffs against Chinese PV, but thus far it appears that China is outcompeting by underselling the competition. That said, however, the price drops of PV, which have forced some manufacturers out, are appearing to stabilize compared to the last few years.

Original Article on Cleanenergyauthority

China solar outlook 2015HSBC issued a bullish report on China’s solar industry this morning, saying that Beijing is now dead serious about controlling pollution. The bank upgraded its China solar demand outlook from 12GW to 15GW for 2015, and from 14GW to 16GW for 2016.

China is already the world’s largest market for solar. Beijing has set an ambitious goal 100GW of installed solar copacities by 2020.

China’s need to diversify away from its dependence on coal, which still makes up around two-thirds of of the energy mix, is well understood. We are all choking in foul air here! Sitting in Hong Kong, this blogger now has a lingering allergy-induced cough.

The more important question is implementation. Last year, Beijing insisted that the industry switch from the giant desert solar farms, or the utility scale generations, to smaller seaboard rooftops, or distributed systems. But the industry was not ready. As a result, in 2014, China likely have installed only 10.5GW solar systems, smaller than 2013′s 12GW.

chinese solar supplyChina said a U.S. ruling that will trigger tariffs on solar panels imported from China and Taiwan will hurt both local manufacturers and American companies that buy them.

The U.S. International Trade Commission yesterday ruled that solar products imported from China and Taiwan harm manufacturers, the final step for imposing dumping and anti-subsidy duties on the imports. It’s part of a clean-energy trade dispute between the world’s largest economic powers.

The move threatens global development of renewables and will ultimately hurt U.S. companies that benefit from low-priced solar components, China’s commerce ministry said today in a statement on its website. China will protect its own interests in the framework of the World Trade Organization and through the U.S. justice system, it said.

harry-caray-snl

China is upping its solar target once again, after having done so several times in past couple of years.

Last year, China raised the target to an eye-popping 21 gigawatts (GW) by 2015, and the new target of 35 GW is 67% higher than that.

That means, in just 3 years, China will have added five times the solar it has installed today – about 6.5 GW.

For perspective, consider that all the solar installed over the years adds up to 5.9 GW in the US, and that’s after some record-breaking years.

Since 2011, China had 2 GW of solar and has more than tripled it since then. 10 GW are planned for this year, for which $2.1 billion in subsidies have already been allocated for domestic solar project developers.

The country has every reason to do this. The air is so thick with smog that people can barely see, much less breathe, reaching record levels in Beijing this month. As China sees the real effects of climate change in catastrophic floods and drought, it’s got to become more energy efficient and reduce carbon pollution.

As of the end of 2011, China burned almost as much coal as the rest of the world combined, according to the International Energy Agency.

Then there’s its suffering solar industry. After flooding US and European markets with low-priced solar panels, China’s solar manufacturers are reeling from oversupply and too tight margins. The industry needs a local market to buoy flagging sales.

“We’ve got more pressure to save energy and reduce emissions as smog worsens due to pollution,” he said. China will use renewable energy to cut coal consumption and support the domestic industry amid U.S. and Europe anti-dumping charges against Chinese solar products, Shi Dinghuan, counselor of China’s State Council and president of the Chinese Renewable Energy Society, told Bloomberg.

Besides adding significant amounts of renewable energy, the government is also looking at ways to further raise energy efficiency. As of July 1, 2012, a trial is underway that charges residents higher electricity rates when they exceed baseline levels.

The country is also moving ahead on its cap-and-trade program, which goes into effect in 2015. Seven pilot programs in major cities will be rolled out this year and this month, China set a cap on carbon emissions at 4 billion tons of coal equivalent by 2015.

For the past two years, China’s carbon emissions growth offset significant cuts in the US and EU, resulting in a 3% increase in global emissions.

Other measures will incentivize dirty companies to clean up their act, such as China’s green credit policy. Last year, the government announced it would support development of seven industries through subsidies and loans. At the same time, banks will be required to deny loans to polluting, inefficient companies.

Guidelines have been issued that help lenders rate companies on their environmental and social risks.

And if companies fail environmental inspections, they won’t be allowed to file for an IPO.

Original Article on SustainableBusiness

 

Chinainvested US$34.6 billion in clean energy projects during 2009 – almostdouble US investments in the same period. China has more installed windpower capacity than any other country in the world. And the Asian poweris now tied with America as the most attractive location in which toinvest in renewable energy projects, according to the Renewable EnergyCountry Attractiveness Indices, published by project finance advisorsErnst & Young in June.

According to Ben Warren, Ernst & Young’s Environment and EnergyInfrastructure Advisory Leader, China’s performance results from itsdetermination to “build a dominant position in the global market fortechnology manufacture and supply.”

The Ernst & Young investment attractiveness score is calculatedfrom assessments of each country’s renewables infrastructure(electricity market regulatory risk, planning and grid connectionissues, and access to finance) and its renewables resources (onshore and offshore wind, solar PV and CSP, geothermal and biomass).

While China strengthened on the indices, the US has dropped back dueto the increasing likelihood that the much-awaited climate and cleanenergy bill will not be passed before the November mid-term elections.

The federal government had a direct effect on the performance ofrenewables sector industries in the US last year, according to theanalysis. The stimulus package that allowed operators to convertproduction tax credit or investment tax credit into Treasury grants wasvital in allowing pipeline projects to be completed during 2009.However, E&Y believes the stimulus has been less effective inmaintaining momentum into 2010. The rate of installation of windcapacity dropped in the first quarter of 2010 to its lowest since 2007.

The Ernst & Young analysis cites a number of points thatstrengthen the position for the US renewables sector. The need forhedges against unstable oil and gas prices, the need for energy security of supply, and an expectation that deepwater oil exploration will beslower, more regulated, more costly and less profitable, all promote the wisdom of investment in renewables.

But how should potential US investors in solar, for instance, reactto the rise of the Chinese with their plan for “a dominant position inthe global market?” (punctuation inside quotation marks)

The US media commentators on this subject can be split into twocamps, according to China energy consultant Chris Brown. One camp viewsChina as a global solar powerhouse that will eventually beat the US into submission. The other camp believes the Chinese are not serious aboutdeveloping a domestic solar market because of the difference in pricebetween coal-based and solar electricity generation.

The answer when viewed from ground level in China is  lot morecomplicated, says Brown.  There are some impressive solar policies inplace in China, but there is a lot of regional variation. “The mostinteresting solar policies are happening at the provincial level,” hewrites.

There are also some major implementation problems. China faces manyof the same challenges as the United States. The infrastructure forelectricity transmission between Chinese provinces is very limited. Ithas not managed to create a nationwide comprehensive feed-in tariff. And there are also energy storage issues that restrict the country’simpressive ambitions.

“When the China kicking our ass crowd points to the money Beijing isputting into clean tech, we need to closely watch how the money andpolicy trickles down to the local level.”

Source: https://2greenenergy.com/china%e2%80%99s-green-energy/4689/

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The Falling Cost of Solar Energy: Reasons and Implications

With our world suffering from an environmental crisis, everyone would naturally want to find a way to help save it somehow. One proven way to help the environment is for us to make use of renewable energy sources, particularly solar energy. But even though there’s already that solution laid in front of us, somehow not everyone is still engaged with it. And the primary thing that holds everyone back is the belief that solar energy is expensive.

But here’s the thing: that belief is actually inaccurate. In fact, in our current time right now, the costs of solar energy are dropping — and they will continue to drop in the future. 

Related article: Top Solar Statistics You Need to Know in 2019

Why Are Solar Energy Costs Dropping?

Over the last four decades, the costs of solar energy products — in particular, solar photovoltaic modules — have dropped by 99%. That is quite the dramatic drop, and it’s even more dramatic to know that the costs we have right now will continue to fall in the years to come. And though this drop is quite the good news, there is still one question that hasn’t been really addressed. And that is: what exactly are the reasons and factors for this dramatic drop?

Energy Policy Study: Looking at the “Low Level” and “High-Level” Factors

A team at MIT, which consists of Associate Professor Jessika Trancik, postdoc Goksin Kavlak, and research scientist James McNerney, conducted a study on this topic of the falling solar energy costs for the journal Energy Policy, which was published in December 2018. In their paper, they decided to look at the technology-level — or “low-level” — factors that have affected the cost by changing the modules and manufacturing process. Over the years that solar cell technology has been around, it has improved greatly. Solar cells right now are much more efficient at converting sunlight to electricity. Trancik then explains that factors like this are under the category of low-level mechanisms that deal with the physical products themselves.

In addition to that, the team also estimated the cost impacts of “high-level” mechanisms, such as learning by doing, research and development, and economies of scale. Some examples for this are the way improved production processes have cut the number of defective cells produced, which leads to improved yields, and the fact that larger factories have led to significant economies of scale.

This particular study covered the years 1980 to 2012, which is the period when the module costs fell by 97%. With this particular timeline, the team was able to discover that there were six low-level factors that accounted for more than 10% each of the overall drop in costs. And additionally, four of those factors accounted for about 15% each. With these findings, Trancik explains that the results point to “the importance of having many different ‘knobs’ to turn, to achieve a steady decline in cost. In other words, if there are more different opportunities to reduce costs, then it will be less likely to be exhausted quickly. 

The Taghizadeh-Hesary, Yoshino, and Inagaki Study

In 2018 as well, another study was conducted, this time by Taghizadeh-Hesary, Yoshino, and Inagaki. And for this particular study, they analyzed the price reduction in solar modules by examining the impact of five economic factors on solar module prices in countries from 1997 to 2016. The five countries were China, Germany, Japan, Korea, and the United States. And the five factors were wages, real interest rates, exchange rates, research and development (R&D) expenditure, and oil prices.

Taghizadeh-Hesary, Yoshino, and Inagaki examined the correlation between solar module prices and five economic factors using an econometric method. They were able to discover five key findings. These are as follows:

  1. The wages don’t have a big impact on solar module prices. This suggests that the solar module industry is not labour-intensive.
  2. Real interest rates have a significant impact on solar module prices in Germany, Japan, and the U.S. This suggests that the solar module industry is capital-intensive. 
  3. Exchange rates have a big impact on the solar module prices in Germany, Korea, and the U.S.
  4. R&D expenditure has a statistically significant impact on the solar module prices in China, Korea, and the U.S. This suggests that government investment in solar PV R&D expenditure has a positive impact on solar module manufacturing efficiency.
  5. Oil prices have a great impact on solar module prices in China, Japan, and the U.S. 

Based on these five findings, we can see that if the renewable energy industry were to excel, then the government should exert a lot of effort. For one thing, they should provide industries with low-interest finance so that the renewable business will accelerate. And for another, they should expand R&D expenditure toward renewable energy technology. This is because the technological advancements required through R&D enhance module performance efficiency, and this reduces the cost of the product. 

Related article: Top 10 Technological Breakthroughs in the Solar Industry 2019

Falling Cost of Solar Energy: What Are the Implications?

Solar energy will become cheaper than fossil fuels by 2020. 

The first obvious implication of the falling cost of solar energy is that soon enough, this form of renewable energy will finally be cheaper than traditional fossil fuels. According to IRENA’s Renewable Power Generation Costs in 2017, the cost of PV electricity has fallen by 73% since 2010 while the cost of generating power from onshore wind has fallen by 23% around the same time. And if the cost falls even further, then the organization says that all renewable technologies should be competitive on price with fossil fuels by 2020. 

To elaborate on this point further, we should compare the average cost of renewable energy and fossil fuels. Globally, onshore wind schemes are now costing an average of $0.06 per kWh, and the cost of solar PV is down to $0.10 per kWh. Meanwhile, the cost of electricity generation based on fossil fuels usually falls in a range of $0.05 to $0.17 per kWh. 

So, if IRENA is right and the prices for renewable energy will keep falling, then by 2020, onshore wind and solar PV projects could be consistently delivering electricity for as low as $0.03 per kWh. That will be quite an impressive feat.

It is now cheaper than running existing coal.

While it’s great to hear that solar can beat fossil fuels in the future, right now, we can relish in the fact that solar has actually beaten coal already. A new report by Carbon Tracker reveals that 42% of global coal capacity is currently unprofitable and the U.S. could save $78 billion by closing coal-fired power plants. 

Moreover, all over the U.S., renewable energy is beating coal on cost. The price to build new and solar has fallen below the cost of running existing coal-fired plants in Red and Blue states. In addition to that, Lazard’s annual Levelized Cost of Energy (LCOE) analysis reports that solar PV and wind costs have dropped a whopping 88% and 69% since 2009, respectively. Meanwhile, coal and nuclear costs have decreased only by 9% and increased by 23%, respectively. Even without considering the current subsidies, renewable energy costs can become considerably lower than the marginal cost of conventional energy technologies. 

Basically, all of this means that customers can save money when utilities replace existing coal with wind or solar. And with the prediction that clean energy generation will only continue to fall, that might actually become a reality sooner than we thought. 

Takeaway: Falling Costs of Solar Energy Boosts Global Climate Action 

With the implication that solar energy will become really cheap in the years to come, it’s understandable if we get really hopeful of the future. As was already mentioned earlier, climate change is real and happening in our time right now, and if we want to put an end to all these environmental problems, we should do something. Solar energy is one of the best things that we can do right now, and it’s great to hear that more people have resorted to this form of energy source. But to hear that in just a year or so, solar will be so cheap that it will be even more accessible for everyone? Well, that’s a piece of even better news. 

That is why right now, we’re understandably hopeful of what tomorrow can bring. We’re hopeful that governments all over the world will fund the renewable energy industry so that better technologies will be developed, thus lowering the prices of the products and services themselves. We’re hopeful that everything will go to plan and that the cost of solar energy will continue to fall. And of course, we’re hopeful that all the falling prices of solar energy will really lead us to the restoration of our planet’s glory. 

Right now, everything is still up on the air. But with all this good news we’ve heard about the falling cost of solar energy, we can dare say that we’re on our way there. 

Related article: 10 Corporations That Have Gone Big On Solar

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Top 10 Solar Associations in India

Solar energy has become quite popular in this day and age. And because of that, there is also quite a strong rise of organizations and associations that aim to promote this particular form of renewable energy. As solar installers, it’s a great advantage for you to know at least some of these associations. This is because solar associations will be able to provide you with news about the solar industry and organize solar conferences and trade shows. In other words, solar associations can help you grow your business by providing you with the necessary information. 

Luckily for you, every country in the world has its own list of solar associations. To be more particular, India is known for having quite a lot of active solar associations within the country. So, if you’re a solar installation business located in India and you’re looking for potential solar associations to follow, here is a list of ten reputable solar associations within the country. 

Related article: Solar Power Statistics in India 2019

Top Solar Associations in India

Solar Energy Society India

Website: https://www.sesi.in/

Established in 1978, the Solar Energy Society of India (SESI) is the Indian section of the International Solar Energy Society (ISES). The association’s interests cover all aspects of renewable energy, including characteristics, effects, and methods of use. In addition to that, the association also provides a common ground to all those who are concerned with the nature of and utilization of renewable energy sources. 

SESI is interdisciplinary in nature, and its members are the leading energy researchers and manufacturers of renewable energy systems and devices in the country. As for their activities, the association actively publishes monthly newsletters (aptly named SESI News Letter) and the SESI Journal, which is a bi-annual technical journal that contains papers on renewable energy utilization, technical notes, and other items of interest. Additionally, they host organizations of one-day workshops on selected topics and organizations of the International Congress on Renewable Energy where numerous scientific and technical papers are presented and discussed every year. 

National Solar Energy Federation of India

Website: https://www.nsefi.in/

The National Solar Energy Federation of India (NSEFI) is an umbrella organization of all solar energy stakeholders of India. This particular solar organization works in the area of policy advocacy. They are also a national platform for addressing all issues that are related to solar energy growth in India. NSEFI covers all activities that are related to solar PV, solar thermal, solar agricultural pumps, encouragement to R&D, capacity building, and spreading awareness. 

The membership of NSEFI is very diverse. Some of the groups that are members of this organization are solar developers, manufacturers, EPC contractors, rooftop installers, system integrators, and many more. Additionally, they work in a complementary manner with the central and state governments for achieving India’s national solar target of 100 GW by 2022. 

Indian Solar Manufacturers Association

Website: https://www.indiansma.com/

The Indian Solar Manufacturers Association (ISMA) is a registered association of companies that are engaged in the manufacturing of solar cells, modules, and glass for modules in India. The association’s members represent 80% of the manufacturing capacity in India. They also have the combined investments of Rs 10,000 crores in manufacturing facilities. And finally, the association has an installed capacity of more than 3 GW for cells and 9 GW for modules every year. 

Solar Thermal Federation of India 

Website: http://stfi.org.in/

The Solar Thermal Federation of India (STFI) is a pan-India association that is working towards the larger interest of the industry. This association has six main objectives: 1) improving the interface with government agencies, 2) creating product standards, 3) collecting and maintaining industry data, 4) communicating and networking, 5) human resources development, and 6) market development. 

The members of STFI are made up of reputable solar companies in India. Some of these companies include Kamal Solar, Jain Irrigation Systems Ltd., Solar Hitech Geysers, SunRay Empowering Solar Living, Inter Solar, Photon, and Borosil. 

Rajasthan Solar Association

Website: http://rajasthansolarassociation.com/

The Rajasthan Solar Association (RSA) is a business organization that is set up under the Rajasthan Non-Trading Companies Act 1960 for the promotion of solar power in Rajasthan. RSA is made up of prestigious members that are top international and national companies. Some of these companies include Vikram Solar, Fortum, Amplus Solar, Sky Power Global, Acme Solar, and many more. 

Since the association’s inception, RSA has played a key role in shaping encouraging solar policies and suitable regulatory frameworks in Rajasthan. Moreover, they also facilitate the industry-academia interface, generate awareness on contemporary industry issues, and promote research in the field of the solar industry.

Karnataka Renewable Energy System Manufacturers Association

Website: http://kresma.org/

Established in 2014, the Karnataka Renewable Energy System Manufacturers Association (KRESMA) is a non-profit association that represents a diverse membership across the industries of solar power, solar heating, wind, biomass, biofuel, and waste-to-energy. The association always works in conjunction with its members so as to achieve the right regulatory framework and incentives for renewable sources to deliver an increasing contribution to the state electricity, heating, and energy needs. 

Some of KRESMA’s esteemed members are Powertronix Systems Ltd., Prolight Systems, Microsun, Sundrop Solar Systems, Southern Batteries Pvt. Ltd., SVL Trading Corporation, and many others. 

Solar Power Developers Association

Website: http://solarpda.com/

The Solar Power Developers Association (SPDA) is a national association that represents India’s upcoming solar power generators and developers. The association’s focus is primarily on solar energy generation, and so, they are constantly working to create an environment that is conducive to the development of this nascent sector. Aside from that, they are also working to promote solar energy as the solution for India’s energy security needs. 

In addition to focusing on solar energy generation, SPDA also has initiatives that are focused on policy, strategic, financial, legal, regulatory, and technical issues in the energy sector. 

Solar Energy Association

Website: http://www.tnsea.in/

Solar Energy Association was formed in 2012 when they were concerned with the power crisis in Tamilnadu that was affecting the industries’ productivity and difficulties faced by the people in all walks of life. That is why the primary objective of this association is to promote the development of solar energy in India. In order to achieve this goal, they have pooled in investors, manufacturers, EPC contractors, suppliers, and state government bodies to do the solar energy parks in a faster and proper manner at an affordable cost. 

As of right now, Solar Energy Association has two major plans for their future. The first is to appoint the world’s best consultants to find out the best state-of-the-art technology, the right equipment, the right price for bulk purchases, etc. And the second plan is to open regional offices in Chennai, Madurai, Trichy, etc. 

Indian Federation of Green Energy

Website: http://www.ifge.org.in/

Founded in 2015, the Indian Federation of Green Energy (IFGE) is a partnership of committed groups of visionaries and stakeholders from diverse industries, businesses, and services for creating a sustainable energy ecosystem and mitigating challenges and concerns. IFGE is an umbrella organization as it represents the interests of the entirety of the national renewable energy sector — bio-energy, solar, wind, hydro, tidal, geothermal, and the like.

IFGE focuses on the area of green energy because they want to promote energy security in a sustainable manner. And aside from that, it is also the association’s goal to promote India’s viewpoint on economic development without compromising on the global issue. 

Solar Energy Corporation of India

Website: http://seci.co.in/

Established in September 2011, the Solar Energy Corporation of India (SECI) is a CPSU under the administrative control of the Ministry of New and Renewable Energy (MNRE). This association is the only CPSU that is dedicated to the solar energy sector, and it was created to facilitate the implementation of JNNSM and the achievement of targets set therein. 

In the present outlook of the renewable energy sector in India, particularly in solar energy, SECI has a major role to play in its development. For one thing, the association is responsible for the implementation of a number of schemes of MNRE, such as the VGF schemes for large-scale grid-connected projects under JNNSM and solar park schemes. And for another, SECI has ventured into solar project developments on turnkey bases for several PSUs. Additionally, the association also has a power trading license and is active in this domain. 

Takeaway: Looking for Solar Associations in India to Follow?

As solar installers, one of the crucial things that you have to do is to remain updated on the current news of the solar industry. There are many ways to achieve that, but one foolproof way is to follow solar associations. After all, solar associations are groups that are formed with the singular goal of promoting solar energy, so of course, they will be up-to-date with the solar industry. Aside from that, solar associations also organize conferences and trade shows where solar professionals congregate. Long story short, solar associations are important for your business because they keep you well-informed as well as offer you opportunities for networking. 

Fortunately, there are solar associations in every country of the world. India, in particular, has a roster of them, which is great news if your solar installation business is in this country. The ten mentioned above are only some of the reputable ones. There are obviously more associations and organizations dedicated to solar out there, but this list is a good starting ground. 

So, follow these solar associations and find others that are mentioned. Take advantage of the benefits that these solar associations for you, and your solar installation business will undoubtedly grow.

Related article: Top 19 Solar Industry Influencers That You Should Follow

Solar Power Statistics in India 2019

Solar Energy Market in India

India is emerging as one of the major solar energy markets in the world and in the process of catching up with the two leading countries like China and the US. 

Currently, India ranks as the third-largest solar market in the world. 

Over the past decade, a lot of things have changed in the Indian solar market. After a significant policy reshuffling by the current government and increasing adaptation of solar energy throughout the country have proved to be the right move towards achieving renewable energy solutions.

The Indian government has set a target to reach 100 GW of solar capacity by 2022.

The increased capacity will help to meet one of the goals according to the Paris climate agreement. The goal is to make renewable sources account for 40% of the total power-generation capacity by 2030.

       Fig.1: Estimated Potential of Renewable Power in India 2018 (Source: mospi.gov.in)

In 2018, the country’s cumulative solar capacity was 28 GW, and in 2019, it is already set for a record solar capacity additions.

A report by Mercom Communications India shows that solar installations in India have reached 8.3 GW in recent times, including rooftop solar panels and large-scale solar units. 

The same study further shows that there was a spike in rooftop installations in the country by a substantial 66% year-on-year with total cumulative installations were nearly 3.3 GW at the end of 2018. 

Another report by renewable energy consultancy firm Bridge to India, new installations are likely to reach approximately 14 gigawatts (GW) in 2019. This is nearly 50% more than the capacity added in 2018. 

Adding new solar capacity will take India’s installed solar capacity to almost 38 GW by the end of 2019. 

Overall, India is set to add up nearly 16 GW of clean energy capacity in 2019, which are mostly driven by large-scale solar projects.

On a year-to-year basis, the share of solar capacity in India went up from 6.6% in March 2018 to 8.4% in March 2019. 

Among all the renewable energy sources, solar accounts for nearly 38% of the installed capacity, which was up by 2% compared to the earlier quarter.

Currently, as many as 80 large-scale projects are in the pipeline of 5 MW capacity or more.  

Related article: Top 10 Solar Associations in India

Leading Indian states in Solar Energy in 2018-19

The government of India has set a target of solar installed capacity of 100 GW by 2022. 

Achieving this installation goal will be a cumulative effort by the Indian states. 

Currently, the states in the southern part of India are ahead when it comes to solar panel installations by the end of 2018. 

Other states that are trying to stay close are mainly Telangana, Rajasthan, and Gujarat. 

Fig.2: Top 10 Indian States in Solar Installation (Source: mercomindia)

Karnataka

Currently, Karnataka is leading the solar race among the Indian states. According to Mercom’s India’s Solar Project Tracker, the state has gone past 5 GW of total solar installations in 2018. It has a 24% market share of the total installed capacity in India.

It seems that Karnataka is likely to maintain its lead in 2019, while other states such as Telangana, Rajasthan, and Andhra Pradesh will try to catch up as the year goes.

Telangana

Telangana is the second among the leading states with an installed capacity of 3.2 GW. There is a pipeline of solar projects with approximately 200 MW capacity. 

Rajasthan

Rajasthan is another state with a high potential for solar market expansion due to its sunny weather. Currently, the installed capacity in the state is nearly 2.3 GW. Also, there is a significant solar project pipeline of nearly 1.5 GW.

Andhra Pradesh

The solar installed capacity of Andhra Pradesh is 2.3 GW, and the state has a project development pipeline of more than 600 MW.

Tamil Nadu

Tamil Nadu has installed a solar capacity of 1.8 GW and has a substantial solar project pipeline of more than 2 GW.

Gujarat

Gujarat has nearly 1.4 GW of installed solar capacity, and a project development pipeline of more than half a gigawatt.

Madhya Pradesh

The solar installed capacity of Madhya Pradesh is 1.3 GW, and another gigawatt of projects that are in the project pipeline.

Maharashtra

Maharashtra’s installed solar capacity is 1.1 GW, and the state has projects of 350 MW in the pipeline.

Punjab

The installed solar capacity in Punjab 810 MW, and currently has a small pipeline of solar projects.

Uttar Pradesh

The 10th spot goes to Uttar Pradesh, which has an installed capacity of 635 MW and has a project pipeline of around 300 MW.

The remaining Indian states together have 4% solar installed capacity. 

Solar Growth Statistics

India continues to add renewable energy capacity to its overall energy mix.

During the financial year 2018-19, solar energy will account for nearly 22.3% of India’s energy capacity mix. This is a significant spike from the previous financial year (2017-18) of 20.3% share. 

India has recently gone beyond the landmark of 80 GW in terms of renewable energy capacity. Out of the total capacity, the share of solar energy is 29.55 GW, and the rest is wind power with a capacity of 36.37 GW. 

As mentioned earlier, the government of Indian has set a target of reaching 175 GW of clean energy capacity by 2022, in which 100 GW for solar energy. 

According to the Power and New & Renewable Energy Ministry, to keep pace with this energy target, a total of 29.55 GW of solar energy capacity has been installed in the country as on June 30, 2019. 

The major contributing factor to Indian’s overall solar energy market growth is attributed to large-scale solar projects.

Fig. 3: Large-scale Solar Capacity Addition 2019 (Source:qz.com

Besides large-scale projects, installations of rooftop solar panels also continue to go up.

Residential consumers in India still have not completely adopted the rooftop solar panels due to their relatively high cost. 

Commercial and industrial buildings, however, buy grid electricity at significantly higher rates than residential consumers and find it more economical to switch to solar panels.

Fig. 4: Rooftop Solar Capacity Addition – 2015-19 (Source:qz.com)  

At the end of March 2019, India’s total installed power capacity was 358 GW with renewable energy accounted for 80 GW, comprising 22%. It is an increase of 1.1% compared with the financial year 2017-18 with a cumulative energy installation of 70 GW.

What are the reasons behind the surge of the solar industry? 

One of the major reasons behind the surge in the solar energy industry is the government’s push to reach 100 GW of solar capacity by 2022 as per the Paris climate agreement.

The state and central governments are issuing tenders and inviting bids for large-scale projects. The main customers of these projects are state-owned power distributing companies.

Commissioning these projects may take up to 2 years, and that is when it is considered that the new capacity is added.

Here is a list of the primary reasons that have pushed India towards solar energy growth:

Government Initiatives & Policies – The government specialized bodies like the Ministry of New and Renewable Energy (MNRE) have played a crucial role in revising and rolling out new energy policies.  

By implementing those policies and setting aggressive targets, it has been possible for the country to become one of the major solar energy markets. 

Incentives – Since 2010, there were several subsidies and incentives that the government implemented that have encouraged the process of adopting solar energy. 

In the beginning, there was up to 30% that the government provided for all rooftop solar projects, boosted the development of the rooftop solar market.

Some of the incentives that contributed to the growth of the solar market were under 80-1A, rolled out between 2010 and 2015. Those incentives had given major relief to solar developers by offering tax breaks. 

Low Cost of Labour – Low labour cost in the Indian solar market helped to employ a large number of people, which made it possible to speed up the projects. 

The easy availability of low-cost labour offered consumers energy at the lowest cost as well as created a significant number of jobs in the market. 

These days, in India, a large solar plant with 500 MW capacity can be set up within 18 months, whereas a similar hydro or thermal plant might take 2-3 times more.

Streamline Land Acquisition – In 2016, the government had introduced guidelines that instructed the state governments to identify suitable large lands with an appropriate level of insolation. 

Also, the states had to prioritize the use of government non-agricultural or wasteland to speed up the acquisition process for establishing solar parks. 

The Economic Index of the Solar Industry

Renewable energy has secured a prominent place in the Indian energy space to its low-cost power generation capacity.

India’s new status as the cheapest solar energy producer has further created a shift towards complete reliance on renewable energy. 

A recent report by The International Renewable Energy Agency (IRENA) shows that the costs for setting up solar PV projects in India dropped by nearly 80% between 2010 and 2018. 

Fig.5: Solar Capacity in 2019 (Source:qz.com

The initiatives taken by the government of India as early as 2010, fostered consistent growth in the solar energy segment. 

The encouraging surge in the energy sector had further helped the solar industry to get the cost advantage through the economies of scale in a short period. 

The total installed solar capacity in 2010 was 10 MW, and subsequently, the installed capacity went up significantly to  6000 MW. Overall, it was a spike of 600 times in just 6 years. 

In March 2019, the total installed solar capacity in the country reached 30 GW, which was a jump of 5 times in 3 years. 

Currently, solar energy has reached 30% of the target set of 100 GW by 2022, which is contributing 38% to the total renewable energy capacity.  

Solar Energy Production Statistics

The capacity of solar energy production in India has gone up significantly in recent years. A report by the Central Electricity Authority (CEA) shows that in the Q1 of 2019, solar power accounted for more than 11.4 BUs of electricity produced. 

There is an increase of 34% year-over-year (YoY) from 8.5 BUs energy produced in the Q1 of 2018.

During the financial of 2018-19, India generated solar power of nearly 39.2 BUs, which is an increase of almost 52% compared to the previous financial year 2017-18.

Fig.6: Solar Electricity Production in India (Source: mercomindia)

Another report by Mercom’s India Solar Project Tracker reveals that installed solar capacity in the country will increase by 32% by the end of 2019, compared to 22.7 GW installed in the previous financial year. 

Currently, renewable energy initiatives in India have boosted the solar industry. It has further helped the nation become the second most attractive market in the world for equipment related to renewable energy.  

The transition of the solar energy industry in India has got the much-needed momentum, keeping up with yearly energy target. Despite the fact that the target of 100 GW of solar energy by 2022 seems ambitious, India has geared up with a clear intent to achieve it. 

In the current global energy market scenario, India has already surpassed the US to become the second-largest solar power market in the world (based on solar power installations). 

As stated earlier, the government is focusing more on initiating and completing large-scale solar installations in the country, which accounts for 87% solar capacity.

On the other hand, rooftop solar installations are also set to pick up. During FY 2018-19, rooftop installations accounted for 1,836 MW and contributed significantly to the country’s total energy capacity of 53%.

Related article: Solar Power Statistics in the USA 2019

Conclusion

Deployment of solar projects and the production of solar energy have gone up substantially in India. However, there are still some gray areas, particularly in the area of solar equipment manufacturing, as only a handful of companies are dominating this segment. 

To become a global leader in the solar energy segment, the country cannot rely mainly on large-scale solar projects. India has the second-largest population in the world, and reaching out to residential customers with low-cost solar energy will expand the market substantially.  

Currently, the need-of-the-hour is to develop an end-to-end value chain to be more competitive and achieve sustainable energy growth in the long run.

Related article: Top 10 Solar Mounting System Manufacturers in India

Top 10 Solar Wafer Manufacturers in China

For every solar energy system, a wafer is one of its most important components. This is because a wafer, also called a slice or substrate, is a thin slice of semiconductor, such as crystalline silicon, that is used for the fabrication of integrated circuits and, in the case of photovoltaics, to manufacture solar cells. With that description, we can see the absolute necessity of wafers in solar energy systems — and by extension, in solar installation businesses. Without wafers, solar systems and solar installation businesses won’t exist. 

Because of the importance of wafers for solar energy systems, it’s understandable that you as solar installers would have a strong need for them for your business. Luckily, manufacturers and wholesalers of wafers exist, so they can definitely help you out. China is famously known for having a lot of these manufacturers and wholesalers. That is why if your solar installation business is located in China, you can surely find a reliable company within your own country.

In order to help you with your search, here is a list of ten manufacturers and wholesalers of wafers in China that you can look up.

Related article: Top 10 Solar Manufacturers in China

Top Wafer Manufacturers or Wholesalers in China

DMEGC Solar

Website: http://www.dmegcsolar.com/

Founded in September 2009, the DMEGC Solar Division is a company that specializes in developing, manufacturing, and marketing both monocrystalline and polycrystalline silicon wafers, cells, and modules. The company aims to have a consistent focus on quality and technical innovation of their products. For that reason, they have implemented the latest technologies and state-of-the-art facilities for the production of ingots and rods, solar cells, and solar modules. 

The DMEGC Solar Division is part of the DMEGC Magnetics Group that employs over 19,000 people and achieves annual sales in excess of $588 million. As of right now, the company has an annual production capacity of 6,000 MTA (polysilicon), 500 MW+ (wafer), 1.6 GW (solar cell), and 900 MW+ (modules). 

JA Solar Holdings

Website: http://www.jasolar.com/

Founded in 2005, JA Solar is a manufacturer of high-performance photovoltaic products, such as the silicon, batteries, components, and photovoltaic power plants. The company has about 11 production sites and more than 20 branches all over the world. As a result, they have a product footprint in over 100 countries and regions, with their products being widely used in terrestrial photovoltaic power plants as well as industrial, commercial, and residential distributed photovoltaic systems. 

Since the company has constant technological innovation, solid financial advantages, and well-developed global sales and service network, JA Solar has been recognized by domestic and foreign customers. In addition to that, they have been listed in Fortune China Top 500 and Global Top 500 New Energy Companies. 

Daquan Group

Website: http://www.daqo.com/

Daquan Group is a leading manufacturer of electrical, new energy, and rail transportation. The company primarily develops and produces high and low voltage electrical equipment, intelligent components, and Internet access systems. 

The company boasts quite a wide array of products. To begin with, in the field of electrical equipment, they offer GIS, medium and low voltage electrical equipment, transformers, power system automation, and many more. Meanwhile, in the field of new energy, they provide polysilicon, silicon wafers, solar cells, and other solar components. And finally, in the field of rail transportation, the company has cooperated with Swiss Sailing Company to introduce the world’s advanced DC switching technology to provide customers with rail transit traction power supply equipment and system solutions. 

Dongfang Electric Emei Semiconductor Materials

Website: http://www.emb739.com/

Dongfang Emei Semiconductor Materials Co., Ltd. is a high-tech enterprise located in the famous tourist resort at the foot of Mount Emei. The company has provided semiconductor materials for many industrial sectors and research fields of electronic information, energy, transportation, machinery, and electricity. Additionally, they have also provided critical materials for the national defence industry and has made important contributions to the CPC Central Committee, the State Council, the Central Military Commission, and many more. 

Jinko Solar

Website: https://www.jinkosolar.com/

Jinko Solar is one of the largest and most innovative solar module manufacturers both in China and all over the world. The company distributes its solar products, solutions, and services to a diversified international utility, and their customer base can be found in countries like the U.S., Japan, Germany, the U.K., Chile, South Africa, and the like. As of March 2019, Jinko Solar has an integrated annual capacity of 10.5 GW for silicon wafers, 7 GW for solar cells, and 11 GW for solar modules. 

Tangshan Haitai New Energy Technology

Website: http://www.htsolargroup.com/index.html

Tangshan Haitai New Energy Technology Co., Ltd. is a manufacturing company that has been in the industry of photovoltaic technology for more than ten years now. The company’s full range of products has been listed in the list of enterprises in the photovoltaic manufacturing industry-standard conditions of the Ministry of Industry and Information Technology. Additionally, their products have passed the IEC61215, 61730 standard test as well as obtained many certifications such as the American UL, German TUV, CQC, and CEC certifications. 

Haitai has also established a stable cooperative relationship with well-known companies like Sharp, National Power Investment, Huadian Group, and China Merchants New Energy. As of right now, the company has a component design capacity of 4.5 GW domestically and 1 GW overseas. 

Shanxi Lu’an Photovoltaics Technology

Website: http://www.luansolar.com/

Founded in 2009, Shanxi Lu’an Photovoltaics Technology Co., Ltd. is a company that specializes in manufacturing photovoltaic products. The company uses the industry’s most advanced diamond wire cutting process, close-gate component process, PERC technology, and black silicon technology so that their products will reach the international advanced level. 

All of the products that Luan Solar offers have to undergo the most stringent quality checks and high-temperature harsh environmental testing. Because of the company’s commitment to maintaining the quality of their products, they have received recognition in the form of certifications. Some of the certifications that they have received are the German Rhine TUV certification, UL certification, ISO9000 quality management system certification, and many more. Aside from that, Luan Solar has also won numerous awards such as Top 10 National Brands of China Good PV, Top 10 Suppliers of Photovoltaic Batteries/Components, and Quality PERC Battery Suppliers. 

Luoyang Single Crystal Silicon Group 

Website: http://www.ly-si.com/

Luoyang Single Crystal Silicon Group is a high-tech enterprise that aims to provide silicon materials for scientific research, information industry, and new energy industry. The company was established back in 1965 and was the first large-scale state-owned silicon material manufacturer that was approved by Premier Zhou Enlai. 

Throughout the years, Luoyang has done everything they can to improve the quality of their products and services. That is why as of right now, they can produce 1.12 million 5-inch circuit-grade silicon polishing wafers and 3.6 million 6-inch circuit-grade silicon polishing wafers. Additionally, they can develop and produce 50,000 8-inch silicon polishing wafers per month. With their products showing constant quality, it is no wonder that Luoyang has a loyal customer base all over the world.

Zhejiang Sunflower Light Energy Science and Technology

Website: http://www.sunowe.com/en

Established in 2005, Zhejiang Sunflower Light Energy Science and Technology LLC, or simply known as SUNOWE, is a company that mainly engages in R&D, production, and sales of solar energy batteries and components. For that reason, the company has a complete industrial chain of the production of polycrystalline silicon wafers, solar energy batteries, and components as well as the investment and construction of photovoltaic stations. 

SUNOWE’s products have been sold to tens of nations and regions, including Europe, America, South Africa, and Southeast Asia. In addition to that, the company has also been included in the list of “Standard Conditions of Photovoltaic Industry and received ISO9001 Quality Control System, ISO14001 Environmental Management System, and GB/T28000 Career Health and Safety Management System certifications. 

Jiangsu Huantai Group

Website: http://www.ht-stech.com/

Jiangsu Huantai Group was founded in 1988 in Yangzhong City and entered the photovoltaic industry in 2003. Since then, the company has engaged in the manufacturing of solar photovoltaic wafers and has two manufacturing bases and six-core companies. As of right now, their wafer manufacturing scale is 10 GW: 6 GW for single crystal, 3 GW for polycrystalline, and 1 GW for cast single crystal. 

Huantai Group pays close attention to green manufacturing and application. That is why they have accumulatively invested 368 million yuan and completed 20 energy-saving technological transformation programs. Aside from that, they have built a distributed roof power station of 7.68 MW and a PV “fishing and light integration” power generation project of 30 MW. As of 2018, the company has achieved a 20% increase in wafer production and sales and a sales income of 3.75 billion yuan. This makes them one of the reputable companies to manufacture and sell silicon wafers.

Related article: Top 10 Solar Tracker Manufacturers in China

Takeaway: Looking for a Manufacturer or Wholesaler of Wafers?

As a slice of semiconductor, a wafer is incredibly needed in solar energy systems so as to be able to generate electricity. If a solar system has no wafers in it, then it’s practically useless. That is why for every solar installation business out there, acquiring high-quality wafers for their solar systems is a must. 

Because of that, it is then a good thing that manufacturers and wholesalers of wafers exist and can be found literally anywhere in the world. If your business is in China, then you’re even luckier because China houses quite a number of these manufacturers and wholesalers. The ten companies mentioned in this list are only some of the hundreds — even thousands — of companies that can provide you with wafers for your business. If you are just starting out in your search for reliable manufacturers or wholesalers, this list is a good place to begin. 

So, look up each of the companies mentioned. See what they have achieved, and narrow the list down to the ones that you like. Then search for other manufacturers and wholesalers out there if you like. Just make sure you’re putting a lot of effort into researching. The quality of your products and the success of your business all rely on your chosen manufacturer or wholesaler. So be sure that you will choose wisely. 

Related articles: Top 10 Marketplace Websites to Buy Wholesale Solar Panels (in Bulk)

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Top 10 Solar Reflector Manufacturers in China

Every solar installer knows that in order for their business to successfully take off, the solar systems that they offer to install must be in perfect shape. This means that every component — be it big or small — has to be of the best quality so that the entire system will be able to produce an ideal output. Now, there are a lot of components that make up a solar system, but one component that you should be mindful of is the solar reflector. 

A solar reflector, oftentimes known as a solar mirror, contains a substrate with a reflective layer for reflecting the solar energy. Sometimes, it also contains an interference layer so as to tailor the reflectance. The primary purpose of solar reflectors is simply to increase the sunlight intensity onto the panel by reflecting sunlight that would normally have missed the panel. For that reason, even though solar reflectors aren’t required in solar systems, it is still highly recommended to incorporate them anyway. After all, solar reflectors can help produce more energy. 

Related article: Top 10 Solar Manufacturers in China

Top Manufacturers or Wholesalers of Solar Reflectors in China

Now that we’ve established the advantages that solar reflectors offer, you might be thinking that you want to have them for your business. Fortunately, there are a lot of manufacturers and wholesalers that can help you out with that. China, in particular, is known to have quite a number of these said manufacturers and wholesalers. That is why, if you’re a solar installation business in China and you’re in dire need of a solar reflector, here are ten manufacturers or wholesalers that you can look up. 

Qingdao Huneng International Trade

Website: http://hunenggroup.aidnotest.com/

Established in 2009, Qingdao Huneng International Trade Co., Ltd. is a company that is committed to manufacturing and exporting all kinds of raw and processed glass and mirror products for architectural, decorative, and residential use. Their main products include clear float glass, ultra-clear float glass, reflective glass, tempered glass, and many more. 

The company has been in operation for about a decade now, and in that time, they have expanded to countries beyond China. In fact, they have exported their products to more than 90 countries all over the world. Some of these countries are Thailand, India, Bangladesh, Vietnam, United Arab Emirates, Uganda, South Africa, Tunisia, Haiti, Brazil, Saudi Arabia, and many more. 

Sinoy Mirror 

Website: http://www.sinoymirror.com/

Sinoy Mirror Inc. is a Sino-US joint venture that is incorporated by Qingdao Sinoy Group and Plantra Inc. in 2004. The company is one of the large-scale mirror manufacturers in China, and they supply customers at home and abroad with high-quality mirror glass (stock sheet, jumbo sheet, cut-size) and shaped mirrors. Their main product series consists of high-quality double-coated silver mirror glass, aluminum mirrors, and environmental friendly mirrors. To be more specific, some of their popular products include the jumbo mirror sheets, silver mirrors, low-iron mirrors, solar mirrors for CSP power stations, coloured mirrors, and processed mirrors. 

The company has about 220 well-trained staff, including 20 professional mirror-processing technicians. They also have a mirror-testing laboratory with the most advanced inspection facilities and strict quality system. Because of their dedication to maintaining the quality of their products, Sinoy Mirror has received the ISO9001: 2008 certification as well as the admiration and respect from their customers all over the world.

Qingdao Migo Glass

Website: https://www.migoglass.com/

Qingdao Migo Glass Co., Ltd. is a China-based integrated enterprise that specializes in the production and sales of building glass and solar glass. The company is under the management of Migo Group, and they are operating more than eight raw material and processed glass branch factories around China. 

MigoGlass supplies all types of solar glass and greenhouse glass. Some of their most popular products include patterned glass-clear and coloured, processed glass like tempered glass, bending glass, laminated glass, insulated glass, mirror glass, reflective and tinted glass, and many more. Their processed glass is particularly widely used for glass greenhouse, flat solar collectors, solar PV modules, windows and doors, shower enclosures, and furniture. 

With over a decade of experience, MigoGlass has been able to win over customers for their high quality, reasonable price, and efficient shipment. 

Henan Signi Aluminium

Website: http://www.signialuminium.com/

Henan Signi Aluminium Co., Ltd. is one of the leading aluminum industrial corporations in China. The company is particularly known for producing and marketing aluminum hot-rolled thick plate, aluminum circles, brazing aluminum sheets/strips, solar reflective plates, and many more. 

Their products are generally applied to numerous fields, such as moulding, vehicles, cookware, brazing, solar energy, and building decorations. Signi Aluminium has an annual production of 250,000 tons, and they also ship to over 31 counties all over the world. Moreover, they have also received ISO9001: 2008 certification as well as CCS. 

Vital Industrial Group 

Website: http://www.vitalglass.com/

Vital Industrial Group Ltd. is a professional glass manufacturer and supplier in China. The company boasts a wide variety of products that they offer at competitive prices and top quality. Some of their most common products include clear float glass, ultra-clear float glass, tinted float glass, reflective glass, mirror, vacuum glass, and many more. 

The products of Vital Glass sell well in 35 cities, provinces, and autonomous regions within China. But they are also popular overseas, particularly in the 80 countries and regions in Africa, South America, Europe, and Asia that they have served. Because of its immense popularity, Vital Glass has expanded its product variety so as to provide customers with an even wider choice of quality products for residential, architectural, automotive, and decorative uses. 

Rider Glass

Website: http://www.riderglass.com/

Rider Glass is a reputable glass supplier that has been providing top services for over 25 years now. To be more specific, the company manufactures and exports a variety of glass products for architectural, automotive, decorative, and residential uses. Additionally, they have a wide array of both raw and processed glass products in various colours and customizable options so as to make it even easier for their customers to make their glass purchasing decisions. 

With over two decades of experience, Rider Glass is a respected company. In the time that they’re active, they have exported raw and processed glass products to more than 126 countries all over the world. 

Changzhou Dingang Metal Material

Website: http://www.cnchangsong.com/

Located in the Changzhou City of Jiangsu Province, Changzhou Dingang Metal Material Co., Ltd. is a market leader in manufacturing galvanized steel coil, galvalume steel coil, colour-coated steel coil, anodized mirror aluminum coil, and more.  The products that the company offers have been widely used in many fields, such as buildings and construction, electronics, transportation, appliances, etc. In addition to that, they have exported their products to over 150 countries all over the world, some of them being Russia, Australia, Canada, Brazil, Chile, Japan, Korea, Germany, Italy, and many more.

Qingdao Rexi Industries

Website: https://www.rexiindustries.com/

Established in 2005, Qingdao Rexi Industries is a professional glass manufacturer and glass and aluminum solutions provider in China. The company has a wide and comprehensive range of products that are manufactured with an advanced design and engineering technical requirements of modern building envelopes. Some of their popular products include tempered glass, laminated glass, insulated glass, float glass, mirror glass, aluminum windows, doors, and curtain walls. 

Rexi products are highly praised by importers and end-users all over the world. And for that reason, they have clients in more than 100 countries around the world. Additionally, the company has received numerous certifications for its products, particularly the European CE, the American SGCC, IGCC, the British BSI, the French Cekal, and the Australian CSI. 

Qingdao Best Glass

Website: http://www.chinaglassmirror.com/

Qingdao Best Glass Co., Ltd., also sometimes known as Qingdao Float Glass, is a company that has been in the glass industry for over 20 years now. The company deals with various kinds of high-quality mirror and glass products, including silver mirror, aluminum mirror, clear float glass, tinted float glass, reflective float glass, and many more. In addition to that, they can produce special shapes and sizes as per the request of their customers. 

The products of Qingdao Best Glass measure up to the standards of China, the USA, Germany, the UK, Japan, Australia, and New Zealand. Moreover, the company has also successfully exported to more than 56 countries and regions for full applications of construction, decoration, vehicles, furniture, lighting, solar energy systems, and so on. 

Enesoon Holding

Website: http://www.enesoon-hk.com/

Enesoon Holding is a group of enterprise that deals with the manufacturing of heat transfer materials and energy equipment in CSP thermal energy storage solutions, heat exchange, and process in the energy and chemical industry. They have their main factories in Guangzhou, Jiangsu, and Shangdong, as well as an R&D center in the Shenzhen headquarters. In addition to that, they also have Enesoon Science and Technology Ltd. in Hong Kong. 

The core products of Enesoon are molten salt, phase-changeable new materials, thermal oil, heat pumps, CSP solar mirrors, and so on. The main applications of their products are in clean energy, renewable energy, and thermal energy storage industries. 

In 2015, Enesoon was selected into the China-US Ecopartnership as the first concentrating solar power enterprise from China. With this achievement, the company has been working towards finding all kinds of partners from all over the world. 

Related article: Top 15 Solar Energy Trade Shows in China

Takeaway: Looking for a Manufacturer or Wholesaler of Solar Reflectors?

Solar reflectors are not usually required in a solar energy system. But if you want the system to be capable of so much more output, then adding solar reflectors is ideal. This is because solar reflectors increase the sunlight intensity onto the solar panel by reflecting sunlight that would normally have missed the panel. In other words, with solar reflectors, no sunlight is being wasted, thus leading to more energy output.

If you want to have solar reflectors for your business, you don’t need to worry because there are a lot of manufacturers and wholesalers who can help you out. China specifically has a ton of these companies. The ten mentioned above are only some of the most popular manufacturers or wholesalers of solar reflectors. There are obviously more out there, but just to help you with your search, this list is a good place to start.

So, run through the ten companies mentioned. Look through their websites, and see which ones you like. You can even research for more manufacturers or wholesalers out there. Basically, just exert extra effort in researching for the right solar reflector manufacturer or wholesaler for you. This is because you need to have high-quality solar reflectors if you want your business to succeed. And only the right manufacturer or wholesaler can do that for you.

Related article: Top 10 Solar Mounting System Manufacturers in China

Sources:

Solar Power Statistics in Latin America: 2019

Solar Energy Market in Latin America

Globally, the pace of PV installation is likely to go up to 125 GW per year from 2020, according to a report by Wood Mackenzie.

It seems that Latin America is going to have a significant contribution to the continuous global solar capacity expansion.

The renewable energy capacity in the world has increased by an average of 8% during the last decade. A significant part of this growth has taken place in Latin America, which was $54 billion between 2012 and 2015.

 

            Fig.1: Share of Renewable Investment from 2008-2030 (Source: bbh.com)

Energy policies and energy trade dynamics vary in different Latin American countries. Despite that, most countries have been able to scale up solar energy due to deploying floating solar technologies.

Different drivers steer the expansion of renewable energy in Latin America. The countries that are leading the way in solar energy are Mexico, Brazil, Chile, Honduras, Peru, Argentina, and other countries.

Together these countries account for nearly 77% of the total energy consumption and approximately 75% of the total renewable energy capacity in Latin America.

Related article: Top Solar Statistics You Need to Know in 2019

 

Leading Latin Countries in Solar Energy in 2018-19

 

Solar Energy in Mexico

Among Latin American countries, Mexico looked the most promising in 2018. The energy capacity of the country in that year was 2,555 MW.

After the deregulation of the energy sector in 2014, Mexico has been on the fast-track to generate renewable energy and meet the country’s target of 35% clean energy generation by 2024.

The Aura Solar I, in La Paz, Baja California state has one of the largest solar power plants in Latin America.

Also, the Villanueva Solar plant is another large plant in Mexico that had 310 MW installed capacity by mid-2018.

Mexico has an aim to reduce carbon dioxide emissions by 50% in 2050.

 

Fig.2: Leading Latin American Countries in PV energy (Source: tsolar.com)

 

Solar Energy in Brazil

Brazil reportedly has the cheapest solar energy market in Latin America with a rate of $16.95/MWh. Earlier, Mexico used to offer solar energy for $18.93/MWh.

In 2018, the renewable energy capacity in the country was 2296 MW.

Brazil is one of the emerging countries when it comes to expanding solar capacity. The country’s installed renewable energy capacity accounts for more than 52% of the total renewable capacity in Latin America and consumes 6% of the total energy.

Just like Mexico, Brazil has also set a target to bring down its carbon emissions by more than 40% by 2030.

 

Solar Energy in Chile

Chile is another Latin American country that is leading the solar energy revolution in the region. The government aims to move away from the country’s dependence on fossil fuels, which still account for 55% of electricity production.

During the last decade, Chile has invested nearly $7 billion in renewable energy, with more than 80 solar projects that are in progress.

On average, solar power plants in Chile produce 1,345 MW compared to only 11 MW at the beginning of 2013.

In 2018, the total solar capacity in the country increased to 2137 MW.

The solar power plant in the Atacama Desert is the largest in South America. Shortly, the plant is expected to generate 196 MW of solar energy.

By 2035, Chile plans to produce 65% of its electricity from renewable sources, a percentage that will increase to 70% for 2050.

 

Solar Energy in Honduras

Honduras has been on an accelerated path of generating solar energy capacity.

The country has surpassed other leading countries such as Uruguay and Argentina, in terms of total solar PV capacity.

In 2018, the total PV energy capacity in Honduras was 516 MW.

Earlier in 2016, the PV plants in Honduras accounted for 10.2% of the country’s electricity, and it was the first country in the world to achieve that feat.

 

Solar Energy in Peru

Peru joined the renewable energy index in May 2013, and by March 2015 it secured 26th rank.

In 2018, the total solar energy capacity in the country was an impressive 345 MW, more than the countries like Argentina and Uruguay.

According to the Ministry of Energy and Mines (MINEM), the demand for renewable energy is likely to grow at 10% per year, which is supposed to get a boost by industrial growth.

The government in Peru has set energy targets that renewable energy will meet 60% of the total consumption by 2025.

 

Solar Energy in Uruguay

According to the government reports, since rolling out the “2005–2030 Energy Plan,” the public and private investment in renewable energy in Uruguay has been 17% of GDP or nearly $7 billion.

In 2018, Uruguay’s total solar energy capacity stood at 248 MW. The future potential to generate solar power in the country is encouraging, considering that the country receives 1700 KW/m2 of sunlight a year on an average.

Currently, 50% of its energy comes from renewable sources. These days, Solar PV power is being implemented on a large-scale.

Uruguay has put a strong emphasis on providing solar energy in rural areas; especially rural schools that are far from the grid. Also, the aim is to make hospitals, public buildings, sports clubs, and hotels energy-efficient.

 

Solar Energy in Argentina

Currently, Argentina is committed to becoming solar energy efficient. A good example is the Jujuy city, which is completely reliant on the supply of solar energy.

Argentia is reported to have the third-largest wind power reserves in the world, and also has the planet’s second-largest solar power reserves.

In 2018, the total solar energy capacity of the country was 191 MW.

In recent years, the government in Argentina had invested $1.8 billion in producing clean energy, and there is a drop in greenhouse gas emissions by 30%.

Other countries that have significantly increased their solar energy capacity have been El Salvador, Dominican Republic, Puerto Rico, Panama, Guatemala, Cuba, Colombia, and Bolivia.

 

LATAM Solar Energy Growth Statistics

A decade back, the renewable energy market was almost non-existent in Latin America. In 2007, total installations in the region were just 30 MW.

Over the years, Latin America has emerged as one of the leading regions in installing solar capacity, which went up to 537 MW,

The countries in Latin America that have witnessed substantial growth in solar energy are Brazil, Mexico, Chile, Peru, Honduras, Uruguay, and Argentina.

 

Fig.3: Solar Energy Capacity in Latin America in 2018 (Source: IRENA Renewable Energy Statistics 2019)

Other countries have relatively small but growing solar energy markets that have the potential to grow into prominent markets in the coming years.

According to the PV magazine, 2018, Latin America added 2,472 MW of solar PV capacity in 2017, which was 52% higher than in 2016.

Again in 2017, Latin America had the largest solar trackers market. In 2018, the region’s global shipments reached 20 GW, an increase of nearly 30%.

Latin America still meets a small part of global renewable energy demand. However, markets are expanding rapidly, and large corporations are investing in the region seeing its energy growth potential.

 

   Fig.4: Estimated Future Solar Energy Growth from 2020-2040 (Source: carlosstjames.com)

Another report by GTM Research states that the solar energy market in Latin America is about to see exponential growth. The forecast indicates that the installed capacity of solar PV energy will be 41 GW between 2016 and 2021.

At the end of the current decade, Latin America may represent 10% of the global demand for PV  energy.

This growth statistics prove how the solar energy market in Latin America has matured and attracted investors from all over the world.

 

What are the reasons behind the surge of the solar industry? 

The main reason behind the surge in the Latin American solar industry is the governments’ decision to move away from fossil fuels, and adopt solar energy.

On April 22, 2016, countries such as Mexico, Peru, Uruguay, Argentina, Colombia, Bolivia, and Venezuela signed the Paris Agreement, at United Nations HQ in New York.

Subsequently, on July 26, 2016, Ecuador signed the agreement to join hands with other countries to push solar energy growth.

The agreement set ways to bring down greenhouse gas emissions through more adaptation of renewables, and make the ecosystems more resilient to combat global warming.

Now, these countries have the objective that by 2050, 20% of the energy will be produced from clean energy sources.

Other reasons are:

 

Strong Renewable Energy Policies:

In recent years, Latin American countries have rolled out solar-friendly policies. These policies have paved the way for the solar energy market in the region to become a mainstream energy source.

 

Restoring Financial Stability:

In Latin America, the three most promising markets for solar installations include Brazil, Mexico, and Chile. These countries have gradually restored financial stability after a period of recession.

More involvement of companies in the solar energy sector is likely to become a critical factor in the region’s financial growth.

 

Favourable Weather Conditions:

Some of the regions in Latin America get high irradiation, which is ideal for generating solar energy. For example, the Solar Belt in Baja California, Mexico, and Sertão in Brazil get irradiation between 1,600 and 2,250 kWh/m2 per year.

This favourable climate condition has a high potential to grow solar energy in these regions and can meet all of South America’s energy requirements.

 

Economic Index of the Solar Industry in LATAM

Several Latin American countries are witnessing fast growth of yearly solar installations due to abundant solar resources and a favourable political situation.

Large companies are investing in the region, boosting the expansion of the solar energy market. As mentioned earlier, the top country that added maximum in 2018 was Mexico (2555 MW).

One of the reasons for the substantial growth in Latin America has been due to the grid connection of several large projects. Another reason was a significant spike in projects under the net metering scheme in Mexico.

Much of the added solar capacity in Latin America has taken place through large-scale solar power purchase agreements (PPAs). Many PPAs were announced in 2018, which made Latin America one of the leading continents with substantial solar plants in the world.

 

Investment Statistics 

In Latin America, investment in solar energy is rising for several reasons.

 

  • Frequent instances of natural disasters in the region have forced the authorities to think about alternative energy sources and move away from traditional energy sources like fossil fuels.
  • Several Latin American countries are investing more in solar energy to reduce carbon footprints.

A report by National Geographic shows that countries such as Mexico, Uruguay, Brazil, Costa Rica are having positive trends towards increasing reliability in solar energy.

Particularly, Costa Rica was the first country that ran all the energy-powered operations entirely on renewable energy for 300 days in 2017.

 

  • Implementing new policies in Latin American countries have made way for heavy investments in solar energy.

Also, from a commercial point of view, large global companies are investing and driving renewable energy goals. For example, Google has made a significant investment in renewable energy, and the company receives 100% of its energy from the El Romero plant.

 

LATAM Solar Energy Production Statistics

In recent years, Latin America has seen a boom in the solar PV market.

It is a clear indication that the region is going through a transition from dependence on fossil fuels to renewable energy, particularly solar energy.

The photovoltaic boom in Latin America seen from country to country. The figures reflect the clear rise in photovoltaic solar energy in this region.

 

 Fig.5: Solar Energy Production in Latin America (Source: IRENA Renewable Energy Statistics 2019) 

When it comes to solar energy production, Mexico has Latin America’s largest solar project in Coahuila. This plant is likely to provide solar energy to millions of homes in Mexico with a capacity of 3 GW.

Brazil is the second country after Chile to go beyond the 1 GW of PV solar capacity.

Chile has installed PV solar capacity of 2.1GW, which indicates a remarkable rise of solar energy boost in recent years.

Argentina has a record of 135 renewable energy projects worth $7,200 million.

In Bolivia, at the end of 2018, a 60-MW solar plant was opened in Uyuni. Earlier, another project of 5 MW solar energy plant was started in March.

Colombia started its first solar PV power station in 2017. Also, in the same year, the country established its first solar park with a capacity of 9.8 MW.

The contribution of renewable energy to the electric mix only reaches 3%, and the government announced that by 2028, there could be between 143 and 239 MW of solar.

 

Fig.6: Top 10 Solar PV plants in Latin America (Source: solarplaza.com)

 

Closing Words

The Latin American region, with its rapid growth of the solar energy market, has become one of the major contributors to the global solar market.

Mostly bright weather in Latin America, abundant natural resources, and supportive government policies have created a favourable environment for developing solar energy sources.

All of these factors have combined and put Latin America one of the major solar energy markets in the world.

Related article: Top 21 Trade Shows for the Solar Industry

 

Top 10 Solar Carport Mounting System Manufacturers in India

When it comes to the solar installation industry, there are numerous solar systems for the customers to choose from. Out of all these solar systems, the most popular one is most probably the roof-mounted solar system, simply because it’s the one that customers hear about the most. However, even though that is the case, it doesn’t mean that the roof-mounted solar system works for everyone. That is why if you as a solar installer come across a customer who isn’t a good fit for a roof-mounted solar system, then you should be ready to offer another option. One option that you can suggest to them is the solar carport mounting system.

What Is A Solar Carport Mounting System?

In a way, a solar carport mounting system is similar to the ground-mounted solar system.  The similarity lies in the fact that both of these mounting systems fix the solar panels or modules on the grounds, instead of other surfaces like roofs or building facades. The only difference between the two is the fact that solar carports are overhead canopies that are built to cover parking areas. In other words, solar carports are taller in terms of structure than ground-mounted solar systems so as to give space for cars to park. 

Because of the nature of solar carports, they are considered to be a great advantage. After all, they won’t need additional land for the installation to be possible, thus making this kind of mounting system a more efficient option. Basically, solar carports offer fewer restraints, and that’s why they’re a good choice for a lot of people.

Related article: Top 10 Solar Ground-Mounted System Manufacturers in India

Top Manufacturers or Wholesalers of Solar Carport Mounting System in India

With all of the benefits of solar carport mounting systems being said, it goes without saying that it’s imperative for solar installers to have them in their stock. Fortunately, there are a ton of manufacturers and wholesalers who can supply solar carports for you. To be more specific, India is widely known for housing a number of these manufacturers and wholesalers

So, if you’re a solar installation business based in India, here is a list of manufacturers or wholesalers of solar carport mounting systems that you can start looking up. 

Aacess Tough Doors

Website: https://www.aacesstoughdoors.com/

Established in 2006, Aacess Tough Doors Pvt., Ltd. is a company that primarily focuses on the manufacturing or servicing of highly qualitative doors. In particular, the company provides metal doors, metal windows, wall partitions, security cabins, mobile offices, portable offices, steel doors, and fire doors. However, beyond that, they offer other products as well, particularly roof-mounted solar systems and solar carports. 

Aacess Tough Doors proudly claims that they strictly make sure that their products are of the highest quality. Each of their products is checked on various parameters before sending them out for delivery. The four parameters that they check include the scratch test for paint peel-off, resistance to rust, dimensional accuracy, and physical appearance. Because of their dedication to adhering to the world-class standards of manufacturing, the company has received numerous certifications over the years, particularly the ISO9001 certification. 

Asteroid Farvision Power

Website: http://asteroidfarvision.com/

Established only in 2017, Asteroid Farvision Power Pvt., Ltd. is a company that focuses on the manufacturing and servicing of solar power solutions. The company’s most popular products include solar street light battery boxes, solar panel mounting structures, DC distribution boxes, LED street lights, and many more. In addition to these products, they also provide installation and maintenance services of solar plants and electric substation works to their clients. 

Even though the company is still relatively young, Asteroid Farvision Power has already become one of the industry’s leading names for the design, development, and manufacture of solar mounting structures. All of their products come in a wide variety — from kilowatts to megawatts as well as covering the entire infrastructure requirement of a solar power plant. Additionally, their products go through rigorous quality inspection during various phases of production and before delivery. 

Gurpreet Galvanizing

Website: http://gurpreetpower.com/

Established in 1998, Gurpreet Galvanizing is a company that primarily provides galvanizing and fabrication services. Additionally, the company is engaged in manufacturing and supplying a large assortment of transmission towers, telecom towers, isolator support structures, solar structures, and many more. All of their products are manufactured from superior material and using the latest technology, and they are also highly demanded in various sectors, particularly transmission and the solar industry. 

Gurpreet’s products are known for their long-lasting life, effective usage, and hassle-free performance, trouble-free functioning, sturdiness, and many more attributes. The company also rigidly tests them to ensure their flawless quality. Because of all these efforts, Gurpreet Galvanizing has received the ISO9001: 2008 certification. 

Go Green Renewable Energies

Website: http://www.gogreenrenewable.com/

Go Green Renewable Energies is a pioneer in the solar industry for its unique and optimized solar mounting design and solution. Over the past years that the company has been in business, they have achieved excellence in solar mounting because of their innovative design. 

The products of Go Green Renewable Energies are designed and engineered to cater to any specific site conditions. This is because the company’s design philosophy is to ensure that the solutions they offer are economical to procure, practical to install, and diligently conform to all requisite IS, BIS, and IEC design codes and methodologies. 

K.R.V. Fabrications

Website: https://www.krvfabrications.com/

K.R.V. Fabrications is a company that is famous for providing and developing Section “C,” Purlin Section, Shutter Lath, Channels, and Bottom Plates. Additionally, the company also offers mounting systems, particularly ground-mounted, roof-mounted, and carports. Their products are fabricated from CRCA Strip and HRPO, and they are known for their high tensile strength, durable finish standards, supreme quality, effective prices, and easy maintenance. Because of the wide range of shapes and grades that their products offer, K.R.V. Fabrications has established a foothold in the market. 

K.R.V.’s products are highly developed with complete regard to the specifications and aspirations of the client. ISI standard tests are performed on them to ensure their quality. And these products can also be applied in numerous industries, such as building industrial sheds, go-downs, stockyards, PEB building, shops, and many more. 

JJ Electromec

Website: http://www.jjelectromec.com/

JJ Electromec started out in 2007 as a manufacturer for water pumps and then eventually moved on to pumps powered by solar energy. The company has always been a pioneer in state-of-the-art technology, and because of this, they have become one of the fastest-growing companies in the field of pumps and solar photovoltaics. 

JJ Electromec manufactures water pumps and solar products under different brand names. Primeex is one of the most admired water pump brands all over India, and its solar brand Eion has also gotten numerous responses from customers and clients. The company is confident that all of their products will deliver superior performance, safe installation, removal, and maintenance. 

Metalkraft Forming Industries 

Website: http://www.metalkraft.in/

Established in 2002, Metalkraft Forming Industries is one of the leading manufacturers of cold roll-formed sections. The company was founded on the principle of building and implementing great ideas that drive progress for clients and enhance their business through engineering solutions on CRF sections. 

Since the company’s establishment, they have grown to become an ISO9001: 2008 certified company with a manufacturing facility that covers about 125,000 square feet. Additionally, their manufacturing facility has a manufacturing capacity of 4500 MT per month. Because of all this, Metalkraft is now a leading manufacturer of cold roll-formed sections in India, catering their business line in Automobile, Infrastructures, and Power Plant (both Thermal and Solar). 

Parmar Metals

Website: https://www.parmarmetals.in/

Founded in 1994, Parmar Metals Pvt., Ltd. is a manufacturer and exporter of a wide assortment of perforated sheets, cable trays, and many more. This company is supported by a team of experienced and qualified professionals who have vast experience in this field. The team works hard in close equilibrium with each other to achieve their organizational goals efficiently. Aside from that, they also undergo regular training sessions to enhance their knowledge and business skills. 

The products that Parmar Metals offers are manufactured using high-tech machinery and advanced technology. Because of that, these products have remarkable features such as corrosion resistance, easy installation, longer service life, and high tensile strength. 

Premier Ispat 

Website: https://www.premierispat.com/

Premier Ispat is a business conglomerate with a wide range of interests. Their initial interests include the reinforcement steel (TMT BARS, PVC, and steel pipes), tubular poles, precast concrete, and real estate construction, and more recently, the company has forayed into safety products, solar mounting structures, and scaffolding and formwork system. 

As of right now, Premier Ispat has more than five manufacturing units situated across Northern India. Additionally, the company is growing at an exponential pace across all the verticals to achieve its dominant position within its peer group. As a result, they have an active presence and demand all over the world. 

REF Technologies

Website: http://www.reftechnologies.in/

Established in 1994, REF Technologies is a manufacturer and supplier of highly durable and efficient pre-fabricated structures, pre-fabricated shelters, pre-engineered buildings, portacabins, PUF panels, and doors in India. The products that the company offers come in a variety of designs and styles. Aside from that, they can also easily withstand high temperature, pressure, and wear. 

REF Technologies has always made sure to ensure that their products are manufactured using optimum quality raw materials so as to guarantee their long-lasting life. As a result, the company is recognized with ISO9001 certification. 

Takeaway: Looking for a Manufacturer or Wholesaler of Solar Carport Mounting Systems?

As the solar installation industry continues to grow, the options for the solar systems also continue to go up. And as of right now, it seems like roof-mounted solar systems are the ones that customers usually go for. But even though that’s the case, solar installers should still be ready to have alternatives to roof-mounted solar systems. And one alternative is the solar carport mounting system. 

As the name suggests, a solar carport is a PV mounting system that is characterized by the fact that the solar panels are fixed on the overhead canopies that cover parking areas. It is highly similar to the ground-mounted solar system as both of them don’t require a large space for installation. That benefit alone is an enticing one for a lot of customers.

Because of the possibility that customers would opt for a solar carport instead of other mounting systems, you as solar installers should have solar carports in your stock. Luckily for you, you can get high-quality solar carports from various manufacturers or wholesalers all over the world. India, in particular, is widely known for having a lot of these manufacturers and wholesalers. So, if you’re a solar installation business based in India, you won’t have a hard time finding one. 

The ten companies mentioned above are only a few of the many solar carport manufacturers and wholesalers in India. This list is curated so as to help you with your search, especially if you don’t know where to start. 

So, go through each of the companies mentioned in this list. Read through their histories and achievements, and take note of the companies that you like. If you want, you can go and search for more companies not mentioned. Long story short, exert extra effort and be deliberate and thorough when it comes to choosing a manufacturer or wholesaler. This is because the quality of your products and service, as well as the success of your business, is extremely dependent on the manufacturer or wholesaler that you’ve chosen. 

Related article: Top 17 Solar Panel Manufacturers in India

Sources:

Top Solar Panel Manufacturers in MENA

Every solar installer knows that in order for their business to succeed, they must have all the equipment that they need. And one of the types of equipment that they need to have an abundance of is the solar panel. This is because solar panels are the ones that absorb sunlight as a source of energy to generate direct current electricity. In other words, solar panels are the ones that are at the front and center of every solar system, thus making them extremely valuable. That is why solar installers should have quite the stock of solar panels in their inventory. Otherwise, their business will be doomed to fail.

Luckily, there are a ton of manufacturers and wholesalers that can provide you with all kinds of solar panels — whether it’s monocrystalline, polycrystalline, thin-film, and many others. Countries such as China and India are particularly known for housing so many of these manufacturers and wholesalers. But there are other regions that have a lot of manufacturers and wholesalers as well. The region of MENA, for example, is a rich source of these companies. 

That is why if you’re a solar installation business based in MENA, you don’t need to worry about finding the right manufacturer for you. Chances are you’ll find one within your own region. To help you with your search, here are ten solar panel manufacturers and wholesalers that you can find in MENA.

Related article: Top 17 Solar Panel Manufacturers in India

Top Solar Panel Manufacturers and Wholesalers in MENA

A.R.E. Group

Website: https://www.aregroupeg.net/

The A.R.E. Group was established in October 2014 with the primary goal of bringing state-of-the-art solar solutions and silicon technologies to Egypt. Egypt is one of the most sun-sufficient places in the world with estimated annual sunlight of 2400 hours of solar operation, and because of this, the company wants to harness the country’s extraordinary resources and geographic advantages. As a result, they have created a complete solar manufacturing complex that is capable of producing high-efficiency solar products and components and of maximizing the potential and capabilities of renewable energy solutions in Egypt. Some of A.R.E. Group’s popular products include solar panels, solar glasses, solar cells, and solar water heaters. 

SARL Algerian PV Company

Website: http://alpvcompany.com/

Established in 2010 in Algeria, SARL Algerian PV Company, or ALPV for short, is a company that is engaged primarily in the manufacturing of solar PV panels. The company was initially created on the basis of a former metal processing and plastic injection company, and so, ALPV capitalizes on industrial experience of more than thirty years. 

ALPV is located in the industrial area of Tlemcen, and the company is equipped with a modern modular line encapsulation of photovoltaic modules. Additionally, they manufacture photovoltaic modules of various technologies and powers, based on polycrystalline and monocrystalline cells ranging from 100 Wc to 280 Wc. And they also undergo rigorous quality checks so as to make sure that their products are flawless. As a result, ALPV’s solar panels can produce 12 MW every year. 

Atom Enerji

Website: https://atom-enerji.com/

Atom Enerji started operating in the solar energy sector in 2012 in Turkey, but over time, the company’s operations extended to Iraq. Since its establishment, the company has manufactured primarily solar panels and off-grid solar system equipment. In addition to these products, Atom Enerji also offers services in project and engineering solutions as well as turnkey solutions in the implementation of solar projects.

The solar panels that Atom Enerji manufactures come in various voltages and shapes. They also have the standard solar panels in the 5 W to 275 W power range. All in all, their solar panels are well-received by their clients and customers, and Atom Enerji aims to maintain that superior quality.

Aures Solaire

Website: http://www.aures-solaire.com/

Aures Solaire is a solar panel manufacturer that is based in Algeria. The company is known for utilizing the NICE (New Industrial Cells Encapsulation) technology, which is an innovative and economical technology used in the encapsulation of photovoltaic cells as well as the manufacture of modules. In addition to the utilization of NICE, Aures Solaire also uses sealing technology that is inspired by the manufacture of double glazing. This sealing material can create an interior volume that is perfectly protected from the outside, including moisture. With all these unique technologies used to manufacture solar panels, it is no surprise that Aures Solaire has managed to capture the attention of so many customers. 

Aurasol

Website: https://www.aurasol-pv.com/

Established in April 2011, Aurasol is a company based in Tunisia that engages primarily in the renewable energy sector. The company’s range of activity revolves around the major axes of Aurasol Industry and Aurasol Solar Projects. Their primary product is the solar panel, and Aurasol is dedicated to offering their customers with premium solar panels that are associated with higher quality.

Aurasol has proven themselves to be a capable solar panel manufacturer not only in Tunisia but also in other countries as well, particularly the ones in Europe and Africa. Because of this, the company has received numerous certifications and labels throughout the years.

Copex Solar Energy Systems and Trading

Website: http://www.copexsolar.com/

Copex Solar Energy Systems and Trading is a renowned manufacturer of power backup and power conditioning systems that was established in 2012 at Dubai, U.A.E. The company offers a wide range of over 200 products that meet the demand of an equally wide range of segments: residential, commercial, and industrial applications. Some of their popular products include solar panels, off-grid systems, residential inverters, solar charge controllers, solar home light systems, solar lanterns, solar water heaters, and many more.

Copex Solar is considered as one of the most admired power solutions providers in U.A.E. In addition to that, the company has a growing presence in over 50 countries worldwide, and their products have compliance with international certifications of CE and UL and to meet European, U.S., and Canadian norms. 

Cleanergy Morocco

Website: http://www.cleanergymaroc.com/

Established in 2010, Cleanergy Morocco is a company created by engineers with long experience in the high technology industrial field as well as practical experience for the preservation of the environment. The company’s primary mission is to offer each customer innovative solutions that will allow them access to electricity without damaging the environment. That is why they have a wide range of photovoltaic products and solutions that are able to meet all the needs of their customers, both within Morocco and outside. Moreover, the company makes sure to undergo rigorous quality checks so as to make sure that all of their products are flawless.

DuSol Industries 

Website: http://www.dusol.ae/

DuSol Industries is the first PV module manufacturing company that is based in Dubai, U.A.E. The company has a strategic location that caters to the Middle East and African countries, and they have taken advantage of that. Moreover, DuSol has developed a manufacturing facility for PV modules that cater to off-grid and grid markets.

The company’s solar panels come with different sizes, starting from 40 Wp, 50 Wp, 60 Wp, 80 Wp, 100 Wp, 120 Wp, 130 Wp, 150 Wp for off-grid markets and high-efficiency panels of 240 Wp to 260 Wp using 60 polycrystalline cells for grid markets. All of the products have a smart engineering design, thus giving them the interchangeable capability to accommodate the above modules and more with very quick turnaround time.

Egyptian German Co. Trading and Supply

Website: http://www.egts-egypt.com/

Egyptian German Co. Trading and Supply (EGTS) is a company that aims to introduce the solar energy system to the Egyptian market. The company also concentrates on the telecommunications sector since they believe that it is the way to connect people around the world to transfer technologies and progress. 

Some of the most popular products that EGTS offers include solar energy systems, photovoltaic technologies, batteries, shelters and enclosures, passive cooling shelters, supply panels and controller units, obstruction lights, and UPS. The company is highly customer-centric, and they can manufacture the products based on their customers’ requirements. 

Emirates Insolaire

Website: http://emirates-insolaire.com/

Established in 2013 in Dubai, U.A.E., Emirates Insolaire LLC is a joint venture of Dubai Investments PJSC and SwissINSO Inc. that specializes in the manufacturing of solar products. In particular, the company produces and distributes coloured solar glass and coloured PV modules using Kromatix technology. This particular technology allows solar solutions to be completely integrated into the architectural design of all types of buildings. As a result, a whole new world of opportunities is opened, especially in terms of aesthetic building designs and enhanced energy savings. 

Takeaway: Looking for a Manufacturer or Wholesaler of Solar Panels?

Every solar system needs solar panels since they are the ones that absorb sunlight to generate direct current electricity. For this reason, solar installers should have an abundance of solar panels because, without them, their business is practically pointless. And the chief way in order to procure high-quality solar panels is by hiring a well-respected and renowned manufacturer or wholesaler. 

Fortunately, manufacturers and wholesalers of solar panels are literally everywhere all over the world. The countries in the Middle East and North Africa (MENA) region are some of the countries that house quite a ton of these manufacturers and wholesalers. This is because MENA is famously known for being a sunny region, and so, the countries there understandably take advantage of that. 

There are so many manufacturers and wholesalers of solar panels out there in MENA, and the ten mentioned in this list are only some of them. These ten are only intended to be a starting ground for your search, not necessarily the end-all-be-all. 

So, if you’re a solar installation business based in MENA that is in dire need of solar panels, look through each of the companies mentioned in this list. Read through their histories and achievements. Narrow down the list to the ones that you like. If you want, you can also choose to search for more companies out there. Basically, put extra effort into researching for a manufacturer or wholesaler of solar panels. This is because if you want your business to succeed, then having high-quality, efficient, and durable solar panels is a must. And you have to make sure that the manufacturer or wholesaler that you’ve chosen can grant you that. 

Related article: Top 21 Trade Shows for the Solar Industry

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10 Corporations That Have Gone Big On Solar

It is a truth that everyone in the world knows that our planet is facing quite an alarming climate change crisis today. And it’s also a truth that we all know that massive corporations all over the world played a big role in this environmental destruction. Because of that, some corporations have decided to mend their ways and find a solution to help save the environment. And one of the solutions that a lot of these corporations have chosen is by hopping onto the solar energy train.

As the name suggests, solar energy is a form of renewable energy that harnesses the light and heat from the sun to create electricity. As of right now, there are multiple technologies that utilize solar energy, some of the most common ones being solar heating, photovoltaics, solar thermal energy, and solar architecture.

It’s actually good to hear about the news that more and more corporations are starting to integrate solar energy into their companies. This is because solar energy helps contribute to long-term cost savings as well as reduce a company’s carbon footprint, thus helping save the environment. In fact, it has been reported that the amount of solar installed by companies in the United States alone can offset up to 1.1 million metric tons of carbon dioxide emissions per year. That’s a really big number that will definitely help our planet in the long run.

Related article: Top Solar Statistics You Need to Know in 2019

 

Ten Corporations That Have Gone Big on Solar

Another thing that we should note about this trend of companies going solar is the fact more consumers nowadays gravitate towards brands that are socially responsible. In other words, if a particular company goes solar in order to become more eco-friendly, then that company becomes incredibly attractive to consumers. It’s a win-win situation — for both the company and the environment itself.

To give you an even deeper insight into this matter, here is a list of ten corporations — according to SEIA — that have recently gone big on solar

 

Apple

Impressively, Apple has been able to be globally powered by 100% renewable energy as of 2018. This achievement encompasses retail stores, offices, data centers, and co-located facilities in 43 countries. Additionally, they have announced nine additional manufacturing partners who have committed to power all of their Apple production with 100% clean energy, thus bringing the total number of supplier commitments to 23.

Aside from that, the company also engages in sustainability projects that involve a wide range of energy sources, such as solar arrays and wind farms. When combined, the total generation capacity is a whopping 626 MW. And Apple is not planning to just stop at that: the company also has 15 more projects in construction, including a $300 million solar system project in China. Once that project is finished, it can give back over 1.4 GW of clean renewable energy across 11 countries.

By the end of 2018, Apple had a total of 393.3 MW of installed solar energy capacity, topping Amazon and Target. This number made Apple as the leading company of solar installations in the U.S.

 

Amazon

The e-commerce giant is also getting on the solar energy train so as to keep business costs low, which will then provide more savings to customers. As of right now, Amazon has started construction of solar and wind farms that will generate up to 3.6 MW/hours of renewable energy each year. Aside from that, the company has begun hosting large-scale rooftop solar systems on fulfillment centers all over the country. And by 2020, they have aimed to have more than 50 fulfillment centers with rooftop solar installed.

 

Target

Target is the second-largest department store retailer in the United States, and the company has always been interested in sustainable buildings. That is why back in 2003, they had their first solar installation, and now they have more than 200 MW of installed capacity. Target aims to continue its progress by working to have rooftop solar panels in 500 of its buildings by 2020.

Aside from that, Target is also actively investing in projects around the country that produce electricity through renewable resources, such as the sun and the wind. In fact, they have over 350 complete solar projects as of right now. And finally, Target has made an ambitious and impressive goal of committing to source 100% of its electricity from renewable sources by 2030. This goal applies to all of the company’s domestic operations, such as stores, distribution centers, and offices.

 

Walmart Inc.

Just like Target, Walmart Inc. is a retail corporation that has been committed to solar for a long time now — about more than a decade, to be specific. Their dedication to solar can be seen in their extensive efforts to being more energy-efficient, such as numerous solar installations and the construction of eco-roofs. As of right now, the company has installed about 240 solar projects, which saves approximately $4.8 million, and they are planning to create more than 1,000 projects worldwide.

 

Switch

Since January 2016, Switch data centers have run on 100% renewable energy, and the company aims to continue that practice. In the same year of 2016 as well, Switch began construction of two solar power stations in Las Vegas, Nevada with a combined 179 MW capacity. These facilities have been able to remove the equivalent of 50,000 cars off the road and eliminate 265,000 carbon tons of emissions from the environment. By the end of 2018, the company is ranked fifth in the top ten companies that are turning to solar energy.

 

Google

Google has been carbon neutral for over a decade, and since 2010, the company has signed 26 agreements to purchase nearly 3 GW of new renewable energy. That is equivalent to taking more than 1.3 million cars off the road every year. That endeavour allowed Google to reach 100% renewable energy for its operations, including both data centers and offices.

By the end of 2018, Google was able to have an installed capacity of 142.9 MW, thus ranking sixth in the SEIA’s top ten companies who are turning to solar. With this milestone, the company was able to offset 17 million metric tons of carbon dioxide emissions.

 

Kaiser Permanente

In 2016, Kaiser Permanente adopted an ambitious set of environmental goals that they want to achieve by 2025. Some of the highlight goals include becoming “carbon net positive” by buying enough clean energy and carbon offsets; recycling, reusing or composting 100% of their non-hazardous waste; and pursuing new collaborations. And of course, the company also aims to deploy onsite solar wherever it’s cost-effective. In fact, by the end of 2018, Kaiser Permanente was able to have an installed capacity of 140 MW. They will continue to up that number in the years to come so as to achieve the goals that they have set for themselves.

 

Prologis

Prologis is a multinational logistics real estate investment trust, and the company has been slowly turning underutilized rooftops into sources of clean energy. In 2017, Prologis had a total of 120.7 MW of installed capacity, thus ranking the company third among all U.S. companies for solar installations. And as of December 2018, they were able to bring the number up to 186 MW. All the installations that Prologis has achieved can produce enough energy to power 26,000 U.S. homes, which is an impressive feat.

 

Solvay

Solvay in advanced materials and specialty chemicals company that is committed to developing chemistry that addresses key societal challenges. With that company description, of course, Solvay takes sustainability seriously. And in order to meet their ambitious objectives in terms of carbon emission reductions, the company champions both saving energy and sourcing more renewable power.

In 2017, one of their primary initiatives to source more renewable power is a solar farm that was built in South Carolina. This solar farm can provide enough power for 15,000 households, or 164,000 MWh a year, thus offsetting about 80,000 tons of carbon dioxide emissions. And by the end of 2018, Solvay was able to reach an installed capacity of 81.4 MW, which they plan to improve in the years to come.

 

Fifth Third Bank

In 2017, Fifth Third Bank announced its operational sustainability goals that will promote a sustainable environment. Their goals are all about reducing energy use by 25%, greenhouse gas emissions by 25%, landfill waste by 20%, water usage by 20%, and purchasing 100% renewable power by 2022. And in 2018, they were able to achieve one of their goals when they signed a contract leading to 100% renewable energy through solar power. That is why by the end of the same year, Fifth Third Bank made SEIA’s list of top companies that are turning to solar, with an installed capacity of 80 MW.

 

Takeaway

With our environment slowly but surely deteriorating, it is nice to know that we are trying our very best to help save it. It’s even more uplifting to hear about massive corporations all over the world doing everything in their power to be sustainable and eco-friendly. This is because hearing about all these endeavours gives us hope that maybe it’s not yet too late to save our environment. Maybe there’s still something that we can do.

That is the philosophy that the ten companies mentioned above embodied. And hopefully, in the next years to come, there will be more and more corporations who will follow their lead. In times like this when our planet is dying, it’s getting more crucial than ever for us to stand together as one to combat climate change.

Related article: Top 10 Technological Breakthroughs in the Solar Industry

 

 

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Archived news

Ford (NYSE: F) announced the completion of an on-site solar power and energy storage system that will provide clean electricity at itsMichigan Assembly Plant.

The renewable energy captured by the system will help power the production of Ford’s all-new Focus set to hitshowrooms this month. The plant will also produce Focus Electric, Ford’s firstzero-emission battery electric passenger vehicle and the C-MAX Hybrid and C-MAXEnergi plug-in hybrid.

The solar energy system will serve asa pilot alternative energy project to be evaluated for possible use at otherFord manufacturing facilities in the future.

“This solar energy system allowsus to test the viability of alternative energy to supply power for ourmanufacturing facilities around the world. It serves as a significantinitiative within our corporate emphasis on sustainability,” said JimTetreault, Ford vice president, North America Manufacturing.

Ford collaborated with DTE Energy toinstall the 500-kilowatt solar photovoltaic panel system at Michigan Assembly.The system will be integrated with a 750-kilowatt energy storage facility thatcan store 2 million watt-hours of energy using batteries–enough to power 100average Michigan homes for a year. The project will also include a50-kilowatt-hour facility to demonstrate the potential reuse of vehicleelectric batteries for stationary energy storage.

Michigan Assembly’s energy storagesystem also will be able to recharge from the smart grid during off-peak hourswhen energy is available at a lower cost. This in turn can provide inexpensivepower during peak operating hours when the cost per kilowatt-hour is usuallyhigher, and can help reduce peak demand on the grid.

Xtreme Power of Austin, Texas, issupplying its Dynamic Power Resource on-site energy storage and powermanagement system.

The Michigan Assembly project isfunded by a $3 million investment from DTE Energy’s SolarCurrentsprogram, a $2 million grant from the Michigan Public Service Commission insupport of the state’s smart-grid initiative, and approximately $800,000 worthof in-kind contributions from Ford.

Ford will install 10 electric vehiclecharging stations at Michigan Assembly to demonstrate advanced battery chargingtechnologies for vehicles using renewable energy and other smart-grid advances.The stations will be used to recharge the electric switcher trucks thattransport vehicle parts between adjacent buildings at the manufacturing site.Part of the pilot project involves a demonstration of the possibility for usingelectrified vehicle batteries as stationary power storage devices after theiruseful life as vehicle power sources is over.

Original Article on SustainableBusiness.com

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Top 15 Solar Panel Installers in Canada

The solar industry in Canada is having a fast-paced growth. The majority of this growth has happened in and around the Ontario solar market, which produces more than 99% of Canada’s solar energy. The Ontario market is among the top 20 solar electricity markets in the world.

Besides Ontario, other provinces and cities are also catching up due to the expansion of the solar market in the country. 

By  2020, solar electricity will account for nearly 1% of total electricity generation in Canada, with a capacity of almost 6,300 megawatts (MW). 

The industry will also create nearly 65,000 job-years, employing around 10,000 people annually. Most of this employment is likely to happen in construction, manufacturing, operations, and maintenance.

In this post, we will talk about the top 15 solar panel installers in Canada. These companies have been picked based on the minimum installation size of 1 MW, small installations, and off-grid/on-grid installation capacity.

Related article: Solar Power Statistics in Canada 2019

AMP Solar Group

Website: https://amp.energy

Amp Solar Group is an Ontario-based company that works on flexible, clean energy infrastructure.

The company has completed 32,000 projects to date. Moreover, 2GW investment is in the pipeline, and 1.8 billion capital has been deployed.

Also, in Oct. 2018, Amp Energy closed C$200 million financings in collaboration with ZOMA Capital. According to the company, this financing deal has consolidated its position as a market leader, and will further accelerate the growth process.

Amp Solar Group uses proprietary, technology-based risk management tools to provide affordable and clean solar power with a reliable system and security for customers. 

Arborus Consulting

Website: arborus.ca

Arborus Consulting has more than 30 years of track record in energy analysis, design engineering, and consulting for high-performance buildings. 

Arborus has evaluated, designed, and installed more than 100MW of renewable energy projects, which include PV, solar thermal, and others. They also have experience as a developer for utility-scale solar.  

Arborus has developed and installed solar systems in Thousand Islands National Park, Jasper National Park, St-Eugene, Ontario, and even at remote schools in Argentina.

Also, the company has installed solar power generation systems and energy storage while working for remote government facilities and communities.

The energy modelling portfolio of Arborus has more than 700 energy simulations, verification, and technical assistance. The company has a proven track record in modelled technologies, strategies, and their applications.  

Azgard

Website: azgard.com

Azgard Solar provides a complete range of solar products, including solar panels, solar racking, and inverters with a full turn-key solar system package. 

The company has also designed the SunRanger ground-mounted solar racking system, which is a low cost and low maintenance system. The product is unique as it is seasonally adjustable because it is capable of dealing with harsh weather conditions in Canada. 

Azgard’s most popular service package is the self-installation solar option. It is one of the lowest costs and highest return generating solar systems (can be adjusted manually) in the market.

The company also offers services such as design, installation, operations, and maintenance.  

Bendygo

Website: www.bendygo.com

Bendygo’s areas of specialization are custom design and installation of solar power for businesses, residential buildings, and agriculture.

The company works on a project from scratch such as the initial concept, feasibility assessment, Feed-in Tariff (FIT) contract, and more. 

Bendygo has a solar panel installation team to manage a solar project end-to-end. It provides services such as design, engineering, purchase, construction, and application. 

The company also finances, builds, develops, operates, and maintains solar power projects on land and building rooftops. 

Bur Oak Resources

Website: www.bur-oak-resources.ca

Bur Oak Resources offers a wide range of services on renewable resources. The main objective of the company is to provide green technology to customers at reasonable prices.  

The company applies green technology for providing cost-effective solutions to customers, who are specifically want to be part of the “Green Movement.” 

Whether the customers are looking for an off-grid energy solution or a net-metering system, Oak Resources has the experience to their specific needs. The company also provides a financing option for projects between 100kW and 10MW, and at a low rate of 6.99% OAC.

Whether customers want to use free power to offset high daytime demands, or need solar energy for brownfield land, the company can take care of everything.  

Canadian Solar

Website: https://www.canadiansolar.com/

Canadian Solar is one of the largest solar panel manufacturers in the world, not just in Canada, and has business operations in 6 continents.

The company has been in the solar business for more than 18 years, and during this period, it has shipped over 32 GW PV.

The unique selling proposition (USP) of Canadian Solar is that it offers real value by providing high-quality solar panels at affordable rates than most manufacturers.  

The types of solar panels the company offers include shingle mono module (up to 420 W) and bifacial poly PERC module (up to 430 W).  

Key Advantages:

  • Low-cost panels with a better return on investment.
  • Structural product warranty of 10 years.
  • Power production warranty of 97.5% year one and an annual degradation rate of 0.5%.

Overall, Canadian Solar has proved to be a reliable brand over the years.

Gorkon Industries

Website: www.gorkonindustries.com

Gorkon Industries is a well-known name in North America for providing in-house solar photovoltaic design and engineering. 

The complete range of services the company offers are:

Consulting/Project Management: The company can take care of all kinds of solar consulting and project management needs. From doing feasibility studies, equipment design to optimization, the company efficiently manages all the phases.

Development: Gorkon Industries has up-to-date knowledge about the development process of a  solar project. Be it access to capital, FIT/PPA contract applications, and in-house technical expert; they can do it all.

Engineering and Design: The company specializes in solar PV engineering and design. They help customers decide with detailed information about the suitability of installing rooftop or ground-mount system based on space and budget.

EPC and Turnkey Projects: Gorkon Industries executes and delivers a project within the specified time and budget. 

The company also works with industries, government, and universities to stay up-to-date with the latest information and technology.

GP Joule

Website: https://www.gp-joule.com

GP Joule provides a wide range of renewable energy solutions, be it solar, biogas, or other energy sources. 

The company supports its partners in every step of a project, starting from the initial concept to generating clean energy. GP Joule also maintains plant operations by offering a range of professional services. 

GP Joule designs and manufactures PHLEGON® Single-Axis Tracker, which is an intelligent tracking system for PV ground-mount projects following the path of the sun. 

The company works with developers, landowners, contractors, lenders, investors, utility services, business, municipality, and consumers, and provides sustainable energy solutions.  

GP Joule began its international operations in 2011 and has set up offices in California (USA), New York (USA), and Reußenköge (Germany).

Illuma Energy

Website: www.illumaenergy.com

Illuma Energy is located in Kingston, Ontario. The company provides reliable solar energy solutions to residential customers, business owners, and industries.

The company has more than 15 years of experience in solar, biomass, and renewables. It has built solar generation systems in Ontario under the FIT and MicroFIT programs that have provided, clean renewable energy to the province. 

Services Offered:

  • Solar Installation and net-metering
  • Off-Grid system and battery Storage
  • Energy auditing and management Controls

Illuma Energy offers high-quality products that are tested in the harshest conditions. The company offers turn-key installations along with 20 years warranties on all products.

Liveoffgrid

Website: Liveoffgrid.ca 

Liveoffgrid was established on the principle of educating and helping out clients about solar energy systems. 

The company has 4 years’ experience in the solar industry and more than 10 years’ experience in the electrical industry.

Benefits the company offers: 

  • Reasonable pricing and knowledge
  • Troubleshooting
  • Maintenance services
  • Turn-Key from design to production.
  • Integration with existing systems

Liveoffgrid has delivered projects and generated solar energy between .2kw and 12MW.

MiEnergy Inc.

Website: www.mienergy.ca

MiEnergy is one of the largest solar and geothermal energy solutions providers in western Canada. 

The company has more than 16 years’ experience in providing solar and geothermal solutions to over 1,500 residential and commercial clients. It has also provided the following products to communities throughout Alberta, Manitoba, and Saskatchewan: 

  • Solar panels for residential customers
  • Solar panels for commercial purpose
  • Solar Panels for communities
  • Solar Panels for farms

By taking services of MiEnergy and investing in solar panels, the residents and business owners of Alberta, Manitoba, and Saskatchewan have got significant savings each month. 

Despite the continued increase in utility rates, solar panels from MiEnergy can save customers an estimated amount of $14,000 in the first 20 years after installation.

Quadra Power Inc.

Website: www.quadrapower.ca

Quadra Power Inc. has experience of handling more than 200 MW of direct solar power construction projects.

The company also has vast experience in areas such as business, finance, and engineering for its sister company Quadra Solar Corp.

The competence of Quadra revolves around PV installation, and it has been involved in installations of both small and large-scale development projects across Ontario. The company is also in the process of international expansion. 

Range of services:

  • Ground-Mounted Solar
  • Rooftop Solar
  • Community Solar
  • Solar Canopy
  • Energy Storage
  • Wholesale Purchasing

Quadra serves the public sector, utility, business, and residential customers. By partnering with other energy expert companies, Quadra provides a high-level of project development excellence.

Solar EPC Canada

Website: www.solarepc.ca

Solar EPC has been witnessing rapid growth, and it is said to be one of the fastest-growing solar installation companies in Canada. 

According to the company, it takes a positive, honest, and smart approach to its solar PV business. Based on this approach, the company has been able to deploy sustainable and innovative solar energy. 

Solar EPC provides a complete range of services including project engineering, procurement, construction work all over the world. The company works on developmental projects for government, private, and utility grade systems, design layouts, and provides energy solutions. 

When providing renewable energy solutions, the company guides through the entire process: site analysis, system design, installation, and maintenance/monitoring for the life of the system.

Solar Plantation

Website: https://solarplantation.ca

Solar Plantation has comprehensive experience of installing all types of ground-mounted solar systems, including helical piles, concrete piles, driven piles, pole-mounts, and others. 

The company mainly specializes in working with piles and ground-mounted systems and has worked on many projects in Alberta since 2012. 

Currently, Solar Plantation is the only company in Western Canada that owns and uses local pile driving equipment for constructing utility-scale solar PV projects. 

Combining efficient technology, high skill set, and vast experience, the company makes the solar system installation process simpler and better for both residential and commercial consumers. 

Spark Power Corp

Website: https://sparkpowercorp.com

Spark Power Corp. is one of the leading electrical power services and solutions providers. The company has been serving more than 6,500 commercial, industrial, renewable, and agricultural customers as well as utility markets. 

After the implementation of the Green Energy Act in Ontario in 2009, the company has positioned itself as a leader in providing solar-based solutions. It also manages two solar co-operatives, AGRIS Co-op and GECO under long-term contracts.

Services offered:

  • Solar power and electrical
  • Power equipment and controls
  • Operations and maintenance
  • Power advisory and sustainability

Spark Power’s skilled engineering, design, and technical teams deploy complete energy projects and meet the needs of its customers.

Conclusion

Implementing solar energy projects requires skill, experience, and commitment. Renewable energy companies need to focus on all the key areas of solar project construction and development of PV plants

In addition, those companies should have expertise in managing matters related to business, finance, and engineering.

The solar installers listed in this post have been known for their experience, skills, work ethic, and reputation. We will keep updating this list from time-to-time to provide you with unbiased and authentic information on solar energy installers so that you can compare before working with any of these companies. Keep checking our posts!

Related article: Top 10 Technological Breakthroughs in the Solar Industry

Top 10 Solar Asset Management Tools

Managing a renewable energy asset is a critical task, and it involves a lot of things than managing on-site activities. If you are responsible for managing solar assets, you know that you have to toggle between various tasks and coordinate with numerous stakeholders. 

Using an advanced and efficient solar asset management tool can help you centralize data and manage tasks. In this way, you can save a significant amount of time. 

In this post, we will talk about 10 leading solar asset management tools that are specifically designed to manage renewable energy businesses, including solar energy. These tools will make life easier for solar asset managers. Here is the list:

PowerHub Asset Management

PowerHub is a smart asset management software, which is designed for business and financial management. 

This tool is customizable and flexible, and ideal for solar energy professionals to fulfill their requirements such as region-wise data collection.  

PowerHub provides efficiency and insights for faster business growth by centralizing and connecting project information. 

As an asset manager, you can easily configure the software to meet your business needs by gathering all the relevant information whenever you need it. 

Key Features and Benefits

Automated Workflows and Reports: Automated workflows and reports will help you work more efficiently without having to waste time on data tracking. 

Automated Invoicing: Invoicing is a crucial part of any business, and solar companies are no exception. PowerHub simplifies your invoicing process and ensures timely payment. Use the data gathered on the software to generate automated invoices.

Financial Management: Financial management includes budgeting, accounts, billing, and more. You can easily carry out your accounting tasks either on this tool as an alternative to your existing accounting platform. 

Communications and Tracking: You can send, forward, and cc emails using PowerHub. You can also archive your communications for future reference. 

Contract and Compliance Management: Using this software, meeting all the compliance requirements will be easy and timely. You can also check the compliance status of your projects, update procedures, set up processes for auditing, and reply to compliance notices.

Task and Event Management: Manage tasks and events using this software like your asset management assistant. It will help you and your team stay on track about the important tasks. 

Managing Documentation: Find important documents using the software, then manage and collaborate with others by sharing with them. 

Portfolio Management: The software enables you to manage your project portfolio by collating and consolidating project-related data, allocating resources, and doing risk management. 

Operational KPI Tracking: When running a renewable energy project, you can track the key performance indicators (KPIs) via PowerHub. It is way easier to do all the performance tracking using the tool. 

Work Orders: All the aspects of a project in PowerHub are interconnected. Due to this, it is easy to create/manage work orders, monitoring their status, assign to others, and communicating with team members. 

Overall, PowerHub is a flexible tool that can help you do all kinds of tasks seamlessly related to asset management. 

ACTIS 

ACTIS is one of the first solar ERPs in the world. It is a quality tool that helps optimizing Solar PV Performance. The manufacturer of this product is “Alectris.” The company specializes in delivering asset care innovation for the global solar industry. 

This software does much more than the monitoring of daily energy generation. The tool also ensures the optimum performance of a solar plant through various parameters. ACTIS does real-time monitoring of over 70 parameters on individual solar assets in a solar portfolio, regardless of their location. 

The purpose of developing ACTIS is for the following reasons: 

  • Consolidate data from various monitoring systems 
  • Standardize the data alert process 
  • Integrate with accounting software 
  • Customize/design existing and reports for finance and operations.

These benefits result in up to 77% improvement in solar project management and procedures. 

Main Features of ACTIS

  • Monitoring all types of devices such as inverters, trackers, UPS, feeder protectors, meters, strings, temperatures irradiation, and others
  • Collecting data of vast parameters of the equipment operation along with their internal logs
  • Monitoring the quality of the communication network 
  • Monitoring the security system
  • Assessment through comparing data
  • Dashboards with reflecting real-time information about the plant operation and portfolio
  • Complete alerting along with the scope of configuration to even individual string level
  • Availability of more than 35 different customizable charts to analyze technical and financial data.

User Benefits

  • Taking corrective steps via remote diagnosis of any glitch or malfunction and constant alerting
  • Evaluating incident impact and making a cross-comparison by continuous data recording and analysis
  • Improving via root cause analysis
  • Around-the-clock tracking and monitoring of the plant operational data and supervising all equipment and security systems 
  • Integrating all the charts and reports.

So, if you need to optimize solar PV Performance and do complete solar asset management, ACTIS is the go-to tool for that purpose. 

Drive

Drive software has been designed to bridge the gap between critical areas such as operations, technology, and people.

Power Factors created this cloud-based software, which provides owners and operators of solar power facilities complete insight into real-time asset performance. With this function, they can manage applications efficiently to maximize the performance of solar assets. 

Drive is a platform that helps to scale up to thousands of connected facilities. It helps solar facilities owners reduce the levelized cost of energy (LCOE). The range of benefits that the software provides are below:

  • Drive helps in real-time operations and analyze historical performance, root-cause, downtime, and remote technical asset management.
  • The software curates and structures raw data hardware or third-party data systems to make sure that the data is reliable for visual and analytical applications. 
  • Drive is useful for setting user-defined criteria to identify operational events that affect production. Subsequently, users can curate, edit, and catalogue the data for notifying, troubleshooting, and reporting.

Drive has an asset-centric maintenance management system that connects operational events, compliance/contractual obligations, and maintenance history. Also, with the fully integrated data and event engines, operators can manage:

  • Planning and scheduling
  • Dispatching work orders 
  • Managing reports, KPIs, and dashboards
  • Storerooms, inventory management, and spare parts
  • Meeting contractual compliance

Also, the automated workflow and failure categorization feature of Drive helps increase asset life and productivity.

Solar-Log Software

Solar-Log™ offers to products, which are Solar-Log Base and Solar-Log WEB Enerest™ with the purpose of PV monitoring, smart energy, and feed-in management. 

Benefits of Solar-Log Base

  • Easy to Install: The Solar-Log Base is a compact device and easy to install. Handling is even easier. The job of connecting to individual modules is done via an integrated bus system.
  • Innovative direct marketing solutions: Earlier, to transmit data to the direct marketer, an external router was needed. Later, it became possible to make VPN data transfer without any additional hardware. This integration saves the cost of hardware as well as the installation.
  • Installation License: Using the Solar-Log Base devices, it is easy to activate the required licenses free-of-charge during the installation for 30 days. During this period, you can purchase licenses from the License Shop and register remotely. 
  • Optimized Price: Price optimization is a benefit that you can get using the Solar-Log Base regarding various software licenses. The licenses and interface elements can be purchased as and when required. 
  • Easy Modular Design: The easy modular design of the Solar-Log Base offers complete flexibility. It is possible to select each function for each PV plant depending on the requirements. 
  • Smart Energy: Another key benefit of this device is the customized optimization of self-consumption. Through smart interaction with all components in your solar plant, you can achieve higher security and greater return on investment. 

Solar-Log WEB Enerest™ – Online Portal

Benefits of Solar-Log WEB Enerest™

  • High-level Performance to Analyze Errors: Solar-Log WEB Enerest™ has a smart real-time compilation feature to collate relevant individual plant information for analyzing errors. Tools for collecting data include plant processes, component configuration, daily values, and a “heat map.” This enables quicker and easier troubleshooting and ensures the seamless operation of the plant.
  • Easy Administration: By using Solar-Log WEB Enerest™, you can assign a user with individual rights to every solar plant through the User and Plant Management section. It is also possible to assign individual plants to a user group. By clicking on a plant, you can view displays of its properties at a glance. 
  • Improved Task List: The portal will help you categorize tasks based on their status. Red refers to open tasks, yellow is for tasks that are in-progress, and green indicates completed tasks. 

Both Solar-Log Base and Solar-Log WEB Enerest™ have low investment and installation costs. The tools enable the consumption of self-produced solar power, which eliminates the need to buy expensive power from the grid.

3megawatt BluePoint

3megawatt is another well-known solar asset management tool that offers a secure cloud-based solution for managing central data in all stages of the renewable energy life cycle. 

Key Features and Benefits

Plant and Portfolio Management: You can see all the data related to plant or portfolio level data from a centralized source. This is why you will always have a clear tracking of your assets.

Streamlining of Reports: Using the central data and the drag-and-drop report editor, you can easily streamline your reports.

Contracts and Compliance: You will be able to manage your contracts and fix schedules for meeting compliance requirements. 

Centralized Performance Monitoring: Check the data of one or more plants to see their performance using the data sources. 

Automation of Tasks and Work Orders: Create tasks and reduce downtime. Through automation, the tool will help you save time and lower risk. 

Automated Invoicing: Create paperless invoicing using the automated invoice feature. In this way, all of your invoicing data will be at your fingertips. On top of it, invoices will be accurate. 

Easy to Scale a Team’s Capacity: The tool has user analytics, advanced access control settings, audit logs, and multi-language platform to scale up the capacity of a team.

Centralized Financial Management: You can get all the financial solutions such as financial statements and KPIs on a single platform.

3megawatt  software can surely help you scale your renewable energy portfolio.

ENACT Systems 

ENACT is a software that provides a single platform for managing solar projects, including design, financing, and installation. The primary customers of this software are large enterprises in retail, logistics, hospitality, and industrial sectors that seek solar deployment across their portfolio. 

Benefits of ENACT SYSTEMS

Design & Engineering: ENACT provides a platform to analyze any residential or commercial solar plant site remotely. 

You can use remote visual design and drone imaging systems to reduce the inspection time for your project. Also, due to an increase in efficiency, you can create faster proposals reducing sales cycles, overall installation time, and cost of the inspection. 

Feasibility Analysis: You can carry out a feasibility analysis to decide if solar is the right choice for you. By using your location and electricity bill, the software can help you analyze if solar is cost-effective for you. Also, using the system, you can do designing, size Optimization, and rate analysis. 

Installation Management: With the help of ENACT, solar solution providers will find it easy to manage the installation process. You can manage your team’s workflow, third-party vendors, and the progress of a project with a few clicks. 

Finance Management: You can do complete finance management for your solar project. The software will help calculate your investment and ROI before installation or tax benefits after installation. 

Portfolio Management: ENACT helps you get consolidated portfolio management of your project. You can easily track installation progress, system performance, documents, and reporting for various projects. 

Arbox HAP

HAP is a useful software for consolidating and automating commercial, financial, and technical asset management into a centralized platform. 

The centralized financial data repository and an integrated monitoring dashboard ensure the smooth management of your portfolio. 

Benefits of using HAP

Managing Operations: You can smartly manage your work with HAP’s portfolio management feature. Managing documents compliance obligations, tracking tasks, and work orders have never been easier.

Financial Management: Get automated invoices, manage your contracts, profit & loss, budgets, cash flow, all in a single platform by syncing with your accounting software.

Performance Monitoring: Monitor all your solar assets, channels, and devices with the performance dashboard that has an asset registry, KPI modules, multidimensional charts, and alarms.

Report Generation: Generate advanced reports financial and technical performance of all your assets in your portfolio. Make use of the report writer to create your reports.

Using the HAP tool, you can focus on improving and streamlining internal operations in the renewable space.

PredictEnergy®

PredictEnergy® is a cloud-based energy management software that helps in integrating real-time energy data with the facility production metrics.

Energy Monitoring: The software enables us to do energy monitoring. Effective energy monitoring consists of identifying peak demand; single/multiple metering with logical and physical meters; Key-Value Pair (KVP) energy reporting and demand per unit time; and user administration.

Power Quality: Power quality refers to the quality of the power that is supplied to a local utility. Electrical devices need a certain level of voltage, power quality, frequency, and stability for consistent energy supply. PredictEnergy® makes sure to meet all of these parameters. 

Managing Energy Assets: You can manage your energy assets through a systematic process of profiling and evaluating assets to achieve the highest system performance. Also, with the help of this software, you can reduce the maintenance cost. 

Energy Analytics: Through the energy analytics feature, you can:  

  • Manage all your energy assets
  • Measure power and energy against your business and tariff
  • Carry out evaluation of real-time energy, demand cost, and forecasting
  • Analyze unit production energy cost along with comparisons
  • Analyze the actual energy costs of production equipment
  • Control the energy costs of the unit level of your business.

Using PredictEnergy®, you can also track the return on your energy investments and significantly reduce your operational costs.

Ra Power Management (RPM) cloud-based software platform

RPM software will enable you to calculate valuations, make forecasts on cash flow, manage and allocate funds, generate customized reports and analytics, and more.

Key Benefits of Ra Power Management (RPM)

  • Automating all the manual tasks
  • Improving transparency of the project portfolio
  • Reducing the costs of asset management
  • Meeting all the compliance obligations
  • Saving time and minimizing risk.

Forecasting and Modelling: The tool will help you predict projections of seasonal kWh, valuation of assets/funds, forecast cash flow, and manage/structure asset trances.

Real-time Results: Get a real-time display of important information, do value assessment, identify risks, and review compliance requirements.

Asset & Investment Management: Have clear visibility of investments, fund deployment, capital, and covenant compliance. 

Reporting & Analytics: Develop and manage various reports and metrics for analyzing the production, evaluating financial performance, calculating the residual value, and analyzing the stress test scenario. 

Using this tool, you can streamline financial operations and can focus more on efficiently running your business.

LENS™ proprietary cloud-based technology platform 

LENS™ is a software made by RadianGEN. It is a cloud-based platform that has been designed to deliver the best practices of the solar industry to your assets.

By using this software, you can do comprehensive management of your renewable energy assets to deliver optimum results for owners, investors, owners, and developers. 

Key Features of LENS™

  • Monitoring: You can view your asset performance and identify major trends through automated data monitoring and data quality measures.
  • Asset Registry: All of your records related to project or portfolio are maintained in a cloud-based centralized repository.
  • Contract Compliance: You can track all the contractual and regulatory terms with the help of programmed alerts to ensure compliance.
  • Reporting: You can get detailed reports and metrics, make a comparison between forecasts and actual production.

Benefits of LENS™

  • Get clear insights into your portfolio and optimize your assets
  • Reduce contractual and regulatory and compliance risk
  • Implement the industry-specific best practices related to asset management.

So, by using LENS™ software, you can improve and manage the performance of your renewable assets. 

Related article: Digital Marketing Strategy to Generate Solar Leads

Conclusion

As the solar industry is constantly evolving, managing solar assets has become a complex process. Businesses need to make the necessary adjustments to keep up with the changing market conditions to take advantage of growth opportunities. This is why businesses require some advanced tools for effective asset management.

The listed solar asset management tools are tailor-made for solar asset managers to efficiently manage their work and optimize the assets’ financial performance. Additionally, these tools will ensure that you meet all the compliance requirements of the industry. 

Related article: 9 Free Marketing Tools that Solar Installation Companies Can Use