Photovoltaics

Solar Power Market to Reach 4766.82 GW by 2026; Increasing Government Investment in Solar Energy Generation to Boost the Market, says Fortune Business Insights

Retrieved on: 
Wednesday, July 3, 2019

According to a report published by Fortune Business Insights, titled " Solar Power Market : Global Market Analysis, Insights and Forecast, 2019-2026," the market estimated to be at 680.22 GW in 2019.

Key Points: 
  • According to a report published by Fortune Business Insights, titled " Solar Power Market : Global Market Analysis, Insights and Forecast, 2019-2026," the market estimated to be at 680.22 GW in 2019.
  • Fortune Business Insights has predicted that the market will reach 4766.82 GW by 2026, thereby exhibiting a CAGR of 30.7%.
  • The advancements in photovoltaic technology in recent years have boded well for the global Solar Power Market.
  • Furthermore, increasing efforts towards ensuring optimum solar energy consumption will aid the growth of the global Solar Power Market in the forthcoming years.

REDAVIA Deploys Solar Farm for Leading Ghanaian Agrofoods Business, Movelle Company

Retrieved on: 
Wednesday, July 3, 2019

MUNICH, July 3, 2019 /PRNewswire/ -- REDAVIA , a global market leader of cost-effective, reliable and clean solar power for businesses and communities, deployed a solar farm last week for the Movelle Company , one of Ghana's leading agrofoods businesses at theirsitein Takoradi, Ghana.

Key Points: 
  • MUNICH, July 3, 2019 /PRNewswire/ -- REDAVIA , a global market leader of cost-effective, reliable and clean solar power for businesses and communities, deployed a solar farm last week for the Movelle Company , one of Ghana's leading agrofoods businesses at theirsitein Takoradi, Ghana.
  • In order to save costs on their current electricity bill, Movelle elected REDAVIAto deploy a solar farm at its cold storage site.
  • REDAVIA's flexible lease contract enabled Movelle to supplement its grid power with more affordable, clean solar power, without the burden of a large up-front capital outlay.
  • Last week, REDAVIA's onsite engineers deployed an initial 90 kWp of solar at the Movelle site.

Solar PV Module, Update 2018 - Global Market Size, Competitive Landscape and Key Country Analysis to 2022

Retrieved on: 
Tuesday, July 2, 2019

Solar PV Module, Update 2018 - Global Market Size, Competitive Landscape and Key Country Analysis to 2022

Key Points: 
  • Solar PV Module, Update 2018 - Global Market Size, Competitive Landscape and Key Country Analysis to 2022
    Despite a drop in its share, the Asia-Pacific (APAC) region, with its large population base and strong requirement for electricity generation capacity, will continue to influence the global solar PV module market over the forecast period 2018-2022.
  • Market saturation, reduction in subsidies and declining costs of technologies are the major factors impacting the global solar PV module market.
  • The latest report "Solar PV Module, Update 2018 - Global Market Size, Competitive Landscape and Key Country Analysis to 2022", offers comprehensive information and understanding of the global solar PV module market.
  • - It provides competitive landscape at country level for the year 2017, profiles of major players in solar PV module market, and country level key projects.

Risen Energy further strengthens Vietnamese PV market

Retrieved on: 
Tuesday, July 2, 2019

Risen Energy, a leading China-based PV solutions provider that's traded as an A-share on China's Shenzhen Stock Exchange, recently announced that the NHI HA 50MW solar power station project owned by Vietnam-based Bitexco Group's subsidiary Thap Cham Solar, from which Risen Energy won the bid last October, has been successfully connected to the grid.

Key Points: 
  • Risen Energy, a leading China-based PV solutions provider that's traded as an A-share on China's Shenzhen Stock Exchange, recently announced that the NHI HA 50MW solar power station project owned by Vietnam-based Bitexco Group's subsidiary Thap Cham Solar, from which Risen Energy won the bid last October, has been successfully connected to the grid.
  • Risen Energy, the engineering, procurement and construction (EPC) contractor, provided the facility with 5 main-grid 1500 V high-voltage components.
  • Risen Energy said that the successful grid connectiondoes not only help the company benefit from the subsidy, but also give local residents access to environmentally responsible and clean PV power.
  • Prior to this project, Risen Energy's 61MW PV project with Tasco, a Vietnam-based company, had also been connected to the grid.

Risen Energy further strengthens Vietnamese PV market

Retrieved on: 
Tuesday, July 2, 2019

Risen Energy, a leading China-based PV solutions provider that's traded as an A-share on China's Shenzhen Stock Exchange, recently announced that the NHI HA 50MW solar power station project owned by Vietnam-based Bitexco Group's subsidiary Thap Cham Solar, from which Risen Energy won the bid last October, has been successfully connected to the grid.

Key Points: 
  • Risen Energy, a leading China-based PV solutions provider that's traded as an A-share on China's Shenzhen Stock Exchange, recently announced that the NHI HA 50MW solar power station project owned by Vietnam-based Bitexco Group's subsidiary Thap Cham Solar, from which Risen Energy won the bid last October, has been successfully connected to the grid.
  • Risen Energy, the engineering, procurement and construction (EPC) contractor, provided the facility with 5 main-grid 1500 V high-voltage components.
  • Risen Energy said that the successful grid connectiondoes not only help the company benefit from the subsidy, but also give local residents access to environmentally responsible and clean PV power.
  • Prior to this project, Risen Energy's 61MW PV project with Tasco, a Vietnam-based company, had also been connected to the grid.

New Study from Michigan Tech’s Open Sustainability Technology Lab Reveals How Many People It Would Take to Fund Greening the U.S. Electric Grid

Retrieved on: 
Monday, July 1, 2019

Wealth has also been concentrated enough that only 79 American multi-billionaires would need to invest in solar to cut the use of fossil fuels.

Key Points: 
  • Wealth has also been concentrated enough that only 79 American multi-billionaires would need to invest in solar to cut the use of fossil fuels.
  • The Michigan Tech Open Sustainability Technology ( MOST ) Lab produced a study that determined if PV is conservatively deployed based on population density, only 1,544 GW of solar photovoltaic (PV) technology is needed to eliminate the use of fossil fuels on the U.S. electric grid.
  • Previous research showed this would increase jobs and provide higher pay for current fossil fuel workers.
  • View the full release here: https://www.businesswire.com/news/home/20190701005024/en/
    Only 79 investors are needed to solarize the US grid and eliminate all fossil fuel use for electricity.

The global dual-axis solar tracker market at a CAGR of about 14% during the forecast period

Retrieved on: 
Monday, July 1, 2019

Global Dual-Axis Solar Tracker Market: About this market

Key Points: 
  • Global Dual-Axis Solar Tracker Market: About this market
    Dual-axis solar tracker enables two degrees of movement to solar PV modules for efficient tracking of sun throughout the day.
  • Our dual-axis solar tracker market analysis considers sales generated from the adoption of dual-axis solar tracker for non-utility and utility applications.
  • For the detailed list of factors that will drive the global dual-axis solar tracker market during the forecast period 2019-2023, click here.
  • Also, the dual-axis solar tracker market analysis report includes information on upcoming trends and challenges that will influence market growth.

Global Non-Renewable Inverter Market, Forecast to 2025

Retrieved on: 
Monday, July 1, 2019

Sustained growth of the telecommunications sector as well as increasing incorporation of electronic appliances in automobiles has boosted the growth of the global non-renewable inverter market.

Key Points: 
  • Sustained growth of the telecommunications sector as well as increasing incorporation of electronic appliances in automobiles has boosted the growth of the global non-renewable inverter market.
  • Increasing frequency of natural disasters such as hurricanes and storms in North America has created awareness among end users regarding the importance of backup power systems, consequently fueling growth of the non-renewable inverter market.
  • Thus, companies that can develop inverters with enhanced performance capabilities and unique features are bound to register higher revenues.
  • Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

JinkoSolar Commissioned the World's Largest[1] Solar Project in Abu Dhabi

Retrieved on: 
Monday, July 1, 2019

Othman Jumaa Al Ali, EWEC's CEO, added: "Noor Abu Dhabi will generate renewable energy and will enable us to improve the use of our natural resources.

Key Points: 
  • Othman Jumaa Al Ali, EWEC's CEO, added: "Noor Abu Dhabi will generate renewable energy and will enable us to improve the use of our natural resources.
  • Mr. Kangping Chen, CEO of Jinko Solar said, "It is our privilege to participate and contribute to the winning and successful execution of this prestige project that will help power the sustainable economic growth of Abu Dhabi.
  • JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world.
  • JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 10.5 GW for silicon wafers, 7.0 GW for solar cells, and 11.0 GW for solar modules, as of March 31, 2019.

Global Building Integrated Photovoltaics (BIPV) Market to Reach US$9486.38 Million by 2025, Suggests QY Research, Inc.

Retrieved on: 
Friday, June 28, 2019

QY Research analysts have published a detailed report of the market, titled "Global Building Integrated Photovoltaics (BIPV) Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application."

Key Points: 
  • QY Research analysts have published a detailed report of the market, titled "Global Building Integrated Photovoltaics (BIPV) Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application."
  • Global Building Integrated Photovoltaics (BIPV) Market: Drivers
    The growing environmental concerns and various government initiatives to promote renewable energy to tackle climate change have raised the stake for the global market.
  • Global Building Integrated Photovoltaics (BIPV) Market: Segment Analysis
    The global building integrated photovoltaics market is segmented on the basis of type and application.
  • Global Building Integrated Photovoltaics (BIPV) Market: Regional Analysis
    On the basis of region, the global building integrated photovoltaics market is segmented into Latin America, North America, Asia Pacific, Europe, and the Middle East and Africa.