 |
The 2015 SNEC exhibition is around the corner, and the PV demand in China is expected to boost after the convention. EnergyTrend forecasts a stronger market starting from the second quarter of 2015 despite the PV spot prices remain as flat as previous weeks due to weak demand.
China’s National Energy Administration (NEA) unveiled a report of the PV installation capacity in the first quarter. Surprisingly, it installed up to 5.04GW of solar power nationwide – more than the 3.3GW installation capacity in the first and second quarter of 2014. Among the new installations, there are 4.38GW of large-scale PV power plants and 0.66GW of distributed generation systems. Besides, the cumulative PV installation in China reached 33.12GW in March 2015.
Japan, the other leading PV market in the Asia, is forecasted to install up to 100GW of solar capacity by 2030, according to JPEA’s latest report. As more and more renewable resources come online, some power companies see battery energy storage systems, grid connection and frequency regulation as future markets. The global renewable market may start transforming in the near future.
Market Research
Special Issues
- Sustainable sector stocks and investment ideas
- Solar Impulse Arrives in Nanjing After Being Grounded in China for Around Three Weeks
Highlights
- China’s Newly-Installed PV Capacity Reaches 5.04GW in the First Quarter of 2015
- JPEA Announces Cumulative PV Installation of 100GW by 2030 in Japan
- Subsidiary of Zhonghuan Semiconductor, Shengtian New Energy, Join Forces for Apple’s PV Project in Sichuan
- Southern Company Continues Expansion in Renewable Energy Portfolios
- NextEra Energy to Purchase 1.5GW of Q CELLS’ PV Modules
- Toshiba and Sumitomo to Work on Battery Energy Storage Project in Northeastern US
- SunPower to Build an 86MW Solar Power Plant in South Africa
- Suntech to Unveil Four-busbar High-Efficiency PV Modules
- SPI Extends Its Solarbao Service to the World
Business/Investment/Financing/Partnership
- SunEdison And TerraForm Power Close Financing For A Portfolio Of 97 MW Of Solar Projects
- Credit Suisse Invests over $1 Billion in SolarCity’s Fund for Commercial PV Projects
- Yingli Obtains RMB300 Million for a 50MW PV Project in China
- Kingspan Enters into the US Commercial Solar Market
- SPI Announces and ZBB Energy Corporation Enter into Strategic Partnership
- GE to Invest in a 42MW Japanese Solar Project
Construction/Installation
- Australia’s Largest Solar Project Completed with PV Modules from First Solar
- Yingli Provides High-Efficiency Solar Panels to Pakistan's Parliament House
- BWE Partnership to Construct Scotland’s Largest Solar Park
- Former RAF Coltishall Approves of £50m Solar Farm Renewable Energy Scheme
- NRG and SunShare Built US’s Largest Solar Community Garden
- SolarWorld Paves Solar Panels for USDA in D.C. Area
- SunEdison Turns Landfill Site into a Solar Power Plant
- Georgia Power Breaks Ground for 30MW Fort Benning Solar Project
Research and Innovation
- NSP Works With DuPont on High-Efficiency Technology Development
- Solar-Tectic’s Superconductivity Invention Awarded Patent in the US
- Siemens Introduces Remote-controllable EV Charging Solution for Residential Use
Other Renewables
- Toshiba to Demonstrate Independent Energy Supply System, H2One
- Free EV Charging in San Francisco Offered by “Driving on Sunshine”
- EDF RE Completed a 200MW Wind Project in Texas
- BlackRock Purchased Interests in an 80MW Wind Portfolio in Iowa
- Sempra U.S. Gas & Power Acquired a Minnesota Wind Project
- Saft Wins Li-ion Battery Systems Orders from Indian Telecom Operator
