Welcome back to another busy week! This time, we are covering how COVID-19 caused the new orders of some Italian PV companies to decrease by 75% YoY, Israel’s billion-dollar-plan of investing in clean energy and water infrastructure, Jinko Solar’s groundbreaking 580W modules, and many more!
Your Monday Briefings is now divided into 2 sections:
- The 1st section has all the solar news related to COVID-19
- The 2nd section has the solar news which have little to do with the pandemic.
If you want to read news unrelated to the coronavirus, you can simply scroll down to the 2nd section of the article.
SECTION 1: COVID-19 WATCH
This is not Adani’s first time adopting Huawei’s technology. In fact, 96% of Adani’s renewable energy projects use Huawei Smart PV Solution.
For this project particularly, Huawei Smart PV 1500 V Solution was deployed, including 312 SUN2000-185KTL-INH0 smart inverters.
Successful grid connection was achieved for the project two months ahead of schedule.
Italia Solare, the Italian PV association, has conducted a research, surveying the impact of COVID-19 on Italy’s PV industry. And the result is disastrous.
The association has received 500 responses, which painted a gloomy picture:
- 32% of the respondents said their new orders have decreased by 75% and 100% YoY.
- 40% of the respondents said their new orders have decreased by 25% and 74% YoY.
- 29% of the respondents said their new orders have decreased by up to 25%
Understandably, Italy’s PV industry is demanding swift actions from the government, e.g. simplifying the process of issuing the permits for new PV plants, promoting agrivoltaics and more.
SECTION 2-1: NON-COVID-19 Regional Market News
And for those of you who are sick of COVID-19 news, here are the news that are not (entirely) related to COVID-19.
Australia’s Government of Tasmania has released a draft of renewable energy action plan.
The government has set an interim goal that the state will generate 15,750GWh of renewable energy annually by 2030.
1. Guangxi Zhuang Autonomous Region
On May 13, Guangxi Power Grid announced the first batch of approved subsidies for renewable energy power generation projects (Phase 1).
According to statistics, the total capacity of PV projects included in the first batch of renewable energy subsidy projects was 490MW.
And the total capacity of PV projects included in the first 7 batches of new renewable energy tariff surcharge subsidy catalogue was 120 MW.
The total capacity of the distributed PV projects owned by non-natural persons, which were included in the first 7 batches was 43.4774MW.
2. Liaoning Province
On May 14, Liaoning Provincial Development and Reform Commission has officially released the "The Construction Plan for Liaoning Province Wind Power Project” and "The Construction Plan for Liaoning Province PV Power Generation Project Construction Plan."
According to the documents, the total activated capacity of the new round of key photovoltaic projects is under 1.5 GW.
The project should be completed before the end of 2022. The parts of the project that are qualified to start the construction will strive to have a head start in construction in the first half of 2020.
3. Shandong Province
The bid evaluation of Huanghai Shipbuilding’s 7MW PV power plant project has been completed now.
Jinko Solar won the bid with a total price of roughly US$1,488,271 (RMB 10,570,000), which is equivalent to US$0.21/W (RMB 1.51/W).
Israel’s Ministry of Energy recently announced an investment plan of clean energy and water infrastructure, totaling approximately US$7.1 billion.
US$1.8 billion will be invested in the 2 GW of new PV installation across Israel.
The plan also includes relaunching the tender of the previously canceled Negev energy project, of which the PV capacity has jumped from 300 MW to 500 MW of PV capacity.
The U.S. Department of Commerce has determined the countervailing duties for the following China’s PV products:
- Suntech Power Co., Ltd. 27.65%;
- Trina Solar Co., Ltd. 33.50%,
- Others 33.58%.
SECTION 2-2: NON-COVID-19 Company News
Jinko Solar announced that it is officially launching its 2020 flagship modules, Tiger Pro series on May 15, 2020.
This product launch was conducted via webcasts worldwide.
The Tiger Pro series includes three flagship models that fully demonstrate the innovations in power and efficiency.
The module power can reach up to 580W, which is 40% higher than the mainstream modules of the current utility-scale power stations.
This series adopts the innovative 9BB Multi Busbars (MBB) and tiling ribbon technology. The performance is significantly improved and the conversion efficiency is as high as 21.6% as a result.
In addition to unparalleled power generation performance and excellent temperature coefficient, the advantages of the Tiger Pro series include lower degradation rate (2% in the first year) and better open circuit voltage.
Compared with traditional modules, the LCOE is vastly reduced. The high energy density of the modules provides investors with maximum power generation.
The mass production of the module series is expected to begin in 2020Q3, and is expected to be the trendsetter and become the mainstream modules for large-scale ground-mounted power stations.
Source: Jinko Solar
LONGi has lowered its wafer prices again.
The price of P type M6 175μm Mono-Si Wafers（166/223mm）was RMB 2.77 and US$0.347
The price of P type 158.75/223mm 175μm Mono Wafer was RMB 2.68 and US$0.336.
ReneSola and Prosun Solar
ReneSola and the Australian PV equipment distributor Prosun Solar have announced that they have signed a 150 MW distribution agreement in Australia.
Jiangsu Seraphim Solar System
Seraphim has recently announced that it has completed the 183 MW module supply agreement of PV power plant project with the well-known EPC provider ERS Energy.