The latest report from the International Renewable Energy Agency (IRENA) shows that compared with the most competitive fossil fuel options, the share of lower-cost renewable energy has doubled in 2020. The cost of the 162 gigawatts (GW) or 62% of the total renewable power generation added last year was lower than the cheapest new fossil fuels. The cost of renewable energy power generation in 2020 shows that the cost of renewable energy technology continues to drop significantly year-on-year. Concentrated solar power (CSP) fell 16%, onshore wind power fell 13%, offshore wind power fell 9%, and solar photovoltaic fell 7%. Due to the low cost, renewable energy has increasingly weakened the operating costs of existing coal. Low-cost renewable energy provides a strong business case for developed and developing countries to pursue a net-zero economy for coal power generation in the past. New renewable energy projects in 2020 alone will save emerging economies up to US$156 billion in their life cycles. By 2022, global renewable energy costs will further decline, and onshore wind power will be 20-27% lower than the cheapest new coal-fired power generation program. In the next two years, 74% of all new solar photovoltaic projects that will be competitively purchased through auctions and tenders will have a bid price lower than that of New Coal Power. This trend confirms that low-cost renewable energy is not only the backbone of the power system, but will also be electrified in end-uses such as transportation, construction, and industry, and will enable competitive indirect electrification through renewable hydrogen. We-uisolar is doing our best to do Contribute to new energy. We have more than 10 years experiences at solar racking. And we will do it all the time.
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Recently, the Brazilian Photovoltaic Association announced that in the past two months, Brazil has added 1GW of photovoltaic installed capacity, which means that the cumulative photovoltaic installed capacity of the most active photovoltaic market in South America has exceeded the 9GW mark. In the past year and a half, distributed photovoltaics have made considerable progress in the Brazilian market, and at the same time, more and more power purchase agreements have been signed by large-scale ground power stations. By the end of 2020, Brazil's distributed photovoltaic capacity has reached 5GW, occupying most of the market share. In 2020 alone, distributed photovoltaic capacity will increase by 4.4GW, accounting for 59% of the total annual new capacity. Although the Brazilian government plans to abolish all wind and solar new project subsidies in 2022, with the continuous outbreak of distributed and large-scale ground-based photovoltaic power plant applications and development, Brazil's photovoltaic installed capacity in 2021 is very likely to reach a new high. Reprinted Polaris Solar Photovoltaic Network Statement
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Singapore’s Green Plan 2030 could spearhead investments in solar sector By Edith Hancock Singapore’s recently unveiled Green Plan 2030 could kickstart the country’s emerging solar sector, according to a new report from analyst Fitch Solutions. The market research group assessed the a range of targets that make up the plan, including the deployment of 2GW of solar PV by 2030. The Green Plan sets out a target to quadruple Singapore’s solar fleet within the next four years, which includes covering Housing and Development Board properties with solar panels. The government has also set out a mission to be a “leading centre for green finance” both in Asia and worldwide, developing green finance investment solutions and building up knowledge in the sector. Fitch said in a report that the strategy could “spearhead investments into cleaner infrastructure, which will be an increasingly important growth driver in the market over the longer term”. It said that the country’s high solar irradiance makes the country “very attractive” to prospective developers, although the scarcity of land suitable for large-scale solar will mean that the majority of growth will come from rooftop or floating PV installations. A number of multinational corporations are tapping into Singapore’s potential for solar through alternative developments. Tech giant Amazon said in March it will fund the development of 62MW of solar by procuring power from a network of ‘moveable’ installs that are to be developed by clean energy company Sunseap. Local utility Sembcorp is also working on a 60MW floating solar project, set to be among the world’s largest, after it was selected for the task by Singapore’s National Water Agency PUB. Although growth will be driven by smaller-scale installations and floating PV, oil and gas major Shell said last November it is exploring the possibility of installing utility-scale solar within the island city state as part of its plan to reach net-zero emissions by 2050. The oil company has also made investments in local developers Sunseap and Cleantech, which itself plans to install 500MW of commercial and industrial solar PV. The Fitch report also noted policy changes that have enabled a faster uptake of large-scale solar. Singapore’s Energy Market Authority has lowered one aspect of its license fee for installations ranging from 10MW to 400MW capacity, reducing the overall cost of installation. The report warns the lack of available land for larger developments will “curb a substantial solar capacity build-out”, and predicts that the country will reach roughly 1.5GW of installed PV by 2030, rather than the 2GW targeted by the government. We, UISOLAR specialized in Solar Mounting suppling for Singapore market for more than 10years. Several clamps customized for Singapore Market always to be hot sales in the market. And also, the UISOLAR Ballast Mounting designed for the Flat concrete roof, which is light , easy installation , also hot in Singapore. Any&n...
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The deteriorating epidemic situation in India is attracting more attention. South Asia, Southeast Asia and other places have clearly seen the epidemic spread. The blockade measures brought about by the epidemic may once again delay the construction of photovoltaic power plants. On the other hand, the intensification of the epidemic has brought a certain degree of impact to the shipping industry in the short term, and shipping costs are expected to continue to remain high during the year. In addition, China, which has the greatest potential for installed capacity in the world, is still under pressure from fluctuations in the photovoltaic supply chain, and progress in ground solar power stations has been slow. Various signs show that the photovoltaic market in Asia in the first half of this year is relatively sluggish, and the annual installed capacity may be lower than expected at the beginning of the year. Out of control of the epidemic, Indian developers seek another extension of the project deadline from the Ministry of Energy. Last year, India announced that due to the slowdown in photovoltaic manufacturing and power station projects due to the complete blockade in March, the annual installed capacity was only 3.2GW, a decrease of 56% from the 7.3GW in 2019. At the beginning of this year, many analysis agencies predicted that the Indian market will usher in a rebound this year and is expected to return to the installed capacity in 2019. However, as far as the current situation is concerned, even if the window period of less than one year before April 1, 2022 (India’s tariffs on imported photovoltaic cells and modules will be increased to 25% and 40%), it is difficult to save India’s this year. Installed capacity. On the one hand, the modules that India snapped up from China are likely to be stockpiled first, and there will be no time to install and connect to the grid during the year. On the other hand, the price of modules continues to rise due to the price increase of upstream silicon materials; photovoltaic inverters are facing a serious shortage of chips; at the same time, shipping Fees are still rising; a substantial increase in overall costs will reduce India's installed capacity this year. In 2021, India’s new photovoltaic installations are likely to remain at 3.2GW or even lower last year. At present, due to a large number of laborers returning home to avoid the epidemic, roof installations in most parts of India are affected. Utility-scale projects are facing delays in commissioning. Some developers have begun to seek another extension of the project period from the Ministry of Energy. The second outbreak of the epidemic caused foreign capital to flee, and suppliers strategically abandoned the market. A photovoltaic manufacturer told photovoltaics, “There are already many photovoltaic companies that have strategically put aside the Indian market. At most, they can maintain a few core customers to prevent them from being completely bla...
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It is the employee birthday party held once a month. UISOLAR as a supplier of solar mounts, organized birthday parties for employees., which shows the company's humanistic care for each employee, enhances the employee's sense of belonging, and enables everyone to truly integrate into the company's big family. This birthday party is held in our beautiful greenhouse,with sweet birthday cakes and rich fruit snacks, the birthday stars gather together, and their words all reveal family-like warmth and care, sincere greetings, and blessings from all colleagues. The faces of the "birthday stars" are filled with happiness. With a happy birthday song, everyone made a birthday wish together. UISOLAR is willing to join hands with everyone to grow together! Realize our vision together to make home a better place! To be a good supplier for solar mounting bracket !
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As a market with huge potential, Vietnam has always been the focus of UISOLAR. According to reports, in order to ease the pressure on the power grid, Vietnam is looking for ways to "cool down" rooftop photovoltaic installations.It plans to reduce the feed-in tariff subsidies available for rooftop photovoltaic projects from April, and the reduction ratio will be as high as 30.8%-37.9%. "Grand Unity" pointed out that the reduction of the rooftop photovoltaic feed-in tariff subsidy by the Ministry of Industry and Trade of Vietnam was “expected”. As early as January this year, the National Power Dispatching Center of Vietnam proposed that due to the excessive growth of rooftop photovoltaic installation last year, Vietnam will cut 500 million kWh of photovoltaic power generation this year. In addition, the photovoltaic power generation market will be planned as a whole according to clear standards to limit disorderly development. It is understood that in 2020, there has been a “running wave” of rooftop photovoltaic installation in Vietnam. In December alone, the installed capacity exceeded 6.7 GW, and the annual new installed capacity exceeded 9 GW. As of January this year, the cumulative installed capacity of rooftop photovoltaics in Vietnam has increased from 378 MW in 2019 to 9.583 GW, an increase of 2435 percent. In fact, in recent years, Vietnam has become one of the fastest growing markets for renewable energy scale electricity in Asia. However, due to the lagging development of the Vietnamese power system, the surge in the installed capacity of renewable energy power has also caused the industry to worry about the stability of Vietnam's power grid. EVN once stated in a report that in Vietnam, photovoltaic power generation has accounted for 1/4 of the total power generation of the power system. This explosive growth has affected the stability of Vietnam's power distribution system. According to the Vietnamese government’s draft of power development plan this year, Vietnam needs to invest as much as $128.3 billion in the power industry from 2021 to 2030, of which nearly 1/5 of which needs to be invested in the construction of power grids. In this way, by 2030, Vietnam’s total installed power capacity can be increased from 69 GW at the end of last year to 137.2 GW to meet its power needs. As a PV Mounting Brackets’ supplier for more than 10 years, UISOLAR will also be committed to better developing the Vietnamese market.
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Universe Solar(UISOLAR) is a high-tech enterprise specializing in the development,manufacturing and marketing of PV mounting. With our top quality and service, UISOLAR mountings are welcomed by most of the installers, distributors, and EPC ect. all over the world.
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