Photovoltaic is an industry with a very high degree of marketization, and market-oriented means are more suitable for promoting the development of the industry. This is also one of the reasons why China's photovoltaic industry leads the world today. As an indispensable force in the global photovoltaic market, the advantages of Chinese photovoltaic companies will not disappear in an instant. Chinese photovoltaic companies look forward to fair and reasonable trade relations and continue to contribute Chinese solutions to the development of the global green industry. Recently, the dynamic changes in the market value rankings of global photovoltaic listed companies have attracted the attention of the international market. According to Bloomberg, on May 17, the market value of First Solar, a US photovoltaic module manufacturer, surpassed Sungrow Power Supply to become the world's most valuable photovoltaic company. As of May 24, First Solar's market value was approximately US$26.7 billion (approximately RMB 193.7 billion), Sungrow Power Supply ranked second with a market value of RMB 150.2 billion, and Longi Green Energy Technology ranked third with a market value of RMB 142.2 billion. This is the first time since 2018 that a US photovoltaic company has topped the global photovoltaic company market value list. For a time, there were mixed voices in the international market that "Chinese photovoltaic companies suffered a Waterloo and their competitiveness declined." However, in fact, the market value of American photovoltaic companies represented by First Solar has jumped, relying on American trade protectionism, which is to impose tariffs on China while providing subsidies to local manufacturers. Chinese photovoltaic companies are not afraid of competition. Photovoltaic is an industry with a very high degree of marketization, and market-oriented means are more suitable for promoting the development of the industry. This is also one of the reasons why China's photovoltaic industry leads the world today. As an indispensable force in the global photovoltaic market, the advantages of Chinese photovoltaic companies will not disappear in an instant. Chinese photovoltaic companies look forward to fair and reasonable trade relations and continue to contribute Chinese solutions to the development of the global green industry. And we will attend the Inter Solar Show in Munich German at 17th-19th June. Welcome to our booth for further cooperation!
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The Ministry of Energy and Water Transformation (PETRA) in Malaysia has announced an incentive program called the "People's Solar Incentive Scheme (SolaRIS)" to encourage residential energy consumers to adopt solar energy. This program is open to all Malaysian citizens with a Tenaga Nasional Berhad (TNB) account, as well as citizens applying for the Net Energy Metering (NEM) program for the first time. The SolaRIS program is based on the Net Energy Metering (NEM) scheme, where the government will provide cash subsidies ranging from 1,000 Malaysian Ringgit to 4,000 Malaysian Ringgit (equivalent to 211 USD to 843 USD) per kWAC to individuals who submit applications for installing solar energy systems to the Sustainable Energy Development Authority (SEDA) after April 1, 2024. PETRA has approved a quota of 350MW for the NEMRakyat program, and the submission window for subsidy applications is open from April 1, 2024, to December 31, 2024 (or until the quota is exhausted). Solar energy systems must be installed and operational by March 31, 2025. Datuk Seri Fadillah Yusof, the Deputy Prime Minister of Malaysia and head of PETRA, stated, "Through this resolution, PETRA believes that SolaRIS will attract more domestic users to participate and enjoy the benefits of installing solar energy systems in residential areas, further promoting the desire for energy transition and our country's carbon neutrality goal by 2050." As part of the SolaRIS initiative, Malaysian citizens looking to harness solar power through the program can enhance their installations with the advanced solar mounting systems from UISOLAR. UISOLAR provides state-of-the-art mounting solutions tailored to maximize the effectiveness and longevity of solar setups, seamlessly integrating them into residential environments. By opting for UISOLAR's premium mounting systems, participants in the SolaRIS program can optimize the performance of their solar energy systems, fostering greater sustainability, cost-efficiency, and environmental impact reduction for years to come.
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Germany, a global leader in renewable energy, saw a notable shift in its solar photovoltaic (PV) landscape in February 2024. According to data released by the Federal Network Agency (Bundesnetzagentur), the country added 1.07GW of solar PV capacity during the month. While maintaining its operation at the gigawatt scale, this figure represents a significant decrease of nearly 25% compared to the previous month. The cumulative installed PV capacity in Germany reached an impressive 84.88GW by the end of February, underscoring the nation's steadfast commitment to sustainable energy solutions. However, the decline in new installations raises questions about the factors influencing this trend. Among the newly added PV capacity, rooftop solar projects supported by EEG funding accounted for a substantial portion, totaling 447.1MW. This indicates ongoing support for decentralized solar generation, a key component of Germany's energy transition strategy. Conversely, unsubsidized ground-mounted projects witnessed a remarkable surge, reaching 383.1MW in February. This growth suggests increased competitiveness and attractiveness of solar investments in the commercial and utility-scale sectors. In this context, companies like UISOLAR have played a significant role in facilitating solar PV installations across various terrains. As a manufacturer of solar PV mounting systems for ground, roof, tin roof, pitched tile roof, and carports for over 15 years, UISOLAR has been at the forefront of providing innovative solutions to meet the diverse needs of solar projects in Germany and beyond. UISOLAR's commitment to quality, reliability, and customer satisfaction has contributed to the success of numerous solar installations, supporting Germany's transition towards renewable energy sources. Furthermore, the Federal Network Agency's announcement of auction results for rooftop solar and sound barrier solar installations sheds light on the evolving dynamics of the solar market. The success of these auctions, particularly in securing projects totaling 264MW, underscores continued interest and investment in solar energy deployment across various sectors. The fluctuation in PV installations reflects the complex interplay of policy frameworks, market dynamics, and technological advancements in Germany's renewable energy sector. While the 25% decrease in February may raise concerns, it also presents an opportunity for stakeholders to assess and address challenges hindering solar deployment. Looking ahead, Germany remains poised to maintain its leadership position in the global energy transition. Continued support for solar innovation, regulatory stability, and strategic investments, coupled with the expertise of companies like UISOLAR, will be crucial in overcoming barriers and accele...
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According to the Global Photovoltaic Market Outlook for the First Quarter of 2024 released by Bloomberg New Energy Finance (BNEF), the global photovoltaic installed capacity will increase from approximately 444GWdc in 2023 to 655GWdc this year. The report presents multiple prediction scenarios for global photovoltaic installed capacity, with conservative and optimistic predictions of 520 GWdc and 655 GWdc, respectively. In the moderate scenario prediction of global photovoltaic installed capacity, the global installed capacity will reach 574GWdc. Leading countries in global photovoltaic installation China will continue to dominate the installed capacity in 2024 (313.7GWdc), accounting for 54.7% of the world's newly added photovoltaic installed capacity this year. Following closely behind are the United States (40.6 GWdc), India (18.1 GWdc), Brazil (17 GWdc), and Germany (16.5 GWdc). Three European countries will increase their photovoltaic installed capacity this year, including Spain (7.54 GWdc), the Netherlands (5.52 GWdc), and Italy (5.25 GWdc). Other countries in the top ten in terms of photovoltaic installed capacity include Japan (5.47 GWdc) and South Africa (4.29 GWdc). The study also examined the cumulative photovoltaic installed capacity of European countries until 2030. Germany leads the European continent with a capacity of 215GW, while Italy and Spain rank second (79.6GW) and third (79.3GW) respectively. By 2030, France (47.6GW), Poland (46.3GW), and the Netherlands (45.7GW) will also become countries with larger photovoltaic installed capacity. The global solar photovoltaic industry achieved remarkable growth in 2023, with installed capacity increasing from 252GWdc in 2022 to 252GWdc in 2023, a year-on-year increase of 76.2%. Last year, China added 268GWdc (216.9ac) of installed capacity, accounting for 60.4% of the global installed capacity. Last year, the United States added 35.2 GWdc, followed by Brazil (16.9 GWdc), Germany (14.1 GWdc), and India (13.6 GWdc). Polycrystalline silicon prices down 74% The study also examined the price of polysilicon, with the average price dropping by 74% in 2023 and dropping to $8.1 per kilogram in the last week of 2023. In China, multiple suppliers have closed down or announced their exit from the polycrystalline silicon production industry, including China Silicon, which has an effective production capacity of approximately 3000 tons. Other companies that are about to cease production or have already ceased production include China Southern Glass Holdings (with an annual production of 9000 tons), REC Solar North (with an annual production of 5000 tons), etc. According to the current production plans of active enterprises, Bloomberg NEF predicts that approximately 2.4375 million tons of polycrystalline silicon will be produced in 2024, with the five major enterprises accounting for 66% of the production. The price of polycrystalline silicon for Chinese manufacturers this year is $6-7 per kilogram, ...
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Recently, the Power Plant Group successfully signed a 56-MW EPC photovoltaic project contract in Skurtu, Romania, and obtained the first general contracting order in the overseas market in the New Year. The project is located in the village of Skurtu, 59 kilometers away from Treolman County, Romania. The total installed capacity is about 56MWp. The owner is Eco New Energy Co., Ltd. After the project is completed, it will provide green power to approximately 48,000 households and reduce carbon dioxide emissions by 4,150 tons per year. This signing marks that the execution of previous Palau photovoltaic projects has been highly recognized by the owners, and the cooperation with the owners has entered a new stage. The project department stated that it will continue to sound the clarion call for a new year and a new journey. Relying on the effective execution of photovoltaic projects in the Romanian market, it will continue to delve into new industries and new markets, expand cooperation resources, and drive business cooperation in multiple fields such as light, storage, hydrogen, and wind. We UISOLAR as one of the largest manufacture of solar mounting brackets, are glad to receive inquiries from any countries’ client, one-stop service, supply solar ground mounting, roof mounting, solar carport, solar accessories etc. Feel free to contact us for any information.
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Dear Friends! We are very pleased to invite you to participate in PV EXPO held by in Tokyo, Japan, which Held drung Feb. 28~ 1,Mar. 2024 PV EXPO is the biggest solar exhibition in Japan, even the biggest and most professional Solar exbition in East Asia. It is a great opportunity to keep you up to date with the latest solar technology and innovative designs for Japan Market. We will show you our advanced solar mounting system and help you to get a better known to UISOLAR and UISOLAR product. At the same time, we will also show our battery to you. For more details, welcome to visit our Booth E36-2 Free to offer u all information about solar mounting or Battery you need.
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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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