PV module market around the world have been cost driven and it is no wonder that the crystalline technology has been the chalk horse of the industry. Further, with the levelized cost of electricity (LCOE) from solar plants have started breaching grid parity, the focus now is to extract maximum kWh from the plant in order to ensure the investors have maximized returns. The technology upgradation in conjunction with module design upgradation has played a significant role in such shift. Utilization of bifacial module which are capable of generating power from both sides has been gaining traction, given the fact that enhanced energy output could be expected under right designing considerations. However, the currently available bifacial module utilizes PERC/PERT crystalline solar cells which have limited bifaciality coupled with other inherent issues like LID, PID, LeTID, etc. It was hence necessary to bank upon a pragmatic solution.
Silicon heterojunction (HJT) solar cell which has been introduced in the mid-19th century, utilizes both crystalline and thin film technology. The cell has a crystalline silicon (n-type) sandwiched between amorphous (thin film) layers of silicon on both the sides, giving the cell its bifacial nature. The mono crystalline technology in the cell has better absorption of light whereas the amorphous has superior passivation (which enables high electron collection) characteristics. The cells are thinner (~120 μm) compared to crystalline silicon cell making it slightly flexible and further also making them highly resistant to microcracks. The n-type silicon present in HJT does not have Boron, which makes these cells LID free. Further the mitigation of electron from solar cell which are responsible for PID are also reduced to zero in HJT cells, thanks to the presence of highly conductive oxide layer (ITO) which protects the cell electrically. Additionally the cell has a lower temperature coefficient (almost half of the crystalline technology based cells). All the above factors when coupled together enables HJT based module to have lower degradation rates throughout its lifetime.
Figure 1: SUPER HJT module from Waaree energies (on left) and (on right) cross sectional view of a Heterojunction cell (Source: Meyer Burger)
Figure 2: Comparison of superior technologies existing in PV market
Since these cells have high bifaciality, micro-crack resistance, no LID, PID & LeTID and lower temperature coefficient it is a perfect technology for Indian conditions. Waaree Energies recently in REI-2019 launched their SUPER HJT module which utilizes HJT solar cells. Available next year, this module have already started gaining popularity among the local and international markets. Further with the detailed scrutiny happening for each and every module we manufacture, the end customer can be rest assured that their plant would be up and running for 25+ years ensuring more than desired return. Let us all pledge to make solar energy the primary source of energy in the near future.
MR. SUNIL RATHI Director- Sales & Marketing Waaree Energies ltd
Dr. Anuvrat Joshi, Head-Business Development, Cleantech Solar
Cleantech Solar’s leadership in the rooftop solar industry stands on three fundamental pillars:
1. Customers’ complete trust in our execution capabilities and quality of our systems;
2. Deep access to capital;
3. The size and customer profile of our operating portfolio.
In addition to these core strengths, the ability to deliver rooftop solar projects across eight countries as well as off-site open access solar power within India have also played a key role in our success.
We believe it is these strengths and the trust and support of our customers that have made us the #1 rooftop developer three times in a row since 2017 in the Bridge to India rooftop leadership board.
Mr. Amit Barve, Head- Business Development, Enerparc Energy Pvt Ltd
A rooftop solar project is really a multi-decade relationship between parties: top corporates respect high quality and high integrity RESCO partners who have the technical capability, financial strength and commitment to the relationship to deliver not only a high-performance project but a commitment towards proactive service and problem solving that can stand the test of twenty years or longer. Offering our leadership to the sector by building such relationships is an organic part of the Cleantech Solar DNA and it plays to our strengths.
Today India is one of the fastest growing solar markets worldwide and has surpassed 30GW installation in the last few years also poised to remain leader in the sector in coming years. However against targeted installation of 40GW in rooftop solar by 2022, we have been able to reach only 10% installation target. There are few structural problems for scaling up of rooftop solar market which needs to be addressed to get the sector on high growth path. Rooftop solar market mainly comprises of installations in Commercial and Industrial segment (C&I) and Residential segment.
C&I segment is growing fast, however recently pace has been stifled due to uncertain regulatory environment. Policies especially related to net metering which are very essential, are varying a lot from state to state and few states have been changing rules and regulations frequently which are unfriendly to industry. Secondly residential segment has highest potential however has not picked up due to financial unviability on account of skewed tariff regime with cross subsidization of domestic consumers at the cost of C&I consumers.
To make this sector get back on track and achieve rapid deployment, we need state governments to harmonize policies related to net metering and keep them consistent across all states as well as do not tinker them time and again. Friendliness and consistency in policies would attract investment in this segment which is need of time. Also state DISCOMs who have already adopted to UDAY scheme should rationalize tariffs which can motivate residential customers for adopting solar for captive consumption using net metering support. Third important point that can make a huge difference would be making funding available for residential as well as Industrial customers which can quickly increase offtake.
Mr. Prateek Agrawal, Co-Founder & Director, Solar91 Cleantech Pvt Ltd
To emerge as a leader in the solar industry one should go with good quality of projects otherwise you will not be able to fulfill the maintenance required in low-grade plants. As an EPC, we should focus on the material used and skilled manpower for the execution of the project since this can change the life cycle of the project. EPC companies should work on decent margins otherwise they will not be able to provide after-sales service which is a requirement of the project. EPCs should focus on the BOS used for the project and BOM used in modules. Generally, people talk about module and inverter only and they are not concern about BOS i.e. earthing material, cables, conduits, Walkway cable trays, etc. which is an essential part of the project. It is the job of EPC to educate the end customer regarding the BOS of the project so that a quality project can be delivered.
Support of the government is also required to emerge as a leader in the market in terms of policy (net metering, gross metering) and financing. The government should give a firm policy keeping in mind to promote the installation of solar projects and they should stick to in for 25 years. Frequent changes in policy by the government will lead to distrust which is not good for the growth of the industry.
Support for DISCOM is also required for the implementation of the project as it should be a hassle-free process from the DISCOM end. DISCOM must follow the net metering regulations for the settlement of the power generated from solar power plants so that customers can get the actual benefit. There should not be any hassle in the settlement of energy generated from the solar plant. There should be proper calculation mentioned in the consumption generated by DISCOM, in which they should mention power generated from the solar plant, exported power, and banked units (if any). It will give clarity to the customer regarding their electricity bill and savings from the solar plant.
Mr. Sangram Singh, Director, SunReform Energy Pvt Ltd
According to me the rooftop solar industry is mainly lagging because of not getting proper support from the Electricity department. Many states are not aware of the net metering policy.
Policies are there, but no proper implementation is their on the policies. CFA ( Central finance assistance ) are their, but due to delay it’s getting very hard for a vendor to manage his business. Due to lack of support from Government nodal agencies the solar rooftop is not touching height. Lack of awareness and finance part are the major issues.
According to me Bankers should come up with some loan facility. All schools and institution should be mandate for installation of solar power plants. Talking about commercial sector all commercial buildings should also be given some type of CFA to promote solar rooftop in industrial sectors. But without electricity departments support this mission of making India green will not be possible. Many more issues are there which vendors are facing on ground level. solar rooftop is a one time investment but due to not maintaining proper quality of the system it’s falling down.
Proper guidelines and procedure should be maintained so that one can easily install the solar plant without any hesitation and also metering issues should be given online.
Dr. Sanjay Vashishtha, CEO, Firstgreen Consulting Pvt Ltd
Government of India has a target of 175 GW of renewable’s installation by 2022. Of this target solar installation is planned of the order of 100 GW and government has given rooftop sector target of 40 GW by 2022. As of date by December 2018 India has about 1.44 GW of solar rooftop installation.
As for Deloitte report “ Scaling up rooftop solar in MSME in India” rooftop installation in MSME sector constitutes a significant share on rooftop solar installation and government targets about 40% rooftop solar targets from Commercial and Industrial sectors only.
The electricity cost in C&I consumers is significantly higher and hence while solar has reached a great parity C&I consumers can contribute significantly to achieve government of India’s targets for rooftop solar installations. Considering the fact that government of India is no longer providing subsidy to the C&I, however there is still requirement of at least low cost financing support to this sector.
Currently there are various international line of credit is available through ADB, World Bank and KFW however this line of credit is available through few of the public sector banks such as SBI, PNB and bank of Baroda. Some of the private sector banks should also be made part of this line of credit so that handling of large volume of solar rooftop financing applications can be made possible and many rooftop solar developers get access of this low-cost financing option.
In recent years demand aggregation of solar rooftop capacity has been quite successful by looking at examples in Madhya Pradesh, Delhi and Maharashtra. The demand aggregation will help to create attractive capacity to the Solar project developers and will bring down the overall installation cost.
It is equally important to involve Discom for billing & collection and the solar PPAs need to be made tri party PPAs where Discom has responsibility of the payment collection as a part of their regular billing and collection activities for grid electricity sale. Demand aggregation of solar rooftop projects with RESCO model can become a successful model where the PPAs are triparty PPAs and Discom has the role of billing and payment collection agent on behalf of solar project developer. Industrial estate bodies such as MIDC, GIDC, HSIDC, etc can also become part of the solar rooftop installation and help in billing and payment collection of payments from C&I consumers within their industrial clusters. Government should also create a partial risk guarantee fund which will help to fund solar rooftop projects to the rooftop solar developers.
Mr. Ishan Chaturvedi, Co Founder, Vareyn Solar Pvt. Ltd
The Rooftop Solar Energy Industry needs a strong knowledge base on traditional installation techniques and technologies, also bold decisions to advocate newer tested technologies and strong engineering base. There is a necessity to develop the entire value chain ecosystem to become competitive and achieve sustainable growth.
The Solar Energy Industry is ever changing, with the advent of newer Panel Manufacturing Technologies and Solar Panel Material for example, Organic Cells, Perovskite Cells, etc. there is going to be a change in the landscape of Rooftop Installations. There is a good chance of new leaders coming up in the market with new offerings which are cost effective and far more sustainable than traditional technologies, furthermore there are newer installation techniques which are saving Balance of System costs and making Solar Rooftop Installations reach places where it was considered too expensive until now.
Almost two year back, Vareyn Solar took up a challenging project of rooftop solar at Indira IVF Hospital, Udaipur. The requirement was for a high superstructure of 20 feet height and a shed construction of 32 feet height. We advocated for 5 bus bar half cell panels, the material choice was a mix of traditional and new technology. The project was completed with our in-house engineering, design and execution team, using a few external structural auditors. We were able to create value for the entire roof real-estate to the client by using less than 70sq.ft. – 80sq.ft. per kWp resulting in a 100kWp Plant.
Solar energy has become the most competitive energy source. In off-grid energy systems, solar energy combined with conventional energy generation and battery storage can provide secure power during day and night. B2Gold Corp. (CA) operates the Fekola gold mine in Mali, West Africa. Suntrace GmbH with its partner BayWa r.e. had completed a preliminary study earlier this year evaluating the technical and economic viability of adding the solar battery plant to the Fekola mine site.
Following the study results, B2Gold has approved the US$ 38million project for implementation in 2019-2020, which will be one of the world’s largest off-grid solar battery hybrid systems. Construction shall start end of 2019 and is scheduled for completion in August 2020.
Suntrace together with its partner BayWa r.e. were selected to support B2Gold during implemention of the project as solar experts, providing all relevant technical expertise, such as detailed engineering, procurement support and support during construction and commissioning until completion of the project.
“It is a strong commitment by B2Gold to build such a significant solar-battery plant as a fuel saver for the Fekola mine. This project is a landmark in terms of battery and PV plant size with respect to an off-grid project. We are very proud that B2Gold has entrusted Suntrace/BayWa r.e. as expert to support the implementation of this innovative project,” says Martin Schlecht, COO of Suntrace.
“This is a great achievement for B2Gold and their move towards sustainable production. The fuel savings will enable repayment on the investment as well as lower energy costs and cut carbon emissions”, says Tobias Kriete, regional Manager Africa at BayWa r.e. Solar Projects GmbH. “The realization of this innovative system highlights the hybrid expertise of Suntrace and BayWa r.e.”, adds Philipp Kunze, Head of BayWa r.e. Solar Projects’s Global Hybrid Team.
The PV-battery system will be integrated with the existing Power Plant to ensure safe and reliable operation of the hybrid and allow fuel savings of 13.1 million liters HFO per year. The solar battery system will significantly cut total energy costs and CO2 emissions. Electricity for the mining site is currently been generated exclusively by means of HFO (heavy fuel oil) and diesel generators. The addition of the 30 MW net capacity solar battery plant will allow the mine to shut-off up to three HFO engines during daylight time, with the 13.5 MWh battery storage providing the buffer for the irradiation fluctuations.
Suntrace together with its partner BayWa r.e., will implement the project together with B2Gold until operation, and will thus make a significant contribution to sustainable power generation for mines in West Africa.
In the framework of the elections of the new Board of Directors of the Global Solar Council, held last week in Salt Lake City (United States), José Donoso, UNEF General Manager, has been appointed President of the international association. Donoso’s term will begin in 2021.
The Global Solar Council was founded in 2015, within the framework of COP21, by the main solar associations to unify the industry at international level, share best practices and boost the development of PV technology with cooperation, training and the exchange of experiences.
GSC members include national and regional associations of both emerging and consolidated markets, as well as the largest markets in the world, such as China, Europe, India, Japan, the Middle East, South America and the United States.
“The presence of Spain in the Presidency of the Global Solar Council shows the leadership of the Spanish PV industry in the world, at a time when, thanks to its growing competitiveness and flexibility, this technology has become a fundamental ally in the fight against climate change” said Donoso.
Donoso also highlighted that PV is a democratic technology that allows to produce clean and cheap energy. The development of this sector in emerging markets also generates a positive impact in the framework of the fight against poverty.
By representing the PV sector at an international level, the Global Solar Council will play a central role in the path towards an energy model based on renewables in which PV will be a key player.
Enviromena, the leading clean energy technology company, has just joined the elite club of the #Solar O&M Best Practices Mark, a label of excellence in solar O&M (operations and maintenance).
Enviromena, during the 10 years of providing O&M services, has made prolonged efforts to develop and establish processes. This effort is now being recognised by Solar Power Europe’s “Solar O&M Best Practices Mark” – a self-evaluation based label to promote transparency and excellence in the solar O&M market.
“This certification demonstrates that our processes meet the highest international standards for O&M providers,” said Enviromena Director of O&M, Vasileios Chatzimpaloglou. “We believe that, by delivering world-class, standardised, O&M services, we are contributing to the improvement of security for those investing in Solar in the Middle East and North Africa (MENA) region.”
“These thorough and established best-practice processes allow us to quickly recognise operational requirements and opportunities for improvement. This is particularly important when taking on a PV Plant that has not been adequately maintained in the past – or had not been performing as expected.”
“I am proud that our talented team at Enviromena has passed the stringent requirements of the Solar O&M Best Practices Mark. This achievement is no easy task – check out the detailed requirements on www.solarmaintenancemark.com. It demonstrates our commitment to providing a world-class service to our clients. The MENA region is highly significant, and we are keen to increase – still further – our number of third party O&M contracts here. This latest recognition shows we can be trusted to do just that,” added Vasileios.
With one of the largest footprints of clean energy projects, Enviromena has installed more than 17,000 solar systems and has one of the largest portfolios of solar rooftops in the GCC and is one of the largest and most experienced O&M providers in the MENA region.
Today, Enviromena is at the forefront of technological advancements by adopting large-scale energy storage technology. These technologies will revolutionise the delivery of electricity worldwide – solving dispatch, intermittency and grid stability issues.
Compared with dual glass bifacial, JinkoSolar’s Swan reduces the weight by 25%. How much would this mean to the investors, developers, EPCs and O&M? Would it make much of a difference, or would the savings be significant enough to 100% shift to it? Will weight increase of glass-glass bifacial diminish its returns or offset the benefits of additional power generated from rear side?
There is an easy way to get a rough idea of what magnitude the savings are: saving 25% of weight per panel would reduce cost of BOS by 3%, mounting structure by 15%, labor by 20% and finally O&M by 5%.
Mounting structure heights should be raised to allow the rear surface to capture additional diffuse albedo light. Height between 1.0 – 1.5m is recommended as optimum. If using a fixed tilt mounting structure, a more aggressive tilt angle is common. This aggressive tilt angle aims to increase rear side exposure and promote diffuse albedo light; however, this will also increase the load experienced under high wind conditions. Thus the mounting structure and foundation requires new, specific and much costly designs to be solid enough to secure the heavier modules and greater wind loads expected. The greatest performance benefits for bifacial technology are seen when it is deployed in tracking systems. For single axis tracking system, 25% weight loss has been shown to provide superior alleviation over tracking system, as this does not require special design or strengthened material.
That is not the same case when speaking about the typical installation site . But if we consider harsh environment where the solar plant is located, such as mountain regions, offshore waterbodies, salt affected land, contaminated land, abandoned land, high building rooftop, car port,agriculture situations allowing crop growth underneath – basically remote areas which are difficult to access and that generally involveextremely high cost of labor and logistic, etc., the saving can easily be twice as much.
Future trends for bifacial include longer warranties (30 years) and reduced degradation rates, a very likely fall in price as well as weight.
Two recent votes by the Louisiana Public Service Commission double down on anti-solar policy while boosting profits for the monopoly utility companies. In September, three Public Service Commissioners – Eric Skrmetta, Mike Francis and Craig Green – voted to severely limit new rooftop solar by forcing solar customers to sell their energy to the utility for ~$0.03 and then allow the utility to sell that same power for ~$0.10, allowing the utilities to pocket the profits. The change hurts solar customers and solar companies while greatly benefitting the monopoly utilities.
At the Public Service Commission Business and Executive meeting on October 10th in Lake Charles, LA, the Commission doubled down on that ruling. They rejected the solar industry’s request for a rehearing on the September solar policy vote, despite hearing evidence of specific conflicts of interest by the Commission’s technical consultant, David Dismukes, who pushed for a solar policy strongly supported by the monopoly utilities in the state.
“The Commission’s blind refusal to rehear the case and address its consultant’s blatant ties to industry is another example of pubic servants failing Louisiana citizens. However, these decisions will not affect PosiGen’s determination to support energy independence for Louisiana families. We remain committed,” said PosiGen CEO Tom Neyhart.
As a Louisiana solar customer and leader of the Green Army, General Russel Honoré said, “Net metering allowed for Louisiana residents to have a say where their energy comes from, and enabled folks to put their rooftops to work. The elimination of net metering, quite literally, gives all of the power back to the energy companies.”
Essentially, by voting to take away the value of residential solar, Commissioners Skrmetta, Francis and Green put the investor-owned utility monopolies’ interests ahead of the interests of Louisiana families. It’s not surprising, as Skrmetta has been the champion of eliminating residential solar ever since he failed to strong arm the solar industry into supporting his reelection campaign against Forest Wright in 2014. He was allegedly caught in a pay-to-play scandal to win the support of the solar industry or they would face dire consequences. It’s been five years but he seems to have made good on his word with the help of two new, inexperienced Commissioners.
Commissioner Francis said solar customers were getting a “subsidy,” but the evidence presented by Dismukes on the cost of solar included the now retired state tax credit. Further, Commissioner Francis has no credibility when it comes to protecting consumers since he tried to reverse the Commission’s ethics rule so he could get free lunches from the industries he is supposed to regulate.
It is regrettable that prior to this vote, Louisiana was ranked 31st on the rooftop solar policy list. After the new rule goes into effect on January 1, 2020, Louisiana will drop to 47th.
PosiGen will continue pushing for energy independence, clean energy, and lower bills. Starting immediately, PosiGen will ramp up efforts to bring solar to as many Louisiana families as possible before November 30, 2019, which is the last day to enroll under the old rule.
Only 40 per cent of Myanmar’s rural population has access to grid power. The joint venture by Singapore-listed Yoma Strategic Holdings and the energy platform of Philippine conglomerate Ayala Corporation aims to boost access to electricity.
Two Southeast Asian business conglomerates have teamed up to invest at least US$30 million in renewable energy projects in Myanmar, which has one the region’s lowest rates of access to grid electricity.
Myanmar-focused Yoma Strategic Holdings, which is listed on the Singapore stock exchange, will form a 50:50 joint venture with AC Energy, the energy arm of Ayala Corporation of the Philippines, to drive the growth of Yoma Micro Power.
Together, they want to develop about 200 megawatts of renewable energy projects in Myanmar, including participation in large utility-scale projects.
Myanmar, an emerging economy in Southeast Asia, has one of the world’s lowest per capita electricity consumption. Each of its 53 million people consumed only 0.3 MWh of electricity in 2017—or 3 per cent of the 9.2MWh that an average person in Singapore consumed, according to the International Energy Agency.
The country suffers from chronic power shortages with only 40 per cent of its rural population having access to the national grid. It currently derives its electricity from hydropower (70 per cent), natural gas (28 per cent) and coal (2 per cent), and the government has projected that solar energy will supply up to 5 per cent of its electricity by 2030.
The World Bank expects electricity consumption in Myanmar to grow at an average rate of 11 per cent a year until 2030—the year its government aims to achieve full electrification—and estimates that around US$2 billion of investment per year is required.
Renew Power limited India’s leading Renewable energy company, today announced the elevation of Sanjay Varghese to the position of Executive Vice President in the company.
Sanjay will head the Solar Business for the company and report directly to Chairman and Managing Director, Sumant Sinha. Sanjay has been with ReNew for the past 2 years and has been responsible for executing key solar projects for the company. Sanjay joined ReNew from Lanco Solar, where he was the Chief Operating Officer. Sanjay was earlier reporting to the company’s Chief Operating Officer Parag Sharma, who has decided to pursue interests outside the Company. Parag was with ReNew for the last 5 years and we wish him all the best for his future endeavours.
ReNew Power also announces the appointment of Vishal Sehgal as the head of its Corporate Affairs function. Vishal Sehgal has worked in multiple sectors of the economy including a long and distinguished spell with the German retail giant –Metro Cash & Carry, and has an MPA from Harvard’s Kennedy School of Government. These appointments are meant to expand ReNew’s leadership team to manage its growing portfolio and explore new growth opportunities in the renewable energy sector.
ReNew had earlier announced the appointment of D Muthukumaran as its Chief Financial officer in August this year. Mr. Muthukumaran brings with him a wealth of experience in the field of finance. He has driven business portfolio, M&A deals, raised funds in debt and equity and specialises in structured finance, leverage buyouts and regulatory and tax structuring. Before joining ReNew, Mr. Muthukumaran was the Chief Executive Officer of Aditya Birla PE Advisors Private Limited.
The process of expanding the leadership team by hiring some of the Industry’s best talent started last year itself. Ajay Bhardwaj, a veteran of the power sector, joined ReNew Power last year. Ajay is responsible for setting up and building the transmission business of ReNew. The company had recently announced its intention to foray into this area.
2018 also saw two other key additions in the leadership team. Well known Physicist and author Varun Sivaram joined ReNew as its Chief Technology officer, while Mayank Bansal was appointed as President Strategy & Operations. Mayank has honed his skills at some of the world’s top consultancy firms like A.T. Kearney and McKinsey, before joining ReNew.
Sumant Sinha, Chairman and Managing Director of ReNew Power said, “The strengthening of the leadership team is a continuous process and is focused on improving and aligning functions as we continue to remain India’s largest renewable energy company. I am confident that with new members of the leadership team coming on board and the existing team continuing to deliver business outcomes, ReNew Power is well poised to build scale in India’s quest for generating 450 GW of renewable energy.”
The expansion of ReNew’s leadership team will allow the company to make the best possible use of growth opportunities arising in the Indian renewable energy space.
Mr. Sanjay Varghese – Excecutive Vice President ReNEw Power
Renew Power limited (“ReNew Power”), India’s leading Renewable energy company, announced the elevation of Sanjay Varghese to the position of Executive Vice President in the company.
Sanjay will head the Solar Business for the company and report directly to Chairman and Managing Director, Sumant Sinha. Sanjay has been with ReNew for the past 2 years and has been responsible for executing key solar projects for the company. Sanjay joined ReNew from Lanco Solar, where he was the Chief Operating Officer. Sanjay was earlier reporting to the company’s Chief Operating Officer Parag Sharma, who has decided to pursue interests outside the Company. Parag was with ReNew for the last 5 years and we wish him all the best for his future endeavours.
ReNew Power also announces the appointment of Vishal Sehgal as the head of its Corporate Affairs function. Vishal Sehgal has worked in multiple sectors of the economy including a long and distinguished spell with the German retail giant –Metro Cash & Carry, and has an MPA from Harvard’s Kennedy School of Government. These appointments are meant to expand ReNew’s leadership team to manage its growing portfolio and explore new growth opportunities in the renewable energy sector.
ReNew had earlier announced the appointment of D Muthukumaran as its Chief Financial officer in August this year. Mr. Muthukumaran brings with him a wealth of experience in the field of finance. He has driven business portfolio, M&A deals, raised funds in debt and equity and specialises in structured finance, leverage buyouts and regulatory and tax structuring. Before joining ReNew, Mr. Muthukumaran was the Chief Executive Officer (CEO) of Aditya Birla PE Advisors Private Limited.
The process of expanding the leadership team by hiring some of the Industry’s best talent started last year itself. Ajay Bhardwaj, a veteran of the power sector, joined ReNew Power last year. Ajay is responsible for setting up and building the transmission business of ReNew. The company had recently announced its intention to foray into this area.
2018 also saw two other key additions in the leadership team. Well known Physicist and author Varun Sivaram joined ReNew as its Chief Technology officer, while Mayank Bansal was appointed as President Strategy & Operations. Mayank has honed his skills at some of the world’s top consultancy firms like A.T. Kearney and McKinsey, before joining ReNew.
Sumant Sinha, Chairman and Managing Director of ReNew Power said, “The strengthening of the leadership team is a continuous process and is focused on improving and aligning functions as we continue to remain India’s largest renewable energy company. I am confident that with new members of the leadership team coming on board and the existing team continuing to deliver business outcomes, ReNew Power is well poised to build scale in India’s quest for generating 450 GW of renewable energy.”
The expansion of ReNew’s leadership team will allow the company to make the best possible use of growth opportunities arising in the Indian renewable energy space.
About ReNew Power
ReNew Power Limited is India’s largest renewable energy IPP (Independent Power Producer) in terms of total energy generation capacity. As of June 2019, ReNew had a total capacity of over 8 GW of wind and solar power assets across the country, including commissioned and under development projects. It develops, builds, owns and operates utility scale wind and solar energy projects as well as distributed solar energy projects that generate energy for commercial and industrial customers. ReNew has a strong track record of organic and inorganic growth having nearly doubled its operational capacity in each of the last three Fiscal Years. ReNew’s broad base of equity investors include Goldman Sachs, JERA, ADIA, CPPIB, and GEF SACEF India.
Scatec Solar and partners have grid-connected the last of the six 65 MW solar power plants in Egypt.
This marks the completion of the 390 MW Benban solar project located near Aswan in Upper Egypt. The project is part of the 1.8 GW Benban solar park – one of the world’s biggest solar parks where Scatec Solar is the largest developer.
“We have been a pioneer in Egypt since 2013 and been supporting the country’s efforts to increase generation capacity and increase the share of renewables in its energy mix. I’m very proud that we have completed our largest project ever. Constructing a total of six solar plants in just over 16 months is a major achievement for everyone involved”, says Raymond Carlsen, CEO of Scatec Solar.
In April 2017, Scatec Solar and partners KLP Norfund and Africa 50 signed a 25-year Power Purchase Agreement with the Government of Egypt for delivery of electricity from six solar plants, totaling 390 MW. The project was both the company’s first, as well as the world’s largest solar plant to utilise bi-facial solar modules, capturing the sun from both sides of the panel to increase the clean energy generation. The estimated annual electricity production is 870 GWh, enough to provide energy for more than 420,000 households in Egypt. The solar plants will also contribute to avoid about 350,000 tons of CO2 emissions per year.
Total Eren, a leading renewable energy Independent Power Producer (“IPP”) based in Paris, is pleased to announce its first steps in Chile with “Santa Isabel” a 190 MWp solar PV project located in Northern Chile, with 280 MWp of potential additional extension capacity under permitting.
Total Eren has acquired a 50% stake from SunPower in “Santa Isabel” (the “Project”), a 190 MWp solar photovoltaic (PV) power plant located near the municipality of María Elena, in the Antofagasta Region, at about 1,500 km north from Santiago de Chile. The Project represents a total investment cost of around $200 M.
In May 2016, a private Power Purchase Agreement (“PPA”) was secured by the Project company for the supply of the electricity generated from “Santa Isabel” to Colbún S.A, a Chilean private utility and one of the main electricity generators in the country. This was followed by the closing of the financing with a select group of international banks as well as the signing of a turnkey Engineering, Procurement & Construction (“EPC”) contracts with Sterling & Wilson on 13th August 2019. The construction of the power plant, which will deploy 190 MWp of SunPower Performance Series solar modules, has just started and the commissioning is planned for Q4 2020. Once completed, “Santa Isabel” is expected to generate 500 GWh per year.
Through this Project, Total Eren enters the Chilean renewable energy market, where the company sees strong potential for renewable energy and a major opportunity for future growth. Total Eren will pursue the development of Santa Isabel’s extension phases (totaling 280 MWp) that are currently in advanced negotiation to enter into further private PPA agreements.
Fabienne Demol, Executive Vice-President – Global Head of Business Development of Total Eren, stated: “We are delighted to enter the Chilean renewable energy market with Santa Isabel, which is a very promising solar project. With this new step, we further develop our footprint in Latin America, a region where we are already well established, with 320 MW of solar and wind projects in Argentina and Brazil that are currently in operation or under construction. The Chilean renewable energy market offers high growth potential and we are convinced that this is the start of a promising trajectory for Total Eren in this country.”
Renesola, a leading fully integrated solar project developer, today announced that it has entered into an agreement to sell 11 rooftop distributed generation projects located in Zhejiang province to a China state-owned enterprise specializing in the solar energy industry.
Separately, ReneSola announced that it has agreed to sell three small scale DG projects located in Shanghai to a different, undisclosed third party.
The 11 rooftop DG projects in Zhejiang province have an aggregate installed generation capacity of 20.6 MW, and the three small scale DG projects in Shanghai have a combined capacity of 1.7 MW.
Renesola CEO Shelley Xu said: “These agreements once again demonstrate our ability to develop and monetize projects across the different geographies we serve. We believe our ability to execute our business plan will enable us to further strengthen our balance sheet and generate cashflow. With increased activity in project sales, our business momentum has accelerated and we are confident in our revenue expectations for the third quarter and beyond. We continue to look for opportunities to monetize our China DG assets as we transform into an asset-light project developer.”
Recently, news from Argentina said the largest PV solar project, the 315 MW Cauchari PV plant was finished construction on schedule and is now commissioning for the coming grid connection and operation.
The project was signed in Buenos Aires G20 Summit, 2017, under the witness of both leaders of China and Argentina, President Xi Jinping and Macri, and a new milestone of the China-Argentina Comprehensive Strategic Partnership.
Zou Xiaoli, Chinese ambassador to Argentina, sent his congratulation to the completion ceremony via a video speech and highly praised the cooperation and team work of both builders from China and Argentina. Argentina president Macri also congratulated the completion of the project through a live video link. He said with the Cauchari project, over 60,000 Argentine households will be free from lacking of electricity power and also it is the start for Jujuy Province transforming into a power province.
China based leading module maker Talesun Solar provides not only all the PV solar modules for this project and also an experienced and reliable working team for the entire on-site installation management.
The Cauchari PV plant locates in Cauchari area of Jujuy Province, the northernmost province of Argentina. With an elevation of over 4,000 and utmost dry climate, this area is with extremely abundant sunshine resources for solar energy.
Within 14 months, over 2750 cargo containers were sent from China, more than 12,000 miles away, with all the components of the plant including solar panels, inverters, racks and trackers, substation and combiners, and etc., and then land transported to this inland plateau. Field construction was moved on in a land occupation of around 8 kilometers square. Around 974,400 piece of solar panels installed on racks with 150,000 supporting pilings.
On-site condition is hard for working and living on this plateau with strong radiation, low oxygen and alpine, but both the builders and local people worked hard and were really happy for that they have done.
“Jujuy is going to sell the energy to the national government and, following this example, Jujuy is already developing small solar parks in more distant small communities throughout Puna”, Micaela Goni, general manager of Talesun Energy Argentina, branch of Talesun Solar, once told reporter from Xinhua News Agency.
Local residents are not only benefiting from the 1,500 job opportunities directly provided by the PV project, but also abundant and cheap electricity power supply when the plant into operation. And the Jujuy province may start to transform to a power province.
“This is the future. We are eliminating a good amount of polluting carbon dioxide and have to go after alternative renewable energy sources,” said Jorge Delgado, a civil engineer also involved in the project, stressed the need to move away from polluting fossil fuels and develop more clean energy. “We have the right conditions, the best conditions worldwide, and I think that is what we have to bet on for the future of our children,” he added.
We recently attended the 13th REI expo, one of the leading renewable energy show in India, where industries are looking forward to showcase their latest solar energy innovations. In this year’s exhibition we could see a dip in the innovations on display based on wind energy, while there was a lot of tech buzz in the solar energy segment.
India is seeing a big push in the new large scale solar projects along with rooftop solar capacity additions across commercial, industrial, public sector and residential projects.
As per the latest reports of IEEFA rooftop sun-powered establishment will see an increment at a CAGR of 50 percent in the following three years. India is expected to achieve a total of 13 GW of installed rooftop solar capacity by FY22. There were numerous exhibitors in the REI Expo for solar energy who displayed their products and advancements. The following are a few Solar Modules which were launched at the expo:
International Solar Module Companies
Jinko Solar – SWAN Bifacial Module
SWAN – New Bifacial Module with Single Glass & DuPont™ Clear Tedlar® film-based backsheet, uses high-efficiency Jinko Solar’s Cheetah Mono PERC technology. Its 158.75 mm cell size can generate up to 415 Wp from front side. Combined with Jinko half-cell technology, which reduces power loss and the possibility of hot spots, enables it to increase module power and reliability.
Jinko Solar is the first module manufacturer to produce p-type bifacial big cells module with DuPont™ Clear Tedlar® technology. Swan represents a unique combination of bifacial technology and simplicity of standard module structure.
For SWAN module, Jinko Solar won Intersolar Award for Leading Solar Technology, in Munich, this year.
Key Features of Swan Bifacial Module:
Swan is 8.5 kgs lighter in weight compared to Bulky Double Glass Bifacial modules. It thus reduces labor costs for module installation, MMS & Logistics. This results into higher IRR & lower LCOE.
Higher structure strength: Framed modules are less prone to bending and cracking during transportation and installation than frameless ones. Framed Structure of SWAN also simplifies its handling and installation. Thus, it reduces PV module breakage rate.
Limited light capturing capacity of Double Glass bifacial modules: In Swan, white mesh in-between the cells can be also printed on the transparent backsheet to increase inner laminate reflection, providing up to 5 Wp extra module power.
Different frame cross section in Swan compared to traditional C-shape in mono-facial modules: This would help in decreasing the shading by the frame over the rear side of the cells, increasing the bifacial gain.
Cleaning backside of module: Hydrophobic surface of the transparent backsheet provides excellent anti-staining features, making module cleaning easier and reducing O&M costs.
Higher Price Delta of Double Glass Bifacial modules, compared to mono-facial Mono Perc Modules: Price delta of SWAN is less.
Backsheet breathability minimizes risk of delamination, bubbles or corrosion during module lamination and lifetime operation
Risen – Jäger series
Jäger series were born in response to some of the key industrial pains and customer concerns: how to reduce LID（Light-induced Degradation）, LeTID (Light and elevated Temperature Induced Degradation), internal loss, shadow shading and BOS cost. As a new generation of high performance, high cost-effective and reliable products, Jäger series have a total of four types of products: RSM120、RSM132、RSM144 and RSM156, of which the highest module conversion efficiency can reach up to 20.6%，and the highest power output can reach up to 440Wp.
Jäger Series: 4 types of Modules
Jäger high-efficiency mono-crystalline
cells deploy the world leading two-side-stack-passivation technology, SE (Selective
Emitter) technology, low-temperature firing technology and enhanced current
injection technology, which can increase the cell conversion efficiency and at
the same time reduce LID and LeTID. Jäger cell conversion efficiency can reach
up to 22.51%， with the efficiency of mainstream bin
between 22.1% and 22.2%.
The reduction of module inner power loss
can efficiently increase the module actual power output. This loss is caused by
several negative factors such as the light reflection loss, the conductor/cable
resistance loss, and the inter-electrical connection loss and so on. To
decrease these negative affections, various methods have been researched and
used in PV industry, Jäger series products also use some advanced methods to
decrease this inner loss. The Half-cut cell technology is one of the methods
which can decrease the inner electrical connection loss. This kind of Half-Cut design
not only improves the power output of
the module, but also effectively reduces the adverse effects of shadow shading
to the minimum. At the same
time, the working temperature of the Half-cut Cell module is 2 to 3 ℃
lower than that of the Full cell module due to the reduction of the current. In
the case of shading, the highest temperature of the module is about 20 ℃
lower than that of the Full cell module, which greatly improves the stability
of power output and the long-term reliability of the module.
As a cost-effective product, the application of Jäger products can effectively reduce the BOS cost of PV system. The BOS cost of a 50 MWp ground-mounted power plant is simulated and compared by Risen Energy engineers and technicians in the White Paper, using the 335 Wp module and Jäger 400Wp module. The results show that the use of high power modules can reduce the quantity of modules, giving rise to the reduction of construction and installation costs of ground piles, brackets, DC cables, shunt boxes and photovoltaic field areas.
REC – REC Alpha
Utilizing heterojunction technology, the REC Alpha Series reaches an astounding 21.7% efficiency. This translates to a power density of 217 W/m², providing 20% more power than conventional panels in the same area. Based on proprietary panel design with revolutionary cell technology, the new product is already acknowledged by a granted design patent.
Emerging from REC’s leadership in
half-cut cell technology, the Alpha integrates half-cut heterojunction cells
(HJT) and advanced connection technology (designed by engineering experts from
Germany and Singapore). With HJT, REC combines the benefits of crystalline
silicon solar cells with those of thin film technologies for much higher
efficiency and energy yield. With a much lower temperature coefficient of 0.26
%/°C it is especially suited for hot climate conditions like in India.
Key features of REC Alpha:
REC’s pioneering and award-winning ‘Twin Panel’ design: Introduced in 2014, this delivers demonstrably better performance in shaded conditions.
REC’s commercialized half-cut cell technology: The Alpha features high efficiency n-type mono wafers between thin layers of amorphous silicon.
REC’s unique frame design: The 30 mm thin frame construction allows more panels per pallet, an easy installation and allows the Alpha to withstand snow loads of 7000Pa.
Industry-leading warranty: 25-year product warranty on installations by REC Solar Professionals (otherwise 20 years), and a 25-year power output warranty, guaranteeing 92% of nameplate power after 25 years.
Evenbetter for the environment: Manufacturing of REC Alpha solar panels requires less energy, which is further reducing the carbon footprint.
With the REC Alpha Series,
customers will get over 20 percent more power from the same area and the same
number of panels – or, put other way, the same energy output from less space.
This reduces the Balance of System (BoS) costs. In addition to better
economics, customers can also look forward to an increase in the value of their
property: several studies in various countries show that a premium solar
installation on the roof is adding value to the property and is a highly
desired extra for home-buyers, not least due to the better energy performance
rating.
With the Alpha, REC is bringing a solar panel to the market that creates a triple win opportunity, for REC, our partners and solar professionals as well as for households and businesses who want to create a legacy of sustainable energy for the next generation.
TRUNSUN –TSHP-144 340W
As one of the world’s leading PV module manufacture, Trunsun Solar always put great efforts on the development and maintenance of oversea market, as well as on focusing clients demanding trend. Trunsun will continue its innovation and development so as to provide advanced products and services with high-quality and lower LCOE products.
The
displayed module can be regarded as one of the best solutions for Indian PV
market with the five key features:
Higher Module Efficiency:Brings 5-10W power gain due to half-cut production system
More Energy Yield: Lower NMOT and better temperature coefficient by lower Cell series resistance, helps boost energy yield
Lower Operating Temperature, More Reliable: Lower operating temperature and hot spot temperature during the sunny day, making the module prevail during the sunny days.
Better Shading Tolerance: Thanks to Paralleling circuit design, more power generated under shading condition and during morning& evening time
Better Micro Crack Resistance:Minimize the impact by micro crack by limiting cell damage and potentially extending area by half-cut module architecture.
Indian Solar Module Companies
Topsun – Solar PVGU
As the Solar Industry is at its peak and no customer can say no to solar, here is where one after another technological innovation has no limit. The one which we found during REI was from none other than Topsun Energy Limited.
Topsun has come up with a latest and unique solar panel called “PVGU”. Can you imagine who becomes to fisrt user of PVGU? It is none other than I.S.R.O. – The organization who believes in technology and who understands technology. I.S.R.O. has installed these panels at their new campus situated at Bopal- Ahmedabad. Below are some USPs of this product.
What is Solar PVGU? Solar PVGU is combination of Solar PV Module & DGU integrated with Air Gap filled by inert Gas & Sealed with hot melt to generate isolation sealant Provide isolation from heat and noise as well. Front Face Generates Electricity while the back face can be a tinted or frost Glass design available in More than 7 variables to keep inside face aesthetic and appealing.
Why Solar PVGU? Glass is nowadays becoming an integral part of Civil Engineering & Architecture for exterior face lift for buildings “then why not Generate electricity as well, cool the place and maintain interior aesthetic with safety using Solar PVGU.
Why and how it is useful?
Electricity Generation
Reduction in HEAT and also reduce power required for space cooling.
Reduce outside noise levels
Attract natural light to save on day lighting
Aesthetically appealing inside face
Human safety within building and outside
Spark Solar – 6 Bus Bar 144 half cell Mono PERC modules
Spark
Solar unveiled the completely new
module series RAPID DUO 6 Bus Bar 144 half cell Mono
PERC modules. The RAPID DUO module series
combines half-cell technology, six busbars and the PERC cell technology. Thus,
the monocrystalline modules reach efficiency of close to 20% and
power outputs of up to 395 Wp from 144 half-cells.
Spark Solar has the widest portfolio of solar modules which also includes its newly-developed glass film BIPV modules . “We are thrilled to unveil our latest high-end innovation to global customers. With the RAPID DUO series, Spark Solar will be setting another benchmark in terms of high-end performance and reliability of crystalline solar modules under real-life conditions. Customers and investors are looking for the highest possible yields and reliability.
Benefit of 6 Bus bar Solar Panels:
6 Bus Bar module is the latest technology
in the market and it
has several benefits over 5 bus bar or 4 bus
bar modules. The six bus bar PERC cell
technology combined with 144 half cell technology and 3 piece junction box
boost module output upto 20Wp. “ High power in the smallest
space with maximum durability”.
The busbars are the metal lines you see going down the
cells of the solar panel. They are the wires that connect
each cell to the other, allowing the
current to flow. Since each cell is generally
just over a half a volt, the bus bars wire them together in
series to create the higher voltages needed to be a usable
solar panel.
Higher Output per cell = Higher Efficiency
As the distance between adjacent bus bars is shorter in 6BB modules, the current path is shorter leading to higher output. Additional busbars creates lower resistance between cells. Ohms Law tells us that as resistance (ohms, R, or Ω) go down, the current (amps) goes up. And when current goes up for the same voltage, power (which is volts times amps) goes up.
The result of the additional busbars is that
the solar panels are about 2%
more efficient. This means that they can pack 2% more power in the
same size solar panel.
Lower Residual Stress in 6 bus bar cells= Lower Degradation
When conductors are
soldered onto solar cells to assemble them into
solar modules, the soldering activity leaves behind
residual stress in the cells. Over time the residual stress
converts into micro-cracks which
ultimately reduces
the generation. Due to shorter
distance between the bus bars in 6BB cells, the residual
stresses are lower in 6BB modules by up to
10%. Hence long term generation of 6BB modules
is superior as degradation is lower.
Today significant
losses occur during stringing the cells in a module
by using standard 5 or 4 busbar
technology. Simulations demonstrates that
the multi-busbar design allows
higher cell and module efficiencies
compared to 3 or 4 or 5 busbar
cell design, and in the same time reduces the
amount of silver needed for the front electrode.
Recently, the Pavagada solar park project in India, to which Suntech contributed a total supply capacityof 210MW, has been successfully connected to the grid. It, utilizing solely polycrystaline half-cell modules from Suntech, has become the largest one amongst all the established solar power stations with half-cell modules in the world.
Located in Tumakuru, Karnataka of India, the Pavagada Solar Park covers an area of 13,000 acres and is about 180 kilometers away from Bangalore – India’s fifth largest city. It is one of the ultra-large solar parks in Asia. The project is at a place with abundant light supply, but suffers from harsh environmental conditions such as sand storm.
The Pavagada project, the largest of all the established and grid-connected solar power stations with half-cell modules worldwide, was completed and got connected after 7 months from January 2019 when the construction began. A total of 626,866 pieces of Suntech’s high-efficiency, polycrystalline half-cell anti-fouling modules were put into the project. With excellent anti-fouling performance, these modules supplied by Suntech can enhance the self-cleaning ability of modules used in deserts and under harsh environments. In addition, the half-cell technology powering these modules can also reduce both the internal losses between modules and the operating temperature in the case of actually running the power station, thus supporting steady operation and lowering future maintaining costs.
Mr. Cao Xiaorong, Vice President of Suntech Power, expressed that The smooth grid-connection of the Pavagada project in India marks the fact that Suntech’s half-cell products not only were put into mass production, but also reached a new level for actual construction and operation of the power station; in terms of better customer satisfaction and loyalty, a demonstration effect was shown as well.
In the future,Suntech will continuously provide photovoltaic products with high quality, high reliability and high cost performance for customers in India by virtue of the State-of-the-art technical advantages and the excellent manufacturing level.
Ingeteam is finalizing
the launch of its new INGECON® SUN 160TL photovoltaic string inverter, offering
the possibility of achieving a power output of 160 kWAC in a single 75kg/165lbs unit. This
inverter, which has already been physically showcased at a number of national
and international fairs, is now at the production stage thanks to an order for
two hundred units for the Brazilian market.
This new
three-phase inverter, featuring 1500 Vdc technology, is suitable for indoor and
outdoor installation alike, and is primarily directed at multi-megawatt
projects, in other words large-scale solar PV plants.
In addition to
its high power density, the inverter’s main features include its high maximum
efficiency (99.1%), Wi-Fi and Ethernet and PLC (power line) communications
supplied as standard, and advanced grid support functionalities, with low
voltage ride-through and reactive power capability.
A further key
advantage lies in its significant cost savings potential, given the fact that
its high power density means that it is possible to drastically reduce the
number of inverters to be installed and, therefore, the total amount of
cabling. Furthermore, no connection boxes are required (either in DC or AC) and
neither is a neutral cable necessary, thereby reducing the total AC cabling
cost by up to 20%. All this leads to huge reductions in capital expenditures
(CAPEX).
This inverter
also offers lower operating costs, thanks to the Wi-Fi communication which is
supplied as standard, making it possible to start-up, monitor and control the
PV installation through either a mobile phone, tablet or laptop. Furthermore,
its string inverter philosophy guarantees minimum potential maintenance
requirements, with no need to vacuum the inverter interior or to check the
state of the fuses, or the thermal magnetic breaker or torque.
The new Ingeteam
inverter can be supplied in two different versions (STD and PRO) in order to
adapt to customer needs and to the technical requirements of as many projects
as possible.
This PV
inverter is part of the INGECON® SUN 3Play family which has PV inverters installed
in more than 15 countries and which, up to now, had power outputs of between 20
to 100 kW.
Solar Power International 2019, one of the world’s largest photovoltaic exhibition, kicked off from September 23 to 26 at the Salt Palace Convention Center in Salt Lake City, USA. Exhibiting in the show for the 4th consecutive years LONGi presented its high-efficiency Hi-MO 4 bifacial modules based on the new 166mm wafer standard to the North American market.
Dr. Hongbin Fang, Director of Product and Technology, LONGi Solar, showcased LONGi’s latest achievements and shared his views on the future of bifacial technology in the forums “Utility Scale Solar Plants of the Future: Integrating Bifacial Module, Energy Storage, Solar Trackers and Software” and “PV Magazine Quality Roundtable”. “The bifacial PERC module has fully extended the high-efficiency and reliability advantages of mono PERC to the backside of module.” he said. “With higher-power using M6 wafer/cell, LONGi Hi-MO 4 module demonstrates significant BOS cost savings for our customers. It will become a reliable choice for PV power plant investors to realize lower LCOE.”
LONGi has continuously promoted bifacial technology since 2017 and today, leads the deployment of bifacial technology in utility projects with over 2.4 GW cumulative shipments of bifacial modules as of August 2019, the world’s largest.
With increasing applications of bifacial technology in, advanced systems worldwide, LONGi high-efficiency modules, with leading monocrystalline technology, have been widely used in large-scale ground-mount projects since it entered the North American market . In the first half of 2019, LONGi has supplied bifacial PERC modules to many leading projects in the North America, as well as providing bifacial modules for the Department of Energy’s ongoing bifacial system field performance studies.
Looking ahead, growth in bifacial demand will continue to accelerate, taking global market to 5.42GW by the end of 2019 and 21GW+ by 2024 – close to a ten-fold increase compared to 2018. By 2024, 17.2% of PV modules worldwide installations will be bifacial. The trend is underpinned by the increasingly sound economics of bifacial modules, noted Wood Mackenzie at SPI 2019.
The Solar Energy Institute of America has set a roadmap to achieve several key goals for the solar industry over the next decade. Solar will account for 20% of US electricity generation by 2030. The roadmap also noted that the 20% share would require deployment of 500GW of solar by 2030.
“North American is an important market for LONGi’s global strategy. LONGi Hi-MO 4 will bring greater potential for the application and development of bifacial technology in North America.” said a local partner. “Customers are interested in bifacial technology, but are also concerned about quality, reliability and long-term after-sales service. LONGi has demonstrated the ability to deliver to these requirements ”, he added.
At the exhibition, LONGi held in-depth discussions with customers and partners from all over the world, laying a foundation of understanding for the extensive application of advanced technology and efficient products in the globally.
But it was not all work and no play at SPI 2019. LONGi specially sponsored a golf tournament, the “5K Run-with-the-Sun” and the after-hours “Block Party”. These sponsorships were great activities for the LONGi delegate to meet with customers and industry partners informally and develop brand recognition and lasting friendships.
Chinese solar panel maker Risen Energy Co., Ltd. recently announced the receipt of an order to provide 150 MW of high-efficiency solar PV modules to a power stations in Malaysia. Malaysia’s Minister of Energy, Science, Technology, Environment and Climate Change Yb Yeo Bee Yin attended the agreement signing ceremony. It’s the biggest module order Risen Energy has to date won both in Malaysia and from an overseas floating power station.
As part of the agreement, Risen Energy will supply high-efficiency Jaeger 144 modules with an output power up to 395W each to the project. The modules will be shipped in batches starting this month and the delivery is scheduled to be completed by June 2020.
Risen Energy president Xie Jian said, “Malaysia is one of our key emerging markets as it boasts abundant light resources and policies favourable to the industry. We are excited to be a part of the project in Malaysia. To ensure the smooth operation of the power station, once completed, we will equip the facility with our Jaeger modules, which have proven better performance in resistance to light induced degradation and light and elevated temperature-induced degradation. Our optimised Jaeger modules can minimise hotspots and the impacts from shade effect on their performance in power generation. With lower total cost of ownership and labour expense, our modules will bring the project owner a lower levelised cost of electricity and higher income from power generation.”
Besides the PV market in Malaysia, Risen Energy has expanded its presence across major markets in the U.S., Europe, Southeast Asia, Central Asia and the Asia-Pacific region. Notably, the company has achieved remarkable results in Kazakhstan and Ukraine, among other markets along “the Belt and Road.” Additionally, Risen Energy is accelerating the growth of its energy storage business as its integrated “PV + energy storage” and “PV + energy storage + charging”. Furthermore, smart micro grid solutions have been used in commercial applications.
Risen Energy is experiencing an increase in both its top line and bottom line as the firm continues expanding globally at a steady pace. Its financial forecasts for the first three quarters of 2019 expects a net profit between 765-815 million yuan, an increase of 262.40%-286.09% year-on-year.
LONGi and DLG Solar signed a contract for a 50MW PV project in Vietnam, which would adopt LONGi’s latest high powered Hi-MO 4 modules based on the new M6 monocrystalline wafer. This is another megawatt Hi-MO 4 order since its launch in May-2019 during Intersolar Europe.
Located in Ninh Thuan Province, the project will cover an area of 60 hectares and generate up to 80,000 MWh annually. The total investment is estimated to reach US$50 million.
The 72-cell variant of Hi-MO 4, the panels specified in this project, reaches a maximum power of 440W. This high power performance not only saves BOS costs, but increases power generation and revenues. This is a benchmark for promoting the rapid development of Vietnam’s photovoltaic market.
“I chose LONGi due to its product quality and strong brand, which has a good reputation among customers and partners worldwide. I have never doubted the quality of LONGi, and I am fully assured from your continuous innovations in technology and products.” Said Ta Quoc Dung, General Manager of DLG Solar.
“Vietnam is a key market for LONGi’s overseas strategic direction.” Mr Dennis She, Senior Vice President of LONGi Solar said, “We appreciate the trust and support from our customers. LONGi has booked over 2GW orders for our Hi-MO4 modules and can fully meet the market demand. We will provide high efficiency monocrystalline products with lower LCOE and affordable clean electricity for local enterprises and people based on the differentiated demands in Vietnam’s PV market.”
