Suntech’s Post

Solis Inverters Make Strides in Offshore Deployments Ginlong (Solis) Technologies, the world’s third-largest PV inverter manufacturer, proudly announced at the SNEC exhibition earlier this month that its 30kW inverter supported an offshore photovoltaic empirical project. This news follows the establishment of the Offshore Photovoltaic Verification Base, a joint venture between the National Solar Photovoltaic Quality Inspection Centre (CPVT) and CIMC Jiguang. This base is the first national-level photovoltaic product quality inspection center in China, with Solis among the first companies to undergo and achieve offshore verification. As PV technology for offshore environments continues to advance, Solis has set new standards for waterproof sealing, corrosion resistance, and mechanical performance in its inverters and components.  Read the full story here: https://lnkd.in/d8KUufyN #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #china #energystorage #ginlongsolis #offshoreprojects #pvindustry #pvinverter #snec2024 #solis

🌟 Exciting News in the Renewable Energy Sector! 🌍⚡ Livoltek, a leading PV inverter manufacturer and part of China's Hexing Group, has announced an ambitious plan to build a new inverter factory in the Manaus Free Trade Zone, Brazil! Key Highlights: - Massive Investment: The factory will span 30,000 m², with an initial investment of BRL 70 million ($13.2 million). - Diverse Production: Alongside PV inverters, the facility will manufacture lithium batteries and electric-vehicle chargers. - Strategic Timeline: Environmental licensing applications start in August, with production slated to begin by the end of 2024. - Market Ambitions: Livoltek aims to be among the top 10 PV brands in Brazil by 2025, with plans to expand into Argentina, Colombia, Paraguay, Peru, and eventually Europe. - Proven Expertise: Inspired by the success of Eletra Energy Solutions, which Hexing Group acquired in 2010, Livoltek is confident in replicating this success in the renewable sector. Liangzhang Zhou, chairman of Hexing Group, emphasized the company's commitment to Brazil's industrial growth and its pivotal role in the global market. With the local PV market doubling every year, Livoltek's investment is set to make a significant impact! Livoltek set to commission Brazilian inverter factory: https://lnkd.in/dQ5n98kM #RenewableEnergy #SolarPower #GreenTech #Sustainability #CleanEnergy

Nestcon Berhad Updates MOU With Nam Heng Safety Glass, Secures Solar PV Project Agreement In Malaysia Nestcon Berhad (Nestcon) has announced an update on its Memorandum of Understanding (MOU) with Nam Heng Safety Glass Sdn. Bhd., initially established on August 9, 2022. This development comes as Nestcon Solar Sdn. Bhd. (NSSB), a subsidiary of Nestcon Sustainable Solutions Sdn. Bhd., has entered into a significant agreement with Subang Safety Glass Sdn. Bhd. (the Customer) to develop, design, install, construct, and commission a solar photovoltaic (PV) system. Key Details of the Agreement: This agreement marks a significant step forward for Nestcon, reflecting its commitment to sustainable energy solutions and expanding its capabilities in the solar PV sector. The […] Read the full story here: https://lnkd.in/d3rMRTpC #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #malaysia #namhengsafetyglasssdn.bhd #nestconberhad #renewableenergy #solarenergy #southeastasia

The Indonesian government recently issued a new regulation on grid-tied Rooftop Solar Systems (MEMR Regulation 2 of 2024) as another step in the development of the regulatory regime for this asset class that is rapidly growing in Southeast Asia and South Asia. Read our team's analysis of this regulation as well as initial market reactions here! #energytransition #energy #infrastructure #solar #Indonesia

🎯 Chinese renewal ☀️ 💡 Hoang Thinh Dat JSC and Chinese firm Hainan Drinda New Energy Technology Co., Ltd. signed an MoU on March 26 to develop a solar panel factory in the Hoang Mai II Industrial Park, located in Southeast Economic Zone of the central province of Nghe An. 🏭 The factory is expected to come into operation in the fourth quarter of this year, following an investment of $450 million for the first phase. 🗓️ Last month, another Chinese firm, Trina Solar Cell Co., Ltd. was awarded an investment registration certificate for a project in the northern province of Thai Nguyen worth $454 million to produce solar modules and batteries. This has raised the total amount invested in Vietnam by Chinese firms to $932 million. 🌞 Trina Solar Cell had previously built two projects with a total registered investment capital of $478 million to produce photovoltaic cells for solar batteries, and silicon bars and monocrystalline silicon panels. 🧮 According to a report from Vietdata, the solar battery market has a lot of development potential over the next few years. 🥊 However, competition in the industry is fierce, with domestic enterprises yet to get involved significantly. Currently, Irek Energy JSC is the only domestic enterprise with a notable market share, the rest of the market is mostly foreign-owned companies, mainly Chinese and American. 🗣️ Nguyen Mai, chairman of the Vietnam Association of Foreign-Invested Enterprises, said, "China is the world leader in developing solar batteries with many projects in Bac Giang, Thai Nguyen, and Bac Ninh provinces, and we welcome this investment in renewable energy projects." 💬 "Chinese firms are not only spending on solar cells, they are also interested in semiconductors. However, Vietnam will have to become adept at managing these new technologies and transferring technical knowledge from foreign investors," added Mai. 📈 According to the Foreign Investment Agency under the Ministry of Planning and Investment, as of March 20, the total amount of overseas funding in Vietnam reached more than $6.17 billion, an increase of 13.4 per cent on year. China is top of the list of foreign investors for the number of new ventures, accounting for 27.8 per cent. https://lnkd.in/gHg2PPXx

Indonesia has attempted to regulate the development of Rooftop Solar Systems since 2018 to balance the interests of consumers and investors, as well as manage potential impact on the grid of increasing injection from intermittent sources and also allow for some level of control and oversight of the national utility, PLN. Over the past 6 years, not less than 5 regulations have been issued indicating repeated efforts at pursuing such balance. The Indonesian Government now makes another attempt with the issuance of a new regulation on grid-tied Rooftop Solar Systems (MEMR Regulation 2 of 2024). The new framework introduces significant changes to the previous regime which applied since 2021 including in particular: 1) the introduction of grid-based capacity quotas for Rooftop Solar Systems which will be allocated on a first-come first-served basis; 2) the removal of net metering incentives and paralel operation charges; 3) new application process for the approval to develop and operate Rooftop Solar Systems to be obtained from the relevant grid owner (in most cases PLN) which now includes the possibility of a deemed approval; and 4) uncertainties around the entitlement to the carbon economic value from the operations of Rooftop Solar Systems and the related GHG emission reductions. In this short piece, we provide an overview of the key new requirements introduced by MEMR 2/2024 and also share a flavour of the initial reactions from the market as well as additional practical guidance which was coveyed by MEMR during its "socialization" of the new regulation which took place on 5 March.

Shizen International, Terengganu Inc. to develop solar projects in Malaysia This will boost green technology initiatives within the state. Shizen Energy Group’s Shizen International Inc. has signed a memorandum of understanding with Terengganu Incorporated Sdn Bhd. to explore the potential development of ground-mounted solar power projects in the Malaysian state. In a statement, Hiroki Koga, representative director of Shizen International, said the company aims to increase renewable energy capacity, support local development, and contribute to environmental sustainability. “By working together, we aim to enhance local socio-economic development and contribute to Terengganu Inc.'s ESG [environmental, social, and governance] target of achieving a 35% renewable energy capacity mix by 2025,” he added. Burhanuddin Hilmi Mohamed, president and group CEO of Terengganu Inc., also said the recently signed agreement will pave the way for exploring new solar energy projects, boosting state revenue, and fostering green technology partnerships. The signing took place on 6 August at Wisma Darul Iman, the state secretariat building of Terengganu, Malaysia. https://lnkd.in/gW6Jh9tX

Skim Insentif Solar Rakyat (Solar for Rakyat Incentive Scheme – SolaRIS), is a Malaysian government program that encourages homeowners to install solar panels on their roofs. #Goal: Increase renewable energy use and reduce carbon emissions. #Benefit: Rebate of RM1,000 per kilowatt of alternating current power (kWac), up to RM4,000 for new NEM Rakyat users (Net Energy Metering program for residential users). #Eligibility: - Malaysian citizen - First-time applicant for NEM Rakyat scheme - Apply once per person (per electricity bill holder) #Availability: - Applications open from April 1, 2024 to December 31, 2024 (or until quotas are filled) - System installation and operation must begin by March 31, 2025 (or until quotas are filled) #Quota: An additional 100 megawatts (MW) added to the NEM Rakyat program, bringing the total to 350 MW (applications open until December 31, 2024 or quota is reached). #Rebate Payment: After installation and operation of the solar PV system, paid to the bill holder's local bank account. More #Information: Websites of TNB (National Grid), SEDA (Malaysian Sustainable Energy Development Agency) and the Energy Commission. So basically, #SolaRIS offers a financial incentive to Malaysian homeowners to install solar panels and contribute to the country's clean energy goals.

China is one of the largest producers of photovoltaic (PV) mounting structures in the world, and its PV mounting structures have some key differences compared to those produced in other countries. Here are a few of the main differences: Cost: China has a large manufacturing industry and low labor costs, which allows it to produce PV mounting structures at a lower cost than many other countries. This can be an advantage for customers who are looking for affordable solutions. Variety of products: China has a diverse manufacturing industry and produces a wide range of PV mounting structures, including ground-mounted, roof-mounted, and floating structures. This variety of products allows customers to find the right solution for their specific needs. Quality: China has strict quality control standards, and many of its PV mounting structure manufacturers have international certifications such as ISO 9001 and TUV. However, the quality of Chinese-made PV mounting structures can vary, and it's important to carefully research the manufacturer and their products before making a purchase. Innovation: China is investing heavily in renewable energy and is home to many innovative companies that are developing new and advanced PV mounting structures. In comparison, PV mounting structures produced in other countries may have different strengths, such as a focus on quality, innovation, or specific design features. It's important to consider the specific requirements of your project and evaluate the options from various countries to determine the best solution for your needs.

Ginlong (Solis) Celebrates New National Standard PCS Certification at SNEC 2024 Ginlong (Solis) Technologies, the world’s third-largest PV inverter manufacturer, proudly announced at the SNEC exhibition earlier this month that its 30kW inverter supported an offshore photovoltaic empirical project. This news follows the establishment of the Offshore Photovoltaic Verification Base, a joint venture between the National Solar Photovoltaic Quality Inspection Centre (CPVT) and CIMC Jiguang. This base is the first national-level photovoltaic product quality inspection center in China, with Solis among the first companies to undergo and achieve offshore verification.  As PV technology for offshore environments continues to advance, Solis has set new standards for waterproof sealing, corrosion resistance, and mechanical […] Read the full story here: https://lnkd.in/dNzkV3At #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #certification #efficiency #energystorage #ginlongsolis #globalnews #inverter #offshorepvproject #pcs #photovoltaic #pvtechnology #renewableenergy #snec2024 #solarenergy #solis