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There are three headlines during this week. China’s National Energy Administration (NEA) announced a revision of the nation’s solar installation target by raising it from 15GW to 17.8GW. The latest announcement again introduced advanced policies for distributed generations, representing China’s ambition to achieve its goal.
The second headline is about the potential of emerging markets. Egypt, a country which has been suffering from power outrage in the summer and energy crisis in recent years, successfully signed 5GW of solar development agreements with several solar companies. In addition, JinkoSolar decided to build a PV cell & module manufacturing facility in Malaysia. This is not only for JinkoSolar to offer more price-competitive products in the globe, but also for Malaysia to prompt domestic solar development.
Japan is the third one. Japan’s Ministry of Economy, Trade and Industry (METI) officially announced fiscal year 2015’s feed-in tariff schemes for renewable energies. Unsurprisingly, the tariffs for solar have been cut. Although the lower incentives might impact the Japanese solar market, the strong demand to residential PV systems would remain.
Market Research
Market Highlights
- China Aims to Install 17.8GW of Solar PV Projects in 2015
- Egypt Signs to Develop 5GW of Solar Power
- Japan Slashes 16% of Its Solar FiT for Next Year
- JinkoSolar to Build a Cell & Module Manufacturing Facility in Penang, Malaysia
- Kyocera to Launch Solar-compatible Energy Storage Solution for Residential Use in Germany
Business/Strategic Partnership/Financing Programs
- “Solar Freedom” Package Offers Low-cost Financing Solution for Going Solar
- Jinko Power and CDBL Signs Strategic Agreement for 1000MW of PV Projects
- SolarCity Gains Supports from US’s First First Renewable Energy Tax-Credit Syndication
- Owning Solar Power While No Solar Panels on Your Rooftop
- Solar Frontier to Supply 100MW of CIS Thin-film Solar Module to Welspun Renewables
Constructions/Productions/Installations
- JA Solar May Build a 400MW PV Manufacturing Factory in Southeastern Asia
- SolarWorld Expands PERC Cells Production in Arnstadt
- Yingli Solar to Construct a 50MW Mine Solar Power Plant in Hubei, China
- SPI and Aqua Clean Energy to Co-develop Floating PV Projects
- City of Georgetown to Feature of 150MW SunEdison Solar Power Plants
Electric Vehicles and Other Renewables
- Freudenberg-NOK and US DOE to Initiative Electric Vehicle Charging Stations
- Toshiba to Participate in Large-Scale Hydrogen Research Project in Scotland
- China’s First SCD Offshore Wind Turbine Prototype Platform Connects to the Grid
Events
- Top 50 Influencers in Asia's Power & Electricity Sector
- The eagerly anticipated RetrofitTech Conference opened in Dubai today and the inaugural gathering was replete with the industry's key players
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