Weekly Review
SolarSpace news this week:
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1. SolarSpace Showcased?at the World?Future?Energy?Summit
From April 16th to 18th, the World?Future?Energy?Summit?was held at the Abu Dhabi National Exhibition Center. SolarSpace showcased a variety of high-efficiency solar modules and cutting-edge solutions at the show, attracting considerable attention. The exhibition has concluded successfully, and we extend our gratitude to all the customers who visited the SolarSpace booth. Thanks to all customers' support, and we are committed to providing customers with even more high-efficiency?and reliable products in the future.
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2. SolarSpace Was Invited to Attend BNEF?Summit?New?York 2024
From April 16th to 17th, BNEF?Summit?New?York 2024?was held in New York City, USA, hosted by Bloomberg New Energy Finance. SolarSpace was invited to attend this prestigious event. It was a valuable opportunity for us to engage with experts in the fields of finance, technology, and energy, allowing us to learn and exchange ideas. SolarSpace values every opportunity to contribute to the global energy transition, as we believe that sustainable energy solutions are key to addressing the challenges of climate change and building a brighter future for generations to come.
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3. SolarSpace Step up to the CCC Level of PV?Tech's Bankability?Pyramid
Recently, PV Tech released the Module Supplier?Bankability Pyramid for the first?quarter of 2024. PV?Tech's bankability rating system is an authoritative analysis tool in the industry, which comprehensively considers companies' manufacturing capabilities and financial performance to rank the bankability of PV module manufacturers. Once again, SolarSpace has made it onto the list due to its advanced technology, superb craftsmanship, and reliable quality. Notably, our ranking has improved by one level compared to the previous quarter, stepping up to the CCC level. This achievement highlights SolarSpace's continuous and stable progress in the industry.
PV market news this week：
1. European Space Agency mulling Feasibility of Space-Based Solar Power
The ESA has shared project details for an initiative designed to harvest the sun’s energy in space before wirelessly transmitting it to receiving stations on Earth.
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The Solaris initiative plans to beam down energy from orbit to back up weather-dependent renewables. ESA said it is investigating the feasibility of developing the project alongside policymakers, energy suppliers and space companies. It aims to make an informed decision by the end of 2025 on how to proceed with a development program.?ESA said the uninterrupted nature and scalable potential of space-based solar power could offer a solution to current and future energy challenges.
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2. India Releases Draft Guidelines for Residential Rooftop?Solar Subsidies
India's MNRE has released draft guidelines for the PM Surya Ghar: Muft Bijli Yojana scheme, which is designed to support the installation of rooftop solar (RTS) plants in 10 million households with subsidy support from the central government.
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The key objective of the scheme is to help provide free or low-cost electricity to 10 million households with up to 300 units of electricity per month by installing rooftop solar. The scheme will be implemented until March 31, 2027.?The MNRE said that the Phase II Grid Connective Rooftop Solar Programme, with a budget of INR 118.14 billion ($1.4 billion) until 2025-26, will persist until the introduction of the new scheme.
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3. EC Announces European Solar Charter to Support PV Manufacturing
The European Commission has announced the ESC in a bid to support the ailing European solar manufacturing sector. The document sets out a series of voluntary actions, including accelerated permitting for solar deployment and PV manufacturing projects, as well as “ambitous non-price criteria” in public procurement, renewable energy auctions, and other support schemes.
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The charter was signed in Brussels on Monday by representatives of the 23 EU member states, the European Commission, and several industry bodies, including the European Solar Manufacturing Council (ESMC) and SolarPower Europe (SPE).?The signatories have committed to supporting “the competitiveness of the European PV manufacturing industry and promoting the creation of a market for high-quality products meeting high sustainability and resilience criteria, in full respect of the EU’s climate and energy objectives,” according to the European Commission.
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4. France to Tender 240 MW of Solar Capacity along Highways
France's Regional Highways Division (DIR) plans to launch a series of tenders to deploy 240 MW of solar capacity along the country's highway network this month.?The DIR, the Cerema mobility research center, and the French Treasury have already identified 140 car parking areas with a total surface of 38.7 hectares. This includes around 100 interchanges for 162.4 hectares – a figure likely to change because the selection process is not yet complete.
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“In total, the estimated power of this PV potential is 240 MW, representing more than 7.5% of projects connected to the French electricity network in 2023,” said Kévin Guichard, project director of Fin Infra, a government-run agency that advises public entities on their investment projects.
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5. SEIA and US Solar Leaders Call on Congress to Support Legislation to Ease Solar Permitting and Transmission
The US Solar Energy Industries Association (SEIA) has sent a letter, containing close to 200 signatures from solar and storage companies in the US, to the US Congress, calling on the body to accelerate legislative reform for solar projects in the US.
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The letter, dated 11 April,?calls on the government to streamline four aspects of solar legislation: permitting, siting, transmission and access to public lands. The signatories argue that the current solar and storage permitting processes are “overly complex and time-consuming”, and in need of standardisation, and that legislators should designate priority sites for use by solar and storage developers, to eliminate “land use conflicts and restrictions.”