Weekly Update (August 30)
Astronergy news this week：
1.??Astronergy Project Cases--Romania 31.6MW CEF SL?TIOARA Solar Park
Astronergy is contributing to sustainable development in Romania! Located in V?LCEA County, Romania, CEF SL?TIOARA Solar Park is powered by 50,544 pieces of ASTRO N5 n-type TOPCon PV modules totaling 31.6MW.
Romania boasts an ideal climate for solar energy, with an average of 1,600 kWh/m2 of solar irradiation annually.?Additionally, according to Romania’s?Integrated National Energy and Climate Change Plan (NECP), the country aims to increase the share of renewable energy in final gross energy consumption to 36% by 2030.
After the grid connection in Q3 2024, this project is expected to provide 44,538 MWh of green electricity and reduce carbon emissions by 31,114 tons annually. Astronergy is proud to be a part of Romania’s energy transition and we will stay committed to creating a sustainable future with solar power!
2.??Astronergy French website is now live!
To better serve our Francophone partners and customers, our French website will offer detailed information about Astronergy's technologies, products, and more!
Visit us at www.astronergy.fr and join Astronergy to create a greener world with solar power!
3.??Highlights of Astronergy at Smart Energy Exhibition in Australia
What a great chance for Astronergy to connect with clients and friends in Australia at the Smart Energy Exhibition!
According to BNEF, Australia must increase its renewable energy capacity to over 126 GW, to achieve net zero by 2050. Rooftop solar has become the?second largest source of renewable electricity in Australia. In July 2024, the country's rooftop installed capacity reached a record 302 MW, a 10% increase compared to any previous July.
During the event, we introduced Astronergy's ASTRO N7s ZBB-TF PV modules, which are specially designed for C&I and residential applications. Featuring n-type TOPCon 4.0 cell technology and rectangular silicon wafers, ASTRO N7s increase wafer size by 5.7%, significantly improving module efficiency. By introducing no harpoon-like grid lines and TF technology, ASTRO N7s is an eco-friendly solution for rooftop projects with an aesthetic appearance.
We are excited about the future of solar energy in Australia and look forward to contributing to the decarbonization progress in the country!
4.??Upcoming event: Intersolar Mexico
-Time: September 3rd-5th, 2024
-Registration link: https://www.intersolar.mx/home
5.??Upcoming event: SPI RE+
-Time: September 9th-12th, 2024
-Booth: Hall D, No.28038
-Registration link:https://www.re-plus.com/
PV market news this week：
US investors Generate Capital and KeyState Renewables have closed their third joint fund, which has raised US$64 million to support the development of 53.5MW of community solar projects in the state of New York.
Agriculture accounts for 21.5% of Brazil’s gross domestic product and 27% of its emissions. PV companies are now targeting an industry that represents 14% of the nation’s small-scale installations. With credit incentives and growing familiarity with the technology, agribusinesses and solar specialists are discovering new opportunities for collaboration.
A research team from Poznań’s University of Economics & Business and SMA Solar Technology AG spoke to installers, designers, distributors and manufacturers in Poland’s solar industry to identify key barriers to PV development. They highlighted a lack of connection capacity and prices of non-renewable energy sources as the main issues.
The Bulgarian government has approved a memorandum of understanding with Turkey’s Smart Solar Technologies AD for the construction of a solar cell and panel factory in southern Bulgaria.
ACWA Power plans to build a 500 MW solar plant and a 500 MWh battery energy storage system in Uzbekistan under a project proposed by the Asian Development Bank (ADB).
The Japanese authorities have suspended feed-in tariffs (FITs) and premiums for 342 agrivoltaic projects due to violations of new agricultural land regulations. Analyst Makoto Tajima tells PV Magazine that this move could hinder the development of agrivoltaics in land-scarce Japan.
Bondada Engineering said this week that it has secured a letter of award to set up 170.40 MW (DC) of grid-connected distributed solar plants in the Indian state of Maharashtra. The projects are to be developed under Mukhya Mantri Saur Krushi Vahini Yojana 2.0 of the state government of Maharashtra.
India’s ReNew says it has signed a 437.6 MW green attribute contract with Microsoft, supporting the US tech giant’s goal to be carbon-negative by 2030.
South Africa’s latest auction is the first to be held under a December 2022 government plan to procure 14,771 MW of new generating capacity.
JMK Research says India is on track to install 21.5 GW of solar this year, including 16.5 GW of utility-scale installations, 4 GW of rooftop systems, and 1 GW of off-grid systems.
The greatest capacity uplift of 2024 was recorded in July as provisional deployment data suggests 1.2 GW was added over 12 months. Domestic installations continue to account for the lion’s share of new additions, but the UK government is seeking views on planning reforms aimed at accelerating the deployment of large-scale solar farms.
Sweden installed 460 MW of solar in the first half of 2024, following a record deployment year in 2023. However, market growth has been sluggish due to lower electricity prices and uncertainty around green tax deductions for batteries, according to Svensk Solenergi.