Weekly Update (Jan 26)
Astronergy news this week：
1.??Astronergy scored A in the latest PV ModuleTech Bankability Ratings!
Exciting news! Astronergy is scored A in the latest PV ModuleTech Bankability Ratings, marking a significant leap from BBB in the previous quarter!
We take pride in delivering reliable PV modules. This upgraded ranking reflects the trust and confidence our partners and clients place in Astronergy.
Looking forward to 2024, we're gearing up with plans for 65GW of PV cell production and 75GW of PV module production. These targets showcase our commitment to pushing the boundaries of innovation and sustainability in the solar industry.
2.??Astronergy shines at Intersolar North America!
Thanks to everyone for visiting our booth at Intersolar North America!
The star products of our presence at the expo are our ASTRO N n-type TOPCon PV modules. Powered by Astronergy's n-type TOPCon 3.0 cell technology and advanced SMBB technology, ASTRO N7 can reach a remarkable cell efficiency surpassing 25.7%.
As we construct our new manufacturing base in the U.S., we aim to bring our top-quality PV modules to more local clients. We're committed to advancing solar technology, delivering sustainable solutions, and contributing to the global clean energy revolution!
3.??Meet Robert Simon, our new Country Manager Hungary, Czechia, Slovakia!
Welcome?Róbert Simon, our new Country Manager Hungary, Czechia and Slovakia to join our team! ?
Robert's extensive experience in the solar industry makes him an invaluable asset to Astronergy. We are thrilled to welcome him to our team and are confident that his passion for clean energy will significantly contribute to our mission of creating a sustainable and net-zero carbon world with solar power! ?
With Robert on board, we are poised to achieve ambitious goals in the dynamic solar markets of Hungary, Czechia and Slovakia. His leadership will undoubtedly play a key role in driving our commitment to delivering innovative solar solutions in these regions.
4.??Solar Quality Summit Europe 2024 Recap
Astronergy had an amazing time engaging with industry experts at the Solar Quality Summit Europe 2024! Ibrahim Desouky, our Technical Manager of EMEA, took the stage to discuss the evolving landscape of Operations and Maintenance (O&M) in the solar industry.
Powered by TOPCon 3.0 cell technology, our ASTRO N7 TOPCon PV products achieve a 5.5% reduction in voltage, resulting in a BOS cost saving of $0.014-0.042 and a reduced LCOE cost. This financial flexibility allows for strategic resource allocation towards preventative maintenance, monitoring technologies, and comprehensive workforce training, all pivotal for achieving optimal solar system performance.
At Astronergy, we are at the forefront of innovation, leveraging AI, big data, and cloud technologies to enhance the efficiency of operations and maintenance for solar plants on a global scale.
5.??Thank you for joining Astronergy at Open Energies 2024!
We extend our heartfelt gratitude to everyone who visited our booth at Open Energies 2024 in Lyon! It was an exhilarating experience showcasing our n-type TOPCon PV modules and engaging with local friends.
Open Energies 2024 provided an opportunity for us to explore the dynamic French solar market. By forging new connections with local clients, we are excited about the potential partnerships that can drive mutual growth and contribute to a more sustainable future!
See you at Open Energies next year and discover more about our products and technological breakthroughs at www.astronergy.com!
6.??Astronergy receives "Best Carbon Neutral Practice" Award from TüV NORDTüV NORD!
We are proud to share that Astronergy was honored with the "Best Carbon Neutral Practice" Award in the PV industry by TüV NORD on January 24th!
This award underscores Astronergy's dedication to sustainability. In 2023, Astronergy unveiled its Sustainable Roadmap, committing to achieving carbon neutrality by 2050. We actively joined initiatives such as the Science Based Targets initiative (SBTi), the United Nations Global Compact's "Forward Faster" initiative, and the Solar Stewardship Initiative (SSI).
As a key player in the industry, Astronergy continues to innovate solar solutions, enhancing product efficiency, and reducing the overall carbon footprint throughout the product lifecycle. Look forward to more exciting sustainable achievements!
7.??Introducing Malaysia 15MW D&Y Rooftop Solar Plant
领英推荐
We're thrilled to introduce our latest project, the D&Y Textile Rooftop Solar Plant, marking Malaysia's one of the largest C&I distributed rooftop solar projects!
Project Highlights:
-Location: Kulai, Johor, Malaysia
-Capacity: Powered by 15MW of ASTRO N5 TOPCon PV modules
-Grid Connection Date: December 6th, 2023
After connecting to the grid, this project will make a significant impact on sustainability. It is projected to reduce 13,949.96 tons of carbon dioxide annually and will save $1.52 million in electricity fees for the first year. In the long-term run, a total of $38 million will be saved for D&Y Textile by 2025.
Click now to watch the video and join us in powering a sustainable tomorrow!
PV market news this week：
Solar Energy Corp of India (SECI) is accepting bids to set up 1.5 GW of solar PV power projects on a build-own-operate basis. These projects can be located anywhere in India and must connect to the interstate transmission system. The bidding process closes on Feb. 23.
Romania added 624 MW of power generation capacity in 2023, according to the Energy Ministry. This includes 496 MW of new solar power plants, a significant increase
from 25 MW added in 2022. An increase in the number of prosumers took the total installed capacity for this segment to over 1.5 GW at the end of 2023.
India’s NTPC aims to acquire 1.5 GW of bifacial PV modules for the Khavda solar facility, situated in a salt desert near the border with Pakistan. This endeavor will require an investment of $2.26 billion.
Spanish photovoltaics developer Solaria has received construction authorization to commence building its 595MW Garo?a solar project in the province of Burgos, northern Spain. The site will replace the Santa María de Garo?a nuclear plant, which is reaching the end of its useful lifespan.
Indian Prime Minister Narendra Modi has announced the Pradhan Mantri Suryodaya Yojana scheme, allowing 10 million households to install rooftop solar. The program will reduce electricity bills for the poor and middle class, while also fostering energy self-reliance in India.
APPA Renovables says Spain installed 1.94 GW of new self-consumption solar PV capacity in 2023. UNEF’s number is a little lower at 1.7 GW, representing an annual drop of 32%. Both the associations agree that 2022 was an exceptional year for this segment with geopolitical crisis and high energy prices.
With a significant portion of the space in United States cities allocated for parking, the dual-pronged approach of the Inflation Reduction Act (IRA) – production tax credits to drive investment in domestic manufacturing and investment tax credits to attract consumer-side investment – means solar canopies can make a huge contribution to the net zero drive.
The Saudi energy minister, Abdulaziz bin Salman Al Saud, has said that experts have identified 1,200 sites for the deployment of large-scale wind and solar projects across the country.
EUPD says Chinese solar module imports to the EU added up to around 4.5 GW in December 2023. Analysts see module price decrease as a reason for around 500 MW increase in December. It pegs total solar PV module imports to the bloc adding up to 87 GW in 2023.
Ratings agency ICRA says India could install 17 GW of new PV capacity this year and another 20 GW in 2025. It maintains a stable outlook for the renewable energy sector in India on the back of strong policy support, healthy demand prospects, and tariff competitiveness.
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