Weekly Update (January 3)

Astronergy news this week:

1.??Astronergy 2024 year-end review

Looking back on 2024, we are filled with gratitude and pride for a year of growth, innovation, and collaboration.?By visiting over 40 countries and participating in over 170 expos and events, we showcased our latest advancements in TOPCon technologies, shared insights into sustainable energy solutions, and strengthened connections with global clients.

Sincere thank you to everyone for supporting Astronergy in 2024! We are excited to collaborate with more partners to advance innovation and create a more sustainable world with solar power!

2.??Astronergy Global Project--1.5MW Waseem Steel Mills in Pakistan

The successful construction of this project is supported by ASTRO N5 n-type TOPCon PV modules. ASTRO N5 features TOPCon 4.0 cell technology, achieving enhanced conversion efficiency. With double-layer coated glass, ASTRO N5 improves glass transmittance and module durability, ensuring top performance in high-temperature conditions.

This project will provide approximately 1,040,250 kWh of clean electricity annually, significantly reducing the carbon footprint and the overall operation cost of the steel mill.

Dive into the video to get a closer look at this project! Stay tuned for more exciting projects!

3.??Upcoming event: Astronergy Webinar for the Bangladesh market

We will explore opportunities and introduce our solutions that can drive the country’s energy transition.

??Topic: Illuminating A Sustainable Future: Astronergy's Products & Path Ahead

??Date & Time: 11:00 AM-12:15 PM, January 7th

??Speaker:

David Zhang, General Manager of APAC, Astronergy

Ashish Verma, Technical Manager SA, Astronergy

Md Hasib, Country Manager Bangladesh, Astronergy

Free Registration: https://zoom.us/webinar/register/WN_KQQhIQStSPS9LctdxksB6A

4.??Upcoming expo: World Future Energy Summit

-Time: January 14-16th, 2025

-Booth: 5150

-Registration: https://www.worldfutureenergysummit.com/

PV market news this week：

1.??Tunisia tenders 498 MW of solar projects

Tunisia’s Ministry of Industry, Mines and Energy has approved four solar projects in the first phase of a 1.7 GW solar tender. The lowest price awarded was TND 98.8 ($0.03113)/kWh.

2.??Solar dominates Poland’s latest renewables auctions?

Figures from Poland’s Energy Regulatory Authority (URE) show that solar accounted for 198 of the 200 successful bids awarded under the country’s latest renewables auctions. Auctions covering hydroelectric power plants, agricultural biogas plants, and biomass went unresolved due to a lack of valid offers.

3.??Jordanian government promotes small-scale solar

The new government of Jordan has been described by analysts as progressive on clean energy. Public support for solar has already been widespread, with tariffs for home systems encouraging people to adopt low-cost energy. Jordan’s Ministry of Energy and Mineral Resources said 32,890 solar water heaters had been installed in 2023 under a former subsidy program. The state has also backed solar on farms and public buildings and building-integrated PV.

4.??Christmas electricity prices surpass €100/MWh in Europe

AleaSoft Energy Forecasting says weekly average electricity prices exceeded €100 ($104.10)/MWh across most major European markets last week, largely driven by rising gas and CO2 prices.

5.??Sembcorp Utilities activates 588 MW of solar in Oman

Singapore’s Sembcorp Utilities has launched commercial operations at its 588 MW solar plant in Oman more than four months ahead of schedule. The project operates under a 20-year power purchase agreement (PPA) with Nama Power and Water Procurement Co.