Weekly Update (June. 30)
Astronergy news this week
1.??Astronergy PV modules at world’s largest hydro-solar power plant start generation
On June 25th, the Kela Solar Power Plant, the world's largest and highest hydro-solar power plant, started power generation. This monumental achievement was made possible by installing 523.1MW Astronergy PV modules! After its full operation, the Kela Solar Power Plant is projected to reduce 600,000 tons of standard coal annually and decrease carbon dioxide emissions by more than 1.6 million tons.
We are excited to be a part of this project and look forward to making a more positive impact on the environment.
For more details: https://www.astronergy.com/news/astronergy-pv-modules-at-worlds-largest-hydro-solar-power-plant-start-generation/
2.?TaiyangNews?Virtual Conference on Global PV System Technology Trends H1/2023
TaiyangNews - All About Solar ?Virtual Conference on Global PV System Technology Trends H1/2023 is a 2-days event that will reflect on the significant technology trends seen at?SNEC PV POWER EXPO?Shanghai and?Intersolar?Europe.
Ibrahim Desouky (Ibrahim E. ), our Technical Manager at EMEA region, was invited to attend the conference and shared more insights on innovative PV technologies and the technical advantages?of ASTRO N7.?
3.?Intersolar Highlights-Astronergy Booth Walkthrough
Intersolar Europe has come to a successful end, but the enthusiasm surrounding Astronergy continues to shine!
Join us for this booth walkthrough video as Jack Zhou, Head of Global Product Management at Astronergy, takes you on an immersive tour to introduce our brilliant products and their remarkable features!
4.?Astronergy Talk Ep.03 Green Supply Chain To the End
Astronergy Talk is a talk show series that brings together Astronergy's senior executives and top-notch industry experts to explore trending topics including ESG initiatives, global strategies, and sustainable manufacturing. The objective is to unveil the inherent potential for corporate growth and spark renewed momentum within the solar industry.
?In Episode 3 of?Astronergy Talk, we dived into the latest updates from Astronergy's manufacturing bases worldwide and explain our efforts to build a green and reliable supply chain.
5. Energyear?Colombia 2023
On June 28th, Roberto Otarola Estrada , our Latin American Technical Service Manager, was invited to speak at?Energyear ?Colombia 2023 for a panel discussion titled "Manufacturers' News and Novelties for the National Market." This dynamic session has explored PV manufacturers' latest developments and innovations, shedding light on exciting opportunities within the Colombian energy sector.?
PV market news this week
1.????Senegal to receive €2.5 billion for accelerated renewable energy deployment
Senegal has partnered with several countries and the EU to accelerate its renewable energy deployment, receiving €2.5 billion (US$2.71 billion) in new and additional financing starting in 2023. This partnership will accelerate the deployment of renewable energy in Senegal, increasing the share of installed renewable energy capacity to 40% of Senegal’s electricity mix by 2030.
2.????Germany seeking proposals for 10 GW of solar factories
The government aims to allocate investment subsidies (capex) through the Temporary Crisis and Transition Framework (TCTF), subject to budget availability and European Commission approval. The objective is to establish a 10 GW production capacity along the PV value chain.
3.????Switzerland becomes gigawatt solar market
Switzerland had its best year in terms of new PV deployment in 2022, with more than 1,000 MW of installed capacity, according to provisional statistics from Swissolar. At the end of December, the nation surpassed 4.6 GW of cumulative installed solar capacity.
4.????Austria hits 1 GW of annual solar installations
Austria surpassed 1 GW of annual PV installations for the first time in 2022. Developers installed 1,009 MW of solar in Austria, in line with previous forecasts, according to PV Austria. This figure surpasses 740 MW of installations in 2021, 341 MW in 2020, and 247 MW in 2019.
5.????Ireland surpasses 680 MW of installed PV capacity
Ireland has deployed around 680 MW of solar power spread across 59,888 generators to date, according to a new report from the Irish Solar Energy Association. Ireland could potentially reach 1 GW of cumulative installed PV capacity by the end of this year, according to new figures from the Irish Solar Energy Association.
6.????Falling raw material costs, energy prices push down European PPAs in May
Power purchase agreement (PPA) prices are falling in all European markets except for Spain and Portugal, according to Pexapark. The Netherlands and Great Britain have experienced the largest declines.
7.????Spain targeting 56 GW of new solar by 2030 under new energy strategy
The Spanish government says it aims to deploy 76 GW of cumulative PV capacity and 22 GW of storage by the end of this decade. The old version of the national energy strategy had set a PV target of 39 GW. As of the end of 2022, the PV source had reached 20 GW, indicating a need to deploy an additional 56 GW in the next eight years.