The infinity of solar energy and the economy of solar power generation will inevitably make solar replace traditional fossil energy in the future In recent years, the energy storage industry has "followed" the rapid development of clean energy, and it is expected to solve the problem of "abandoning wind and solar energy". On December 29, 2018, China's first large-scale grid parity project constructed by China Three Gorges Corporation was officially connected to the grid for power generation in Golmud, Qinghai. The average electricity price of the solar power station is 0.316 yuan/kWh, which is lower than the on-grid electricity price of 0.3247 yuan/kWh, which is the benchmark for thermal power desulfurization in Qinghai Province. Although the National Energy Administration has made it clear that there will still be subsidies for solar power generation before 2020, under the system design of competitive allocation of power station indicators, 2019 will inevitably "point to the area" and open the era of Solar parity. With the rapid improvement of energy storage technology and the continuous decline of costs, "solar energy storage" will play an important role in the future energy field, and it is expected that more companies will deploy in this field in 2019. "Clean energy + energy storage" is the direction of the future energy revolution "If there is no supporting energy storage solution, the possibility of solar replacing conventional energy in the next 20 years is almost zero." Recently, Xie Xiaoping, chairman of SPIC Yellow River Upstream Hydropower Development Co., Ltd. (hereinafter referred to as Yellow River Company), told the media express. On June 1, the National Development and Reform Commission, the Ministry of Finance, and the National Energy Administration jointly issued the "Notice on Matters Concerning Solar Power Generation in 2018" (known in the industry as the "5.31" New Deal), which has unprecedented control over the solar industry, including restrictions on the scale of new construction Measures such as reducing subsidy intensity and electricity prices have been called "the most stringent Solar policy in history" by the industry. After the "5.31" new policy was issued, the demand for an installed capacity of domestic solar power plants shrunk sharply, and the solar market experienced turmoil. Many small and medium-sized solar manufacturing companies that only focus on the domestic market are facing the dilemma of stopping production. He pointed out that "clean energy + energy storage" is the direction of the future energy revolution. "Due to the defects of intermittency and volatility, solar cannot exist independently in the grid. Only when the energy storage industry develops to a certain extent or is supplemented by other energy sources, it can be replaced by conventional energy sources?" Xie Xiaoping said. "Solar + energy storage" will become the cheapest energy Li Zhenguo, president of solar product manufacturer LONGi Green E...

According to data released by the Association of Greek Solar Companies, the installed capacity of the Greek solar market in 2022 will be three times that of 2021. According to a comprehensive statistical analysis of the Solar market by the Greek Solar Companies Association, the new solar capacity will be 1.36GW in 2022, of which the industrial and commercial installations are more than twice that of household solars. These figures are preliminary as Greece's renewable energy regulator Dapeep has not officially announced the number of PV deployments for 2022. Earlier, Greece's renewable energy regulator Dapeep released data showing that Greece installed 932 MW of new solar capacity in the first three quarters of 2022, excluding installations under net metering, which the country's distribution network operator will announce separately. Given the current state of the solar market, the Greek government is looking to boost the residential sector by introducing a new incentive scheme specifically targeting residential solar+storage. The government said the new scheme would be announced soon, possibly by the end of March 2023.

Under the "double carbon" goal, new energy represented by solar ushered in rapid growth under favourable policies. With the maturity of energy storage technology and the reduction of cost, the home scene has gradually grown into an important field of new energy applications. Especially in overseas markets, the economics of household energy storage has gradually become more prominent under the continuous rise of residential electricity prices, coupled with the financial subsidies of governments in various countries, further promoting its rapid popularization. From the demand side, on the one hand, the continuously rising electricity price has led to a surge in demand for household energy storage. On the other hand, the poor stability of the power supply has stimulated the demand of residents. From the perspective of the supply side, solar has formed a relatively mature system in terms of technology and application and has a high penetration rate in some overseas developed regions. With the transformation of the photovoltaic development model from subsidized and full-scale grid-connected to self-economy-driven and self-contained, the demand for supporting energy storage has gradually become prominent. Affected by factors such as the epidemic and supply chain shortages, the global new household energy storage market will still maintain a rapid growth trend in 2021. The installed capacity of newly put-into-operation electric energy storage projects is 18.3 GW, a year-on-year increase of 185%. Among them, since 2021, household energy storage in Europe and the United States has shown explosive growth at an annual rate of doubling. Relevant data show that the total new installed capacity will reach 63.4GW/202.5GWh from 2021 to 2026, of which household use can reach 4.9GW/14.3GWh. The demand side and the supply side have created market enthusiasm, and global companies are also accelerating their deployment in the field of household energy storage. JNTECH took advantage of the trend and launched a household photovoltaic energy storage integrated machine, which adopts a stacked design and integrates an energy storage inverter + energy storage battery, which can realize the flexible combination and expansion of 10-20kWh battery capacity, which can be used for family Power supply provides strong power. The products are mainly used in areas without electricity, areas with insufficient/unstable electricity, areas with high electricity prices/high peak-to-valley electricity price differences, and areas with safe power supply. The industry generally believes that this year is the first year of the energy storage market. The current growth of residential energy storage has confirmed this statement. From the perspective of residents' usage costs, household energy storage and household solar are more economical. In the past two years, the penetration rate of household solar has greatly improved. According to Infolink statistics, it is estimated that the penetration...

According to foreign media reports, the Indian Capital Territory of Delhi has recently approved the draft photovoltaic policy for 2022. According to this draft, the state hopes to have a cumulative installed capacity of photovoltaic systems of 6GW by 2025. In the photovoltaic policy released in 2016, Delhi state's goal is to reach a cumulative installed capacity of photovoltaic systems of 2GW by 2022. So far, the actual installation of photovoltaic systems in Delhi is only 20% of this goal. The draft PV policy approved by Delhi envisages tripling the capacity of installed PV systems within the next three years. Delhi Deputy Chief Minister Manish Sisodia said that by 2025, the cumulative installed 6GW of photovoltaic systems can meet the share of Delhi's electricity demand from 9% to 25%. The Delhi government will provide information on the benefits, guidelines and timelines of these PV systems in a web portal. Sisodia said: "To incentivize consumers to install and use PV systems, the Delhi government will provide various incentives such as Generation Based Incentives (GBI) and capital subsidies. For the first time, consumers will have the opportunity to install community PV systems as well as peer-to-peer trade." He said the PV policy would provide subsidies to residential and commercial consumers in Delhi. The state government will reduce carbon emissions and create 12,000 jobs through this policy. "This will make Delhi a model for sustainable clean energy transition for states and cities in India and around the world," he said. Incentives based on power generation: For residential users who install photovoltaic systems below 3kW, the incentive is 3 rupees/kWh; for residential users who install 3kW-10kW photovoltaic systems, the incentive is 2 rupees/kWh; for installations of photovoltaic systems above 500kW users, the incentive is 2 rupees/kWh. For the first time, the Delhi government will also offer commercial and industrial (C&I) consumers an incentive of Rs 1/kWh for the installation of 200MW of photovoltaic systems. Through the implementation of new policies, the Delhi government hopes to install battery energy storage systems in all renewable energy power generation facilities to provide all-weather green energy for Delhi. In 2023, Jntech will set sail on the track of photovoltaic energy storage, and household energy storage and industrial and commercial energy storage will keep pace, providing customers with integrated solutions for photovoltaic energy storage inverters and batteries. JNTECH takes a responsible approach to developing eco-friendly energy solutions, recognizing it as its duty to society, the nation, and the world.

According to Solar Power Europe, Europe's household energy storage capacity will reach 9.3GWh by the end of this year. This is the medium scenario proposed by the solar PV industry trade. In its pessimistic and optimistic scenarios, the capacity by 2026 would be 23 GWh or 44 GWh, respectively. Last year's installed capacity was about 2,294MWh, and SolarPower Europe in its medium scenario expects to develop 3.9GWh in 2022, an increase of 71%. the 2022 figure corresponds to the installation of about 420,000 panels, which would take continental Europe over the million mark. Household energy storage has become an attractive means of reducing electricity bills, especially in a year of soaring electricity costs and growing interest in energy resilience and low carbon footprints. The growth of residential solar has also benefited from various government incentives, which has set the stage for the energy storage market to take off. The energy storage add-on rate for solar has increased from 23% in 2020 to 27% in 2021. Unsurprisingly, Germany is the largest market, according to solar PV industry trade data. The German consumer is committed to matching household PV with energy storage and increasing self-sufficiency, and the government has provided incentives for this, so the German household storage market has been strong. In 2021, Germany installed 1.3 GWh of residential energy storage systems, accounting for 59% of the total 2.2 GWh installed across the continent. Italy was the second largest market with 321MWh developed, thanks in part to the Superbonus household energy storage incentive program, with Austria (132MWh), the UK (128MWh) and Switzerland (79MWh) rounding out the top five. Looking ahead, Germany will remain the dominant market, accounting for 36% of the 7.3 GWh total in 2026. Nevertheless, SolarPower Europe forecasts that Poland and Sweden will be the next large markets, with 8% and 6% market share respectively, making them the second and third largest markets at that time. At the beginning of 2022, Jntech began to expand its residential energy storage business, developing new residential PV storage all-in-one solution to provide customers with integrated PV storage inverters and lithium battery solutions. In the business of solar energy storage, Jntech does not forget the original intention, holding the corporate mission of "adding green to the world" to forge ahead, I believe that no effort is too much, Jntech New Energy will play its own value in the household photovoltaic energy storage, we look forward to it.

High temperatures and severe drought across Europe this summer are affecting hydro, nuclear and solar power generation. Europe's hydropower output in the first seven months of this year was 20% lower than in the same period last year, while nuclear output was 12% lower, according to figures from Rustad Energy, a Norwegian consultancy. Higher temperatures lead to higher evaporation and lower water levels in rivers, lakes and reservoirs, with hydropower bearing the brunt. In Italy, for example, hydropower accounts for 20% of the country's electricity production, but its output has plunged 40% in the past 12 months. Hydropower production in Spain plunged by 44%. Fabian Loningen, an energy analyst, said that while hydropower production was volatile, the 40% drop was "very extreme" and not just in some regions, but in all of Europe's big hydropower countries. Energy exporter Norway has warned that it may have to stop exporting energy to countries such as the UK if the country's reservoirs fail to recover. Some hydropower industry experts say underinvestment in hydropower infrastructure and aging transmission lines are also contributing to the decline. "We are going to have a problem this winter," said Eddie Ritchie, an expert with the International Hydropower Association. This should be a wake-up call [to us] to invest more in infrastructure in the coming years." The drought has also affected nuclear power, particularly in France. Edf has cut production at several of its nuclear plants in recent days as warmer natural waters affect the water used to cool reactors. Professor Sonia Senaviratne of ETH Zurich explained that if the water level in the river is too low and the water temperature is too high, the cooling of the reactor must be stopped, otherwise the discharged water will endanger the life in the river. The French government on Friday tasked a crisis response task force to coordinate the work of various departments to deal with the drought. "This is the worst drought on record in France," said a statement from the prime minister's office. High temperature weather is also not conducive to solar power generation, because the solar panel "afraid of sunlight", high temperature will lead to power loss of the panel, the service life is shortened. Catherine Porter, a consultant at energy consultancy Wat-Logic, said the amount of electricity produced by solar panels drops significantly when temperatures rise above 25C and "everything works worse when temperatures are high". Many users have a misunderstanding about solar power generation: they think that the stronger the sunlight and the higher the temperature, the greater the solar power generation. In fact, high temperature will not only reduce the efficiency of solar power generation, but also affect the inverter and components.solar inverters and components themselves have negative temperature effects, and high temperatures may eventually cause their performance to degrade. In the context of global ...

Vietnam is regarded as a country with great potential for renewable energy development, but this energy has not been effectively developed. The National Energy Development Strategy of Vietnam to 2030 and Outlook to 2045 proposes that renewable energy will account for 32% of total primary energy sales by 2030 and 44% by 2050.

Gold producer DRDGold has decided to build a solar power plant and an energy storage facility in Ergo in an effort to reduce its carbon footprint and address uncertainty about electricity supply and costs. The Johannesburg- and New York-listed company's board of directors has approved the first phase of capital expenditure, which includes upgrading the existing supply line at the Brakpan/Withok tailings storage facility to 88kVA, building an initial 20MW photovoltaic power plant, and 10 It is a 10MW energy storage facility. This will be an important driver in the already far-reaching environmental, social and governance (ESG) space of DRDGold.

Recently, the Brazilian government introduced new regulations to introduce a new pricing mechanism for the country's distributed photovoltaic electricity prices. In this framework, net metering tariffs will be introduced for PV systems below 5,000 kW until 2045. The new regulations are expected to take effect in 2023. According to the new regulations, until 2045, distributed photovoltaic systems with an installed capacity of less than 5,000 kilowatts in Brazil will use "net metering tariffs". Rodrigo Sauaia, executive chairman of the Brazilian Solar Energy Association, said that the new regulations strengthen Brazil's regulation of distributed photovoltaic systems and the stability of policy implementation. "In the future, distributed generation in Brazil will account for an increasing proportion of total power generation and will gradually exceed the power generation of utility-scale photovoltaic systems." It is understood that at present, the total installed capacity of photovoltaic power generation connected to the grid in Brazil is 13 million kilowatts, of which the installed capacity of distributed photovoltaics has reached 8.4 million kilowatts. The industry generally believes that the new electricity price mechanism will promote the surge of distributed photovoltaic projects in Brazil, and related companies are expected to maintain stable profits.

According to VNS News, Vietnam still faces many difficulties in the utilization of renewable energy in 2022, as the number of renewable energy that has been put into operation in recent years has taken a heavy toll on the power grid. Vietnam's Ministry of Industry and Trade will not add any wind and solar energy to its plans this year due to a lack of input facilities to feed wind and solar energy to the national grid. At the National Load Dispatching Center's 2021 review meeting on Jan. 10, deputy director Nguyễn Trọng Hưng said that total electricity generation and imports, including rooftop solar, are expected to reach 275.5 billion kWh this year, up 7.9 percent from 2021. Total hydropower production is expected to be 82.5 billion kWh, an increase of 3.8 billion kWh from 2021, Trung said. 3,407 MW of conventional power sources expected to be operational in 2022, including large thermal power plants with a capacity of 600 MW each, such as Nghi Sơn 2 and Sông Hậu 1, which will no longer have wind, farm solar and rooftop solar on the grid this year connected to the grid. Trung further stated that with the increase in the commissioning rate of renewable energy, the issue of real-time stability of the power system is still a huge challenge, adding that "the use of renewable energy in 2022 still faces many difficulties because of the increased commissioning of renewable energy in recent years. The amount of renewable energy is hitting the grid.”