Industrial News
  • 11Nov
    The cost of raw materials and transportation has soared. In 2022, more than half of the world's photovoltaic projects are facing delays and cancellation risks

    Industry consulting agency Resta Energy recently released the latest report that due to the soaring cost of raw materials and transportation, it is estimated that more than half of the world's photovoltaic projects will face the risk of delay or even cancellation in 2022. The report pointed out that due to supply chain pressure and rising raw material prices, of the approximately 90 million kilowatts of utility-scale photovoltaic projects planned to be installed in the world in 2022, the construction of about 50 million kilowatts may be hindered. According to data from the market research firm Esson Huamai, since October 2020, polysilicon prices have risen by more than 200%. In addition, affected by the continuous increase in the cost of raw materials including silver, copper, aluminum and glass, as of the second half of this year, the manufacturing cost of photovoltaic modules has risen by nearly 50% year-on-year, reaching the highest level since 2017. In addition, tight supply chains and rising shipping costs will continue to push up the prices of various raw materials. According to a report by Resta Energy, since the outbreak of the new crown pneumonia epidemic, shipping costs have risen by nearly 500%, and the cost of driving photovoltaic raw materials has also risen. The report pointed out that photovoltaic modules and their related transportation costs usually account for 1/4 to 1/3 of the total capital expenditure of the project. When the cost of modules and transportation increases, it will significantly affect the revenue of photovoltaic projects. Resta Energy compared last year’s transportation costs with current costs and found that the rise in various costs has increased the cost of photovoltaic power by 10%-15%. For most projects planned for 2022, this increase is Has already posed a major challenge. Industry media "Photovoltaic Magazine" quoted Kyungrak Kwon, director of renewable energy projects, a non-governmental organization, as saying that the delay or interruption of the supply chain of photovoltaic raw materials will last at least until the second quarter of next year. If the problem of insufficient supply of raw materials is not resolved, then photovoltaic modules The price may not drop in two years. David Dixon, senior renewable energy analyst at Resta Energy, said: “The photovoltaic industry is facing one of the most severe challenges. It is expected that the current industry bottleneck will not be alleviated in the next 12 months. Offtakers will have to decide whether to reduce profits, postpone the project or increase the offtake price to complete the project." However, it is worth noting that industry analysts believe that although polysilicon production capacity has declined or even stagnated globally, China’s polysilicon production capacity has continued to expand, increasing from 91,000 tons at the end of 2010 to nearly 500,000 tons in 2020. . The industry generally believes that, at present, China's photovoltaic ind...

  • 11Nov
    Kazakhstan: plans to build 5GW renewable energy projects in phases within the next 10 years

    According to the news released on the official website of the Prime Minister's Office of Kazakhstan on November 9, Prime Minister Ma Ming of Kazakhstan presided over a meeting of the Investment Headquarters on the same day to study the progress of investment projects in the fields of renewable energy and health care. The Minister of Energy of Kazakhstan Mirzagaliev and the President of Samruk Kazena State Wealth Fund Company Satkalyev respectively made work reports. According to reports, since 2014, Kazakhstan has attracted a total of 780 billion tenge of investment in the renewable energy sector. Among them, 150 billion tenge will be introduced from January to September 2021. A total of 126 renewable energy power stations have been built and put into operation, with a total installed capacity of 1975 MW, and more than 2,000 fixed jobs have been created. Solar power generation accounts for 41% of renewable energy power generation, followed by wind power generation (35%) and small hydropower (23.8%). It is planned to increase the proportion of renewable energy power generation from the current 3% to 15% by 2030. To achieve this goal, it is necessary to build new renewable energy projects with a total installed capacity of 7 gigawatts, attracting a total of 3 trillion tenge of investment. At present, the Kazakh government has reached an agreement with Abu Dhabi Holding Company (ADQ) in the UAE and Total Energies of France (Total Energies), and plans to build a renewable energy project with a total installed capacity of 5 gigawatts in Kazakhstan in stages over the next 10 years. The implementation of the aforementioned cooperative projects can reduce greenhouse gas emissions by 8 million tons, add 20 billion kilowatt-hours of green energy power generation, and create 3,000 jobs. In order to create favorable investment conditions, in the future, based on the settlement and financing center of the State Grid Corporation of Kazakhstan, in accordance with the "single window" principle, it will be responsible for the signing of power purchase contracts between renewable energy producers and consumers, while simplifying arbitration procedures and maintaining investment Interests. The Minister of Health of Kazakhstan Alexei Cui reported on the implementation of the medical and health infrastructure investment projects. It is planned to build 20 multifunctional general hospitals and 2 multidisciplinary general outpatient hospitals by 2025. Representatives of investment companies, local governments and central state agencies respectively reported on The progress of the construction of hospitals in Da, Kokshetau, Pavlodar, Taraz, Almaty and other places. Ma Ming asked to ensure the timely and high-quality implementation of investment projects in the renewable energy and medical and health sectors, and required all government departments, local governments and quasi-state departments to continue to carry out systematic work on attracting capital.

  • 04Nov
    Denmark returns without success in third round of renewable energy tenders

    The Danish Energy Agency announced yesterday that in the technology-neutral tender launched at the end of June, the deployment of large-scale power plants based on solar photovoltaic, onshore and offshore wind, wave energy and hydropower has not received any bids. The agency said it is preparing to hold talks with the renewable energy industry to analyze the reasons for the disappointing bidding results and assess whether more such bids should be held from next year. The agency said in a statement, "The analysis will include previous bidding experience and will provide the overall status of Denmark's unsubsidized renewable energy projects. We can also see the overall situation of the expected growth of renewable energy by 2024. ." A spokesperson for the agency told Photovoltaics, “As part of the Danish climate agreement that began in 2020, we have reserved funds for the technology-neutral tender for 2022-2024. However, as the climate agreement Reached, the parties also agreed to analyze the need for technology-neutral bidding after 2021. "The national budget for renewable energy auctions from 2020 to 2024 is 4.2 billion Danish kroner (US$655 million). The agency has allocated 1.2 billion Danish kroner (US$187 million) for procurement activities, which is considered sufficient to allocate approximately 429 MW of installed renewable energy capacity. The selected projects will be eligible for a 20-year long-term protective electricity price discount linked to wholesale electricity prices. In the first round of such auctions held in 2018, 20-year power purchase agreements were awarded to three solar power plants with a total installed capacity of 104 MW and three wind facilities with a total capacity of 165 MW. The Danish Energy Agency received a total of 17 bids in this round of procurement, including a total of 280 MW of solar energy and 260 MW of wind energy. The weighted average electricity price of the winning project is DKK 0.0227 (US$0.0035) per kWh. In the second round of tenders held in 2019, the agency allocated 252 MW of clean energy power generation capacity, of which 83 MW is solar and 93 MW is a solar-wind hybrid facility, which contains 34.1 MW of photovoltaic power generation. The weighted average price for this round, that is, the premium paid for the electricity generated by the project on the basis of the spot market price is 0.0154 Danish kroner ($0.0024) per kWh. Currently, there are several unsubsidized solar projects under development in this Scandinavian country. BetterEnergy has built a 50 MW solar project in Denmark under a long-term power purchase agreement to provide electricity to the Apple data center in Viborg. In addition, Danish clothing company Bestseller announced in 2019 that it will cooperate with independent power generator BetterEnergy to build a 125 MW solar facility as a source of power for its operations. There are other unsubsidized solar installations under development in this Scandinavian country, includin...

  • 02Nov
    India: January-September 8.811GW of photovoltaic installed capacity increased by 280% year-on-year

    From January to September, India added 8,811 megawatts of solar installed capacity and 1,246 megawatts of wind power installed capacity, an increase of 280% and 101% year-on-year respectively. In other words, in the first three quarters of 2021, India's cumulative new solar and wind power installed capacity exceeded 10 GW. The main reason for the significant increase was the delay in related projects caused by the epidemic last year. In terms of cumulative installed capacity, according to data released by the Ministry of New Energy and Renewable Energy (MNRE), as of September 2021, India’s installed capacity of renewable energy reached 101.53 GW. The share of solar energy in the entire renewable energy sector is about 46%, making it the main contributor, followed by wind energy (39%), bioenergy (10%) and small hydropower (5%). The states of Rajasthan, Gujarat, Uttar Pradesh, and Maharashtra increased a lot of solar capacity during this period, accounting for 68.53% of all solar installations. In the field of wind energy, Gujarat, Tamil Nadu and Karnataka account for approximately 98.66% of India’s total wind power installed capacity In the field of rooftop solar energy, approximately 2,068 MW of new capacity will be added from January to September 2021, which is 134% higher than the 883 MW of newly added capacity in the same period last year. Among them, Gujarat State had the largest increase, adding 531 megawatts, accounting for nearly 26% of the total roof installations during the period. In addition to Gujarat, Maharashtra (501 MW), Haryana (217 MW) and Uttarakhand (181 MW) are also states with larger rooftop solar installed capacity.

  • 28Oct
    Australia accelerates the process of renewable energy: 1/4 of the roofs have solar panels installed

    The Australian power grid is rapidly turning to renewable energy. According to the latest forecast of the Australian government, by 2030, the increase in household solar power generation will make the proportion of renewable energy in the main grid power generation jump from 23% in 2019 to 69%. This forecast is 14 percentage points higher than the forecast a year ago. Australia is the world's second largest coal exporter, but it has also quietly become a renewable energy power plant. Here, solar panels are installed on the roofs of a quarter of the houses, which is higher than any other major economy and much higher than the global average. The Australian Department of Industry, Science, Energy and Resources stated in a report that, driven by rooftop solar, the penetration rate of renewable energy power generation is higher. The low installation cost and abundant sunlight have made Australia a leader in rooftop solar panels in the world. The department said that by 2030, coal power generation will fall to 11% of total installed capacity, down from 35% in 2019. Small solar will jump from 13% to 30%, and wind energy will jump from 10% to 17%. Therefore, electricity emissions in 2030 will be reduced by 21% compared to last year's forecast. It is reported that Australia’s total emissions in 2030 are expected to be 439 million tons, which is lower than 478 million tons last year and 624 million tons in 2005. The government led by Prime Minister Scott Morrison of Australia has faced doubts about its methods and including the reductions that are promoted by the land-use sector. Morrison pledged on Tuesday to achieve a goal of zero net emissions by 2050, but some criticized him for not setting more ambitious targets for 2030.

  • 26Oct
    40 cities in Serbia have applied to participate in the purchase of solar panels

    The Serbian government website reported on October 18 that Serbia’s Deputy Prime Minister and Minister of Energy and Mines Zorana Mikhailovich stated that Serbia has enough electricity and natural gas to supply citizens, and the country will make every effort to ensure energy. Stability in response to the current world energy crisis. Mi said that regarding energy prices, especially natural gas prices, new long-term contracts are currently being negotiated. Serbia State Electricity Company EPS and Serbia Natural Gas Company Srbijagas will discuss prices with each company. She predicts that the price will not be low. Mi said that the current energy crisis is caused by the acceleration of economic growth and strong energy demand after the epidemic, and Seychelles must be prepared to deal with it. Since the spring of this year, natural gas prices have started to rise, and electricity prices have risen accordingly. State-owned enterprises must be more efficient, and their obligation is to ensure energy stability. According to her, the important thing now is to monitor prices and provide enough energy. When the crisis is over, look at where the problem is and who is responsible. Mi announced that today in Dimitrovgrad, she will hand over the first contract in the energy recovery plan, which will help citizens reduce their expenditures and allow the country to reduce energy consumption. Approximately 40 cities have applied to participate in the purchase of solar panels. She said that if we persevere and continue to invest, within three years, we can reduce electricity and heat losses by about 20% in this way.

  • 21Oct
    UAE intends to invest 163 billion US dollars to develop renewable energy

    Recently, the UAE, as one of the world's major oil producing countries, has once again accelerated the pace of its transition to clean energy. The country announced that it will increase investment in the field of renewable energy. By 2050, it will invest at least AED 600 billion (approximately US$163 billion) in the field of renewable energy and will achieve net zero emissions of greenhouse gases. It is understood that the UAE is currently one of the top ten oil producers in the world, and this commitment makes the UAE the first OPEC member to commit to net zero emissions. Promote the development of renewable energy Based on multiple foreign media reports, the Prime Minister of the UAE, Mohammedbin Rashid Al Maktoum, stated that the UAE hopes to become the first economy in the Gulf region to commit to full decarbonization. "We will seize this opportunity to consolidate our leadership on climate change issues in the Gulf region, and use this key economic opportunity to promote development, growth, and job creation. In the future, our economy and country will be fully transformed. Net zero emissions." Later, he also stated on social media: "The future national development model of the UAE will take into account the zero-carbon goal, and all institutions and enterprises will cooperate to achieve this goal." According to official statistics from the UAE government, in the past 15 years, the UAE has invested a total of 40 billion US dollars in clean energy, and has cooperated in the construction of various clean energy projects in 70 countries around the world. It is understood that at present, the development of clean energy in the UAE is concentrated in photovoltaic and nuclear power. The Zafra photovoltaic power plant in Abu Dhabi is currently the world’s largest single photovoltaic power plant with a total planned installed capacity of 2 million kilowatts. The construction is led by Abu Dhabi National Energy Corporation and Masdar, and the Chinese company Jinko and EDF The company is also involved and is expected to be officially put into use next year. In addition, the UAE’s first nuclear power plant, Barakah Nuclear Power Plant Unit 2, was officially connected to the grid this year. According to the UAE’s previous plan, the nuclear power project is expected to provide the UAE with at least 14 million kilowatts of electricity by 2030. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Special Envoy for Climate Change, revealed: “The UAE will take the path of net zero emissions as a way to create economic value, improve industrial competitiveness and increase investment.” It is also understood that the UAE is currently actively bidding for the 28th United Nations Climate Change Conference, hoping to take this opportunity to further enhance its influence in addressing climate change. Oil and gas will still occupy a place However, the UAE’s net zero emissions plan does not mean that fossil fuels are no longer used. It is worth no...

  • 19Oct
    Germany will reduce the renewable energy tax to 0.0372 Euro/kWh

    Due to rising spot prices, Bundesnetzagentur, the German Federal Network Agency, has reduced the renewable energy tax or the so-called EEG tax paid by consumers for electricity bills in 2022 to a ten-year low of 0.0372 euros/kWh. Bundesnetzagentur said on Friday that the tax to be paid next year is nearly 43% lower than the tax in 2021, and the tax is capped at 0.065 euros per kilowatt hour. In 2012, the tax was once below the threshold of 0.04 Euro per kWh, when it was 0.0359 Euro. This reduction is not surprising, because rising spot prices for electricity have reduced the need for renewable energy subsidies. The price cut is also aimed at partially curbing the impact of price increases. The EEG tax is designed to support the expansion of renewable energy in Germany and to make up for the difference between the market price and the market premium paid to power producers. The reduced funds will come from the introduction of carbon prices. The total EEG tax and federal subsidies next year will reach 20.1 billion euros, covering the difference between the country's transmission system operators' fees for renewable energy (33.7 billion euros) and the expected electricity exchange revenue of 13.6 billion euros. According to operators, the installed capacity of renewable energy in Germany will reach 8.2 GW in 2022, mainly driven by solar energy, while green power generation is expected to grow by nearly 5% to 239 TWh.

  • 14Oct
    Kazakhstan: plans to double the share of renewable energy power generation by 2023

    According to the news released on the official website of the Prime Minister of Kazakhstan on October 9, Prime Minister Ma Ming of Kazakhstan hosted a video conference of the Council for the Improvement of Investment Environment on the same day to study the development of renewable energy and the transition to a "low-carbon economy". Representatives of the United States Chamber of Commerce in Kazakhstan, the Eurasian Department of the OECD Global Relations Secretariat, the ambassadors of the United Kingdom, the European Union, the Netherlands and other countries to Kazakhstan, and General Electric (GE), Total Energies, Orano (formerly Areva) , Eurasia Group (Eurasia Group) and other large companies attended the meeting. The meeting discussed the development of a "low-carbon economy", addressing climate change, adopting the best available technologies, attracting investment in renewable energy, and developing precision agriculture and other "green economy" issues. Ma Ming pointed out that Kazakhstan will step up its efforts to fulfill its obligations in response to global climate change, and is committed to improving economic stability and low carbon. In order to implement the "Paris Agreement", the Kazakh government has set a goal of reducing greenhouse gas emissions by 15% by 2030. In order to achieve this goal, Kazakhstan proposed a new National Determining Contribution (NDC) target and formulated the "Roadmap 2022-2025" accordingly. In order to achieve the goal of achieving "carbon neutrality" by 2060 proposed by President Tokayev at the United Nations Climate Ambition Summit in December 2022, the Kazakh government is taking concrete measures, including the formulation of the "carbon neutrality" target by 2060. Policy Statement" and will be released at the United Nations Climate Change Conference in Glasgow in November this year. The "Policy Statement" contains measures to improve economic energy efficiency, achieve electrification and large-scale use of renewable energy. The Kazakh government plans to double the proportion of renewable energy power generation by 2023 to 6%, which is much earlier than the previously planned achievement of this goal in 2025. Ma Ming emphasized that the Kazakh government has taken a series of constructive measures to improve the investment environment, attract foreign capital and advanced technology, and promote the development of the alternative energy industry. In 2020, a total of 600 MW of renewable energy projects with a total installed capacity of 600 MW have been put into operation, with a total investment of more than US$510 million. In the next four years, more than 60 new renewable energy projects are planned to be put into operation, with a total installed capacity of 2,400 MW and a total investment of more than 2.5 billion US dollars. Up to now, Kazakhstan has 124 renewable energy projects with a total installed capacity of 1922 MW, including 31 wind power plants, 48 photovoltaic power plants, 40 hydr...

  • 13Oct
    Indonesia: plans to add 4.7GW of installed solar capacity by 2030

    Indonesia’s goal is to add 4.7 GW of solar capacity by 2030 under its new power procurement plan (RUPTL), which will increase the contribution of renewable energy to the portfolio. From 2021 to 2030, the RUPTL plan aims to achieve a 51.6% share of renewable energy in new capacity. There are no new coal plans other than the coal that has been committed or is under construction (about 14 GW). According to RUPTL, 40.6 GW of new capacity will be installed in the next ten years. Due to the limited investment capacity of the national public utility PLN, Indonesia plans to allow independent power producers (IPP) to participate more. By 2030, the planned increase in the share of renewable energy in the national structure may reach 25%. At the end of 2020, this proportion was 14%, and the country’s goal is to reach 23% by 2025. "As the cost of building solar power systems is getting lower and the construction time faster and faster, in order to achieve the goal of 23% of renewable energy by 2025, the share of solar power systems will be higher than the RUPTL plan. In addition. , The overall renewable energy target can also be achieved by co-firing biomass in coal-fired power plants, while giving proper consideration to the environment when providing raw materials. The power plan also envisages greater interconnection between Indonesian islands, de-diesel plans and other measures.

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