• Increase by 1GW! Turkey plans to increase solar installed capacity in 2022
    Nov 04, 2021 Increase by 1GW! Turkey plans to increase solar installed capacity in 2022
    According to local daily newspaper Yeni Shafak, Turkey will increase the share of renewable energy in energy production starting from 2022 The report added that the highest capacity growth in 2022 is expected to occur in the field of solar production, which is about 1,000MW (1GW). The 2023 strategic plan of the Ministry of Energy and Natural Resources aims to increase the proportion of renewable energy in total electricity production capacity from 59% to 65%. In Turkey's total installed capacity of 100,000 MW, renewable energy has reached 54,000 MW. Recently, Turkey reached the 10GW wind energy milestone. Cem Ozkok, chairman of the GUYAD Renewable Energy Investors Association, said that Turkey is extremely rich in natural resources, domestic resources, and renewable resources, such as wind, solar, hydro and geothermal. Ozkok emphasized that "Turkey wants to meet half of our electricity demand through renewable energy, and the ratio of our installed capacity to existing capacity must be at least 70%. This means about 35% of non-HEPP renewable energy. In other words. In other words, the goal should be to put into operation at least 5GW of renewable energy every year." He added that the system infrastructure should be reviewed to increase Turkey's renewable energy capacity. Ozkok said that because these projects require a large amount of capital, foreign investors should participate in Turkey's renewable energy transformation process. In addition, he emphasized that necessary measures and favorable legislation should be taken to promote the use of renewable energy in Turkey. He hopes that the Glasgow Climate Summit to be held from November 1 to 12 will make effective and binding decisions. Although the goal is to maintain a temperature rise of 1.5 degrees within a century, according to current policies, the global temperature rise will reach 2.7 degrees. "In order to limit the temperature rise to 1.5 degrees Celsius and reduce greenhouse gas emissions by 55% by 2030, countries need to increase their current plans by 7 times."
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  • Japan: The proportion of renewable energy will increase to 36%~38% by 2030!
    Nov 03, 2021 Japan: The proportion of renewable energy will increase to 36%~38% by 2030!
    The Japanese cabinet approved the national goal of increasing the proportion of renewable energy power generation in the power mix to 36% to 38% by 2030. The Natural Resources and Energy Advisory Committee of the Japanese Government launched its deliberation in October 2020. On Friday, the cabinet formally approved the sixth edition of the energy strategy plan. The core content of this plan is to set a path for achieving carbon neutrality (in line with the government's policy goals) by 2050, and to ensure a stable energy supply at the lowest possible cost. The energy strategic plan is regularly formulated, and the fourth and fifth editions were promulgated in 2014 and 2018, respectively. In the Japanese fiscal year 2019 (JFY2019), about 18% of Japan's electricity comes from renewable energy sources. The focus of increasing this proportion lies in solar energy, onshore wind power and offshore wind power. The previously established target raises the proportion of renewable energy in the power structure to 22%-24%. According to official statistics compiled by the Non-profit Renewable Energy Research Institute of Japan, by the end of fiscal year 2020, there will be 48GW of solar photovoltaic projects in operation above 10kW, and 19GW of projects under development. There are 7.7GW of solar photovoltaic systems in operation under 10kW, and 0.2GW of projects under development.
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  • National Day holiday notice
    Sep 30, 2021 National Day holiday notice
    Dear all : We will begin our  National Day holiday total 7 days(1st-7th,Oct) During the holidays, we will continue to provide services when you need it. If you need any help on business, you can contact us at any time. Regards
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  • Vision Blueprint of the US Department of Energy: PV installed capacity will reach 1600GW in 2035 and 3000GW in 2050
    Sep 16, 2021 Vision Blueprint of the US Department of Energy: PV installed capacity will reach 1600GW in 2035 and 3000GW in 2050
    On September 8, the US Department of Energy released a research report on solar energy. The research report outlines how solar energy can help decarbonize the US grid and help achieve the government's goal of net zero emissions from the power sector by 2035. Research shows that by 2035, solar energy has the potential to supply 40% of the electricity in the United States and provide nearly 1.5 million jobs without causing electricity bills to rise. The report calls for a substantial increase in the installed capacity of photovoltaic power generation. According to the vision blueprint of the US Department of Energy, the country’s photovoltaic power generation needs to rise from 76GW in 2020 (about 3% of the national power supply) to 1600GW in 2035, and reach 3000GW in 2050. . Last month, the Ministry of the Interior announced that it would start a process to ensure easier access to vast federal land for solar and wind energy, and to address the greedy demand for land in the renewable energy industry. According to research firm Rystad Energy, the US's goal of achieving decarbonization in the power sector by 2035 requires that the solar energy industry alone requires a larger area than the Netherlands. More than 700 companies sent a letter to Congress seeking long-term extension of tax incentives for solar investment, which will "alleviate project financing challenges." Last month, the latest report released by Ember, an independent think tank concerned with climate issues, stated that the EU's solar supply in June and July reached a record high, accounting for 10% of the region's total power generation. Judging from the 2020 report, China's wind and solar power supply last year accounted for 9.8% of total electricity consumption. China is the only G20 country that has seen a significant increase in coal power generation in 2020.
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  • Sri Lanka plans to achieve 70% renewable energy power generation by 2030
    Sep 16, 2021 Sri Lanka plans to achieve 70% renewable energy power generation by 2030
    Sri Lanka's "Daily Financial Times" reported on September 1 that this week the Sri Lankan cabinet approved the proposal of Energy Minister Gammanpila, calling on local and foreign investors to invest in more than 50 megawatts of solar and wind energy projects in Sri Lanka. According to the statement of the Sri Lankan government, in order to achieve the goal of 70% renewable energy power generation by 2030, it is necessary to add 4,800 megawatts to the existing 458 megawatts of solar power generation capacity, and at the same time, to add 3,500 megawatts to the existing 248 megawatts of wind power capacity. watt. According to data from the Ceylon Electric Power Commission, Sri Lanka’s current total installed power generation capacity is approximately 4,265 MW, including 900 MW of coal power, 1,268 MW of oil-fired thermal power, 1,383 MW of hydropower, wind power, small hydropower, biomass and solar power. Unconventional renewable energy such as power plants is 714 MW.
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  • India's photovoltaic industry may usher in a window of tariff policy.
    Aug 25, 2021 India's photovoltaic industry may usher in a window of tariff policy.
    For a long time, India has imported most of the solar cells and modules from China. In order to support the local manufacturing industry, reduce dependence on imported products, and increase the competitiveness of its domestic modules, in July 2020, the Ministry of Finance of India issued a notice to impose a safeguard duty (SGD) on imported solar cells and modules from July 2020. From January 30 to January 29, 2021, a safeguard duty of 14.9% will be imposed on all solar cells and modules imported from China, Thailand and Vietnam, and 14.5% will be imposed on the above-mentioned imported goods from January 30, 2021 to July 29, 2021. Guarantee tax. At present, the SGD policy has expired on July 29, 2021, and the new basic tariff on solar modules, BCD-40% tariff on photovoltaic modules and 25% tariff on photovoltaic cells, will be implemented on April 1, 2022. Means that Chinese photovoltaic modules in the Indian market will usher in an eight-month tax holiday. At present, the Indian government has not yet made a statement on whether to extend the SGD tariff policy. The project developer hopes to cancel the safeguard tariff to speed up the project construction and grid connection Currently, the cost of solar modules in India accounts for more than 50% of the total project cost. According to Crisil Ratings, since March 2020, 12 GW projects have been bidding at a low price of less than Rs 2.50 per unit. Project developers usually purchase related components 9 to 12 months after being auctioned. As these projects approach the component procurement stage, prices have risen sharply. When the purchase price is much higher than the bid expected price, the project’s rate of return will drop, which may lead to certain Some projects are postponed or abandoned. It is reported that the price of modules has soared to US$0.24 per watt in June, a 10% increase since January. Indian solar developers said that due to rising prices, the progress of project construction has slowed down. An executive member of the Rajasthan Solar Energy Association said: “Due to the 30%-40% increase in module prices, many projects are progressing slowly. The projects are tendered to maintain a certain profit, but when the module prices rise by 40%, the project benefits The rate has been negligible. I hope that the cancellation of the guarantee tax will speed up the process of project construction and grid connection." Indian manufacturers want local government to formulate temporary tariff measures Unlike project developers, Indian solar manufacturers want the government to introduce a temporary tariff before the BCD policy takes effect. Many people believe that without this protective measure, it will be difficult for local manufacturers to have greater room for development. At present, more than 80% of India's solar modules are imported from China, and its domestically produced modules are at a disadvantage in competition due to higher prices. Bharat Bhut, co-founder and director of ...
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  • Upgrade! The United States intends to initiate an anti-circumvention investigation on solar cell modules imported from
    Aug 25, 2021 Upgrade! The United States intends to initiate an anti-circumvention investigation on solar cell modules imported from "Vietnam,Malaysia,Thailand" and packaged with Chinese silicon wafers
    According to sources from the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, on August 16, 2021 local time, a US solar manufacturer submitted an application to the US Department of Commerce (DOC), requesting that certain manufacturers use silicon wafers produced in China and other upstream Crystalline Silicon Photovoltaic Cells and modules (Whether or Not Partially or Fully Assembled Into Other Products) whose components were assembled in Vietnam, Thailand and Malaysia and exported to the United States respectively initiated anti-circumvention investigations. On November 8, 2011, the United States initiated an anti-dumping and countervailing investigation on certain photovoltaic products of our country. On October 10, 2012, the US Department of Commerce issued a final ruling, imposing anti-dumping duties of 18.32%-249.96% and countervailing duties of 14.78%-15.97% on Chinese companies involved in the case.
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  • The national carbon market transaction price starts today
    May 07, 2021 The national carbon market transaction price starts today
    At 9:15 am on July 16, the national carbon market was officially launched for online trading. The launch ceremony of the national carbon market was held simultaneously in Beijing, Shanghai and Wuhan. The national carbon market adopts the "two-city model", setting up the trading center in Shanghai and setting up the carbon allowance registration center in Wuhan At 9:30 in the morning, the national carbon emission rights trading was officially launched on the Shanghai Environment and Energy Exchange, and the opening price of the national carbon trading was 48 yuan/ton. At 9:30, the first national carbon transaction has been successfully matched, with a price of 52.78 yuan per ton, a total of 160,000 tons of transactions and a transaction volume of 7.9 million yuan. Ten companies including Shenergy Group, China Resources Power, China Huadian Group, China Petroleum and Chemical Corporation, National Energy Group, State Power Investment Group, China Huaneng Group, China National Petroleum Corporation, China Datang Group, and Zhejiang Energy Group have become national carbon trading companies. The first batch of transaction enterprises in the market. The power generation industry became the first industry to be included in the national carbon market, with more than 2,000 key emission units included. According to calculations by the Ministry of Ecology and Environment, the carbon emissions of companies covered by the first batch of carbon markets exceed 4 billion tons of carbon dioxide, which means that my country's carbon market will become the largest market covering greenhouse gas emissions in the world, and will become an important step in global climate action. Huang Runqiu, Minister of the Ministry of Ecology and Environment, stated that the national carbon market is a major institutional innovation that uses market mechanisms to control and reduce company emissions and promote green development. In the first industrial cycle of the national carbon market, there were 2,162 key open units in my country's power generation industry, covering approximately 4.5 billion tons of carbon dioxide emissions. It is understood that the construction of my country's carbon market started from local pilot projects, and local pilot projects of carbon emission trading have been carried out in seven provinces (cities) of Beijing, Tianjin, Shanghai, Chongqing, Hubei, Guangdong, and Shenzhen. By June 2021, the pilot provinces and cities' carbon market has accumulated a total quota transaction volume of 480 million tons of carbon dioxide equivalent, with a transaction volume of approximately 11.4 billion yuan.
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  • Global electricity demand is expected to increase by 5% in 2021, renewable energy meets nearly half of the increase in demand
    May 07, 2021 Global electricity demand is expected to increase by 5% in 2021, renewable energy meets nearly half of the increase in demand
    According to the latest electricity report issued by the International Energy Agency (IEA), global electricity demand will rebound strongly in 2021 and 2022. After falling by about 1% in 2020, global electricity demand is expected to increase by nearly 5% and 4% in 2021 and 2022, respectively. Most of this growth will occur in the Asia-Pacific region. More than half of the global growth in 2022 will occur in China, the world's largest electricity consumer. India is the third largest consumer and will account for 9% of global growth. From 2021 to 2022, renewable energy power generation will continue to grow strongly, but it will not be able to keep up with the growing demand. After a 7% increase in renewable energy power generation in 2020, it is expected to increase by 8% and 6% in 2021 and 2022, respectively. Despite the rapid growth, renewable energy is expected to only meet about half of the growth in electricity demand in 2021 and 2022. Nuclear power generation will increase by approximately 1% and 2% in 2021 and 2022, respectively. Fossil fuel power generation will meet 45% and 40% of the additional demand in 2021 and 2022, respectively. After a 4.6% drop in coal-fired power generation in 2020, it will increase by nearly 5% by 2021 to exceed pre-pandemic levels. By 2022, it will grow by a further 3% and may hit a record high. After a 2% drop in gas-fired power generation in 2020, it is expected to increase by 1% in 2021 and close to 2% in 2022. Natural gas growth lags behind coal because it plays a smaller role in the fast-growing Asia-Pacific region, and it also faces increasing competition from renewable energy sources from the United States and Europe. Carbon dioxide emissions from the power sector will increase in 2021 and 2022. After falling by 1% and 3.5% in 2019 and 2020, respectively, the power sector’s carbon dioxide emissions are expected to increase by 3.5% and 2.5% in 2021 and 2022, respectively, which will bring them to the highest levels in history. The decline in global power generation emission intensity will slow from more than 3% in 2020 to about 1% in 2021 and 2022. IEA believes that stronger policy actions are needed to achieve climate goals. In the IEA to 2050 net-zero emission scenario, nearly three-quarters of the emissions reductions between 2020 and 2025 will be in the power sector, where emissions will drop by an average of 4.4% per year. To achieve this decline, coal-fired power generation needs to be reduced by more than 6% per year, partly replaced by natural gas, which is growing at a rate of about 5% per year. . Wholesale electricity prices have rebounded. The International Energy Agency's wholesale electricity market price index, which tracks price trends in major advanced economies, shows that prices in the first half of 2021 have increased by 54% over the same period in 2020. This is a 25% drop in average prices for the entire year of 2020. The reason for these large fluctuations is that the Covid-19 crisis ...
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