Lắp đặt điện mặt trời

Thứ Ba, 31 tháng 3, 2020

Chinese developer buys back three-year senior notes issued three months ago

The board of bailed-out Singyes Solar has bought back $18.4 million worth of notes issued in Singapore in late December and also hoovered up $240,000 worth which were unclaimed in the fundraising round.

Bailed-out Chinese solar project developer and building-integrated PV manufacturer Singyes Solar has acquired more than US$18.6 million worth of senior notes issued in a US$415 million fundraising exercise in December.

The Guangdong-based company issued the notes on the Singapore stock exchange on December 19, announcing the move a day later. The fundraising exercise came after the heavily-indebted Hong Kong-listed business received a HK$1.55 billion (US$200 million) bail-out from Beijing-owned Water Development (HK) Holding Co Ltd in early November.

The Singyes board announced yesterday it had repurchased US$18.4 million of the notes and had also recovered US$240,125 of notes which were unclaimed in the fundraising exercise.

The company said it would cancel and write off the value of the US$18.6 million worth of notes and did not indicate the reason for the repurchase or whether it planned to acquire more of the issued notes, which are due to mature on December 19, 2022.

Lắp đặt điện mặt trời Khải Minh Tech
https://ift.tt/2X7bF6x
0906633505
info.khaiminhtech@gmail.com
80/39 Trần Quang Diệu, Phường 14, Quận 3
Lắp đặt điện mặt trời Khải Minh Tech
https://ift.tt/2ZH4TRU

This is your SolarWakeup for March 31st, 2020

Tracking Survey. This morning I am joining Roth Capital on a conference call with investors to discuss the results of the past two week’s tracking survey. If you’re interested in the results from this week, fill out your responses today. This takes 60 seconds and provides feedback about the market and legislators looking to see what to focus on. Link.

Trouble In Texas. Oil companies are having issues keeping their businesses afloat. This comes due to a double dilemma of Coronavirus and OPEC’s price slashing. Oil prices are down dramatically and oil companies want a bailout in the form of a major purchase by the federal government and likely more.

Setting The Stage. The problem with the bailout, a $3billion purchase adding to the strategic petroleum reserve, is that Congress needs to approve it and didn’t include it in the last stimulus bill. Much like the 2016 ITC extension which was traded for the oil embargo lifting, democrats in Congress are calling for solar to also get support alongside oil.

Op-Ed Battles. Kevin McCarthy and Newt Gingrich are trying to counter the negotiation from a position of political minority. They are claiming that industry support is being held up by radical requests for a green new deal in time of crisis. Don’t fall for this, just last week the EPA is using the pandemic as an excuse to relax environmental standards and rollback of regulations that protect the environment.

Political Reality. Now is the time to stay in touch with your member of Congress and give them the details of the issues facing your business. Tell them what an ITC extension, grant in lieu and inclusion of storage means to you as a solar professional. You want them to make solar support a non-negotiable, especially in this time of crisis, not in spite of it. I don’t doubt that oil will get their handout and more, solar is doing good work and keeping folks working.

Be Aware. CISA, a federal agency, released a memo that clearly states that solar is a critical sector. See it here.

Opinion

Los Angeles Times: California coastal gas plant slated for 2023 shutdown

Best, Yann

The post This is your SolarWakeup for March 31st, 2020 appeared first on SolarWakeup.com.

Trina announces its first shipment of 500 W modules

The Chinese manufacturer says the first products exited the factory 11 days after mass production started. The panels were launched by the company late last month.

Chinese solar panel maker Trina Solar says it has shipped its first lot of the 500 Vertex modules it launched late last month. The panels, which have a reported 500 W power output, will be supplied to an unnamed developer which is building a 10 MW solar project in Sri Lanka. The financial terms of the supply deal were not revealed by the manufacturer.

Jiangsu-based Trina had announced the start of commercial production of the module series two weeks ago. “Incorporating 210mm cells, the Vertex series modules integrate advanced three-piece, non-destructive cutting and high-density packaging technologies,” the company said in a statement.

Trina executive VP Yin Rongfang said, “Our customers worldwide have shown a strong interest in [the] 500 W-plus Vertex series modules, which are not only suitable for utility scale solar plants but also for commercial and industrial scale solar projects seeking to raise their level of efficiency.”

Last month, the Chinese manufacturer said it would begin taking orders for the modules in the second quarter. Production capacity for the panels is expected to reach 5 GW this year with output set to start in the third quarter.

Chinese competitor Risen claimed to have made the world’s first shipment of 500 W modules a fortnight ago. In December, Risen announced its new 5 GW module production base in Yiwu, in Zhejiang province, would be ready to start cranking out M12 panels from early this year. The company said it expected gigawatt-level shipment volumes this year.

Cooling down PV panels with water

France's Sunbooster has developed a technology to cool down solar modules when their ambient temperature exceeds 25 C. The solution features a set of pipes that spread a thin film of water onto the glass surface of the panels in rooftop PV systems and ground-mounted plants. The cooling systems collect the water from rainwater tanks and then recycle, filter and store it again. The company claims the technology can facilitate an annual increase in power generation of between 8% and 12%.

French PV system installer Sunbooster has developed a cooling technology for solar panels based on water. It claims its solution can ramp up the power generation of a PV installation by between 8% and 12% per year.

The solution consists of a set of pipes that can surround a rooftop PV system or ground-mounted plant. The pipes are used to spray a thin film of water onto the glass surface of the modules.

*Sunbooster’s technology uses stored rainwater to cool down PV installations.*
Image: Sunbooster

“The company had originally experimented with a water-vaporizing solution, but this produced thermal shocks for the PV system,” Sunbooster CEO Grégory Boutteau told pv magazine. “Furthermore, the drops produced by this cooling system had a negative impact on solar light absorption.”

Water flow

The company’s solution is a patented pipe with a number of very small holes, so special installation skills are required. Stored rainwater is pushed into a ramp at the edge of the panels. Water then flows onto the surface of the modules and immediately lowers the temperature.

“The materials used to build the pipes have been chosen based on their quality, reliability and durability,” Boutteau said, without providing additional details about the patented technology. “Pipes are UV-resistant and drilled with holes – their number and size are defined by our design and engineering office in respect of our patents.”

The water only spreads across the glass surface of the panels and does not touch any plastic parts, such as the backsheets or other components. “It can be considered in the same way as rain, and for this reason it does not affect the warranty of the modules,” Boutteau said.

*The Sunbooster technology can also be applied to large rooftop PV projects.*
Image: Sunbooster

The system is set in motion by a temperature sensor which triggers the water spread when ambient temperatures exceed 25 C. Although the water may have some influence on the modules’ light absorption, this is fully compensated by the increase in power yield that can be achieved by preventing temperatures from surpassing 30 C, Boutteau said.

The cooling systems collect the water from a rainwater tank. And after the water is used, it can be recycled, filtered, and stored again. “Our Sunbooster solution works in closed circuit and doesn’t need additional water,” Boutteau explained.

Cost considerations

The technology, which can be applied to PV systems and solar plants built at all kinds of tilted angles, currently costs almost €250,000/MW. But Sunbooster expects to more than halve that to between €100,000/MW and €150,000/MW within the next two years.

“We are now developing new partnerships with big players,” said Boutteau. “And this, combined with the economies of scale of large ground-mounted projects, will help us reduce our costs significantly.”

*Although the water on the modules has a slight influence on light absorption, this is fully balanced by an increase in power yield, the Sunbooster claims.*
Image: Sunbooster

So far, the technology has only been adopted in projects backed by cost-offsetting incentives. However, the company claims that it has started to sharply lower the cost structure of its systems to support unsubsidized projects in the near future.

For a 10 MW PV plant, around 25 km in pipes would be needed, which complicates logistics and installation, Boutteau said. “But the system is easy to deploy with the necessary skills,” he added.

Sunbooster currently needs to send teams out to install its systems. However, the company plans to train partners who are capable of deploying its technologies at a global level, in line with its standards. “Our partners will be referenced in our network validated by an internal certificate delivered by Sunbooster,” Boutteau said.

He added that the adoption of a similar cooling system could increase the complexities of projects and the number of possible variables. “Installing our system in Spain or Germany is not exactly the same thing,” Boutteau stated. “Furthermore, there many other water-related factors that must be taken into account, such as water vaporization rates, humidity and available water resources.”

MYSUN Solar calculator Says: Businesses in Rajasthan have a Tremendous Saving Potential!

Solar in Rajasthan

Rajasthan, one of the largest states of India is one of the most popular industrial hubs of the country. With such an affluent economy, power becomes an uncompromised necessity for businesses in the state. While most businesses depend on traditional sources of electricity to fulfill their power requirements, some enterprises are smartly switching to solar and saving millions in the process. For example :

The below textile manufacturing unit in Bhilwara, Rajasthan, which is saving approximately INR 190 Lacs every year on their power bills after going solar with MYSUN. The details of which you can check here.
The below cement packaging manufacturing unit in Chittorgarh, Rajasthan, which is saving INR 49 Lacs every year after going solar with MYSUN. The details are here.

Similar to these businesses, any business in Rajasthan can increase their financial capabilities by harnessing the abundantly available solar energy in the state. So what does it look like for your business? How much could you save? The MYSUN Solar calculator explains this, precisely.

Your Business’s Solar Potential as per the MYSUN Solar Calculator

The MYSUN Solar Calculator is an inhouse developed technologically advanced tool which helps power consumers evaluate their solar savings potential before going solar. It does so by furnishing a detailed report on the savings a business can make on power bills by going solar, the investment that the business will need to make in order to go solar, the most optimum solar system size that the business should consider to meet all its power requirements and the economics of going solar under different financing options and models of solar. Let’s check the case for Rajasthan.

Suppose you are a Prime Packaging Industry in Jaipur, Rajasthan and incur a monthly expenditure of INR 10L on your power bills which leads to an annual expenditure of INR 1.2Cr. Within ten seconds, using this input the MYSUN Solar Calculator tells you that your business can bring its power bills down from INR 10 Lacs a month to INR 3.8 Lacs a month:

That’s a savings of INR 71 Lacs every year and a lifetime savings of INR 21 Crores. Saving this capital can give your business a surplus cash flow which could be invested in more important areas of business, such as upgrading your operational technologies in the future to improve your business processes and excel in the market.

Solar systems have a lifetime of at least 25 years. Investing in it basically assures businesses of free power once they break even in 3~4 years time. This goes to show that solar is not just necessary for businesses to save money, but also to improve their profits and boost long-term growth. Therefore, run the MYSUN Solar Calculator now, check your business’s true solar potential in Rajasthan and go solar today.

To know the things that every business and industry should take care of before starting their solar journey, check out our article – 6 Things that Every Industry Should Consider Before Going Solar.

The post MYSUN Solar calculator Says: Businesses in Rajasthan have a Tremendous Saving Potential! appeared first on Rediscover the Sun with MYSUN - Solar Power Company in India.

Policy, policy, policy: BloombergNEF’s path to hydrogen uptake

A hot energy topic with little coordinated analysis, green hydrogen has finally attracted the number crunchers of BloombergNEF.

From pv magazine Australia

The main message of BloombergNEF’s new Hydrogen Economy Outlook report is “mind the policy gap.”

Hydrogen could absolutely become the clean-burning, zero-carbon molecule to replace fossil fuels in hard-to-abate sectors of the economy, and has the potential to erase one-third of today’s global emissions from fossil fuels and industry if it is deployed for steelmaking, while also providing dispatchable energy, producing ammonia, and powering trucks.

Meeting the related 24% of energy demand with green hydrogen by 2050 would require massive amounts of additional renewable generation. To power the electrolyzers, some 31,320 TWh of electricity will be needed, which is “more than is currently produced worldwide from all sources,” says BloombergNEF.

And because this has to be added to the projected needs of the power sector — for which renewable generation will also need to expand — “total renewable energy generation excluding hydro need to top 60,000 TWh, compared to under 3,000 TWh today,” it estimates.

Opportunity knocks for solar generation, you might say, but consider that transporting and storing hydrogen at scale will require enormous investment in infrastructure – an estimated $637 billion throughout the world to 2050. And driving demand for green hydrogen will require $150 billion of cumulative subsidies by 2030.

“Clients over the past two years have increasingly been asking us about hydrogen,” says Kobad Bhavnagri, BloombergNEF’s global head of special projects. Here’s a nutshell view of the *Hydrogen Economy Outlook*.

Hydrogen writ large

BloombergNEF is talking big because demand for green hydrogen needs to become great enough to drive down production and storage costs. Bhavnagri says there are no viable small-scale stepping-stone applications for hydrogen as a result, which might be why it has failed to take hold in the past, and why the hydrogen bubble may again fizzle.

“The conclusion of our work in a nutshell is that hydrogen has a high potential if policymakers get serious about reducing emissions,” Bhavnagri told pv magazine on Friday.

It comes down to whether or not countries and the collective global economy want to get to net zero. “Once you set a net-zero target and are serious about putting policies and measures in place to achieve that, then hydrogen becomes a necessary option and has to play a very substantial role,” says Bhavnagri.

But without that clarity of purpose, he tells pv magazine, there is no need for hydrogen. And BloombergNEF’s work shows that “it won’t stand up, because hydrogen is a higher-cost, less convenient fuel than fossil fuels. Its real advantage is that it can be zero emissions.”

Save on shipping

Hydrogen as an export to replace Australian coal exports? A misplaced narrative, says Bhavnagri. “Nothing gets Australians excited like the prospect of putting some raw commodity on a ship,” he argues.

In fact the economics of shipping hydrogen are fantastically bad. For a start, it’s less dense than natural gas, and its liquefaction point is lower, requiring more effort, energy and churning shipping lanes to serve distant destinations. Bhavnagri says countries with high generation costs, like Japan and Korea, would be better off producing hydrogen onshore from expensive renewable energy than they would be importing green hydrogen by sea.

But Australia can indeed be a hydrogen superpower by using homemade green hydrogen onshore and exporting value-added products – green steel, green ammonia, green glass, green cement, and green aluminum, for example.

Potential powerhouse

With Australia’s outstanding renewable energy resource and a small population – modest local demand for land and energy – it has the ability to come near the bottom of the cost curve for hydrogen production.

BloombergNEF’s analysis suggests that a delivered cost (including production, storage and transport) of green hydrogen of around $2 per kilogram could be achievable in places like China, India and Western Europe by around 2030. By 2050, most parts of the world should be able to achieve a delivered cost of hydrogen of $1/kg ($7.4/MMBtu).

“Costs could be 20-25% lower in countries with the best renewable and hydrogen storage resources, such as the US, Brazil, Australia, Scandinavia and the Middle East,” says BloombergNEF.

That’s the Australian advantage and the value in going early and going hard to capitalize on potentially low costs, to drive manufacturing of green products.

Future fallout

“If hydrogen becomes widely used globally and Australia does not restructure its exports to use it, it presents a significant risk,” says Bhavnagri. “A transition to hydrogen-based green steel internationally would decimate demand for metallurgical coal, one of Australia’s most valuable exports.”

Reality knocks for slow movers, and leaders are reminded to mind the policy gap.

The BloombergNEF study also found that a carbon price of $50 per tonne of CO2 would be needed for green hydrogen to bump coal from steel manufacture by 2050. Make that $78/tCO2 to make it the molecule of choice for manufacturing chemicals such as ammonia, and $145/tCO2 and a delivered cost of green hydrogen of $1/kg would see it powering shipping.

Bhavnagri estimates that heavy vehicles could be cheaper to run on hydrogen than diesel by 2031. But says hydrogen-powered passenger vehicles are another pipe dream, because batteries will be a cheaper solution for cars, buses and light trucks for the foreseeable future.

Infrastructure investment

Infrastructure investment, a universal carbon price, pumped-up renewable energy zones with integrated manufacturing – it all takes vision and the will to act.

Australia can’t do it alone, says Bhavnagri, even if its leaders were to show an appetite for carbon pricing and investment towards net-zero emissions. “This needs to be a global effort,” he adds, noting that the money and policy to match the broad-based enthusiasm for hydrogen are not yet on the table.

For its clients, who have been knocking down its doors for guidance on the potential for investing in hydrogen, BloombergNEF has compiled a list of seven signs that hydrogen is scaling up.

Edges of the pipeline

The costs of hydrogen may currently be high, but there are encouraging signs that they will fall. The price of Western-made alkaline electrolyzers fell 40% between 2014 and 2019, and Chinese-made systems are up to 80% cheaper than those produced in the West.

If production of electrolyzers can scale up and the cost of splitting water into its atomic parts continues to decline, BloombergNEF calculates that renewable hydrogen could be produced for $0.8 to $1.6/kg in most parts of the world before 2050. That would make it competitive with today’s natural gas prices in major markets such as China, India, Brazil and Germany on an energy-equivalent basis, and cheaper than hydrogen produced from natural gas or coal with carbon capture and storage costs included.

The subsidies required to kickstart large-scale production sound enormous, and could go as high as $150 billion, says Bhavnagri. But that’s less than half of what governments around the world currently spend on fossil-fuel subsidies. That is not a punchline.

US behind-the-meter storage forecast falls 31% on coronavirus fears

Wood Mackenzie has cut its 2020 storage outlook to 430 MW – still an increase of more than 100% over 2019 – amid concerns over the role of sales, commissioning and interconnection in a period of shelter-in-place ordinances.

From pv magazine USA

Wood Mackenzie’s predictions for a record year for behind-the-meter storage in the United States have been tamed, falling 31% due to the ongoing impact of the Covid-19 pandemic.

In the company’s most recent Energy Storage Monitor report, experts predicted that 632 MW of behind-the-meter storage would be installed in 2020, up 232% growth from 272 MW in 2019. Commercial installations were expected to account for 212 MW of the total, with the remaining 420 MW to come from residential batteries. In 2019, 133 MW of commercial batteries were installed, along with 139 MW of residential batteries.

With the 31% decrease in mind, that brings the new 2020 outlook to around 430 MW, which is still a more than 100% increase over 2019.

If decreased deployment projections weren’t somber enough news, there is also concern for projects that will get completed due to the delays they will still face. Wood Mackenzie doesn’t echo increasingly common concerns about supply chain disruptions – at least as far as batteries are concerned. It is focused more on the role of commissioning and interconnection in a period of shelter-in-place ordinances.

“This has led to project delays and additional costs which, if they continue long enough, will lead to projects missing crucial deadlines – such as ITC qualification – which could destroy project economics,” said Brett Simon, Wood Mackenzie senior research analyst. “Some developers were forward-thinking enough to build longer delivery timelines into their contracts, giving them some wiggle room given delays from the original proposed commissioning date that they expect to be able to meet. However, we expect these problems to exacerbate as permitting agencies begin to pull back personnel and further government mandates limit individual movement and travel.”

This forecast contradicts the concerns of Texas behind-the-meter solar and storage installer Bret Biggart. Biggart, one of the “forward-thinking” developers to prepare for potential shortages, says that he has enough product in-house to operate as-is for another two months.

As for shelter-in-place ordinances, Biggart is dealing with that on a municipal level, as the four main markets he operates in – Houston, Dallas, Austin and San Antonio – all have instituted policies beyond that of the state.

“Shelter-in-place ordinances generally have a carveout for businesses that provide critical infrastructure support,” Biggart shared. “We consider ourselves to be a critical grid infrastructure provider.”

Wood Mackenzie shares that “most North American storage developers source batteries from Asian manufacturers, which are ramping back up as coronavirus impacts abate in manufacturing hubs.” The company does also note, however, that there is uncertainty around the supply of components manufactured in North America and that “a delay of even a few days for product delivery can cause reverberations.”

The report also mentions the challenges of selling batteries and reaching customers during a pandemic – a well-documented issue.