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Soltec, a leading company in the manufacture and supply of single-axis solar trackers, forecasts the sale of 3 GW for utility-scale solar plants this year that will close 2019 with a record of almost 10 GW and a turnover of some US$400m.

Since its foundation in 2004, this Spanish entity has significantly grown its sales year after year. Soltec invoiced almost US$200m in 2018, an amount that is expected to double in 2019, representing a growth of 121%.

Soltec has more than one hundred projects worldwide and is market leader in Brazil, Peru and Colombia. It is also continuing to consolidate its position in the solar power market with revolutionary products such as its SF7 solar tracker and the SP7 Bifacial whose design has been optimised to achieve a maximum yield from bifacial modules.

“This year to date, the trend in bifacial technology is the key to utility-scale PV projects. Eight out of every ten quote requests are for bifacial, confirming our company’s commitment to innovation and research in bifacial technology”, explains Eduardo de San Nicolás, product manager at Soltec.

With its strong commitment to innovation and the development of proprietary technologies, in 2018 Soltec inaugurated its Bifacial Tracker Evaluation Center (BiTEC), to study the performance of bifacial modules in different conditions including albedo, height, distance between modules and module temperature. The research also aims to establish the best tracker design for the implementation of bifacial modules.

With 15 years of experience in the sector and over 35 patents, Soltec is present across the five continents. The company already has offices in Argentina, Australia, Brazil, Chile, China, Denmark, Egypt, the US, India, Italy, Israel, Mexico and Peru. With a development-based business model, Soltec has become a European reference in the renewable energy sector while modelling its economic growth based on care for the environment.

The SOLTEC team

Soltec’s growth is linked to its workforce. The company current has a staff of around 1,500 personnel distributed across projects and subsidiaries worldwide. As part of its commitment to job creation and the search for talent, Soltec has recently launched the second edition of the Solteach study grant, a programme that sets out to give the best professionals the opportunity receive a first-hand training in renewables from one of the business references for the sector in Spain, which has achieved a spectacular growth in recent years.

The Global Wind Energy Council (GWEC) has launched the first edition of its Global Offshore Wind Report, which provides a comprehensive analysis of the prospects for the global offshore wind market, including forecast data, market-level analysis and a review of efforts to lower costs.

The global offshore market has grown by an average of 21% each year since 2013, reaching total installations of 23 GW. More than 4 GW of new capacity were installed each year in 2017 and 2018, making up 8% of the total new installations during both years. For the first time, China was the largest offshore market in 2018 in new installations, followed by the UK and Germany.

Based on government targets, auction results and pipeline data, GWEC expects to see 190 GW of capacity installed by 2030, but this does not represent the full potential of offshore wind. Many new countries are preparing to join the offshore wind revolution, while floating offshore wind represents a game-changing technological development that can add even more volume in the years to come.

The industry is continuing to make significant strides on cost-competitiveness, with an average LCOE of US$50/MWh within reach. This achievement increases the attractiveness of offshore wind in mature markets where several governments are discussing long-term climate targets that, if they are to be achieved, must seriously consider the contribution large-scale offshore wind can make. New offshore markets represent significant potential and if industry and governments can work together, as we have seen recently in the case of Taiwan, we can build the necessary policy frameworks at greater speed to ensure growth can be achieved sooner than later.

The report, GWEC Market Intelligence, provides a market outlook representing a “business-as-usual” (BAU) scenario which does not incorporate more technical development or further opportunities for offshore wind, and an upside scenario which captures the additional potential.

The BAU scenario expects double-digit growth for the global offshore market based on current policies and expected auctions and tenders. This scenario makes annual installations of 15 to 20 GW after 2025 realistic based on growth in China and other Asian markets, amounting to 165 GW of new installed capacity globally between now and 2030. This would bring the total installed capacity to nearly 190 GW.

The upside scenario captures additional potential such as the advancement of floating technology, increased cost competitiveness and therefore greater volume in mature markets, as well as the opening of new offshore markets. Based on this scenario, a more positive outlook of over 200 GW installed capacity between now and 2030 is possible, totalling approximately 220 GW installed capacity.

  • Europe: Short-term, the European offshore market will remain flat with few projects reaching installation and COD during 2020, however, the cost competitiveness of European offshore will remain a key driver for volume. The Sector Deal in the UK provides a stable outlook, while volumes for Germany have still not increased despite government’s awareness. Total installed capacity for the region under the BAU scenario is expected to be 78 GW by 2030.
  • Asia: The Asian offshore market including China is expected to become the largest offshore region globally with key growth markets including Taiwan, Vietnam, Japan, India and South Korea. Total installed capacity for the region under the BAU scenario is 100 GW by 2030.
  • US: The first installation of large-scale projects, expected between 2021 and 2023, brings total installations to 2 GW by 2025. There is potential for 10 GW total installations towards 2030 with an increasing experience and maturing of the local supply chain.

ABB and the Italian company Fimer S.p.A announced today that they have signed an agreement for Fimer to acquire ABB’s solar inverter business. The transaction will enhance the future prospects of the solar inverter business and will enable ABB to focus its business portfolio on other growth markets.

 

ABB’s solar inverter business has approximately 800 employees in more than 30 countries, with manufacturing and R&D sites located in Italy, India and Finland. It includes the solar inverter business from Power-One which was acquired by ABB’s Discrete Automation and Motion division in 2013.

The business offers a comprehensive portfolio of products, systems, and services for different types of solar installations. It is currently within ABB’s Electrification business and achieved revenues of approximately $290 M$ in 2018.

Both companies will ensure a smooth transition for customers and employees. FIMER will honor all existing warranties and ABB will compensate Fimer for taking the business and its liabilities over. As a result, ABB expects to take an after-tax non-operational charge of approximately 430 M$ in the second quarter of 2019 with the half-year results of 2019 being impacted accordingly. Around 75 percent of this charge is represented by cash outflows ABB will pay to Fimer from the deal closing date through 2025. In addition, ABB expects up to 40 M$ of carve-out related separation costs starting in the second half of 2019.

After closing of the transaction, ABB expects the operational EBITA margin for the Electrification business to be impacted positively by slightly more than 50 basis points, supporting the business’ progress towards its target margin corridor of 15-19%.

Completion is expected in the first quarter of 2020 and will be subject to certain conditions, including the completion of the carve-out and prior consultation with employee representative bodies.

Vietnam’s solar market is a good news for the solar industry with growing demand of electricity and government policy to promote PV development. With the support from Alena Energy and LONGi Solar, Growatt held its Shine Elite PV workshop on July 4 at Novotel Saigon Centre in Ho Chi Minh City.

The meeting highlighted training on Growatt’s smart inverter solutions. “Inverter technologies have been the innovation center of PV systems in recent years and Growatt has been making a lot of progress as we keep increasing our investment in R&D.” said Frank Qiao, Growatt co-founder and sales director.

Growatt technical manager Adam Sun presented latest product developments for residential, commercial and industrial scenarios. New series residential inverter MIN features an OLED display and touch button design appeals to many clients. It will be launched in Vietnam soon! In addition, recently our latest inverter MAX, which we strongly recommend for implementation in commercial and industrial solar rooftop projects, has been used in a 3MW solar plant in Ninh Thuan.” said Sun.

Service engineer Roger Tian laid out inverter architecture, component selection, installation, operation instruction and troubleshooting for the audience. Growatt monitoring system is at the heart of customer service. Growatt offers a variety of monitoring devices, such as ShineMaster, ShineWifi and ShineLink to meet different demand of internet connection methods. Apart from monitoring installation and setup, Tian detailed registration, configuration and function on Growatt’s Online Smart Service platform.

At the event Alena Energy’s director shared his optimism on the prospect of Vietnam solar and encouraged collaboration with global leading PV brands to develop solar energy across Vietnam. Reliable and advanced inverter and module technologies are key to the success of Vietnam’s solar ambitions. Ms.Vu Thi Thanh Van, LONGi senior sales manager introduced its cutting-edge solutions. “LONGi’s half-cut mono PERC module solution provides higher yields, higher reliability and lower power degradation.” she said.

The workshop today is the consistent effort by Growatt to improve customer service and better prepare our partners for system installation, operation and maintenance. Growatt is committed to the solar development in Vietnam and we will continue to work with our clients and provide our expertise and training on product and service.” said Derrick Ding, Growatt Vietnam sales manager.

Source: Growatt

On the occasion of the World Small Wind Conference held during Intersolar Europe in Munich (Germany), WWEA has released the global small wind statistics. The Summary of the 2017 Small Wind World Report indicates that 2015 was one of the most challenging years for the small wind industry in the recent years.

As of the end of 2015, a cumulative total of at least 990’000 small wind turbines were installed all over the world. This is an increase of 5 % (8,3 % in 2014) compared with the previous year, when 945’000 units were registered. It means that worldwide, several million families are getting power from small wind turbines. However, only in Italy, the number of new installations increased during 2015.

 

The recorded small wind capacity installed worldwide has reached more than 945 MW as of the end of 2015. This is a growth of 14 % compared with 2014, when 830 MW were registered. In 2012, 678 MW were installed. China accounts for 43 % of the global capacity, the USA for 25 %, UK for 15 % and Italy for 6,3%.

A downward trend in supporting policies for small wind in the three biggest markets has decreased the number of new installations although the installed capacity was bigger than in the previous year. Smaller markets like Italy or Japan, with more favorable policies, have attracted the industry and became a lifesaver for the sector. Markets like Japan or Australia will become more and more important for small wind manufacturers in the next years.

China continues to be clearly the market leader in terms of installed units: at least 43’000 units were added in 2015, reaching 732’000 units installed by the end of 2015 and accounting for 93 % of the new units installed worldwide.

Stefan Gsänger, WWEA Secretary General: “Small wind can contribute substantially to the power supply in many countries of the world. In particular in hybrid systems and in combination with solar and other renewable technologies, small wind turbines can enable citizens, communities and businesses to produce power at affordable cost, without harming the environment. However, the manufacturing sector requires policies which provide predictable and sizable markets in order to invest and scale up production facilities. If this is given, prices for small wind turbines will decrease further. The small wind sector itself will continue working on improving quality of its products by aiming at harmonizing and simplifying international standards and certification schemes.

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Special report focusing on the renewables market in Mexico, published as a separate issue to the April 2017 edition of FuturENERGY for special distribution at MIREC Week, an event that ran from 8 to 12 May and at which FuturENERGY has an active presence thanks to its Mexico office.

This special report includes the following:

 

COVER STORY
VESTAS. Auctions only go two ways: either you win or you lose

SPECIAL REPORT: MIREC WEEK
Key issues for clean energy finance in Mexico
The renewable market and auctions in Latin America. The case of Mexico
The Nordex Group: success in Argentina, Mexico and Chile
Ingeteam expands its services, consolidating its leadership in Mexico

WIND POWER
New optimised product designs for rotor bearing supports in wind turbines
Monitoring, analysis and improved performance of wind farms
Professionalising procurement in the wind energy service market

Read more…

Enerray established a comprehensive local structure for commercialisation, distribution and technical operations in Mexico in 2014. To help consolidate its market presence, its headquarters in Italy decided to invest US$500,000 in a solar rooftop installation for its offices in Queretaro, representing a first step as an EPC company in Mexico. This has given the company in-house experience of all the factors that can impact on rooftop project development in the region, showcasing its ability to handle local regulations and the licensing process.

Since that first project to date, local conditions have changed considerably. One of the factors affecting the market has been the depreciation of the Mexican peso against the US dollar, which has decreased the amount of national investment inflow. In addition, the implementation of the Energy Reform has brought uncertainty to certain regulatory aspects, slowing market growth. Furthermore, the current electricity tariff also represents a barrier for solar market deployment, particularly in the distributed generation sector. On the positive side, a change of mindset is finally taking place in the Mexican industrial sector, which now recognises solar as a viable option for powering their facilities.

 

Regarding solar irradiation, Mexico is in a privileged position, offering some of the greatest solar resources in the world. The fact that Germany continues to invest in solar after subsidies have been offset is an indicator of the technology’s potential, which can be even greater in countries such as Mexico. We are confident that the Mexican solar industry will eventually take off, but the speed at which it is adopted will depend on how the market evolves. Read more…

Andrea Bernardi
Mexico Country Manager at Enerray

Article published in: FuturENERGY September 2016

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The global solar market had a record year in 2015, adding 14GW to its annual rate of installations for a total of market size of 55 GW.

The Global Solar Demand Monitor, launched by GTM Research,  is a quarterly report that brings insights and forecasts on the global solar landscape. By analyzing the demand drivers, policies and risks that shape markets, it enables companies globally to be successful in the market today while preparing for the future.

2016 is set to be another good year, with the market set to grow by 21% to 66 GW. The landscape is very diverse, with the top three markets making up the majority of demand, over ten major gigawatt-scale markets globally, 20 will be multi-gigawatt by the end of the decade, and Latin America and the Middle East on the rise. At the same time, global solar policies are in a state of flux, transitioning away from direct subsidies to competitively procured solar, leading to more complex market dynamics and business models.

There is now, more than ever, the need to dive deeper into the top markets to sustain growth as they mature while expanding an understanding of major markets and those on the rise.

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The drop in growth expected in 2016 compared to last year marks a slight slowdown that will deepen in 2017.  The slowdown is tied to the policy turmoil in several large markets – China, Japan and the U.K. even as two other key market – the U.S. and India grow at triple-digit rates.

China has overtaken Germany has the country with the highest cumulative installations globally at 47GW, and has also beaten Germany every year in annual installations since 2013.

In the top 5, Italy has been overshadowed by others as its annual installations have dropped to less than 500 MW and the U.K.’s position is threatened by major pullback in policy support for solar.

Japan and the U.S. are now close on the heels of Germany and are set to push the country  further down the rankings in the future. China was the largest solar market in 2015 with a 34% market share.

The top five countries will make up 75% of global demand in 2016. In 2016 China will retain its top spot but it’s share will fall to 26% because of a demand spike in the U.S. tied to the Investment Tax Credit there. The U.S.’s demand spike in 2016 pushes it to number two in demand globally with a 24% market share, almost rivaling that of China this year. The U.S. displaces Japan in 2016, as the latter’s demand begins to fall this year due to pullbacks in its FiT.

The global demand landscape is set for a substantial diversification as growth is picking up beyond the major markets with the potential to offer 2GW+ each by 2020.

Latin America is leading the charge with new markets like Mexico, Brazil and Chile set to add a total of 21 GW by 2020.demandmonitor_q216_sitegraphic_baja

The Middle East and Turkey (MENAT) will add 16GW from Algeria, Turkey, Jordan, Egypt and the U.A.E.

In Asia, Thailand, Philippines, South Korea, Taiwan and Indonesia add 15GW by 2020 apart from the giants China, India, Japan and Australia. East Asia, led by China, but also bolstered by Japan, South Korea, Taiwan and Australia was responsible for the majority of global demand in 2015 at 58%. East Asia will retain the lead but will loose considerable market share in 2016 to South Asia because of India’s doubling of demand and to North America because of the U.S.’s demand spike.

Europe is set for a turnaround in the years ahead after having lost considerable market share in the past years, culminating in a 5% loss between 2015-2016. Latin America offer exceptionally high growth – it will grow 100% in 2016 and 28% on a compounded basis between 2016-2020.

With its latest auction, Mexico has taken a leap and is set to match Brazil with a cumulative 7 GW of demand until 2020. Latin America also offers several smaller markets that offer opportunistic demand of a cumulative 3 GW between Central America and the Caribbean. In the rest of South America, Argentina and Peru are emerging as strong demand markets.

 

 


 

 

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In 2015, Gamesa bolstered its leadership in the world’s biggest wind power markets: the company ranked number one in India and Mexico, number two in Brazil and number one among western OEMs in China, according to the most recent data published by international consultancy, MAKE.

This solid positioning in emerging markets pushed the company two spots higher, from seventh to fifth place, in the global ranking of OEMs (onshore & offshore), with a market share of 5.9%, up from 4.2% in 2014. Stripping out the offshore market, Gamesa rises to fourth place, with a market share of 6.2%.

As singled out in the report itself, Gamesa was the only manufacturer to place in the top 10 in every region (EMEA, APAC and Americas), evidencing the success of its strategic geographic diversification. Gamesa has installed its turbines in 53 countries around the world; in 2015, Gamesa’s sales volumes were predominantly accounted for by India (29%), Latam (27%), Europe & RoW (18%), the US (11%) and China (13%).

Indeed, Gamesa consolidated its position as the leading manufacturer in India for the third year running, further increasing the gap with respect to the number-two OEM and lifting its market share from 25% in 2014 to 34% in 2015. Its leadership in this market, coupled with a strong performance in the Philippines, positioned it as the top manufacturer in APeC (Asia Pacific, excluding China). Meanwhile, in the Asian giant, Gamesa managed to establish itself as the leading non-Chinese OEM.

In Latin America, as well as commissioning facilities in Honduras, Costa Rica and Uruguay, Gamesa once again took first place in Mexico (taking more than 50% of the market), while consolidating its position as the number-two player in Brazil, where it tripled its market share from 10% in 2014 to 29% last year.

In Europe, the company ranked among the top five in countries such as Sweden, Poland and Italy, while in Africa and the Middle East, its rankings in Mauritania and Egypt, where it is market leader, stand out.

Lastly, in the US, where the company commissioned 8.6 GW in 2015, Gamesa climbed to fifth place by market share, driven by the success of its new turbine, the G114-2.0 MW, for which the order intake topped 400 MW in 2015.

Mexico’s installed solar PV capacity is currently at less than 1 GW and in all probability, only 2 to 3 GW will be added by 2020. Until recently, Mexico represented the most promising solar market in Latin America. But the strong growth expected for the country is now much less certain. In fact, solar installation figures in 2016 could be 36% lower than those projected last year. So what has happened? As GTM Research has documented, solar project developers and financiers are dealing with a completely new set of rules for selling solar electricity into Mexico’s energy market. Those new rules are causing some confusion and, as such, activity has slowed down.

For the first time ever, the country actually has a competitive market to sell into. Over the last couple of years, the Mexican government has been working on a plan to overhaul the state-owned electricity provider and build a wholesale market to encourage competition. The new market was launched this January and auctions will take place over the coming months.

Almost everyone sees Mexico’s transition to a competitive market as necessary to meet the country’s growing power demand. But as energy suppliers grapple with the new rules (some of which have still not been finalised or are confusing), there are many eager solar companies and investors sitting on the sidelines, trying to figure out how and when to bid into the market. Read more…

Stephen Lacey
Managing Editor, Greentech Media

Article published in: FuturENERGY January-February 2016

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