Weekly Review
SolarSpace news this week:
1.SolarSpace Obtained ISO 50001 Certification
SolarSpace has successfully obtained the ISO 50001:2018 energy management system certification issued by TUV SUD. This certification marks a solid step forward for SolarSpace in the field of energy management and demonstrates SolarSpace's firm commitment to environmental protection and sustainable development.
2.SolarSpace Has Achieved the Prestigious UK MCS Certification from TÜV Rheinland
SolarSpace has been awarded the Microgeneration Certification Scheme (MCS) certification by TÜV Rheinland. This prestigious certification marks a significant milestone for SolarSpace, elevating the competitiveness of its entire range of module products globally and accelerating its expansion into international markets.
3.SolarSpace Jumps up One Level to CCC+ Ranking on PV Tech Bankability
SolarSpace achieved a CCC+ rating in the Q2 2024 PV Module Tech Bankability Ratings report. This rating is determined using a proprietary analytical model that evaluates companies based on their manufacturing capabilities and financial health. SolarSpace demonstrates strong potential for ongoing improvement.
PV market news this week：
1.Somalia Opens Tender for Off-Grid Solar-Plus-Storage Plants
The Ministry of Energy and Water Resources in Somalia has kicked off a tender for the design, supply, installation, testing and commissioning of off-grid solar-plus-storage power plants.
The plants will serve 46 education facilities in the administrative region of Benadir in southeastern Somalia, which also covers the country's capital Mogadishu. The tender document lists 46 lots, which have minimum PV capacities ranging from 16 kW to 250 kW and minimum battery storage capacities ranging from 50 kWh to 800 kWh. Financing for the project, known as the Somali Electricity Sector Recovery Project (SESRP), has come from the World Bank. The project's delivery period will be eight months from the effective date. Further information can be downloaded from SESRP's website.
2.Indonesia Permits Power Wheeling
The government of Indonesia said it will introduce legislation to allow power wheeling in its New Energy and Renewable Energy Bill. Power wheeling will enable private companies to sell electricity directly to end users using the transmission and distribution networks owned by Indonesia's state-run electricity company, PLN.
The Jakarta-based Institute for Essential Services Reform (IESR), which had been calling for the inclusion of power wheeling in the bill, says the move will accelerate the development and adoption of renewable energy in Indonesia.
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3.India's ALMM List Tops 50 GW of Solar Module Capacity
India’s MNRE has published its updated list of approved s0lar manufacturers and PV modules. The panels on the list comply with the Bureau of Indian Standards and meet the ministry's module efficiency criteria.
Total ALMM-listed module capacity has now exceeded 50 GW. MNRE reinstated the ALMM mandate from April 1, 2024. Only solar products and manufacturers on the MNRE-approved ALMM are eligible for government-backed projects. The policy was introduced by the MNRE to protect the domestic industry from the dumping of Chinese products. The ALMM mandate gives domestic manufacturers the opportunity to serve a sizable market by creating a non-tariff barrier for Chinese products.
4.Italy's Regional Authorities Approve 3.358 MW of PV in H1
The regional governments of Italy approved 3,358 MW of solar projects in the first six months of this year. Sicily authorized the most solar capacity at 1,011 MW, followed by Puglia with 602.4 MW and Lazio with 362.6 MW. Puglia led in the number of authorizations, with 94 between single authorizations (AU) and simplified authorization procedures (PAS), followed by Basilicata with 51 and Emilia-Romagna with 43.
5.WoodMac Predicts 3.8 TW of New Solar by 2033
Solar developers are expected to install 3.8 TW (AC) of global capacity between 2024 and 2033, according to the latest forecast from Wood Mackenzie.
The analysts predict that new wind and solar installations will reach a combined 5.4 TW, taking the cumulative global total of the two technologies to 8 TW by 2033. Energy storage capacity, excluding pumped hydro, is also expected to grow by more than 600% over the same time period, with almost 1 TW of new capacity set to come online.
6.Australia's Rooftop Solar Market Declines as Volumes Fall
The latest data from Australian solar and storage market analyst SunWiz shows national rooftop market volumes in June wound back by 14% compared to May, falling back in line with a market decline that started in February.
A total of 248 MW of new capacity was installed in June, well down on the 288 MW that was deployed in May, the fourth-highest month on record for the small-scale technology certificate (STC) market. The June total is above the volumes seen in the same month in the past two years, but below that observed in 2021.
7.Europe Received 43% of Chinese PV Exports in Jan-May 2024
Europe imported around 33GW of solar PV modules from China in the first four months of 2024, representing 43% of total Chinese module exports, according to US energy analyst Clean Energy Associates (CEA).