GreentechLead http://www.greentechlead.com News on solar, wind, power, smart grid, renewable energy Wed, 15 Aug 2018 07:47:27 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Solar business: China wants WTO action against US http://www.greentechlead.com/solar/solar-business-china-wants-wto-action-against-us-34553 http://www.greentechlead.com/solar/solar-business-china-wants-wto-action-against-us-34553#respond Wed, 15 Aug 2018 07:47:27 +0000 http://www.greentechlead.com/?p=34553 China’s commerce ministry said a U.S. decision to subsidize renewable energy firms and impose tariffs on imported products has distorted the global market and harmed China’s interests, Reuters reported. China has lodged a complaint to the World Trade Organisation to help determine the legality of the US policies. China said the US policies are harming […]

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China’s commerce ministry said a U.S. decision to subsidize renewable energy firms and impose tariffs on imported products has distorted the global market and harmed China’s interests, Reuters reported.

China has lodged a complaint to the World Trade Organisation to help determine the legality of the US policies. China said the US policies are harming China’s rights and undermine the WTO’s authority, the ministry said on its website on Tuesday.

Washington announced in January that it was imposing what it called safeguard tariffs over four years – with a 30 percent tariff in the first year reduced gradually to 15 percent in year four.

“As the U.S. violations have distorted the global market for products like photovoltaics and seriously damaged China’s trade interests, China’s use of the WTO dispute settlement mechanism is a necessary measure to safeguard its legitimate rights and interests and maintain multilateral trade rules,” the commerce ministry statement said.

The move is not expected to have an immediate impact on China’s solar manufacturers, including GCL, Jinko Solar and Canadian Solar, as their exposure to US markets was reduced after earlier trade disputes.

The United States has accused China of using subsidies and bulk manufacturing capacity to drive down prices and put US competitors out of business in a range of sectors.

According to figures from the China Photovoltaic Industry Association (CPIA), US solar module production capacity fell from 1.5 gigawatts in 2011 to 1 GW last year as a result of bankruptcies.

China claims its manufacturers have benefited not from direct subsidy but from a fierce competitive environment that has driven down costs.

This year, its firms are facing a new wave of closures after the country’s state planning agency announced plans to cap new capacity at just 30 GW this year, down from a record 53 GW in 2017.

Despite the policy shift, manufacturers have continued to ramp up production, with silicon wafer output up 39 percent in the first half.

From January to May, exports of solar products also surged 21 percent year-on-year. Only a fraction went to the United States, with India the biggest market.

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Exicom bags NTPC tender for charging infrastructure for electric vehicles http://www.greentechlead.com/electric-vehicle/exicom-bags-ntpc-tender-for-charging-infrastructure-for-electric-vehicles-34547 http://www.greentechlead.com/electric-vehicle/exicom-bags-ntpc-tender-for-charging-infrastructure-for-electric-vehicles-34547#respond Tue, 14 Aug 2018 16:51:49 +0000 http://www.greentechlead.com/?p=34547 Exicom has bagged the NTPC tender for the development of charging infrastructure for electric vehicles at Jabalpur, MP, India. The charging infrastructure will include 120 kW and 50 kW EV Off-Board DC chargers of CCS standard for electric buses. Exicom introduced AC and DC fast chargers with Bharat specifications to charge the TATA Tigor and […]

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Exicom has bagged the NTPC tender for the development of charging infrastructure for electric vehicles at Jabalpur, MP, India.

The charging infrastructure will include 120 kW and 50 kW EV Off-Board DC chargers of CCS standard for electric buses.

Exicom introduced AC and DC fast chargers with Bharat specifications to charge the TATA Tigor and Mahindra e-Verito cars procured by EESL and expanded by launching their high voltage GB/T, CHAdeMO and CCS compatible Harmony EV chargers.

“Winning this tender further strengthens our position as a market leader with largest base of deployed EV chargers in India,” Anant Nahata, managing director of Exicom, said.

Presently, Exicom is offering both EV charging solutions for home and public charging for 2W, 3W, passenger cars and commercial vehicles.

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Canadian Solar to cut investment in manufacturing due to bleak revenue http://www.greentechlead.com/solar/canadian-solar-to-cut-investment-in-manufacturing-due-to-bleak-revenue-34545 http://www.greentechlead.com/solar/canadian-solar-to-cut-investment-in-manufacturing-due-to-bleak-revenue-34545#respond Tue, 14 Aug 2018 11:39:44 +0000 http://www.greentechlead.com/?p=34545 Canadian Solar has decided to cut down on its investment in increasing manufacturing capacity due to unexpected market conditions especially in China. Canadian Solar will reduce its target in the expansion of Ingot manufacturing capacity by 355 MW to 1.65 GW by December 31, 2018. Canadian Solar said there will be no change in its plan to increase […]

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Canadian Solar has decided to cut down on its investment in increasing manufacturing capacity due to unexpected market conditions especially in China.

Canadian Solar will reduce its target in the expansion of Ingot manufacturing capacity by 355 MW to 1.65 GW by December 31, 2018.

Canadian Solar said there will be no change in its plan to increase wafer manufacturing capacity to 5 GW by December 31, 2018.

Canadian Solar will reduce its target to enhance cell manufacturing capacity by 800 MW to reach 6.25 GW by December 31, 2018

Canadian Solar will reduce its target in expanding the module manufacturing capacity by 780 MW to 9.13 GW by December 31, 2018.

Canadian Solar owns solar module manufacturing factories with capacity of 400 MW in Canada and 360 MW in Brazil.

The company is running the Canadian factory at a low utilization rate since February of 2018 due to lower volume in the Canadian market and the Section 201 import duty in the U.S. The Brazilian plant is also running at a relatively low utilization rate as it completed its utility scale projects in the market.

As a result, Canadian Solar considers its effective solar module production capacity being 7,550 MW as of June 30, 2018, and expects it to be 8,370 MW on December 31, 2018.

Canadian Solar has revised its business targets and now expects solar module shipments to be in the range of 1.5 GW to 1.6 GW in the third quarter of 2018.

Canadian Solar expects revenue to be in the range of $790 million to $840 million with gross margin of between 20 percent and 23 percent for the third quarter of 2018.

Canadian Solar is expecting module shipment in the range of 6.0 GW to 6.2 GW against the earlier target of 6.6 GW to 7.1 GW. The company expects revenue of $4 billion to 4.2 billion compared to $4.4 billion to $4.6 billion.

“The revision of our annual guidance is in-line with the boarder industry and mainly reflects the expected reduction of shipment volumes to the Chinese market in the second half of the year, as well as the expected lower solar module average selling price,” Canadian Solar CEO Shawn Qu said.

Canadian Solar said its revenue fell 54.3 percent quarter on quarter and dipped 6 percent year on year to $650.6 million in the second quarter of 2018. Canadian Solar shipped 1,700 MW solar modules compared to 1,374 MW in the first quarter of 2018.

Total operating expenses in the second quarter of 2018 were $105.5 million, up 60.6 percent from $65.7 million in the first quarter of 2018 and up 25.5 percent from $84.1 million in the second quarter of 2017.

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ET Solar and Kangtu Solar join hands to tap overseas markets http://www.greentechlead.com/solar/et-solar-and-kangtu-solar-join-hands-to-tap-overseas-markets-34543 http://www.greentechlead.com/solar/et-solar-and-kangtu-solar-join-hands-to-tap-overseas-markets-34543#respond Tue, 14 Aug 2018 11:13:23 +0000 http://www.greentechlead.com/?p=34543 ET Solar and Tunghsu Kangtu Solar have decided to tap overseas markets together in the wake of slowdown in China’s solar market. Tunghsu Kangtu Solar will use its capital to support ET Solar’s ability to receive large orders. ET Solar will share its sales network with Kangtu Solar to develop overseas markets together and deliver the best products and […]

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ET Solar and Tunghsu Kangtu Solar have decided to tap overseas markets together in the wake of slowdown in China’s solar market.

Tunghsu Kangtu Solar will use its capital to support ET Solar’s ability to receive large orders. ET Solar will share its sales network with Kangtu Solar to develop overseas markets together and deliver the best products and service to global customers.

This follows the slump in solar business in China after Beijing announced its policy to cut subsidies for most solar projects.

Halting of installation quotas in 2018 for ground-mounted solar energy projects in China and limiting distributed solar activity to 10 gigawatts will have industry implications given that the country accounted for 54 percent of global installations in 2017.

Many Chinese solar module manufacturers have released their promotion plan to overseas markets.

ET Solar has focused on the overseas markets since its founding in 2005, and has a sales network with high brand reputation and recognition. ET Solar is also one of the few Chinese companies whose modules can offer clients high bankability from banks worldwide.

Kangtu is a module manufacturer by Tunghsu Group.

ET Solar and Kangtu are founding members of Smart JADE, a photovoltaic alliance founded in June 2018 aimed at resolving short-term pressure and achieving coordinated development.

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JA Solar shipments to Japan reached 3.3GW http://www.greentechlead.com/solar/ja-solar-shipments-to-japan-reached-3-3gw-34540 http://www.greentechlead.com/solar/ja-solar-shipments-to-japan-reached-3-3gw-34540#respond Tue, 14 Aug 2018 06:09:14 +0000 http://www.greentechlead.com/?p=34540 JA Solar Holdings announced that its shipments to Japan reached 3.3GW. Its local customers include Marubeni Corporation, Hitachi, JGC Corporation, Toko Denki Koji Kabushiki Kaisha, Nippon COMSYS, Mitsui & Co., etc. JA Solar has over 200 partners in Japan. It sell its PV modules products in 47 administrative districts in Japan targeting residential, commercial and industrial rooftop PV systems […]

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JA Solar Holdings announced that its shipments to Japan reached 3.3GW.

Its local customers include Marubeni Corporation, Hitachi, JGC Corporation, Toko Denki Koji Kabushiki Kaisha, Nippon COMSYS, Mitsui & Co., etc.

JA Solar has over 200 partners in Japan. It sell its PV modules products in 47 administrative districts in Japan targeting residential, commercial and industrial rooftop PV systems as well as large-scale ground-mount power plants.

The cumulative 3.3GW of JA Solar’s products represents electricity generation capacity of approximately 4.3 billion kWh, which can reduce carbon dioxide emissions by 3.5 million tons.

“We remain focused on technology innovation and development of mass-produced, high-efficiency solar products,” Jin Baofang, president and CEO of JA Solar, said.

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JinkoSolar revenue dips 23.5% to $915.9 million in Q2 http://www.greentechlead.com/solar/jinkosolar-revenue-dips-23-5-to-915-9-million-in-q2-34538 http://www.greentechlead.com/solar/jinkosolar-revenue-dips-23-5-to-915-9-million-in-q2-34538#respond Tue, 14 Aug 2018 05:53:43 +0000 http://www.greentechlead.com/?p=34538 JinkoSolar said its revenues fell 23.5 percent to RMB6.06 billion or $915.9 million in the second quarter of 2018 – due to a decline in the average selling price and shipment of solar modules. Gross profit of JinkoSolar dropped to RMB727.6 million or $110.0 million from RMB656.1 million in the first quarter of 2018 and RMB834.8 million in the second quarter […]

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JinkoSolar said its revenues fell 23.5 percent to RMB6.06 billion or $915.9 million in the second quarter of 2018 – due to a decline in the average selling price and shipment of solar modules.

Gross profit of JinkoSolar dropped to RMB727.6 million or $110.0 million from RMB656.1 million in the first quarter of 2018 and RMB834.8 million in the second quarter of 2017.

Gross margin was 12 percent in the second quarter of 2018 against 14.4 percent in the first quarter of 2018 and 10.5 percent in the second quarter of 2017.

Total operating expenses fell 15.5 percent to RMB633 million or $95.7 million primarily due to a decrease in shipping costs.

Operating expenses accounted for 10.4 percent of total revenues in the second quarter of 2018, compared to 11.6 percent in the first quarter of 2018 and 9.5 percent in the second quarter of 2017.

Total solar module shipments in the second quarter of 2018 were 2,794 MW, including 200 MW to the Company’s overseas downstream segment.

The company’s annual silicon wafer, solar cell and solar module production capacity was 9 GW, 5 GW and 9 GW, respectively.

JinkoSolar estimates solar module shipments to be in the range of 2.8 GW to 3 GW in the third quarter of 2018 and 11.5 GW to 12 GW in 2018.

The company said its business will grow in the second half despite the impact from the new policies issued by the Chinese government on May 31 as shipments to overseas markets are expected to continue growing and account for an increasing proportion of shipments.

“We expect demand from Top Runner Program, poverty alleviation projects, local government subsidies, and self-contained DG projects to continue to drive the growth in the Chinese market,” JinkoSolar CEO Kangping Chen said.

JinkoSolar is expecting demand in emerging markets such as Latin American and the Middle East and North Africa.

“The Indian solar sector will maintain its long-term growth trajectory despite the short-term impact of recently announced tariffs and will continue to explore opportunities there,” Kangping Chen said.

JinkoSolar is increasing its mono PREC cell capacity which will reach 4.2GW by the end of year. It is also investing in N type technology, especially HOT double sided cell technology.

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Wind energy production dropped in Tamil Nadu http://www.greentechlead.com/wind/wind-energy-production-dropped-in-tamil-nadu-34536 http://www.greentechlead.com/wind/wind-energy-production-dropped-in-tamil-nadu-34536#respond Sat, 11 Aug 2018 15:21:50 +0000 http://www.greentechlead.com/?p=34536 The Indian Wind Power Association has asked State Electricity Boards to arrange to sell surplus energy generated through power exchanges and not to back down on renewable energy generation, The Hindu reported. Tamil Nadu has generated 6,234 million units of wind energy between April 1 and August 5 this year as compared with 7,547 million […]

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The Indian Wind Power Association has asked State Electricity Boards to arrange to sell surplus energy generated through power exchanges and not to back down on renewable energy generation, The Hindu reported.

Tamil Nadu has generated 6,234 million units of wind energy between April 1 and August 5 this year as compared with 7,547 million units during the corresponding period last year. Tamil Nadu has 8,700 MW of the 34,000 MW installed wind energy capacity in the country.

The winds started late in the State this year and evacuation can be improved, Indian Wind Power Association’s chairman K Kasthurirangaian said.

Several other states have 4,000 to 5,000 MW each. Evacuation of wind energy is better in states such as Gujarat and Karnataka.

“When the load drops, the State Electricity Boards should not back down wind energy generation. Instead, they should look at options such as spot selling of the excess power or swapping it with power deficit States,” Kasthurirangaian said.

Similarly, some states have settled all the dues for the power purchased from wind energy generators. In states such as Tamil Nadu and Maharashtra, the dues are pending.

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Siemens Gamesa to supply Tonstad Wind Farm in Norway http://www.greentechlead.com/wind/siemens-gamesa-to-supply-tonstad-wind-farm-in-norway-34533 http://www.greentechlead.com/wind/siemens-gamesa-to-supply-tonstad-wind-farm-in-norway-34533#respond Fri, 10 Aug 2018 10:39:51 +0000 http://www.greentechlead.com/?p=34533 Siemens Gamesa Renewable Energy (SGRE) announced it will supply the Tonstad Wind Farm in Norway with 51 of its SWT-DD-142 Onshore wind turbines. The project is developed by ENGIE and will have a total capacity of 208 MW. The wind farm is located in the municipalities of Sirdal and Flekkefjord in the South of Norway. […]

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Siemens Gamesa Renewable Energy (SGRE) announced it will supply the Tonstad Wind Farm in Norway with 51 of its SWT-DD-142 Onshore wind turbines.

The project is developed by ENGIE and will have a total capacity of 208 MW. The wind farm is located in the municipalities of Sirdal and Flekkefjord in the South of Norway.

Upon commissioning, Tonstad Wind Farm will be one of the largest wind farms in Norway. Siemens Gamesa has secured long-term performance contract.

Installation of the wind farm will begin in 2019.

“This project shows once more the strength of our global setup. Our experience in the Scandinavian market and our turbines with their compelling track record in the Nordic region ensure the best possible support and value creation for our customer”, says Steven Pryor, Onshore CEO for North Europe & Middle East at Siemens Gamesa Renewable Energy.

The energy produced in the Tonstad wind park will be delivered to Hydro Energi, a wholly-owned subsidiary of the Norwegian aluminium producer Hydro through a 25-year PPA. The annual production will be more than 0.6 TWh

“Siemens Gamesa is the ideal partner for ENGIE to support our market entry in Norway”, says Sandra Roche, CEO ENGIE Nordics. “Based on its global setup and experience in the Scandinavian market together with proven technology and best in class service Siemens Gamesa is very well positioned in the growing Norwegian wind power market.”

Just recently Siemens Gamesa has announced the supply of 70 wind turbines in three other projects in Norway. The company is present in Norway since 2002 and has an accumulated installed capacity of more than 630 MW and over 252 turbines.

editor@greentechlead.com

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Soluna to build 900 MW wind farm in Morocco http://www.greentechlead.com/wind/soluna-to-build-900-mw-wind-farm-in-morocco-34531 http://www.greentechlead.com/wind/soluna-to-build-900-mw-wind-farm-in-morocco-34531#respond Fri, 10 Aug 2018 02:12:14 +0000 http://www.greentechlead.com/?p=34531 Soluna, a blockchain company, plans to build a 900 MW wind farm to power a computing center in Dakhla in the Morocco-administered Western Sahara, Reuters reported. Soluna CEO John Belizaire told the Moroccan government it expected to complete the site in five years at a cost of $1.4-2.5 billion. It would invest $100 million in […]

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Soluna, a blockchain company, plans to build a 900 MW wind farm to power a computing center in Dakhla in the Morocco-administered Western Sahara, Reuters reported.

Soluna CEO John Belizaire told the Moroccan government it expected to complete the site in five years at a cost of $1.4-2.5 billion. It would invest $100 million in an initial phase as part of the strategy to generate 36 MW.

Digiconomist, a cryptocurrency analysis platform, estimated in June that bitcoin mining used approximately 71 terawatt hours (TWh) per year, equivalent to almost 10 percent of China’s annual energy usage.

The project will cover 37,000 acres in one of the world’s windiest regions enabling the company to own sustainable energy resources along with a utility-scale blockchain computing facility.

Morocco has attracted investment in solar and wind power as part of a goal to generate 52 percent of its electricity from renewable energies.

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Siemens Gamesa to supply wind turbines for Virginia project http://www.greentechlead.com/wind/siemens-gamesa-to-supply-wind-turbines-for-virginia-project-34529 http://www.greentechlead.com/wind/siemens-gamesa-to-supply-wind-turbines-for-virginia-project-34529#respond Thu, 09 Aug 2018 12:51:52 +0000 http://www.greentechlead.com/?p=34529 Siemens Gamesa and Orsted signed a sub-contract to supply wind turbines for the Coastal Virginia Offshore Wind project founded by Dominion Energy. Orsted and Dominion Energy entered into a partnership in 2017 to provide renewable source of energy to Virginia customers. This will be the first offshore wind project to be built in federal waters, […]

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Siemens Gamesa and Orsted signed a sub-contract to supply wind turbines for the Coastal Virginia Offshore Wind project founded by Dominion Energy.

Orsted and Dominion Energy entered into a partnership in 2017 to provide renewable source of energy to Virginia customers.

This will be the first offshore wind project to be built in federal waters, marking a significant achievement for the offshore wind industry in the United States.

Orsted will construct the wind project using two units of Siemens Gamesa’s 6-MW SWT-6.0-154 wind turbines, totaling 12 MW of potential generated power.

“Siemens Gamesa’s record of exceptional technology, combined with our prior partnership experience, will demonstrate how Virginia residents and businesses can experience the benefits of clean offshore wind energy,” Thomas Brostrom, president of Orsted North America, said.

In 2013, Orsted developed the first pilot project for Siemens Gamesa’s 6-MW platform, Gunfleet Sands III, located off the coast of the United Kingdom.

Siemens Gamesa and Orsted have contracted, manufactured, installed and commissioned a total volume of approximately 2,700 MW of offshore wind power capacity.

“We have believed in the future of offshore wind power in the United States, and with so much wind potential off the Virginia coast, we are excited to finally add our turbine technology to the country’s energy mix,” said Joergen Scheel, Siemens Gamesa Renewable Energy, vice president, Offshore, North America.

Siemens Gamesa will manufacture blades for this project at the company’s manufacturing facility in Aalborg, Denmark, and the nacelle assemblies will originate from the Siemens Gamesa facility in Cuxhaven, Germany.

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