Weekly Update (May 31)
Astronergy news this week：
1. Astronergy achieved a new milestone in TOPCon capacity!
Astronergy achieved a new milestone in TOPCon capacity! On May 30th, Astronergy Fuyang Manufacturing Base witnessed the installation of manufacturing equipment for 5GW production of ZBB-TF n-type TOPCon PV modules.
By leveraging rectangular silicon wafers and innovative ZBB-TF technology, ASTRO N7s can achieve an impressive conversion efficiency of 23.0% and power output up to 460W. With no harpoon-like grid lines, ASTRO N7s become more reliable and aesthetic. Additionally, weighing in at just 21.5 kg, it's lightweight, making it easier to install.
The rollout of the first piece at Astronergy Fuyang Manufacturing Base is scheduled to begin in June 2024. This will significantly contribute to our goal of reaching 76GW of PV module capacity in 2024.
2. Recap of Solar & Storage Live MENA
From May 29th to 30th, Astronergy had the opportunity to showcase our n-type TOPCon PV modules at Solar & Storage Live MENA!
ASTRO N7 n-type TOPCon PV modules, tailored for utility-scale applications, are perfect for solar projects in the MENA region. Utilizing advanced TOPCon 4.0 cell technology, ASTRO N7 delivers a superior power output of 625W. Notably, ASTRO N7 can operate at lower temperatures with a temperature coefficient of -0.29 degrees Celsius. This ensures that even in hot summer times, our module products experience minimal heat loss, running at an average of 1.6°C cooler than PERC modules.
The feedback from onsite attendees was incredibly encouraging, highlighting the strong market demand in Egypt for reliable and efficient solar solutions. We invite you to explore our products and discover how Astronergy can power your projects by visiting https://lnkd.in/eMvZaaP3!
3. Astronergy is hiring!
Are you ready to make a difference in the world of solar energy? We are looking for talented professionals to join us in driving the future of solar energy!
If you are excited to be a part of our dynamic team, please contact our HR department at [email protected].
4. Highlight video of Astronergy World Tour 2024 in Lahore, Pakistan
Astronergy World Tour 2024 in Pakistan kicked off in Lahore with a fantastic event! Check out our highlight video to experience the excitement!
Our tour in Lahore was just the beginning. A huge thank you to everyone from the big gathering in Lahore. We are committed to promoting sustainability and driving renewable energy adoption across Pakistan.
5. Amazing moments of Astronergy World Tour 2024 in Islamabad, Pakistan
We are excited to share the amazing highlights of the second stop of Astronergy World Tour 2024 in Pakistan!
It was a great opportunity for Astronergy to visit this vibrant city of Islamabad and connect with industry experts and partners in Pakistan who shared a common passion for renewable energy. Watch the video to catch a glimpse of the inspiring moments!
6. Astronergy World Tour 2024 in Karachi, Pakistan
The final stop of Astronergy World Tour 2024 in Pakistan concluded with a grand event in Karachi on May 28th! We are excited to visit Karachi, the country’s largest city and principal seaport, to explore new business opportunities!
Pakistan is a crucial market for Astronergy, and we are committed to helping the country address its energy challenges by providing reliable and high-efficiency module products.
Our ASTRO N7 n-type TOPCon PV modules, powered by TOPCon 4.0 cell tech, can reach a power output of up to 625W, ensuring remarkable energy generation even in challenging environments. By leveraging rectangular silicon wafers, we achieve a 15.6% increase in wafer area, enhancing efficiency and optimizing container usage, which in turn reduces costs for our customers.
We are grateful to the enthusiastic participation of local clients and partners for making this event memorable and to everyone who has supported Astronergy throughout this tour in Pakistan! We are excited about the future and our continued journey to collaborate with more local stakeholders in Pakistan!
7. Solar 101 Episode 2: Module Test: The First Step
Solar 101 hashtag#Episode 2 is coming! In this episode, we dive into the crucial first step of module testing.
Before mass production, Astronergy's PV modules undergo a series of rigorous tests, including power test, safety test, and ageing test. Join us in today's video to explore the testing standards and steps involved during the module test, and learn how we ensure the stability and reliability of Astronergy's PV modules under various environmental conditions.
What else do you want to know about our module tests? Check out the video here!
8. Astronergy PV Installation Tutorial-Part 1 Unloading
Join YOYO for a series of detailed walkthroughs on how to properly install Astronergy's PV modules! From unloading and unpacking to the final installation, we cover it all in detail to ensure a seamless and efficient process.
In Part One, you will learn:
-Preparations for unloading
-Critical dos and don'ts during unloading
-Key safety tips and best practices after unloading
Watch the video now to achieve the best performance while installing our module products!
9. Upcoming expo: SNEC 2024
-Time: June 13th-15th, 2024
-Booth: 8.2H-E680
-Registration link: https://pv.snec.org.cn/?locale=en-US
10. Upcoming expo: Intersolar Europe 2024
-Time: June 19th-21st, 2024
-Booth: A1.260
-Registration link: https://www.intersolar.de/home
PV market news this week：
1. Desert-to-Power initiative seeking consultants for 10 GW of solar
The African Development Bank has asked financial management specialists to submit expressions of interest for two parts of its Desert-to-Power initiative, which aims to deploy 10 GW of solar by 2030 in the Sahel region.
2. Pexapark says European developers signed 28 PPAs for 1.5 GW in April
European developers signed 28 PPAs totaling 1.5 GW in April, according to the latest report from Pexapark. The total capacity more than doubled the amount that Pexapark registered in March, making April the second strongest month by PPA activity this year.
3. Brazil’s new PV additions hit 6 GW in January-April period
Brazil added 6 GW of new PV capacity between January and April. ABSolar, the Brazilian PV association, says the country has now cumulatively deployed 43 GW of solar capacity, with around 24 GW from PV systems below 75 kW in size.
4. Indian solar capacity up 400% in Q1 2024
Indian solar installations increased by over 400% in the first quarter of 2024 to the highest quarterly deployment levels in its history. Over 10 GW of new solar capacity came online from January through March this year, a 400% year-on-year (YoY) increase from 2 GW in Q1 2023 and a 414% sequential increase from just under 2 GW in Q4 2023. These figures are according to Mercom Capital, an Indian market research firm.
5. Mali to build 200 MW of solar with Russian support
The government of Mali has announced the construction of a 200 MW solar plant on 314 hectares in the southwestern part of the country. The Sanankoroba solar plant will be built by Russia's Novawind, which is the renewable energy division of nuclear group Rosatom.
6. Italy deploys 1.72 GW of new PV systems in Q1
Italy installed 1.72 GW of new solar capacity in the first quarter, bringing its cumulative installed PV capacity to 32 GW by the end of March, according to Italia Solare, the nation’s solar energy association.
7. High import duties affecting solar deployment in Bangladesh
Analysts at a recent event in Dhaka called for the removal of high import duties on solar products in Bangladesh, as it could reduce PV system prices by up to 11%.
8. Angola inaugurates 25.3 MW solar park
The Angolan authorities have inaugurated a 25.3 MW solar park built by Portugal’s MCA and Sun Africa. The project is the fourth of seven installations that are being built for the Angolan government, with a combined capacity of 370 MW.