Poland based distributor Menlo Electric announces a significant milestone: delivering 1 GW of PV components worldwide in 2024 alone. This underscores the company’s rapid expansion across Europe, the Middle East, Africa, and the USA.
The RePower Ukraine Charitable Foundation is spearheading an initiative to equip critical medical facilities in the country with backup solar power systems , bringing energy independence and hope to communities affected by conflict and power disruptions.
.Following a robust start to the year, the pace of PV installations across Europe continues to stabilize with minor fluctuations. The PV Purchasing Managers' Index (PMI) for May shows a reading of 72, a slight increase from 68 in April, indicating a positive shift in market sentiment. Despite a moderate demand outlook, solar panel prices have seen a notable decline across various categories.
The very low Chinese panel prices have been causing major turmoil on the European market for months. But things are also bumpy in China itself, observes Gerard Scheper, CEO of European Solar. "JinkoSolar has been taken off the Tier 1 list due to financial issues, but it is certainly not the only Chinese manufacturer with problems."
Solar2Share Collective welcomes companies from the industry and beyond to jointly donate solar systems for hospitals, schools, and kindergartens worldwide. By the end of 2024, up to twenty facilities will be able to transition to renewable energy thanks to this initiative.
C&I solar modules with power classes 450-500 W were in short supply in March, driving average monofacial prices up from 0.124 to 0.129 EUR/ W. The increase was despite sluggish need for residential PV modules, with full black modules recording another slight price drop. Despite this moderate price rebound, the buyers remained bullish about the demand in the upcoming month.
Jinko Solar has delivered more than 220,000 Tiger NEO bifacial 72 modules to the 123 MW Verila Solar Power Plant in Bulgaria.
The cooperation aims at protecting schools and hospitals from power supply interruptions caused by ongoing missile attacks on Ukraine's energy infrastructure. Both organizations are looking for partners to contribute to two programs, in which 150 institutions are to be equipped with solar and storage solutions.
The falling transport costs have continued in the past month, mainly due to a spectacular drop in the container price. "That can save one and a half to two euro cents per watt peak, which is quite nice," notes Gerard Scheper, CEO of European Solar.
PV distributor Menlo Electric invites module manufacturers to participate in its 240 MW module tender. The aim of the bid is to supplement already-contracted PV module deliveries for the first half of 2023.
Jinko Solar delivered 18.21 GW solar panels globally in the first half of 2022, representing an increase of 79% year-over-year.
Berlin-based solar-as-a-service provider Ecoligo is expanding to the Philippines. Together with local subcontractors, projects with a total capacity of 42,61 MW are planned. Financing comes from private investors, as CEO Martin Baart describes.
Jinko Solar has signed a strategic cooperation agreement with CIMC Raffles, a offshore equipment EPC company, to mutually develop offshore solar projects based on Jinko Solar’s N-type technology.
PV Guided Tours: Jinko Solar is developing more and more into a provider of complete systems. The portfolio not only includes innovative modules also for façades, but now even an energy storage system. Johanna Bonilla, technical service manager at Jinko Solar, explains in the video what components can be combined from a single source and what advantages this has.
Wholesaler Menlo Electric has signed a EUR 6m funding agreement with MBank, Poland’s leading commercial bank. Coupled with financing obtained earlier this year, this brings Menlo Electric to 60% of its 2022 goal of raising EUR 20m of growth financing.
Jinko Solar announced it has delivered 100 GW of solar modules globally. Approximately one out of every ten solar modules installed in the world was produced by Jinko Solar, the company claims.
Jinko Solar announced that its Tiger Neo Bifacial BDV 570 (144 cells) and Tiger Neo Bifacial BDV 610 (156 cells) modules, have been officially certified by Certisolis in France for their very competitively low carbon footprint values ("CFP values").
The Takoradi Technical University in Ghana has established a training centre to provide better solar-relevant training for young Ghanaian University graduates.
Menlo Electric has been certified as an official distributor of Jinko Solar, following a year of close cooperation between both companies. The partnership is to result in module sales of over 200 MW in 2022 alone, of which 70 MW is to be delivered still in Q1.
The mounting system manufacturer Esdec from the Netherlands has received official approval from six module manufacturers (Talesun, Longi, LG, Jinko Solar, Ja Solar and GCL).
In northern Greece, the juwi Group is building a 204-megawatt solar park for the Hellenic Patroleum Group. Once up and running, the project will generate climate-friendly electricity for 75,000 households.
Three leading solar module manufacturers with over 50 percent market share choose 182mm modules. This has good reasons.
