ees 2019
8 December 2017 2017 09:15 AM GMT

India: Increased Commitment By Government Drives Demand For Solar Inverters

SMA Solar Technology AG (SMA) has announced that it sold more than 1GW (gigawatt) of solar inverters into all market segments in India in 2017. SMA inverter sales in the commercial segment have even doubled compared to last year. This corresponds to a market share of 30% in the commercial segment. In total, the installed SMA inverter base in India exceeds 3 gigawatts.

“India is one of the key markets for SMA in the Asia Pacific region. In the last 3 years, we have seen strong commitment from the Indian government driving growing market demand in the solar sector. Thanks to SMA’s wide product range catering to all market segments as well as the service network with regional presence, our inverter shipment in 2017 in India exceeds 1GW across all segments,” said John Susa, Executive Vice President Sales APAC & North America at SMA. “As a result, we are proud to announce that our total shipment of solar inverters in India has passed 3GW accumulatively.”

“We are very happy to see that our business growth not only comes from central inverters for utility-scale PV power plants but also from string inverters for the growing commercial segment. Our commercial sales have doubled compared to last year and now we have 30% market share in the commercial segment and 20% market share in the utility segment in India,” said Rakesh Khanna, Managing Director of SMA India.

SMA is strongly committed to the Indian market and opened its sales and service subsidiary in India in 2010. The subsidiary offers solar inverters, system solutions and communication solutions for solar installations as well as energy management systems and comprehensive service offerings. In addition to grid-tied PV plants of every size, the stand-alone and PV diesel hybrid solutions developed by SMA play an important role in providing electricity to remote areas without access to the utility grid as well as to industrial enterprises in areas with weak electricity supply.

The SMA Group with sales of around €1 billion in 2016 is the global market leader for solar inverters, a key component of all PV plants. SMA offers a wide range of products and solutions that allow for high energy yields for residential and commercial PV systems and large-scale PV power plants. To increase PV self-consumption efficiently, SMA system technology can easily be combined with different battery technologies. Intelligent energy management solutions, comprehensive services and operational management of PV power plants round off SMA’s range.

The company is headquartered in Niestetal, near Kassel, Germany, is represented in 20 countries and has more than 3,000 employees worldwide, including 500 working in Development. SMA’s multi-award-winning technology is protected by more than 1,000 patents and utility models. Since 2008, the Group’s parent company, SMA Solar Technology AG, has been listed on the Prime Standard of the Frankfurt Stock Exchange (S92) and is currently the only company in the solar industry that is listed in the TecDAX index.

Photo: Courtesy of SMA Group

March 30th 2019
Battery Boom: Wind And Solar Can Generate Half Of Worldwide Electricity By 2050

Coal is to shrink to just 11% of global electricity generation by mid-century, from 38% now, as costs shift heavily in favour of wind, solar and batteries. Wind and solar are set to surge to almost “50 by 50” – 50% of world generation by 2050 due to reductions in cost. “Cheap battery storage means that it becomes increasingly possible to finesse the delivery of electricity from wind and solar so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear.”

March 29th 2019
Wind: China Maintains Emerging Markets Top Spot Following 19.7GW Build Boom

Wind industry intelligence service A Word About Wind has launched its Emerging Markets Attractiveness Index report for 2018, which provides insight and analysis into the most attractive emerging markets for wind companies. The index, now in its second year, ranks the top 30 emerging markets that investors should consider when investing in wind in Europe, Africa, Asia and Latin America. The list considers factors including political and economic stability for investors, alongside the growth of electricity demand and potential for wind growth, in order to rank the countries by overall potential. As with last year’s report, China tops the list and the ongoing trade war with the US shows no sign of slowing China’s formidable growth.

March 30th 2019
EU Approves Ambitious Energy Efficiency Goals, Encourages Clean Energy Feed-In

Europeans will now be entitled to consume, store and sell the renewable energy they produce in line with ambitious targets set by the EU. The targets are to be reviewed by 2023, and can only be raised, not lowered. By making energy more efficient, Europeans will see their energy bills reduced. In addition, Europe will reduce its reliance on external suppliers of oil and gas, improve local air quality and protect the climate. For the first time, member states will also be obliged to establish specific energy efficiency measures to the benefit of those affected by energy poverty. Member states must also ensure that citizens are entitled to generate renewable energy for their own consumption, to store it and to sell excess production.

August 10th 2018
Major Role For WorleyParsons’ Advisian On World’s Largest Solar Power Project

Noor Energy 1 has appointed Advisian, the global consulting firm of WorleyParsons, as Owner’s Engineer for the concentrating solar power (CSP) fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The 700MW project will be the largest of its kind in the world and as an Owner’s Engineer, Advisian will protect the owner’s interests by ensuring all contractors are adhering to project specifications. It will also provide a review of the basic and detailed engineering, manage risk and provide technical support during construction & commissioning of the plant.

November 16th 2018
India: Improved Monsoon Winds Help Power Producers in 2018 

After a prolonged period of decline, wind speeds in India during the 2018 monsoon season were significantly higher than normal; and up to 20% higher than long-term averages in some regions. These higher wind speeds benefit wind farm production; welcome news for wind energy operators and investors, who have faced several years of lower-than-normal wind energy production during the monsoon period. These increased wind speeds can thus counter recent patterns of decline contributing to an increase in investor confidence with a data-driven approach.

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