According to South Korea's renewable energy plan 3020, South Korea is aiming to increase the share of renewable energy to 20 percent by 2030. Its main target is to develop the new capacity from photovoltaics (PV) and wind energy in the country to increase the use of clean energy. Antaisolar has provided MW scale projects to South Korea in partnership with local EPC and developers. Recently, several solar parks has completed construction and added to the grid. This was made possible thanks to strong project development capability and efficient solar mounting system. Both solar park utilized elevated solar racking in order to get maximum solar power generation at site. Aluminum structure with highly pre-assembled supporting beam and pre-installed components before shipment largely quick the installation time and save labor costs. Besides rooftop solar park, ground-mounted and Agri-PV solar projects are also fully operational deploying Antaisolar mounting structure in South Korea. These current and future projects follow South Korea’s pledge to take the country carbon neutral by 2050.

A ground-breaking political declaration among South Africa, France, Germany, the United Kingdom, the United States, and the EU, was made in the ongoing COP26 conference in Glasgow to support South Africa with an accelerated “just energy transition”. The declaration on this new ambitious, long-term Just Energy Transition Partnership will support South Africa’s decarbonization efforts by providing financial aid of USD 8.5 billion, with an aim to achieve the target presented in its updated Nationally Determined Contribution (NDC) emissions goals. The initial commitment of the amount can be available over the next 3-5 years through various mechanisms including multilateral and bilateral grants, concessional loans, investments, including mobilizing the private sector. On this occasion, President Cyril Ramaphosa said, “South Africa welcomes the commitment made in the Political Declaration to supporting the implementation of our revised Nationally Determined Contribution, which represents our country’s ambitious effort to support the global battle against climate change. “We look forward to a long-term partnership that can serve as an appropriate model of support for climate action from developed to developing countries, recognizing the importance of a just transition to a low carbon, climate-resilient society that promotes employment and livelihoods.” The partnership looks forward to preventing up to 1-1.5 gigatonnes of emissions over the next 20 years duration and assisting South Africa to move away from coal and accelerate its transition towards a clean, climate-resilient economy. The financial support will help it to accelerate investment in renewable energy and the development of new sectors like electric vehicles and green hydrogen, and ensure Eskom acquires funds to re-purpose its coal-fired power stations due to be decommissioned in the next 15 years. It is also required to use the fund to ensure communities dependent on coal mining or coal power stations for jobs have greener alternatives to make a living as part of that process. Source from: https://solarquarter.com/

Recently, Antaisolar announced that one 26MW utility scale solar plant in Cambodia is scheduled to be grid connected at the end of 2021. The solar farm is located in located in Bavet, a special economic zone on the border gate between Cambodia and Vietnam, about 150 kilometers from the capital, Phnom Penh. In consideration of economic and reliability, Antaisolar engineers work on to provide steel solar structure with concrete foundation. In order to guarantee the smooth process of the entire work, Antaisolar technical supporting team came on site to provide installation guidance for nearly three weeks, which largely make it easier and faster for whole installation. The client spoke highly of Antaisolar’s service to meet the special needs of grounding and bonding of solar plant and quick response throughout the entire installation. At present, the development of solar energy in Cambodia is in its infancy. In 2020, solar power generation only account for 3.4% of the total domestic power supply, there exists great untapped potential for solar power. The local area has suffered from power shortages. In an effort to meet the growing demand for electricity and improve the reliability of Cambodia’s power supply, Antaisolar will continue to provide efficient solar racking solution with localization service and contribute to the development of local solar energy.

Recently, the solar plant adopted Antaisolar's Ant-Cloud tracker in Thailand has completed the whole installation and finally made grid connection. With on-site technical support and in time service, the project went on smoothly and ready for power generation. Ant-Cloud, the 2P configuration solar tracker with multi-point drive for greater stability, has already applied for numerous solar farms across the world. Its reliable performance has been recognized by accredited technical testing provider and proven in actual project cases. Antaisolar’s both ANT and TAI series solar tracker has obtained the IEC 62817 certification TÜV NORD Group, which is a testament to the high reliability and high performance of solar trackers. The IEC62817 certification specifies the design requirements, test methods and judgment basis for the tracker's structural strength, tracking accuracy, reliability, durability and other parameters. It is currently the most comprehensive and authoritative evaluation standard for solar trackers. Antaisolar’s both ANT and TAI series trackers have gone through stringent tests and the result turned out that all the parameters are better than the international standard requirements. With the growing number of solar tracker plant going live, more projects utilized Antaisolar 1P or 2P solar trackers can be seen to empower the higher power generation and stable O&M of solar plants.

Solar is now cheapest form of new electricity in a host of international markets, driven by cost reductions and growth of bifaciality, large-area solar modules and trackers. That is the conclusion of a new report released by analysts Wood Mackenzie, which also forecasts that the cost of solar PV could fall by a further 25% in the next decade. The report, dubbed ‘Total eclipse: How falling costs will secure solar’s dominance in power’, states solar to be the cheapest form of new power generation in markets including Spain, Italy, India and 16 US states. Over the course of the next decade, the list of countries where solar will become dominant will increase to include every US state, Canada, China and 14 other nations, the report claims. It points to the fact that the cost of solar has fallen by 90% over the last two decade and is forecast to fall by a further 15% – 25% by 2030. These cost reductions will occur at the same time several technologies – bifacial panels, large-area cells and modules and trackers – combine to boost the output of deployed solar across the globe. In addition to these technologies, advancements in operational technologies and automated processes will help reduce operational expenditure of new sites, further optimising solar’s cost benefit over other asset classes. WoodMac has also stressed that its outlook only factored in technologies that have been demonstrably commercialised and are being deployed today. Further innovations and technological breakthroughs in next-generation solar technologies could provide even further upside to its outlook. “As the world strives to recover from the economic slump caused by the COVID-19 pandemic and simultaneously meet the climate and environmental goals of the Paris Agreement, solar is uniquely placed to advance efforts towards a low-carbon, sustainable future,” Ravi Manghani, research director at WoodMac, said. The research house has, however, warned about the risk of solar becoming a victim of its own success. Price cannibalisation has long been a concern of solar developers and asset holders, and the report states falls in wholesale power prices – triggered by the influx of zero marginal cost renewables on national grids – could dent profitability. Furthermore, that risk could have a negative impact on investment appetite, which WoodMac regards as a potential limiting factor to solar’s rise, alongside electric transmission capacity and the development of battery technologies, the latter considered critical to facilitating greater proliferation of solar, as attested to by the fact numerous developers and utilities now hold battery storage pipelines. “Once a niche technology in the off-grid space, solar is now one of the cheapest, most efficient and easily deployable means of generating electricity,” Manghani added. WoodMac’s report follows a slew of other forecasts from industry analysts, all of which predict a staggering period of growth for solar PV over the coming years. Earlier t...