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...

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It’s said that the solar plant is located at the golf course, utilized Antaisolar aluminum ground mounting system with concrete foundation, and it had been completed the installation and grid connected. In the early stages of the project, it can be seen that gasoline tanks was adopted to shape the concrete, which help to construct a solid foundation. The aluminum mounting structure was delivered with pre-assembly in factory, which can be unfolded on site to make installation much more easier and thus largely saving labor costs. Based on 15 years commitment in solar mounting system, Antaisolar can offer tailor-made solar racking solution to meet any needs. More projects at :https://www.antaisolar.com/news/searchpcb

The solar tracker plant located in Thailand is under smooth installation and expected to be completed at the end of October, 2021. Antaisolar provided Ant-Surface tracker with three linear-actuator drive through electric synchronously. Project background -Location: Thailand -Wind Speed: 27m/s -Project field temperature: -10℃-+60℃ -Installed: Oct, 2021 -Size of system: 1.24MW Product details - Module orientation: 1P Portrait - Foundation type: Concrete -Minimum ground clearance :500mm - Module brand: Jinko solar 495W -Modules per string:14 -Rail material: Galvanized carbon steel - Post: Galvanized carbon steel - Warranty: 5 years drive and control, 15 years structure Special Features Of The Ant-Surface solar tracker • Adopted synchronous multi-point actuator offering greater stability • Fast installation by easy-installed actuator, only require one single person • Self-developed SCADA platform offer real time monitoring and O&M to ensure normal operation • Tracking algorithm: astronomical algorithm+ intelligent algorithm, optimizing tracking angle for each controller to avoid shadow and for low irradiation condition and scattering lights during cloud days. • Approved by CPP wind tunnel test for greater stability Check out more Antaisolar’s solar tracker solutions at here: https://www.antaisolar.com/project-news_nc4 and find video for this project at below.

Indonesia is aiming to deploy an additional 4,680MW of solar by 2030 as part of efforts to reach net zero carbon emissions by 2060. Energy minister Arifin Tasrif said a new 2021-2030 master plan will see Indonesia source 51.6% of its added power capacity by the end of the decade from renewables, while the remainder will be new fossil fuel plants. Speaking during a virtual presentation today (Tuesday), Tasrif said the country’s projected annual increase in electricity demand over the next decade has been lowered to 4.9%, down from a previous estimate of 6.4%, due to the pandemic impacting economic growth. To reach the goals included in the master plan, the government expects independent power producers to play a larger role in the development of renewables projects over the coming years. Tasrif also said that the government will encourage the development of interconnection between Indonesia’s main islands to improve electricity reliability and increase renewables penetration. The strong potential for Indonesia’s solar sector was revealed in a report published in July by Wood Mackenzie, which suggested the country may become the fastest-growing PV market in the Asia Pacific region by end of the decade. Growing from a base of 300MW, the country’s solar capacity could reach 8.5GW by 2030, according to the research firm, which said the PV sector could be supported by a US$600 million loan from the Asian Development Bank to help Indonesia’s state-owned power company PLN expand electricity access and promote renewables in eastern Indonesia. PLN’s solar development efforts have already seen it form a joint venture with Masdar to construct a 145MWac floating solar project at a reservoir in West Java. The partners recently reached financial close for the Cirata plant, which is now under construction and due to begin commercial operation by the end of 2022. Singapore-based solar developer Sunseap Group also revealed plans to develop what it says will be the world’s largest floating solar project on Indonesia’s Batam Island. The 2.2GWp installation plant is slated for completion in 2024, when it will provide energy locally as well as potentially to Singapore via a subsea cable.