• Mar 13, 2023

Sunerise Energy, a leading supplier of solar panel and system solutions, made its debut at the Solartech Indonesia 2023 exhibition held at the Jakarta Convention and Exhibition Center. Jason Leung, executive director and president of the company, led the delegation as the team leader. The exhibition showcased a wide range of solar products with core competitiveness, attracting the attention of many exhibitors. Sunerise exhibited a variety of products designed for the Indonesian market, including the solar panel 550w, off-grid inverter with mppt charger controller, storage battery and other products. The 5kWh-30kWh, in particular, were designed to cater to the needs of local families. While a built-in smart grid management system can serve the function of power grid dispatching. Indonesia, a country with many islands, has an increasingly urgent demand for stable power supply. Indonesian government has set a target to achieve a 23 percent share of renewable energy in the country’s energy mix by 2025. The market potential for installing Rooftop Solar PV reaches over 116 GWp. Against such a backdrop, the Indonesian authorities have picked up the pace to implement renewable energy power generation projects and upgrade power grid infrastructure, propelling the development process of the country’s solar and energy storage industry. Sunerise’s products generated a lot of interest from potential clients from different industries, EPC companies, and distributors. Solartech Indonesia is one of the largest annual solar energy exhibitions in the country. The exhibition covers an area of about 15,000 square meters and attracts about 20,000 visitors. A total of 300 solar industry exhibitors from 20 countries attended, and a series of business meetings, forum meetings, and other activities were held concurrently to facilitate exhibitors to find target buyers. Sunerise is committed to focusing on customers and providing high-quality solar products and solutions. The company plans to further deepen innovation and research and development, and bolster the green development of Southeast Asia with technological innovation.

• Feb 08, 2023

According to the media,13 representatives of European PV equipment manufacturers(mainly comes from Germany)attended a one-day industry conferences and networking events in Washington DC.And they communicated and discussed with the US PV manufacturers.VDMA Photovoltaic Equipment, a division of the VDMA trade group representing German and European machinery manufacturers,and they organized this activity cooperated with American related institutes. Ultra Low Carbon Solar Alliance director,Michael Parr said,this meeting was aimed at connecting EU equipment suppliers with PV manufacturers expanding in the US.Ultra Low Carbon Solar Alliance is the co-sponsor of this activity. Parr said at this international conference that after the passage of the Inflation reduction act,the United States has for the first time specified a 10-year period to encourage the manufacturing of photovoltaic modules and the deployment of photovoltaic systems.  Lawrence Heath, a consultant at consultancy McKinsey & Co, said the market opportunity for U.S. photovoltaic equipment makers could be $1 billion to $1.5 billion by 2030, just by selling manufacturing equipment.He said, this forecast was based on the assumption that the US will add 50GW of PV module capacity by 2030.       To know more information about new energy, please contact SUNERISE Energy right now.As solar panel manufacturer and the provider of the solar solutions,we can answer all your questions about new energy and photovoltaic based on our 13 year professional experience.Our e-mail address: info@sunerise.com

• Jan 12, 2023

PV manufacturers said that the passage of the Inflation Reduction Act has opened a new door for the U.S. PV modules manufacturers,which will help encourage more PV modules manufacturers to invest in the U.S. There is no doubt that the Inflation Reduction Act is economically attractive to PV manufacturers,and open a door to unprecedented opportunities. For PV modules manufacturers,this law includes tax preference for domestically manufactured products, increase the investment tax credit for photovoltaic projects using domestic products (from 30% to 40%),and production tax credit related to specific products.But the real benefit is that it extends the time frame,with the law extends the credits and incentives for 10 years,bringing greater certainty for PV modules manufacturing investment for the first time. To know more information about new energy, please contact SUNERISE Energy right now.As solar panel manufacturer and the provider of the solar solutions,we can answer all your questions about new energy and photovoltaic based on our 13 year professional experience.Our e-mail address: info@sunerise.com

• Jan 11, 2023

It is a given that the U.S. Inflation Reduction Act has been praised as a game changer by American green energy pioneers. This law includes substantial funding in the form of renewable energy investment tax credits and production tax credits, manufacturing facility grants, and new business loans. There is another key measure for clean energy in Inflation Reduction Act,but the measure has received less attention from the industry:the transferability of clean energy tax credits.This problem is more tough than other measures,but it could have a more significant impact by reshaping much of the building and capital formation of the renewable energy market. Since the Congress passed Energy Policy Act in 2005,the U.S. government provides investment tax credits for renewable energy development.In almost 20 years after the installed PV system capacity came to 100GW, the U.S. has built PV industry with more than 250000 workers and And laid the foundation for the growth of the renewable energy industry.Although the monetization of tax credits is one of the more onerous financial structures for the construction, closure, maintenance and exit of renewable power generation facilities, these fees are increasing year by year. The renewable energy generation projects are very similar to other infrastructure projects.Renewable energy developers use upfront cash to cover costs such as land or property leases, engineering, permits and grid interconnection.Then the developers will find some combination of debt and equity,and provide funds for the construction and long-term ownership of renewable energy projects. What’s more, they can get a fixed return based on the basic contract signed by them. As a whole,Inflation Reduction Act’s budget for clean energy tax credits will have an incredible, necessary impact on the grid. Since the tax credit benefits are transferable,we wish every renewable energy projects are with larger scales,higher developing speeds and lower trade cost.As there aren’t direct methods to provide funds for the projects’ owners,this simple change of law structure can also make important impacts. To know more information about new energy, please contact SUNERISE Energy right now.As solar panel manufacturer and the provider of the solar solutions,we can answer all your questions about new energy and photovoltaic based on our 13-year professional experience.Our e-mail address: info@sunerise.com

• Jan 09, 2023

Last year has been an important turning point of the U.S. PV industry development.With the coming of 2023,the problem of COVID-19 related delays, trade enforcement, supply chain issues, and higher prices for PV components and transportation still exist.These adverse factors have led to the postponement and cancellation of many PV projects,and the project deployment did not meet initial expectations. With the passage of U.S. landmark Inflation Reduction Act,there was renewed optimism for the PV sector in the second half of 2022.The bill allocates a record $369 billion in funding for climate and energy measures.Abigail Ross Hopper, CEO of the Photovoltaic Industry Association of America, calls the next 10 years the "PV plus decade,",the installed PV and energy storage systems are expected to continue growing,spurred by spending plans.So, what will happen in 2023? As is the case with the new technology policy and adoption,the U.S. government will look to California as a typical case study for PV industry development.Specifically,Net energy metering(NEM) is a tool to measure the value of rooftop PV systems installed by residential users,it will again be a policy worth watching this year.The California Public Utilities Commission (CPUC) unanimously approved NEM 3.0 in 2022, which changes the payment mechanism for residential customers who install rooftop PV to send excess power to the grid. According to new MEM 3.0,California residential customers who install rooftop PV projects after April 15, 2023 will receive 75 percent less electricity than under the previous payment mechanism.The destructive effect on customer value will lead to a decline in rooftop PV system installations.According to the forecast from the research department ROTH Capital Partners,the installed rooftop PV system capacity in California is expected to fall by 30% year on year from 2022. The states of the U.S. are watching the residential PV industry development of California closely,to see how the states reply to the loss of PV system value.It is expected that the installation peak will come out before the April of this year, as many California residential customers rush to install rooftop PV systems before the adoption of NEM 3.0.The installation capacity of rooftop PV system may reduce rapidly after April.That's what happened in Nevada in 2017, when the state made a similar cut in net metering for the PV industry. California will serve as a testing ground to prove whether the California Public Utilities Commission (CPUC) is correct in its judgment that adoption of photovoltaic systems plus battery storage will grow as net energy metering (NEM) is cut. Recent analysis suggests that adoption rates are unlikely to increase because the new mechanisms undermine end-user value. Florida, Georgia, Idaho, Michigan, Vermont and many other states have had their NEM policies changed or blocked in the last year, and 2023 could be a key year for implementing the policy. The Inflation Red...

• Dec 26, 2022

According to the US PV Market Insight 2022 report from Wood Mackenzie and U.S. PV industry association, the U.S. PV system installation capacity was 4.6GW in the third quarter of this year,it increased 17% compared to the third quarter in 2021. Trade barriers and the supply chain disruptions were main reasons for the U.S. decreasing installed capacity of PV systems.The public utility of PV system installation was seriously hard hit,it dropped 36% compared to the third quarter in 2021. The residential PV system was the only subdivided industry that increased in this historical quarter,which was installed 1.57GW in the third quarter in 2022.It increased 43% compared to the same period last year, and 16% compared to last quarter. Wood Mackenzie forecasts that the U.S. installed PV system capacity will be sustain 30~40GW each year from 2024. This forecast didn’t take new anti-dumping and countervailing duties(AD/CVD) into consideration,which could result from the tariff case.The U.S. president Joe Biden ordered a two-year moratorium on new tariffs,and wins time for the U.S. PV industry expansion. But this ban is set to expire in June,2024. To know more information about new energy, please contact SUNERISE Energy right now.As solar panel manufacturer and the provider of the solar solutions,we can answer all your questions about new energy and photovoltaic based on our 13 year professional experience.Our e-mail address: info@sunerise.com

• Dec 13, 2022

Currently industry experts indicated at the Italian Photovoltaic Forum  in Rome,the Italian photovoltaic market would grow rapidly in the next two years.They expect that the Italian government to issue more permits for photovoltaic projects.The installed PV systems will grow to 4GW in 2023,and 8GW in 2024. It is expected that the Italian installed photovoltaic system capacity to grow exponentially in the coming two years, the growth is mainly driven by the industrial sector,according to the Italian Photovoltaic Industry Association. Paolo Rocco Viscontin, CEO of Italia Solare Company said in the interview from industry media at Italian PV Forum,”the capacity of PV systems installed in Italy last year was almost 1GW, which is doubled to about 2GW in 2022.It is going to double in 2023 compared to this year, and double again in 2024,so it will be 4GW and 8GW.” The capacity of PV systems installed by industrial sector grew fastest,followed by ground-mounted PV systems. To know more information about new energy, please contact SUNERISE Energy right now.As solar panel manufacturer and the provider of the solar solutions,we can answer all your questions about new energy and photovoltaic based on our 13 year professional experience.Our e-mail address: info@sunerise.com

• Dec 13, 2022

PV's share of Indian total power generation reached a new high proportion of 5.85% in the first half of FY2022(from April to September),according to the research data released by Indian Central Electricity Authority in October this year.This makes PV systems be the main source of renewable energy in India,second only to large-scale hydropower felicities. After generating more electricity from photovoltaic systems than from wind turbines last year,the photovoltaic systems electricity generation is also more than the wind turbines this year. In the view of photovoltaic generation,it increased rapidly in the first half of FY2022.During April 22th and September 22th,the total generation of PV systems was 48,013.99 million units (MU) .And in the first six months of FY2021,Indian PV systems total generation was 34151.63 million units (MU). Although the total power generation of PV system in the second half of the first half of FY2022(July to September)was lower than the first half(April to June).After the PV capacity reduced 15% in July,the PV power generation is still continue increasing.India generated 7428.25 million units (MU) of PV capacity in August this year，compared to 8207.72 million units (MU) in September. A comparison of photovoltaic capacity between August and September this year shows a 10 percent month-on-month increase. A comparison of PV capacity between September 2022 and September 2021 shows a 51% year-on-year increase. Although India still has a long way to go to achieve its goal of adopting 500GW of renewable energy by 2030, the first half of FY2022 data shows that PV capacity is very substantial. According to the public data,till October 2022,India had a total installed renewable energy capacity of 119,092.59MW and total renewable energy generation capacity of 14,238.57 million units (MU).This includes almost all the renewable energy power generation(wind power,PV power,Biomass, small hydropower and other energy sources) India installed capacity and power generation data of PV systems in FY2021 and FY2022 are shown below: If you compare India's renewable power generation in October 2022 and October 2021, you can see an increase of 126.57% year on year and a 140.17% increase in photovoltaic power generation. During April 22th and October 22th in 2022,Indian total renewable energy generation capacity was 124063.88 million units (MU).What’s more,during April 21th and October 21th in 2021,Indian total renewable power generation capacity was 104868.02 million units (MU), it’s seen that a growth of 118.3% year on year, the PV generation capacity also increased by140.57%. To know more information about new energy, please contact SUNERISE Energy right now.As solar panel manufacturer and the provider of the solar solutions,we can answer all your questions about new energy and photovoltaic based on our 13 year professional experience.Our e-mail address: info@sunerise.com

• Dec 09, 2022

Currently the Natural Gas Company of Indian Limited(GAIL) has issued a tender,the winning bidders will complete design, supply, construction, installation, testing and trail operation of the 600MW(6×100MW) PV system,which is located in Khavda Photovoltaic Park in Kutch district, Gujarat. The successful bidders are responsible for 10-year operation and maintaining work for the PV system.According to the foreign media. Only the suppliers invited to tender by Natural Gas Company of Indian Limited(GAIL) are allowed to take part in this tender,the winning bidders must complete the various project work in 15 months since the sign of the agreement. The deadline for the bidders to submit of bidders is Dec.7th,2022. And the bid opening will be in the next day. Bidders will have to submit 2.5 million rupees ($30,778) as a deposit. The winning bidder must provide an amount equal to 3% of the contract value as a performance bond. The winning bidder shall submit a bank guarantee of Rs 1 lakh /MW (about US $12,315 /MW). Photovoltaic modules produced by manufacturers should be valid for 25 years. The PV module should also have a performance guarantee that the PV module needs to generate more than 90 percent of its power within 10 years and 80 percent of its power within 15 years. In addition, photovoltaic modules should have a 98% + performance guarantee in the first year of installation. If the tenderer expects that in the first year and any subsequent year, if the degradation of the PV modules exceeds the allowable limit, they will have to install additional PV modules to provide their guaranteed power generation throughout the operation and maintenance period, thus avoiding the breach of contract award. Natural Gas Company of Indian Limited(GAIL) tender the Project Management Consultant(PMC) in August in this year.A 10MW surface PV power project will be constructed at the Vijaipur complex operated by the company in Guna district, Madhya Pradesh.  What’s more,Natural Gas Company of Indian Limited(GAIL) had sent announcement to PV project,Procurement and Construction(EPC) contractors and Operation&Maintenance(O&M)service providers. To know more information about new energy, please contact SUNERISE Energy right now.As solar panel manufacturer and the provider of the solar solutions,we can answer all your questions about new energy and photovoltaic based on our 13 year professional experience.Our e-mail address: info@sunerise.com