In a current interview withPV Tech at WFES 2024 in Abu Dhabi, Enertrack R&D director Fred Xia stated: “Products with high power generation effectiveness and resource utilisation will be more popular, and even end up being the very first option in the market. The application of bifacial modules and tracking systems can improve the system’s power generation performance and light utilisation, particularly when bifacial modules and tracking innovations are used in tandem. Such style can increase the power generation capability of solar PV power stations and assistance owners to enhance the job’s roi.”
What items does Enertrack deal, and what is the status of your yearly capability production?
Fred Xia: We concentrate on the research study, advancement and shipment of ingenious yet versatile solar PV tracking options and are devoted to supplying consumers with system-level and full-lifecycle options.
Presently, our items consist of wise tracking system options, versatile installing system services, and roof or ground-mount set tilt system options. Enertrack is deeply dedicated to the market’s advancement and has actually formed a big R&D centre and 5 production bases, with a yearly production capability of 10GW.
What has Enertrack accomplished in the previous year? Which are the primary markets for the business?
As an emerging force in the solar tracker market, Enertrack has actually constantly concentrated on establishing our product or services given that its creation. We delighted in excellent development in 2015. Since completion of 2023, Enertrack has actually signed agreements with a capability of more than 4GW. The jobs cover more than 30 provinces or areas in China, along with abroad markets. Enertrack has actually made an application for more than 100 patents, consisting of over 30 creation patents.
What are your prepare for this trade convention in the Middle East? What are your concepts for this market?
According to data from BloombergNEF (BNEF), the area’s built up solar PV setup capability has to do with 27GW. In 2015, about 8GW of capability was included in the area.
New PV setups are anticipated to increase to 12GW in 2024, growing by more than 50%. In 2025, capability additions will increase to around 14GW.
When it pertains to the conditions of establishing solar PV systems, the Middle East and North Africa (MENA) area is blessed with sufficient light resources, with the typical yearly solar radiation typically above 2,000 kWh per square metre– a quantity greater than China’s northwestern area, where solar PV systems are the most focused.
Relating to policy assistance and rewards, local powers such as Saudi Arabia, the UAE, and Egypt have, over the last few years, proposed renewables advancement objectives, carbon neutral preparation, and associated assistance policies, consisting of tax breaks and aids.
In general, the Middle East solar PV market will continue to prosper, bring in more business and financiers to establish their organization in the Middle East area. Enertrack will offer steady and top quality personalized options for the Middle East market.
Image: Lili Zhu Cost decrease and chosen items in the market
The rate of solar modules has actually reduced because this year’s very first quarter. What are your viewpoints on this matter from a solar tracker point of view?