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Market Insights – August 2024

YOUR SOURCE FOR NEWS, TRENDS AND EVENTS IN THE GLOBAL SOLAR & STORAGE INDUSTRY!

   
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Source: EUPD Research 2024

According to the PV InstallerMonitor© | EES InstallerMonitor© 2023/2024  survey by EUPD Research, procurement of PV components is primarily conducted through wholesalers, although distribution depths are changing. Comparing European countries and Australia, wholesalers remain the leading channels, and the direct purchase of modules is consistently higher than that of all components. High-installation countries have distribution rates that are partially twice the European average. For example, Germany has a module distribution rate of 39%, more than double the European average of 19%. Sun-rich countries, such as Spain and Portugal, show significantly lower figures in this area, with a share of about 10% for direct module procurement. Nonetheless, there is a general trend towards diversification of supply channels by installers, especially in the procurement of inverters, storage systems, and indirectly acquired PV modules.

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Enjoy a wide range of events and workshop sessions about the global solar and storage industry. Take a look at upcoming events hosted and supported by JF4S, IBESA and the Solar & Storage DigiCon!

The preparations for the 11th edition of our IBESA U.S. Energy Storage Day during RE+ in Anaheim are well under way! We have two exciting and interactive workshop sessions in store for you, during which expert speakers will discuss topics ranging from the latest dynamics driving energy storage market growth in the United States, up and coming technologies and innovations, and more:


08:00 AM – 12:00 PM 101: Doing Successful Energy Storage Business in the United States: Latest Trends and Market Opportunities


12:30 – 05:00 PM | 201: Advanced Topics in Energy Storage: Innovative Business Models, Technological Breakthroughs and System Intelligence


Join us on September 09, 2024 at 8 AM PT for the 11th IBESA US Energy Storage Day!

VIRTUAL EVENTS

   

A Deep Dive into the European Energy Transition #3 – Energy Storage | Aug 01, 2024 | SSDC

We brought back an exclusive interview with Sigenergy from The smarter E Europe 2024 for you!

The Solar & Storage DigiCon provides you with on-demand experiences including webinars, presentations and insights into important industry players. Don't have an SSDC account yet? No worries! To gain access, all you have to do is to register for free! 

   
   

MORE UPCOMING EVENTS

   

Solar PV & Energy Storage World Expo 2024 

August 08-10, 2024 | Area B, China Import & Export Fair Complex

Mark your calendars for the Solar PV & Energy Storage World Expo 2024, spanning an impressive 150,000 square meters. This event will seamlessly integrate upstream, midstream, and downstream industry resources, establishing itself as a comprehensive business procurement platform.

Prêmios EUPD Research & Intersolar | Installer Brasil 2024

August 28, 2024 | 6-7 PM PT | Intersolar Innovation & ApplicationStage (Blue Pavilion)

The Installer Award is being presented for the second time in Brazil, organized by EUPD Research and Intersolar South America, and sponsored by Solis and Thornova. This award recognizes outstanding installers in the solar industry for their innovation and high-quality installations.

Solar Made in the USA – How to Manufacture Solar Wafers, Cells and Modules Competitively in the United States

September 09, 2024 | 09 AM PT 

| Anaheim Convention Center

A content-driven 1-day event format that will provide a platform for all stakeholders active and looking into solar manufacturing in the US. Gain a 360-degree view on manufacturing along the silicon value chain in 4 sessions a 90 min.

Future Battery Forum

November 5-6, 2024 | ECC Berlin

Discuss the hottest topics and learn more about the latest innovations and trends, make valuable new leads and find new business partners and forge new collaborations at this exciting event! 

Get 20% off your Ticket with our exclusive code: FBF24IBESA.

   
   
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EGingPV was Selected as the Smart Manufacturing Factory of Jiangsu Province in 2024 | July 30 

Recently, the Jiangsu Provincial Department of Industry and Information Technology announced the "2024 Jiangsu Province smart Manufacturing Factory recognition List", EGingPV was successfully selected with the "photovoltaic cell module smart factory". __________________________ 

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Summer Strategies for Energy Storage Systems: Staying Cool and Efficient | July 30

Thanks to their smart technology and innovative features, RENAC’s energy storage systems show strong adaptability and stability in the summer heat. Together, they can tackle every challenge of the new energy era, creating a green and low-carbon future for everyone.

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All-in-One C&I Energy Storage System | July 30 
EnerBlock is a high-performance outdoor energy storage cabinet. Ideal for C&I use, it supports backup power, peak-load shifting, and new energy generation. Its all-in-one design includes battery modules, PCS, PDU, FSS, TCS, IMS, and MPPT, ensuring easy installation and maintenance. The BMS and EMS systems provide real-time monitoring and intelligent management, ensuring safe and efficient operation. EnerBlock adheres to international standards and undergoes rigorous testing for reliability and safety.

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New Milestone! Dyness has Served 500000+ Users Globally! | July 25 Dyness proudly announces that they have served over 500,000 users worldwide! Looking ahead, Dyness is committed to driving innovation and product excellence to advance the digital energy landscape. Their mission is to advance digital energy development and lower energy acquisition costs, providing their customers with top-notch products and services. Together, they aim to contribute to the sustainable development of the world.

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WEIHENG ECACTUS Ranked by BloombergNEF as Tier 1 Global Energy Storage Manufacturer | July 24  

BloombergNEF (BNEF) recently released its research report titled “BNEF Energy Storage Tier 1 List 3Q 2024”. WEIHENG ECACTUS ranked on the world’s tier 1 list due to its safe and reliable product design, industry-leading system efficiency, high Return on investment (ROI) projects, and integrated digital energy solutions including Virtual Power Plants (VPP), peak shaving, self-consumption and dynamic tariff SaaS service.

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The Disruption of AI Across Industries: A Spotlight on the BESS Secot | July 23

Artificial Intelligence (AI) is revolutionizing industries across the globe. From enhancing diagnostic accuracy and personalizing treatment plans in healthcare, to enabling the development of autonomous vehicles in the automotive industry, AI's impact is transformative and far-reaching. This technological disruption is also present in the renewables industry, especially in the Battery Energy Storage Systems (BESS) industry.

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ZNSHINE SOLAR Celebrates 70MW Milestone in Sri Lanka | July 22

Exciting news from Sri Lanka! Following the official establishment of their corporation at SNEC PV POWER EXPO 2024, ZNSHINE Solar's Sri Lankan distributor, E Green Lanka (Pvt) Ltd, and EPC partner, MICRO PC SYSTEMS, have achieved impressive results by supplying a total of 70MW of solar modules this year. This milestone highlights the growing local demand for solar and renewable energy. ZNSHINE SOLAR is proud to provide sustainable energy solutions with their reliable partners, contributing significantly to the development of the local market.

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Hypontech Listed Among Global Top 9 Single-Phase Inverter Suppliers by Wood Mackenzie | July 18

Hypontech, a leading technical innovation company has been ranked among the top 9 global single-phase inverters suppliers in 2023, according to data released by the prominent international energy research organization Wood Mackenzie.

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LEGAL NOTICE
CEO: Markus A.W. Hoehner | Hoehner Research & Consulting Group GmbH 

Adenauerallee 134, 53113 Bonn | Commercial Register: AG Bonn 19569

Phone: 0049 228 50436-0 | Email: welcome@hrcg.eu


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