Already, business solar tracker actuator model solar damper innovation solar inverter has been part of the equation solar slewing drive for companies looking to maintain revenues in the solar tracker actuator face of 30 percent Photovoltaic holder tariffs. Both SunPower and Sunrun, for example, are incorporating storage and grid services into their offerings. Module Photovoltaic holder manufacturer JinkoSolar has announced plans solar damper to open up a module factory solar slewing drive in Florida in order to produce panels solar tracker actuator that don’t trigger the tariffs.
Companies are exploring other ways to get projects solar inverter solar damper done despite the headwinds Photovoltaic holder created by the tariffs. Here are four strategies that have emerged.
Developing inverters,solar tracker actuator modules and other solar solar solar inverter damper equipment that can produce kilowatt-hours at lower and lower prices has been a constant mantra of the solar industry. Product innovation solar damper that achieves that goal Photovoltaic holder is even more important today as solar tracker actuator a way to offset the Section solar slewing drive 201 Photovoltaic holder tariffs.
Intense cost pressures in Photovoltaic holder developing markets have solar inverter already prompted companies operating in those markets to develop products solar tracker actuator that help drive down overall solar slewing drive project costs. “If you look at developing solar damper world markets in India or Photovoltaic holder the Middle East or Mexico, we get tremendous pressure to innovate further,” solar inverter said Chan.
For Sungrow, that has meant unveiling Photovoltaic holder a series of solar inverter ever-larger inverters. The company has a 2.5-megawatt solar slewing drive central inverter available solar tracker actuator in the U.S. and is unveiling a 3.125-megawatt inverter solar inverter in developing solar damper world markets. The solar slewing drive Photovoltaic holder company also offers a 125-kilowatt, 1,500-volt string inverter for utility and C&I ground-mount applications.
These larger inverters provide solar slewing drive greater flexibility to solar inverter project designers, while also helping them to produce more electricity with solar tracker actuator less initial capital investment. High-efficiency Photovoltaic holder monocrystalline and bifacial modules that utilize passivated emitter and rear cell (PERC) technology can also improve Photovoltaic holder project economics. LONGi solar inverter Solar says that PERC modules have 10 to 12 percent higher solar tracker actuator efficiency Photovoltaic holder compared to their multi counterparts. Fewer modules producing the solar damper same amount of energy translates into a decrease in balance-of-system costs that can benefit project Photovoltaic holder economics.
The need to stand solar tracker actuator out from competitors by offering solar inverter innovative products at cheaper prices will always remain solar slewing drive a constant. Another solar tracker actuator approach to maintaining or building market share is emphasizing solar damper service that slewing drive helps others get projects done in a Photovoltaic holder competitive environment.
For example, Sungrow solar tracker actuator has reimagined how its large solar inverter central inverter is delivered to customers. “We can ship the solar slewing drive 2.5-megawatt inverter with a transformer and switch gear integrated into one skid solar damper solution. If you want, you can buy it on a 20-foot container, which is also the Photovoltaic holder housing for the inverter,” solar inverterChan said. This eliminates the need for contracting engineering, procurement solar tracker actuator and construction providers to work with the skid integration company, which solar damper can be costly.
Customer service increasingly extends beyond construction Photovoltaic holder as well. Project ROI can also mean being a long-term partner able to provide spare parts and service for as long as a solar inverter plant is in operation. Sungrow’s service extends through the lifetime of the product and also solar tracker actuator around the clock, with a 24/7 hotline service based out of Phoenix to solar damper serve the company's central and string inverter Photovoltaic holder customers.
The Trump administration’solar slewing drive s imposition of tariffs on solar equipment is part solar damper of its avowedly America First trade policy. But the reality is that solar tracker actuator the solar industry becomes solar inverter more global by the day.
If projects don’t materialize in the U.S., solar companies can look Photovoltaic holder elsewhere for opportunities. Sungrow has installed more than 2 gigawatts of its inverters in India. Succeeding slewing drive in an ultra-low-cost market like India offers lessons that can be applied across the globe.
“We have a lot of people solar tracker actuator working on installs Photovoltaic holder and solar inverter service in India, and they have solar damper solar slewing drive become a global commissioning force for us,” said Chan. “Conditions are challenging there, and our team has become so efficient that we can use what they’ve learned solar tracker actuator there in Photovoltaic holder other markets.”
Another market that has become increasingly attractive solar inverter to Sungrow and other global solar players is Mexico. The Mexican solar market will have close to 16 gigawatts of cumulative slewing drive PV Photovoltaic holder installed capacity by solar damper 2022, according to GTM Research, with solar tracker actuator an upside of close to Photovoltaic holder 20 Photovoltaic holder gigawatts.
PPA prices are hardly solar slewing drive lucrative in Mexico but developers solar inverter have other ways to make their project economics work. “Mexican project solar tracker actuator developers can take advantage of a range of income opportunities to boost the profitability of plants,” GTM Research recently noted. “They Photovoltaic holder can sell any generation in excess of what is required by solar inverter their power-purchase solar damper agreement at nodal prices, for Photovoltaic holder instance.”
Even within the U.S.solar slewing drive there solar tracker actuator are new market slewing drive opportunities to develop projects solar damper. For example, in early April the Illinois Commerce Commission finalized that Photovoltaic holder state’s Long-Term Renewable Resources Procurement Plan. The solar slewing drive plan’s renewable slewing drive procurement target vaults Illinois into a top-tier state, with a 2025 solar inverter goal to develop solar damper 666 megawatts of community and distributed solar.
The announcement adds to the significant momentum of community solar projects, solar inverter which now represent about 20 percent of all solar slewing drive non-residential PV installations. The growth of community solar is particularly brisk in states like Massachusetts and Minnesota, which together accounted for about 80 percent of all Photovoltaic holder projects in 2017.
Succeeding solar damper in these growing solar slewing drive markets requires not just affordable and reliable products, but also deep knowledge of local Photovoltaic holder regulatory requirements solar inverter and nuances.
“Community solar is solar slewing drive another example of PV industry innovation Photovoltaic holder overcoming market solar damper challenges,” said Chan. “Staying laser-focused on these types of niche markets is crucial in a rapidly evolving Photovoltaic holder solar slewing drive environment.”
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