Net metering system that uses a rebate mechanism to…

Net metering system that uses a rebate mechanism to…


Gurugram, India, Aug. 01, 2022 (GLOBE NEWSWIRE) —

  • In April 2022, Trina Solar Co., Ltd launched the Vertex S+ series of modules for European rooftops. It features features such as a double glass design, 210mm N-type Vertex cells and is designed for maximum compatibility and easy installation.
  • In September 2021, Hanwha Q CELLS participated in Berlin’s “Solar City Masterplan”, an initiative created to help the city become carbon neutral. The company participated with a plan to equip the roofs of commercial and residential buildings in Berlin with solar PV panels to provide users with clean and environmentally friendly electricity.
  • In September 2019, JinkoSolar Holding Co., Ltd signed a contract with METKA GEN for 300MW of JinkoSolar’s ultra-high efficiency Cheetah modules to be installed in a solar power plant in Caceres, Spain. (“The Talasol Project”). This project is one of the largest major projects in Europe and is intended to set standards in Europe with regard to inexpensive and subsidy-free solar energy.

Net metering and self-consumption guidelines: The European solar market is powered by a net metering system that uses a rebate mechanism to balance the energy supplied and purchased annually. Net metering is driving growth for solar PV, particularly in Denmark, Spain and Italy. The drastic reduction in FIT and the increase in grid parity make it easier to integrate renewable energy systems for net metering and self-consumption.

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Integrated market structure: The presence of a number of highly experienced facilitators ranging from wafer fabricators, module manufacturers, project developers to installers provides an integrated structure for rapid market growth. High installation brokers for solar photovoltaic are responsible for creating quick projects and low installation costs.

Innovative application such as BIPV and Agri-PV: Innovation is one of the main drivers for the growth of solar panels…


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