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Tag: panels

  • US waives tariffs on Vietnam solar panels

    US waives tariffs on Vietnam solar panels

    Joe Biden has waived tariffs on solar panels exported from Vietnam and three other Southeast Asian countries for two years amid rising demand for renewable energy in the U.S.

    The tariff exemption will also apply to panels from Cambodia, Malaysia and Thailand and serve as a “bridge” while U.S. manufacturing ramps up, the White House stated Monday.

    Solar energy is among the fastest growing sources of new electric generation in the United States, and Southeast Asia made up around three-quarters of solar modules imported to the U.S. in 2020, the White House said.

    Vietnam has risen as a solar power hotspot in recent years thanks to the government’s incentive feed-in tariffs to attract investors.

    In the first four months this year, solar plants accounted for 10.9 percent of total power production, according to state-owned utility Vietnam Electricity.

    Hong Kong-based Jinko Solar, one of the largest solar panel manufacturers in the world, received an investment license for its $498 million project in northern Vietnam last year and launched its plant in January.

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  • Two new solar power plants built in southern province

    Two new solar power plants built in southern province

    Dau Tieng 5.1 and Dau Tieng 5.2 solar power plants are expected to start construction in Q2, with an investment of VND3.56 trillion ($157 million).

    With a capacity of 225 MW each, the two power plants will cover 332.5 hectares at Dau Tieng Lake in the southern province of Tay Ninh. Construction is expected to complete in April, 2023.

    The operational time of both projects is 50 years.

    Their investor, Xuan Cau Holdings, had constructed three other solar power plants around Dau Tieng Lake with a total operating capacity of 500 MW.

    Tay Ninh now has about 10 operational solar power projects with a total design capacity of 808 MW.

    According to state-owned Vietnam Electricity (EVN), as of 2021, Vietnam was among the top 10 countries with the highest solar power capacity at 16,504 MW, accounting for 2.3 percent worldwide.

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  • Sharp to launch new solar power plant in central Vietnam

    Sharp to launch new solar power plant in central Vietnam

    Japanese electronics giant Sharp Corporation will begin operating a 45 MW solar power plant in the central province of Ninh Thuan in July. The plant is a joint venture between Sharp Energy Solutions Corp., a subsidiary of Sharp Corporation, Vietnam’s T&T Group JSC, and its affiliate Ninh Thuan Energy Industry JSC.

    The new solar plant is expected to generate 76,373 MWh of electricity per year, enough to meet the average annual demand of 40,500 Vietnamese households. It can offset the equivalent of 25,458 tons of carbon dioxide (CO2) emissions a year, Sharp said in a recent statement.

    Japanese news agency Kyodo News quoted a spokesman of the giant as saying that Sharp has been pushing its solar power business in Asia, having built plants in Thailand, Indonesia, and Mongolia, on the back of expected growth in consumption of electricity.

    Solar power currently accounts for 0.01 percent of Vietnam’s total power output, but the government plans to increase the ratio to 3.3 percent by 2030 and 20 percent by 2050.

    Vietnam currently relies largely on hydropower and thermal power for its electricity needs, but its hydropower potential is almost fully exploited and oil and gas reserves are running low.

    Under its energy development plan, Vietnam aims to have renewables, mainly solar and wind, account for 10.7 percent of total energy production by 2030.

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  • Apple has ordered 70 million OLED panels from rival Samsung for upcoming iPhone 8

    Apple has ordered 70 million OLED panels from rival Samsung for upcoming iPhone 8

    Shares of Samsung Electronics got a boost on Tuesday after the report that archrival Apple had ordered 70 million display panels that the South Korean giant specializes in for the upcoming iPhone. Samsung’s stock closed at 2.1 million Korean won, posting a rise of 1.54 percent.

    Citing a supply chain source, Nikkei reported that Apple has placed orders for bendable organic light-emitting diode panels for use in 70 million handsets for the year. OLED offers brighter displays and better power efficiency over liquid crystal displays currently in use.

    Samsung’s OLED displays are used on its own flagship Galaxy devices, and the company is a market leader in the area. Apple is expected to launch three new iPhones later this year, with the anniversary edition iPhone 8 believed to have a slightly curved 5.2-inch OLED screen. This will be the most expensive model. The two other iPhones will have LCD displays. It would be the first time Apple has used OLED displays on its flagship device.

    Quoted IHS Markit analyst David Hsieh as saying that the order for 70 million units of OLED panels is in line with his expectations. He added that Samsung is expecting to produce as many as 95 million units for Apple in 2017, in case demand exceeds expectations. Hsieh also said Samsung is likely to be the sole supplier.

    “It is also possible that some of these 70 million handsets will not be shipped to customers this year and be carried over to next year depending on demand,” Hsieh told.

    The 70 million unit figure gives a sense of the kind of bullish demand Apple is expecting for the anniversary model, which some analysts are suggesting could cost $900 to $1,000.

    But some analysts have said it’s not likely Apple will sell all 70 million OLED iPhones this year looking at previous performance. In the fiscal first quarter, which ended Dec. 31, Apple sold 78.2 million iPhones — latest iPhone 7 and 7 Plus models and older versions.

    Neil Shah, research director of devices and ecosystems at Counterpoint Research, said he expects Apple to be able to sell around 70 million iPhones in total in the final quarter of this year when it releases the new device. But again, not all 70 million will be the OLED devices.

    “Seventy-million units of the OLED iPhone is too high for me at this point,” Shah told.

    The likelihood is Apple will sell some of the OLED phones next year, and at least have some ready in case it sees a pop in demand.

    Leaks and reports suggest that the iPhone 8 could be the most advanced yet with new features such as a front-facing camera with 3-D sensor. Analysts are expecting this to kick of a “supercycle” of iPhone sales.

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