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  • Top PV module suppliers by shipment volume in Q1, 2024
    Top PV module suppliers by shipment volume in Q1, 2024
    In Q1 2024, Rongstar Energy proudly announced that the five PV modules distributed by Rongstar Energy ranked among the top ten in solar module shipments,they are Jinko Solar, JA Solar, LONGi Solar, TW Solar, and Risen Energy. The total shipment volume of these PV modules exceeded 61 GW in Q1 2024, surpassing industry expectations. The top 10 brands collectively delivered around 98 GW, capturing nearly 86% of shipments, underscoring intensified concentration. The market dominance of the top 4 brands, maintaining operating rates above 60% and exceeding 85% in March, has led to increased market concentration. Lower-ranked brands experience fluctuating operating rates, sometimes dropping below 20%. Tenders from state-owned enterprises are driving prices down, with n-type modules reaching as low as CNY 0.79/W and p-type at CNY 0.74/W. Despite some prioritizing production over profit, lower-ranked brands face limited opportunities in this competitive landscape. The thresholds for top brands have doubled since 2023, with the Top 10 now surpassing 4 GW and the Top 15 exceeding 1.6 GW. This signals rapid growth in shipment volumes by leading manufacturers, squeezing out space for other brands to survive. The combined shipment targets of the Top 4 and Top 9 brands exceed 370 GW and 570 GW, surpassing the total global demand for modules this year. Brands ranked 14-23 are in a battle for survival, fighting over the last piece of the pie. With over 90% of the market share secured by leading manufacturers, the remaining space is minimal.
    - May 13, 2024
  • TSUN is a leader in microinverter safety with EMC compliance!
    TSUN is a leader in microinverter safety with EMC compliance!
    Recent discussions have brought renewed attention to the EMC (electromagnetic compatibility) concerns associated with microinverters. There is concern that microinverters that exhibit EMC issues could cause electromagnetic interference to electrical devices and wireless connections. In response to these concerns, TSUN reiterates that all microinverters it exports currently meet the relevant requirements of the German PV industry, including the EMC standard EN62920:2017.   In September 2023, TSUN, as a responsible company primarily focusing on user safety, conducted comprehensive EMC testing. Given the variability of test results due to different laboratory environments, testing was conducted at the VDE laboratory headquarters in Offenbach, Germany.   The testing and certification efforts of the VDE Institute are known for adhering to the highest German quality and precision standards and enjoy international recognition. Your testing laboratory is accredited according to DIN EN ISO/IEC 17025 and is a recognized testing laboratory (CBTL) in the IECEE international certification system (CB system). Successfully passing the EMC tests ensures that users can enjoy an uninterrupted internet connection and radio signals without interference from the microinverter, increasing the safety and reliability of their solar systems. As a leader in the microinverter industry, TSUN remains committed to improving the safety and reliability of microinverters throughout their life cycle, providing a solid guarantee for the stable and efficient operation of home photovoltaic systems. In addition, TSUN continues to innovate within its product lines and will introduce a range of balcony storage and micro storage series products this year to further support the future of sustainable energy.   TSUN is Rongstar’s inverter cooperative brand, and we are confident in the quality of TSUN products. Currently, TSUN microinverters are in stock at Rongstar’s regional warehouses worldwide. To learn more about TSUN products, please click the link below:https://www.rongstar.com/tsun
    - May 06, 2024
  • Review of RongstarGlobalExpo recently!
    Review of RongstarGlobalExpo recently!
    What a fun two weeks for us! The #Rongstar Energy team had the incredible opportunity to showcase our services in #Germany and #Poland. For the last two weeks, we showcased our energy products Solar panels, Solar Inverters, and Solar mounting systems through the exhibition area, which have the potential to solve your energy needs and contribute to sustainable development.   It was amazing to have been able to connect with everyone who made it by our booth this time and communicate with our team members face-to-face!  We look forward to creating stronger business relationships with our current customers and building new ones. Rongstar will collaborate with more leading photovoltaic brands in the future to provide European customers with more reliable and efficient photovoltaic products.  Stay tuned for more updates and collaborations as we work together to drive the adoption of clean energy solutions and build a sustainable future!   See you at the next exciting expo! 
    - April 29, 2024
  • The Greenpower 2024 in Poland! Get Your Free Ticket here!
    The Greenpower 2024 in Poland! Get Your Free Ticket here!
      From April 23-25, meet #Rongstar Energy Polska at The GREENPOWER in Poland, where you'll discover the latest solar innovations tailored for diverse energy needs. Explore solar panels, inverters, energy storage systems, mounting structures, cables, and more at Booth 5A, Number 23.     About Rongstar Energy Polska Rongstar Energy Polska was founded to supply & Serve local customers mainly in the Poland market in 2023. We specialize in providing a complete set of system integration materials for local solar engineering companies in Poland, including solar panels, inverters, ESS, brackets, cables, etc, We provide customers with system design, product delivery, and warehousing, as well as local after-sales service.   About the fair The GREENPOWER fair gathers representatives of all sectors of renewable energy sources in one place and time. This is a great opportunity to learn about market trends, exchange practical insights, find out about the challenges and opportunities the industry is facing. The fair creates not only rich exhibition expositions, but also numerous conferences, debates and trainings. The accompanying GREENPOWER program is built on the knowledge of experienced industry experts. Exhibitors from Poland and abroad, professionals in the field of renewable energy, heating technique an extensive program of accompanying events and a unique atmosphere - all this makes the fair a must-see on the calendar of professionals looking for innovation in the field of renewable energy.   Will you visit us at stand 5A, Number 23? We would like to offer you a free ticket : https://jinshuju.net/f/JUPZ0W   Date:April 23-25, 2024 Address: The area of the Poznań International Fair ul. Gtogowska 14, 60-734 Poznań, Poland    
    - April 22, 2024
  • Get ready to explore our booth in Germany
    Get ready to explore our booth in Germany
    On Wednesday 17 April & Thursday 18 Aril 2024,  #Rongstar Energy GmbH will participate in the Solar Solutions Bremen trade fair in Messe Bremen. About us We are a professional solar distributor with headquarters based in China, and branch offices/warehouses in Germany, Poland, Hongkong, and Vietnam. We carry 20+ premium solar brands with active businesses with installers/contractors/retailers/sub-dealers in the 4 regions. The leading solar energy trade fair in North Germany Solar Solutions International already consists of many immensely popular editions in the Netherlands, Belgium and Germany. With the first edition in Bremen, now also North Germany gets the opportunity of a place where high quality and most of all effective networking with the most important regional and international people within the industry can happen. No matter if energy storage, smart products or an increasingly wide range of solar panels. Here, the latest innovations get show cased, experts speak on highly interesting seminars and endless chances to get connected to the right people are offered.   Will you visit us at stand F8.1 in Hall 5? We would like to offer you a free ticket through our own Solar Solutions Bremen-page: https://en.solarsolutionsbremen.de/partner/RONGSTAR/ https://solarsolutionsbremen.de/partner/rongstar/   Opening hours:Wednesday 17 April 2024: 09:00 – 17:00Thursday 18 April 2024: 09:00 – 17:00 Location:Messe Bremen – Hall 5    
    - April 16, 2024
  • Top 5 inverter companies dominate 85% of Q1 2024 bids
    Top 5 inverter companies dominate 85% of Q1 2024 bids
    China's solar industry is booming in early 2024, with new installations soaring to 36.72 GW in just January and February, marking an 80% increase from the previous year. State-owned enterprises are actively pursuing solar equipment tenders to capitalize on this growth. In the first quarter of 2024, over 62.44 GW of solar inverter procurement bids were announced, up by 32% compared to the same period in 2023. String inverters dominated the market, accounting for 80% of total bids, with large-capacity inverters with over 300kW making up 84% of this category. The top five companies securing bids—Sungrow, Huawei, Sineng Electric, Zhuzhou Converter, and TBEA—accounted for nearly 85% of the total procurement volume, maintaining their dominance in the market. The top performer in the industry, Sungrow successfully secured bids for 5 GW of inverters. Rongstar can confidently state that choosing Sungrow as our solar inverters supplier would be an excellent decision.  More inverters information at:https://www.rongstar.com/soar-inverters-ess    
    - April 09, 2024
  • N-type silicon sees first price drop of the year
    N-type silicon sees first price drop of the year
    The transaction price of n-type granular silicon has dropped for the first time since the start of this year, revealing changing supply and demand dynamics in the upper stream of the solar sector. This week saw a general decline in polysilicon prices compared to March 13th, as per the data released by China’s Silicon Branch. Notably, n-type granular polysilicon witnessed its first drop of the year, falling by 1.94%. While p-type polysilicon prices remained steady, there was a slight shift in transaction focus towards lower prices. Polysilicon Type Price Range (CNY/kg) Average Price (CNY/kg) Average Price (USD/kg) Weekly Change (%) N-Type Granular Silicon 60-63 60.8 8.44 -1.94% Mono Recharge 55-64 62.8 8.71 0% Mono Dense 53-62 60 8.31 0% Mono Popcorn 50-59 55.9 7.74 0% Insights from Solarbe suggest that the polysilicon market this week was relatively quiet, with some orders still pending. The recent price inversion between n-type and p-type wafers has led to increased demand for high-quality p-type polysilicon. However, polysilicon manufacturers have yet to adjust prices, resulting in limited transactions and a gradual buildup of inventory. Expectations for future price reductions are high. Wafer Prices Drop This week, wafer prices experienced an overall decline. Faced with significant inventory and cost pressures, some wafer manufacturers have started adjusting their production schedules. Feedback from industry players indicates that accumulated wafer inventory has reached 4 billion pieces. Despite a gradual recovery in demand, there is a noticeable downward trend in wafer transaction prices. Cell, Module Prices Steady Prices for cells and modules remained stable this week. In recent tender projects, some module manufacturers have tried to increase prices. However, overall, sustaining continuous price hikes for modules is proving challenging. As we move into the second quarter and temperatures rise, the gradual roll-out of large-scale ground-mounted projects in China is expected to significantly boost market demand, positively impacting prices across the entire industry chain. If you are looking for photovoltaic modules with high cost-effectiveness, please feel free to consult Rongstar Energy.
    - March 27, 2024
  • TOPCon cells pare loss while wafer prices drop on inventory pile-up
    TOPCon cells pare loss while wafer prices drop on inventory pile-up
    Polysilicon With manufacturers still delivering previous orders, polysilicon prices were flat in mid-March, mostly sitting at RMB 64-69/kg. Buyers need to use polysilicon of varying purity. Still, there were some order inquiries, but negotiations were in standstill as both buyers and sellers remained cautious towards prices. Given the rising wafer inventory level, future adjustments of ingot manufacturers’ utilization rates, and price-talk deadlock, whether trading prices have declined will not be determinable until late March. Polysilicon inventory experienced a month-on-month increase. A more pronounced inventory problem will gradually emerge in the second quarter.  Wafer Wafer inventory kept increasing to 3.3-3.5 billion pieces this week, with n-type 182mm wafers accounting for the majority. Sales pressure amounts due to the persistently high production plans and continuous inventory accumulation, resulting in rapid wafer price drops. While some manufacturers were still delivering previous orders, average prices had declined and may continue falling next week. Trading prices dropped this week to RMB 2/piece, RMB 2.68-2.7/piece for p-type M10, G12 wafers, and RMB 1.85-1.9/piece, RMB 3/piece for n-type M10, G12 ones, respectively. Each saw a 2-5% decline. The wafer sector now sees a gloomy outlook as polysilicon prices held steady temporarily, staying high for n-type-ingot-use materials due to order delivery problems. On the other hand, prices slumped as wafer inventory continued rising, eroding earnings. Against these backdrops, manufacturers planned production cuts, of which the effect will not be noticeable until the first half of April.  Cell For p-type cells, trading prices remained at RMB 0.38-0.40/W for M10 and RMB 0.37-0.39/W for G12 cells this week. Prices for n-type M10 cells were relatively stable, averaging RMB 0.46-0.47/W and reaching RMB 0.48/W for ultra-high-efficiency ones. The price gap between TOPCon and PERC cells stabilized at RMB 0.08-0.09/W. G12 HJT high-efficiency cells saw prices coming in at RMB 0.6-0.7/W. With wafer prices plummeting, increases in cell prices will lose momentum despite manufacturers’ recent attempts to offer higher price quotes. Still, the profitability of n-type TOPCon cells recovered. Future price trend of cells will largely depend on whether module prices increase or not.  Module Trading prices for modules stayed still this week at RMB 0.85-0.9/W, RMB 0.88-0.96/W, and RMB 1.04-1.25/W for PERC (glass-glass), TOPCon, and HJT modules, respectively. Module manufacturers kept attempting to offer higher price quotes, which seems unlikely as some still deliver previous low-price orders below RMB 0.85/W, indicating inconsistency among their strategies. Hence, module prices will hold steady in March, with the low-price range slightly picking up. Recently, leading manufacturers have cut shipments for orders below RMB 0.88/W, potentially facilitating future price hikes.   For more solar news and solar products needs, please click www.rongstar.com
    - March 18, 2024
  • N-type modules secure 70% in Jan-Feb tenders, prices down 51%
    N-type modules secure 70% in Jan-Feb tenders, prices down 51%
    N-type solar modules have emerged as the dominant choice in tenders during January and February in China, comprising over 70% of the market share. This shift has been accompanied by a substantial 51% drop in module prices over the past year. The industry landscape has witnessed noteworthy signals as we step into 2024. Factors such as a slight uptick in polysilicon costs and lower production rates during China’s New Year holiday have prompted solar module manufacturers to hint at potential price rises. This trend was validated in recent bids where n-type module prices have increased by CNY 0.03-0.04/W compared to pre-holiday rates. However, with production resuming in March, the industry foresees a minor downward trend in supply chain prices. Examining the tender data in January and February, p-type module prices fluctuated between CNY 0.85-0.92/W. Meanwhile, n-type bids displayed a broader range, varying from CNY 0.89-0.98 CNY/W, down about 50% year-on-year. N-type dominance and shifting demand In the first two months of 2024, over 67 GW of tenders have revealed results. About 8 GW was allocated to individual projects and the remaining 60 GW for framework procurement. Key players like China Petroleum and China Resources exclusively chose n-type mono-bifacial modules in their tenders during this period. Other tenders include PowerChina with over 70% of n-type tenders, China Southern Power Grid with about 60%, and China National Nuclear Corporation (CNNC) with about 25%, highlighting the increasing popularity of n-type products. As for p-type modules, the market is experiencing a shift in demand towards higher-power modules, specifically those exceeding 570W/580W. GCL SI, TW Solar stand out GCL System Integration (GCL SI) led the market with 2 GW secured bids in the first two months of 2024. GCL SI told Solarbe that the company has shipped over 4 GW of modules in the fourth quarter of 2023, making it one of the world’s top 10 module suppliers by shipment volume in the past year. TW Solar closely followed with 1.36 GW of secured tenders, including 1.17 GW from China Resources. Solarbe’s data shows that the company has shipped a total of 32 GW in 2023. JA Solar claimed the third spot with about 970 MW. Other companies that secured bids include EGing PV, DAS Solar, Trina Solar, Canadian Solar, Jinergy, JinkoSolar, Huansheng Solar, etc. N-type prices down by 51% Regarding bidding results for individual projects, the solar module prices have notably declined from Q1 2023 to the first two months of 2024. Specifically: Single-sided 540W+ modules saw the average bid price drop from CNY 1.761/W to CNY 0.96/W, marking a substantial 45% reduction. Bifacial 540W+ modules witnessed a drop from CNY 1.749/W to CNY 0.89/W during the same period, representing a 49% decrease. N-type module prices decreased from CNY 1.849/W to CNY 0.903/W, down by 51%. According to Solarbe, some leading and emerging brands have explicitly shifted away from competing in the p-type market, focusing their efforts on the n-type market. This strategic move has led to intensified competition and substantial price reductions in n-type modules.   For more solar news and solar products needs, please click www.rongstar.com
    - March 11, 2024
  • The rise of TW Solar: A tale of innovation and global influence
    The rise of TW Solar: A tale of innovation and global influence
    In the fast-paced world of solar energy, TW Solar has emerged not just as a player but as a powerhouse, making an indelible mark in the global PV market. From a relatively unknown contender in 2022 to a force to be reckoned with in 2023, the company’s journey is nothing short of extraordinary. A 2023 Triumph: Dancing with the Sun In the twilight of 2023, TW Solar achieved what many deemed impossible – a staggering 32 GW in solar module shipments. This catapulted them into the prestigious Top 5 among global PV manufacturers, marking a meteoric rise that caught everyone’s attention. The solar industry, fueled by the relentless demand in key markets like China, the United States, Europe, and Latin America, experienced an unprecedented surge. TW Solar’s success wasn’t just a statistic; it was a testament to the changing landscape of renewable energy. The Symphony of TW Solar’s Supply Chain What sets TW Solar apart isn’t just the numbers; it’s the harmony in its supply chain. From the birth of polysilicon to the assembly of modules, TW Solar orchestrates a seamless production symphony. This integrated approach ensures not just quantity but a consistent quality that resonates across the global PV stage. As we peer into 2024, TW Solar isn’t resting on its laurels. The company aims to expand its already impressive capacities, with plans to reach over 800,000 tons of polysilicon, 47 GW of silicon wafer, 130 GW of solar cells, and 80 GW of module capacities. This isn’t just growth; it’s a strategic move to become a comprehensive and resilient industry leader. TW Solar’s Technological Ballet: A Dance of Efficiency In the heart of TW Solar’s success is a commitment to technological brilliance. As the longstanding leader in global PV cell shipments, the company consistently pushes the boundaries of efficiency, yield, and consistency. In 2023, TW Solar’s commercial n-type TOPCon cells achieved an efficiency of 26.3%, with 210 module power exceeding 700W. TW Solar is set for a game-changing 2024, strategically reshaping its product lineup. The plan involves phasing out TPC (PERC) series products, keeping the focus on TNC (TOPCon) series, and potentially increasing THC (HJT) series production. Product dimensions will see changes, with TNC series M10 (182x182mm) evolving into G12R (210x182mm) versions, and G12 (210x210mm) products anticipated in H1 2024. A standout in the lineup is the TNC G12R-66 bifacial module (2382*1134mm), designed for practicality. Featuring a large G12R rectangular silicon cell, it aims to cut material and supply chain adaptation costs. Versatile for large solar projects and rooftops, this module promises a low LCOE, particularly for ground-mounted projects. TW Solar’s recognition by China’s state-owned enterprises is not solely due to low-cost strategies. Reports reveal competitive pricing aligned with Top 9 brands in H2 2023. Maintaining Tier 1 status in BNEF evaluations and ascending four levels in PV Tech’s bankability rankings within a year reflect TW Solar’s commitment to performance and reliability. Entering 2024, TW Solar’s strategic shift signifies a commitment to innovation and adaptability, solidifying its influential role in the solar industry and contributing to the dynamic global PV landscape. Expanding Global Presence As the sun rises on 2024, TW Solar is poised for a global expansion. With expectations of over 15% growth in new PV installations worldwide, the company is gearing up for an encore. Already a shining presence in major global markets, TW Solar is not just expanding; it’s deepening its roots. The company’s proactive approach extends beyond borders, securing market access certifications in diverse regions, including the CEC accreditation in Australia, French Carbon Footprint Certification, Italy’s CSI Fire resistance certification, BIS certification of India, and INMETRO Certification for Brazil. These certifications, attesting to the high quality of TW Solar’s products, facilitated the company’s overseas expansion by removing entry barriers. TW Solar’s commitment to ethical business practices and unwavering product quality remains its guiding light. In closing, TW Solar’s story is more than a rise to prominence; it’s a narrative of innovation, adaptability, and a commitment to a sustainable future. As the world turns towards renewable energy, TW Solar isn’t just following the beat – it’s leading the dance, setting new standards and inspiring the solar industry’s evolution. Rongstar is honored to collaborate with Tw Solar. If you have a need for Tw Solar products, please visit our product details page https://www.rongstar.com/tw-solar  
    - February 20, 2024
  • China achieves record solar growth in 2023, adds 216.88GW
    China achieves record solar growth in 2023, adds 216.88GW
    China has set a new benchmark in solar energy expansion, adding a groundbreaking 216.88 gigawatts (GW) of new solar power in 2023. The surge was particularly evident in December, when the country added 51.87 GW, according to the latest data from the National Energy Administration of China. Workers install solar power generation panels in Zhoushan, Zhejiang. Image: China Daily By December, China’s total power generation capacity reached approximately 2.92 terawatts (TW), marking a robust 13.9% increase from the previous year. Notably, solar power capacity soared to approximately 610 GW, boasting an impressive 55.2% growth. Wind power capacity also made strides, reaching around 440 GW, with a 20.7% increase. In 2023, power plants with a capacity of 6,000 kilowatts or more averaged 3,592 hours of utilization, experiencing a 101-hour reduction compared to the previous year. Major power enterprises invested ¥967.5 billion in power projects, indicating a significant 30.1% year-on-year increase. Additionally, grid projects witnessed an investment of ¥527.5 billion, showing a 5.4% year-on-year growth. In 2022, China added 87.41 GW of solar power. Comparing the two years, 2023 showcased a monumental leap in solar capacity, almost tripling the figures from 2022.
    - January 30, 2024
  • RONGSTAR ENERGY SHINES AT SOLAR ENERGY EXPO 2024
    RONGSTAR ENERGY SHINES AT SOLAR ENERGY EXPO 2024
    Rongstar Energy, a leading player in the solar industry, made a remarkable presence at the Solar Energy EXPO 2024 in Warsaw, Poland, on January 16th. With a showcase of cutting-edge products including the Fox Ess solar inverters, energy storage systems, TW Solar PV modules, DEYE inverters, Tsun PV mounting structures, and more, Rongstar Energy highlighted its commitment to advancing renewable energy solutions. Let's delve into the highlights of our participation and the groundbreaking products we unveiled at the event. Showcasing Revolutionary Solar Solutions: Rongstar Energy captivated visitors' attention with its range of high-quality and innovative solar products. The star of the show was the Fox Ess solar inverter, renowned for its exceptional performance and reliability. Our energy storage systems also garnered significant interest, offering efficient and sustainable solutions for managing solar power fluctuations. Additionally, our TW Solar PV modules, DEYE inverters, and Tsun PV mounting structures drew praise for their superior design, durability, and efficiency. Inspiring a Bright Future: Rongstar Energy's participation in Solar Energy EXPO 2024 exemplifies our dedication to fostering a brighter future for generations to come. By continuously pushing the boundaries of innovation in photovoltaic technology, we strive to empower individuals, industries, and communities to embrace clean energy solutions and reduce carbon footprints. We are excited about the opportunities that lie ahead and remain steadfast in our pursuit of sustainable energy solutions. Rongstar will collaborate with more leading photovoltaic brands in the future to provide European customers with more reliable and efficient photovoltaic products. Please continue to follow us!-www.rongstar.com
    - January 23, 2024
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