Technological Trends Driving Solar and Energy Storage Industry Advancement
Key Ideas
  • High Density and High Efficiency: Use of third-generation semiconductors like SiC and GaN along with advanced control algorithms to boost power equipment efficiency.
  • Digitalization and AI Empowerment: Revolutionizing PV plant lifecycle for enhanced reliability and operational efficiency.
  • Virtual Power Plants: Aggregating distributed PV, energy storage, and loads for grid dispatch to optimize energy utilization and promote clean energy consumption.
  • Green Hydrogen and Other Alternatives: Rising demand for green hydrogen, ammonia, and methanol for storage and transport due to ease of use and increasing popularity.
Dr. David Zhao, Senior Vice President of Sungrow Power Supply, highlighted ten major technological trends driving the solar and energy storage industry towards sustainable economic development. The industry faces challenges such as supply chain security, clean energy consumption, power system stability, load variability resilience, and cost management. Some key trends identified by Dr. Zhao include the use of high-density and high-efficiency third-generation semiconductors to boost power equipment efficiency, digitalization and AI for improved reliability, and virtual power plants for optimizing energy utilization and promoting clean energy consumption. Additionally, the integration of green hydrogen, ammonia, and methanol in energy systems is proposed to promote large-scale clean energy integration and reduce carbon emissions. These trends aim to address the evolving power infrastructure challenges and drive the energy transition towards a more sustainable future.
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