Global Release Highlights FusionSolar Trends for 2024
Huawei’s recent global release centered on the top 10 FusionSolar trends for 2024, themed “Continuous Innovation, High-Quality Development, Accelerating PV to Become the Main Energy Source.” The event, led by Hao Yingtao, Vice President and CMO of Smart PV & ESS Business at Huawei Digital Power, provided a comprehensive analysis of future trends in the photovoltaic (PV) industry.
Global Momentum Towards Carbon Neutrality
Hao Yingtao emphasized the global momentum toward carbon neutrality, with the PV and energy storage industry flourishing. International Renewable Energy Agency (IRENA) projections indicate that installed PV capacity is set to reach 5,200 GW by 2030 and 14,000 GW by 2050. Renewable energy is expected to constitute over 90% of total power capacity, with PV playing a dominant role.
Key Trends Shaping High-Quality PV Development
Huawei identified ten pivotal trends shaping high-quality PV development:
- Stable Power with PV & ESS: As prices decline, PV & ESS becomes stable power and is projected to be the primary power source in the next three years.
- Millions of Power Plants Management: Efficient and intelligent scheduling becomes critical as the number of power plants increases exponentially.
- Full-lifecycle Intelligence: Power plant management evolves from maintenance to operation, leveraging intelligent technology.
- Grid Forming in All-scenarios: Grid Forming technology expands to all scenarios, enhancing the grid and supporting large-scale renewable energy feed-in.
- Four-dimensional Security: Safety evolves to a four-dimensional holistic approach, ensuring the long-term reliability of the new power system.
- Cell to Grid ESS Safety: Energy storage systems achieve safety from cell level to grid level.
- MLPE & CLPE: Refined management drives the commercialization of module-level power electronics (MLPE) and influences the energy storage industry with cell-level power electronics (CLPE).
- High Voltage and Reliability: High voltage reduces the levelized cost of electricity (LCOE), and high reliability improves availability and security.
- High Frequency High Energy Density: Inverter energy density improves through third-generation semiconductors and digital technology.
- High Power Quality: Ongoing efforts to improve power quality promote the large-scale application of PV and ESS.
Huawei’s Commitment to Innovation
Hao Yingtao stressed the importance of innovation and quality in the PV industry. Huawei FusionSolar aims to accelerate industry development through technological innovation, emphasizing the integration of watt, bit, heat, and battery technologies. The company’s focus on reliable and high-quality products aligns with its vision to establish green PV as a major energy source globally, contributing to a better and greener future.
Source：prnewswire.com
