San Francisco, United States [RenewableEnergyWorld.com]
Suntech Power Holdings Co. Ltd. has reached 1 gigawatt (GW) of solar photovoltaic (PV) cell and module production capacity in Wuxi, China. The company also announced the opening of its new headquarters in Wuxi that incorporates a 1-megawatt (MW) grid-connected building integrated solar facade.
"Since our inception, we have focused on rapidly building world-class manufacturing facilities that can meet the burgeoning global demand for green energy."-- Dr. Zhengrong Shi, Chairman and CEO, Suntech
"We are very proud to become the world's first PV solar company to achieve 1 GW of solar cell and module production capacity," said Dr. Zhengrong Shi, Suntech's chairman and CEO. "Since our inception, we have focused on rapidly building world-class manufacturing facilities that can meet the burgeoning global demand for green energy. This milestone is a credit to all Suntech employees that have tirelessly worked towards the common goal of making cost-effective solar energy systems available on a global scale."
Suntech's new solar headquarters in Wuxi is an 18,000 square meter building that incorporates one of the world's largest on-grid photovoltaic facade systems. The system includes more than 2,552 semi-transparent Light Thru solar panels and will have an annual output of more than 1 million kilowatt-hours of electricity.
This announcement comes as other companies have started to scale back production estimates for 2009 because of polysilicon supply issues, market conditions and the problems that still exist in the world's credit markets following late 2008's record stock slide around the world.
Showing posts with label PV. Show all posts
Showing posts with label PV. Show all posts
Saturday, January 10, 2009
Friday, December 14, 2007
Future Looks Bright for the China Photovoltaic (PV) Battery Industry as Solar Energy Goes Mainstream
DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/reports/c77145) has announced the addition of China Photovoltaic (PV) Battery Industry Report, 2007 to their offering.
PV industry witnessed a rapid growth, and in the future it will have a nearly limitless outlook. During the ten years from 1996 to 2006, yield of solar batteries in the world has increased by 26 times with an annual compound growth rate of 38%. Besides, annual installations of solar batteries have increased by 22 times with annual compound growth rate of 36%. Such a growth is too speedy to compare for any other industries except for the semi-conductor industry. Though Germany is today's largest PV market, but solar power generation there still takes a low proportion of 0.5%. But solar energy will undoubtedly become one kind of mainstream energy; therefore, its market will witness a bright prospect in the long term.
From 2020 to 2030 solar energy will enter into the mainstream energy market on a large scale. Technical progress together with scale effects will steadily reduce the cost of PV batteries. Curve figures of PV industry in the past 40 years have shown that cost will down 15-20% once accumulated sales volume of PV batteries is doubled. Meanwhile, power generation cost with fossil fuel has been increasing for a long term. We estimated here by different geographic locations, that solar power generation cost in developed countries will approach electricity prices for the peak period from 2010 to 2030; and it will approach average electricity prices from 2020 to 2050.
Promotion from governments will still be the leading strength for industry development in the short run. Undoubtedly, The government plays a key role in boosting PV industry. Europe, USA and Japan all have recognized the importance of strategy to develop PV industry and they all have plans of their own. But the real development of the industry usually doesn't fit well with these plans. It's believed that existing policy in each country has established gigantic potential demands; and decline in growth speed in 2006 is caused by that growth of battery price has restrained demands. Therefore, as long as battery prices properly decline, growth of installed capacity can exceed 30%.
China PV industry focuses more on midstream and downstream businesses; and it will confront with considerable inconveniences on entry into upstream polysilicon business. China PV batteries list the 3rd in the world by production capacity; however, polysilicon raw materials and markets all lie in overseas market and domestic industrial structure is very irrational. Now market competition is fiercer and fiercer, and competitiveness of Chinese enterprises still lies in the cost. Undoubtedly, advantages for leading enterprises with long-term polysilicon orders will be enlarged; while enterprise with no strengths will be eliminated. Many investors are attracted by the huge profits. However, very few projects can really bring economic profits.
It is believed in the next few years, companies with sufficient polysilicon supply and manufacturers of amorphous silicon PV battery would obtain broad development space. As for crystalline silicon PV battery producers, only the strong can survive competition and gain more strength. Therefore PV enterprises with international resource and internet strength will particularly develop well. Film PV battery companies industrialized will enjoy a greater developing space, which will naturally draw much interest from investors.
1 Solar Energy is the Inevitable Energy Choice
1.1 Only Solar Energy can satisfy Future Energy Demands
1.2 Solar Energy is to enter into Mainstream Energy Market in 2020-2030
2 Supply and Demand Analysis on Global PV Market
2.1 Governments will still be the Leading Strength to boost Industry Development for a medium and long term
2.2 Existing Policies will boost Rapid Development of PV Market
2.3 Active Production Expansion by Battery Manufacturers, and Ample PV Batteries Production Capability
2.4 Polysilicon Supply Crisis is to start loosing at the end of 2008
3 PV Industry Chain
3.1 Pyramid Distribution has brought advantages of Upstream Enterprises
3.2 Competition Status
3.3 Optimization of Industry Chain will bring Cost Decline
4 China Solar Energy Industry
4.1 Most Enterprises Invested in Polysilicon
4.2 Difficulties in Starting China Market in the next few years
4.3 Relevant Listed Companies
Selected Charts
For more information visit http://www.researchandmarkets.com/reports/c77145.
PV industry witnessed a rapid growth, and in the future it will have a nearly limitless outlook. During the ten years from 1996 to 2006, yield of solar batteries in the world has increased by 26 times with an annual compound growth rate of 38%. Besides, annual installations of solar batteries have increased by 22 times with annual compound growth rate of 36%. Such a growth is too speedy to compare for any other industries except for the semi-conductor industry. Though Germany is today's largest PV market, but solar power generation there still takes a low proportion of 0.5%. But solar energy will undoubtedly become one kind of mainstream energy; therefore, its market will witness a bright prospect in the long term.
From 2020 to 2030 solar energy will enter into the mainstream energy market on a large scale. Technical progress together with scale effects will steadily reduce the cost of PV batteries. Curve figures of PV industry in the past 40 years have shown that cost will down 15-20% once accumulated sales volume of PV batteries is doubled. Meanwhile, power generation cost with fossil fuel has been increasing for a long term. We estimated here by different geographic locations, that solar power generation cost in developed countries will approach electricity prices for the peak period from 2010 to 2030; and it will approach average electricity prices from 2020 to 2050.
Promotion from governments will still be the leading strength for industry development in the short run. Undoubtedly, The government plays a key role in boosting PV industry. Europe, USA and Japan all have recognized the importance of strategy to develop PV industry and they all have plans of their own. But the real development of the industry usually doesn't fit well with these plans. It's believed that existing policy in each country has established gigantic potential demands; and decline in growth speed in 2006 is caused by that growth of battery price has restrained demands. Therefore, as long as battery prices properly decline, growth of installed capacity can exceed 30%.
China PV industry focuses more on midstream and downstream businesses; and it will confront with considerable inconveniences on entry into upstream polysilicon business. China PV batteries list the 3rd in the world by production capacity; however, polysilicon raw materials and markets all lie in overseas market and domestic industrial structure is very irrational. Now market competition is fiercer and fiercer, and competitiveness of Chinese enterprises still lies in the cost. Undoubtedly, advantages for leading enterprises with long-term polysilicon orders will be enlarged; while enterprise with no strengths will be eliminated. Many investors are attracted by the huge profits. However, very few projects can really bring economic profits.
It is believed in the next few years, companies with sufficient polysilicon supply and manufacturers of amorphous silicon PV battery would obtain broad development space. As for crystalline silicon PV battery producers, only the strong can survive competition and gain more strength. Therefore PV enterprises with international resource and internet strength will particularly develop well. Film PV battery companies industrialized will enjoy a greater developing space, which will naturally draw much interest from investors.
1 Solar Energy is the Inevitable Energy Choice
1.1 Only Solar Energy can satisfy Future Energy Demands
1.2 Solar Energy is to enter into Mainstream Energy Market in 2020-2030
2 Supply and Demand Analysis on Global PV Market
2.1 Governments will still be the Leading Strength to boost Industry Development for a medium and long term
2.2 Existing Policies will boost Rapid Development of PV Market
2.3 Active Production Expansion by Battery Manufacturers, and Ample PV Batteries Production Capability
2.4 Polysilicon Supply Crisis is to start loosing at the end of 2008
3 PV Industry Chain
3.1 Pyramid Distribution has brought advantages of Upstream Enterprises
3.2 Competition Status
3.3 Optimization of Industry Chain will bring Cost Decline
4 China Solar Energy Industry
4.1 Most Enterprises Invested in Polysilicon
4.2 Difficulties in Starting China Market in the next few years
4.3 Relevant Listed Companies
Selected Charts
For more information visit http://www.researchandmarkets.com/reports/c77145.
Tuesday, September 18, 2007
Yingli Green Energy Signs New Supply Agreement with Wacker Chemie AG
Business Wire, September 17, 2007 Monday 10:00 AM GMT
Yingli Green Energy Holding Company Limited (NYSE:YGE) ("Yingli Green Energy" or the "Company"), a leading vertically integrated photovoltaic ("PV") product manufacturer in China, today announced that it has entered into a new mid to long term agreement with Wacker Chemie AG ("Wacker") of Germany. Under the terms of the agreement, Wacker will supply Yingli Green Energy with polysilicon from 2009 to 2011. The total amount of polysilicon supplied will allow Yingli Green Energy to produce over 80MW of PV modules over the life of the agreement.
Mr. Liansheng Miao, Chairman and CEO of Yingli Green Energy, commented, "This fourth supply agreement, together with our three existing long-term supply agreements with Wacker, further exemplifies the solid partnership that we have had with Wacker AG since 2003. We believe this additional agreement will further enable our ability to complete the next 200MW capacity expansion plan on schedule"
Mr. Reimund Huber, Director of Marketing & Sales of Wacker, commented, "As a market leader in an area facing rapidly growing demand, we are glad to strengthen and diversify our relationship with Yingli Green Energy. We believe this agreement will benefit both partners and it coincides with our previously announced strategy of reaching a total capacity of 21,500 metric tons by the end of 2010."
About Yingli Green Energy
Yingli Green Energy Holding Company Limited ("Yingli Green Energy") is one of the leading vertically integrated photovoltaic ("PV") product manufacturers in China. Through the Company's principal operating subsidiary in China, Baoding Tianwei Yingli New Energy Resources Co., Ltd., Yingli Green Energy designs, manufactures and sells PV modules and designs, assembles, sells and installs PV systems that are connected to an electricity transmission grid or those that operate on a stand-alone basis. With 200 MW of total annual production capacity in each of polysilicon ingots and wafers, PV cells and PV modules, Yingli Green Energy is currently one of the largest manufacturers of PV products in China. Additionally, Yingli Green Energy is one of the limited number of large-scale PV companies in China to have adopted vertical integration as its business model. Yingli Green Energy currently plans to gradually expand annual production capacity of polysilicon ingots and wafers, PV cells and PV modules to 400 MW by the end of 2008 and to 600 megawatts by 2010. Yingli Green Energy sells PV modules under its own brand name, Yingli Solar, to PV system integrators and distributors located in various markets around the world, including Germany, Spain, China and the United States.
Yingli Green Energy Holding Company Limited (NYSE:YGE) ("Yingli Green Energy" or the "Company"), a leading vertically integrated photovoltaic ("PV") product manufacturer in China, today announced that it has entered into a new mid to long term agreement with Wacker Chemie AG ("Wacker") of Germany. Under the terms of the agreement, Wacker will supply Yingli Green Energy with polysilicon from 2009 to 2011. The total amount of polysilicon supplied will allow Yingli Green Energy to produce over 80MW of PV modules over the life of the agreement.
Mr. Liansheng Miao, Chairman and CEO of Yingli Green Energy, commented, "This fourth supply agreement, together with our three existing long-term supply agreements with Wacker, further exemplifies the solid partnership that we have had with Wacker AG since 2003. We believe this additional agreement will further enable our ability to complete the next 200MW capacity expansion plan on schedule"
Mr. Reimund Huber, Director of Marketing & Sales of Wacker, commented, "As a market leader in an area facing rapidly growing demand, we are glad to strengthen and diversify our relationship with Yingli Green Energy. We believe this agreement will benefit both partners and it coincides with our previously announced strategy of reaching a total capacity of 21,500 metric tons by the end of 2010."
About Yingli Green Energy
Yingli Green Energy Holding Company Limited ("Yingli Green Energy") is one of the leading vertically integrated photovoltaic ("PV") product manufacturers in China. Through the Company's principal operating subsidiary in China, Baoding Tianwei Yingli New Energy Resources Co., Ltd., Yingli Green Energy designs, manufactures and sells PV modules and designs, assembles, sells and installs PV systems that are connected to an electricity transmission grid or those that operate on a stand-alone basis. With 200 MW of total annual production capacity in each of polysilicon ingots and wafers, PV cells and PV modules, Yingli Green Energy is currently one of the largest manufacturers of PV products in China. Additionally, Yingli Green Energy is one of the limited number of large-scale PV companies in China to have adopted vertical integration as its business model. Yingli Green Energy currently plans to gradually expand annual production capacity of polysilicon ingots and wafers, PV cells and PV modules to 400 MW by the end of 2008 and to 600 megawatts by 2010. Yingli Green Energy sells PV modules under its own brand name, Yingli Solar, to PV system integrators and distributors located in various markets around the world, including Germany, Spain, China and the United States.
Tuesday, September 4, 2007
Photovaltaic ceramics will join PV market in 2008
Foshan Kingtile Ceramics has successfully produce photovaltaic ceramics samples, then they will begin to commercially produce photovaltaic ceramics in the middle of 2008.
Photovaltaic ceramics may absorb the solar power, then turn into electricity. Photovaltaic ceramics may be produced into wall brick and floor brick to increase the solar power absorbing area.
Photovaltaic ceramics may absorb the solar power, then turn into electricity. Photovaltaic ceramics may be produced into wall brick and floor brick to increase the solar power absorbing area.
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