Wednesday, December 3, 2008

Funing Tehua Polysilicon Project Began Production

2008 November 30th, Tehua New Material Company successfully released their polysilicon product, and it took Tehua only 8 months to complete the polysilicon project.

The total investment is 500 million RMB, and the polysilicon production capacity is 500 metric tons per year.

Tuesday, December 2, 2008

Chinese PV product makers face gloomy fourth quarter

Beijing. December 2. INTERFAX-CHINA - Chinese photovoltaic product manufacturers, who have just enjoyed a two-year boom period, are concerned that the global financial crisis will cool overseas demand and impact their bottom lines in the fourth quarter.

Chinese PV product manufacturers rely on exports for 95 percent to 98 percent of their sales, and as such, the industry could be in for a long winter, Qu Xiaohua, president of Suzhou-based PV product maker CSI Solar Manufacturing Inc., told Interfax at the 3rd China New Energy International Forum. According to CSI's third quarter report, the company has lowered its expectations for shipments, margins and earnings for the fourth quarter.

Changzhou-based Trina Solar Ltd., another PV product manufacturer, has seen demand for its products shrink in recent months and some of its customers have even reneged on contracts, according to the company's technology committee director Qiu Diming.

Shi Zhengrong, chairman and CEO of Suntech Power, China's largest solar cell producer and a major exporter to Europe, agreed that China's PV product market is entering a tough period. Suntech Power stated in its third quarter report that the weakening of the Euro against the U.S. dollar, combined with unstable credit markets, would hurt its profitability in the fourth quarter.
Meanwhile, manufacturers have been unable to gain some breathing room by capitalizing on the recent tumble in prices for polysilicon, a raw material used to make PV products, which have halved from a high of RMB 3,000 ($439.24) per kilogram in July, as they have also cut solar cell and solar module prices on poor demand.

According to Shi from Suntec Power, which is also operates solar power stations, the industry should band together to petition for more government support, with the aim of extracting policies that will stimulate the domestic market as overseas markets weaken.

One of the problems that Suntech faces is that there are no incentives for power grid companies to spend money to connect solar power stations to their grids, despite China's Renewable Energy Law, which requires them to do so. Shi said that it took two years for one of Suntech Power's projects to be connected to the local grid.

Song Shucai, deputy general manager of Tianwei Group, a large Hebei-based renewable energy developer, suggested that the government raise power tariffs by RMB 0.02 ($0.0029) and use the proceeds to subsidize renewable energy projects.

Despite their concerns, Chinese PV product manufacturers are trying to look on the bright side of things. Several executives pointed out that the European Union, the United States and Japan are now encouraging solar power development as a way to stimulate economic growth.

In the meantime, Chinese PV product manufacturers could increase their focus on thin-film silicon PV modules, a sub-area that is attracting significant interest, especially from state-owned companies with deep pockets.

Jeannine Sargent from Oerlikon Solar, the world's leading manufacturer of thin-film PV silicon solutions, told Interfax that China's thin-film PV market will still be one of the fastest growing markets when compared with others around the globe. "For Oerlikon Solar, we are expecting a 200 percent increase in revenue from 2007 to 2009 in China."

Dr. Sun Haiyan, head of Oerlikon Solar Technical Marketing Asia, believes there are a couple of reasons why the sector will remain strong in the near term. "The price of glass, which is used as a raw material in thin-film solar module production, is quite cheap in China, which is an advantage when it comes to manufacturing," he said, adding that state-owned companies will likely support development in this field.

In this April and July, Oerlikon Solar signed two turnkey contracts with China's Tianwei Group and Chint Solar to supply thin-film solar module production lines. "We anticipate that we will not only build manufacturing facilities, but also partner with our customers on an R & D center as well," Sargent said.

Monday, December 1, 2008

1,000MW solar cell project began construction in Xi'an, China

China Power Investment Group's 1,000 MW solar cell production project started construction on November 29th 2008.

This will be the biggest solar cell and solar panel production project in North West China, the total investment will be about 5 billion RMB, and the project will be completed in 2015.

Xingtai Jinglong Electronic Material Company started commercail production

November 28th 2008, Xingtai Jinglong Electronic Material Company held the commercial production ceremony.

At present 40 pcs of monocrystalline silicon furnaces have begun testing production.

Xingtai Jinglong Electronic Material Company will install 400 pcs of monocrystalline silicon furnaces in total, and the total annual production capacity will reach 3,000 metric ton monocrystalline silicon and 80,000,000 pcs of silicon wafers.

1000 metric ton polysilicon project started in Guangde County, Anhui Province

1000 metric ton polysilicon project from Anhui Jingjing Silicon Material Company broke ground in Guangde County, Anhui Province on November 17th 2008.

It is estimated that the polysilicon production capacity wil reach 600 metric tons within two years, and reach 1,000 metric tons within three years. The total investment is about 400 million RMB.