Solar Panel Chinese Market Report

P:\Templates\TridonicAtco_blank-presentation_.pot (Thomas Marinelli)

June-2009

Amy. Tang


Report outline

1. Solar panel industry overview Solar cell industry overview. Solar panel industry overview

2. Product survey Solar panel knowledge Solar panel category Solar panel application

3. Solar panel Industry development Government support Solar panel price and cost Solar cost reduction

4. Manufacturer survey Top 10 Manufacturers in China Manufacturer allocation


Solar panel industry overview


Chinese Solar cell industry overview


Solar Power Generation

Solar Photovoltaic Power

1984: annual output 200 KM

1988: annual output 4.5 MW

2005: annual output 139 MW

2006: annual output 300 MW

China: ranking the 3rd in the world

Solar energy efficiency of monocrystalline silicon cell : 11-13% (commercial), 25% (in lab)




China Solar panel industry overview

China has secured its position as one of the largest solar panel manufacturers in the world, with production soaring at impressive rates in the past several years. The industry's production capacity is approximately 2,000MW as of 2007-end(5456MW-global). Actual output is much lower at about 570MW, due mainly to the insufficient supply of solar cells worldwide.

Despite the shortage, outlook in the solar panels manufacturing industry remains generally bright. More makers are entering the line, as evidenced by the 17% growth in the supplier base.

Further, companies are investing in manufacturing systems that will enable them to make solar cells and wafers in-house. Others are expanding into PV power application products where silicon cells do not account for a significant portion of outlay.


Solar panel product

survey


Solar panel product survey

Product knowledge:

How to hand make solar cell hand make solar cell. PDF

Knowledge of solar panel: knowledge of getting solar energy.pdf


Solar panel category

1.Crystalloid silicon panel

Monocrystalline Silicon

polycrystalline silicon

2. Amorphous crystalline silicon panel

Monocrystalline Polycrystalline Amorphous crystalline


1. Monocrystalline silicon panel

The photoelectric transformation efficiency of Monocrystalline silicon panel is about 15% to 24%, it is the most effective technique among solar battery technology, but it is also the most expensive way, so it can’t be implemented widely yet. Steel glass and waterproof resin are often used to encapsulate the monocrystalline silicon enabling the panel tough enough for 15~25 years use.

2. Polycrystalline silicon panel

The photoelectric transformation efficiency of polycrystalline silicon panel is only 12%, 14.9% top. It is more economical compare to monocrystalline, so it can be operated widely. Materials use in polycrystalline is more practical, but the capacity are lower than monocrystalline.

3. Amorphous crystalline

The Amorphous has complete different manufacture process to the previous two. Much simpler process and consume less silicon. It can work with dim light. But it has only 10% photoelectric transformation efficiency, not capable for lighting system electricity generation.

Characteristics of 3 type panel


Mono-crystalline Solar Cells

The silicon is melted and crystals formed through a seeding process

Crystals are large – up to 12cm diameter

Sliced into wafers 0.2 – 0.4mm thick

Metal grids are attached front and back to conduct the electricity

Cells are mounted on an acetate base with a glass panel on top to provide protection and waterproofing

About 20% efficient (ie converts 20%of the suns energy falling onto the cell into electricity)


Poly-crystalline Solar Cells

Made of many tiny silicon crystals pieced togetherThe small crystals are inexpensive to make but lose efficiency because the boundaries between the crystals impede the flow of electricitySimilar overall efficiency and cost characteristics as mono-crystalline cells


Amorphous (thin-film) Solar Cells

Gaseous silicon is condensed onto a substrate tomake extremely thin (0.3 micron) solar cellsCrystals are arranged randomly hence the term “amorphous”Uses very little siliconLow embodied energyFlexible and semi-transparentTolerant of shade and heatBut amorphous structure is not efficient and so efficiency typically 12% overall (which means the arrays are larger than crystalline arrays of a similar power output)


Comparison of solar cells


Pro & corn of solar panel

Pros:No Pollution — Solar power does not release carbon dioxide, sulfur dioxide, nitrogen oxide nor mercury into the atmosphere. Saves you Money — Well, after the initial investment, your utility bills will be much lower and often times there won’t be an amount due at all. Less Consumption — Because it requires no fuel, you will save money on the cost of gasoline. Nearly Maintenance Free — Manufacturers are offering warranties of 20 years and more. Energy Credits — You can build a credit of energy if your solar system produces more energy than you use. It’s Sustainable and Renewable — Fossil fuels such as coal, oil and natural gas are non-renewable and dwindling. Solar energy will never run out. The Noise Factor — They are silent and have no moving parts.


Cons:

$$$ — The main disadvantage is the price. The panels and installation have high starting costs.

Climate Variability — Although solar energy can be used in most climates, the number of hours of sunlight will determine the number of panels you’ll need and what the wattage of power will be.

Aesthetics — Solar panels take up quite a bit of roof space and to some and aren’t pleasant to look at.

Not 24 Hours — They only work when the sun is shining. At night you will have to rely on stored energy from net metering or have an alternative system.


Solar panel application:How much power solar panel make?

Output is effected by temperature, sun angle and shading

Partial shade causes crystalline panels to switch off

Thin film panels continue to work in partial shade

Solar array output is measured in

peak power (kWp)

Energy = power x time (kWh)

A 1kW array, in full sun, in Sydney, will produce on average 1,400kWh of electrical energy per year


Power that a house uses Houses and people’s life styles are all different and effect energy

usage. For instance, for a family of 4 in a 200m2 house:



Solar panel industry development


Solar panel development

Solar energy will transfer from isolated system to combined grid system in 2020. Cost of the solar energy is gradually decline from 40/W in 2000 to 33/W in 2003, 27/W in 2004. Average price for solar energy combined system will be RMB3 – 4/KWh, 11~13 times higher then the traditional energy. The key fact to develop the market is to reduce the cost of solar energy, the key fact to reduce the cost is to improve the efficiency of solar panel. Solar panel manufacturing will focus on polycrystalline

silicon Nowadays, the average price of solar energy module:3.8~4.3$/Wp, retail price:5.3$/Wp, by 2020 the price

will be under 1$/Wp.


Governmental Support to Solar Energy IndustryGovernmental Support to Solar Energy Industry

1.Financial support

From 1987 to 1997, ￥ 120 million per year technical innovation loan to support renewable energy industries

In 2002, ￥ 175 million technical innovation loan further allocated to the production lines upgrading solar industries

Financial support also available from local governments

In 2007, National Reform and Planning Commission launched a “bright project” with ￥ 10 billion to application of PV power


2.Promote standardization and legislation

Setting up a solar water heater quality monitoring and authentication system

Three quality monitoring centers set up in Beijing, Wuhan and Kunming

An authentication center set up in Beijing by 2004

Legislation On 28 February 2005 China released the Renewable

Energy Act, enforcing from 1 January 2006


China’s Long-Term Plan for Renewable Energies up to 2020

On the day of 4 September 2007, China released a plan for next 13 years of renewable energies up to 2020

By 2010 renewable energies 10% of total consumption; by 2020 reaches 15%

2010 2020

Hydro power

190 GW 300 GW

Bio- power

5.5 GW 30 GW

Wind

power

5 GW 30 GW

Solar

power

0.5 GW 1.8 GW


Solar price and cost

Solar cost reduction


Solar panel costs (for a typical 1kW system)

Panels, inverter and installation = $14,500 - $15,500 Less government rebate ($8-00/W) = $8,000 Less Renewable Energy Certificates (REC) = $500 Net cost = $6,000 - $7,000

Notes:Government rebate only available to householdersRECs are sold to energy retailers to help meet their mandatoryrenewable energy (MRE) targets if they are not selling sufficientrenewable energy. The solar panel provider generally deducts the RECfrom the cost of the PV system and sells them to the energy companyon your behalf


Embodied energy is paid back in 3 – 4 years (including, inverters, support frames and installation labour) Financial payback takes longer: 1kW system with net cost $6,000Pays back 1,400kWh pa @ 19c/kWh = $266 (4.4% return)The value of money is ~2.1% net, therefore pays for itself in about 24 years If buyback rates increase as in Germany (SA Gov pursuing this), the equation gets much better – 40c/kWh pays itself in 12 years Statement of values, rather than a financial investment decision

How long for solar panels to pay for themselves?


Solar price learning curve


Future cost reduction drivers


Value Chain cost distribution



Enabling Industry Growth by Driving Cost Reduction……


Cost Per Watt Expected to Scale with Fab Size


Solar Panel Manufacturer Survey


30%

22%

15%

8%

5%

6%

6%

4% 5%

9%

Solar Panel Manufacturer allocation in China

1.Guangdong province:30%

2.Zhejiang province:22%

3.Jiangsu province:15%


Top 10 solar panel manufacturers in China

No. Company name Region employeeCapacity (million

W/year) website

1 Wuxi Suntech Power Wuxi,Jiangsu 3000 160.1 www.suntech-power.com

2Yingli Green Energy Holding

Company LimitedBaoding,Hebei 1600 90

http://www.yinglisolar.com/enmain/user/index.asp

3 JA Solar Holdings Co., Ltd. Anding,Hebei 800 75 http://www.jasolar.com/Web/index-en.asp

4 China Sunergy Col,Ltd Nanjing,Jiangsu 1200 55 http://www.chinasunergy.com/

5 Jiangsu Linyang Solarfun Co.,Ltd. Jiangsu 1500 45 http://www.solarfun.com.cn/

6 Sopray Solar Co., Ltd. Taizhou,Zhejiang 300 40 http://www.sopraysolar.com/

7Yunnan Tianda Photovoltaic

Co.,LtdKunming,Yunnan 450 39 http://www.ynsolar.cn/

8Ningbo Solar Electric Power

Co.,LtdNingbo,Zhejiang 400 35

http://www.nbsolar.com/cn/zindex.php

9Shanghai Topsolar Green Energy

Co., Ltd Shanghai 400 25 http://www.topsola.com/

10Zhejiang Sunflower Light Energy

Science & Technology Limited

Shoxing,Zhejiang 400 25 http://www.sunowe.com/


Chinese solar panel manufacturer directory 2009

Company name Region Company brif Company website Contact

Shenzhen Kingsun new energy tech.co., Ltd

Shenzhen

registered capital of RMB 10 million http://neixun.w2.91cdn.com/

Mr.Chen:0755-83425059

Union Power Industrial Co., Ltd sold into Europe Australia and America http://www.unionpower-solar.com/about/index_e.asp

Ms.Huan:89394137

ZY PV Solar Science Technologies Co., LTD

http://www.szsuoyang.com/en/home/index.asp

http://en.zypv.cn/newEbiz1/EbizPortalFG/portal/html/index.html

Liu XiaoboTel:86-755-83253685

Shenzhen Suoyang New Energy Co., LTD.

annual capacity 100MW, 95% exported to Europe, America and Australia.past ISO, CE, IEC and TUV

http://www.szsuoyang.com/en/home/index.asp

Mr.Yi:0755-29935205-604

Shenzhen DesunPV Co., Ltd ISO9001http://www.desunpv.com

/en/Mr.Li:89810250

Shenzhen Sungold Co.,Ltd 150 workers, invested RMB 1 million http://www.szbico.cn/ Mr.Zhou:0755-21076831

Shenzhen Global Solar Energy Technology Co., Ltd

past ISO 9000 ISO 14000 invested RMB 5 million

http://www.solarsunny.com.cn/

Mr.Zhou:89982280-8005

CtySolar Technology1 of top 10 solar manufactures, has past the ISO 9001:2000, CE, TUV

http://www.ctysolar.com/ Mr.Chen:0755-28159800

Shenzhen Lei Xin Solar Energy Techonology Co.,Ltd

daily output exceeding 50,000 wattshttp://www.leixinsolar.com

/En/Mr.Li:0755-61506939

Jiawei Solarchina Co., Ltd.industry leading company past TUV, UL and IEC.

http://www.solarchina.com.hk/eng/index.htm

Gary Lee:0755-82254470-833

China Orient Technology Co., Ltd 1,000 SM big, 200 workershttp://

www.dongfangsolar.com/rolex:755-25866916; [email protected]


Chinese solar panel manufacturer directory 2009

Company name Region Company brif Company website Contact

Guangdong Fivestar Solar Energy Co.,Ltd Guangzhou,Guangd

ong

http://

www.fivestarpower.com/company.asp

Sunflowers Power Energy Techonology CO., LTD

HK hold company, http://www.sf-power.cn/ Mr.Zhang 20-81982548

Dongguan Link-Light Solar Energy Sicence and Technology

Company Ltd., Dongguan, Guangdong

running with ISO9001 2000 http://

www.yuhuisolar.com/en/about.asp

Mr.Wang:0769-22853501

Sunny International Power Corp http://

www.worldbestsolar.com/

Mr.Guo:0769-87336863;[email protected]

ZHEJIANG HENGJI PV-TECH ENERGY CO.,LTD

Huzhou, Zhejiang http://www.hengjipv.com/ Ms.Xu:86-572-2119183

Ningbo Ulica Solar Science &Technology Co.,Ltd

Ningbo,Zhejiang past IEC,CE,TUV,UL,SGShttp://

www.ulsolar.com.cn/english/ulicacvdecoen.html

Willy:0574-28828978

Chint Solar (Zhejiang) Co. Ltd

Hangzhou,Zhejiang

efficiency ≥ 16.5%http://

www.chintsolar.com/en/index.asp

Mr.Li:15967138675

Refine Solar Co., Ltd HK company, invest USD28 million, 23000m2.

http://www.refinesolar.com/en/

Mr.Li:0571-82660511

Hangzhou yuemei solar energy electric instrument co.,ltd

http://

www.bettysolar.com/main.php?sLAN

=en

Mr.Mao:0571-87048932

Le Ye energy techonology Invest RMB280million http://www.ly-pv.cn/ Ms.Zheng:0570-3688767

Zhangjiagang Suntary New Energy Technology Co., Ltd.

Shuzhou,Zhejiang past ISO9001 QMS certificate http://www.solarpv.cc/newEbiz1/EbizPortalFG/portal/html/index.html

Mr.Geng:0512-58962106

Wuxi Saijing Solar Energy Co,.Ltd

Wuxi,Zhejiang year 100MW productivity,pst TUV,IEC61215/IEC61730,GBT6465

http://www.wxecs.com/einto.asp

Ms.He:0510-87235958

Wuxi Shangpin Solar Energy Science & Technology Co.,Ltd

Wuxi,Zhejiang invest 50million USD.http://

wxsunpower.com/en/eindex.php

Mr.Zhan:13656199872


Chinese solar panel manufacturer directory 2009Company name Region Company brif Company website Contact

China Everpower-PV Technology Co.,Ltd

Hengshui,Hebei http://www.everpw.com/ Mr. Xiang: 0318-2082258

Hebei Zhengyuan Kaixin New Energy S&T Co., Ltd

Hebei provincemainly produce the 125*125 ,156*156

monocrystal silicon cell, year productivity of 25 megawatts

http://www.zykjyg.com/en/main.asp

Mr.Jia: 0310--2608080

Anhui Paiya Solar Energy Co., ltdHefei, Anhui past CE 、 ISO9001, factory 150 arce

bighttp://www.solarpaiya.com

/Manager Zhou:0551-

7181533 Ningxiayude Solar Technology

Co., Ltd Yinchuan, Ningxia

6000 square meters,registered capital 8 million RMB

http://www.nxydtyn.com/en/intro.asp

Mr.Zhang:0953-2262600

Xuzhou Shengkang Solar Energy Electronics Co., Ltd

Xuzhou,Jiangshu Invest over RMB10million,http://

www.xingsheng.sh.cn/xs/english/main.asp

Mr.Qiu:0516-83899658

Nanjing PV-Tech Co., Ltd Nanjing, Jiangsu ISO9001,ISO14001,OSHMS18001http://

www.ceeg.cn/en/index.asp

Mr.Zhu:025-52095679

Shaokun Power Co.Ltd Xianning, Hubei invest RMB 120millionhttp://

www.zhaokunpv.com

/

Miss Chen:0715-8209112

Yidu Sunnyworld Solar-Energy Co., Ltd

Yichang,Hubei 23,400m2,ISO 9001:2000,175W-

CE,120W-CE,90 W-CE

http://www.esunnyworld.com/english

/

Tel:86-717-4826191

Smiko Group Xiamen, Fujian

Professional Solar &LED-Lighting from Sigapore, client:PHILIPS 、 SHARP 、 OSROM

www.smiko.com Mr.Zhong:0592-5902537

SunWorld technology (Luoyang) Limited

Luoyang, Henan 6400㎡ http://www.jsolarenergy.com/xyj/en/index.asp

Mr.Guo:0379-62186998

Xinjiang United Navigating Integral Tech Co.,Ltd

Xinjiang Province http://www.xjunit.net/ Mr.Xin:0991-3830096

Yunnan OSD photovoltaic Co.,Ltd

Kunming,Yunnan http://

www.osdpv.com/About.asp

#

0871-8330580

XI'AN TIN KEE PHOTONIC TECHNOLOGY CO.,LTD

Xi'an, Shanxi co-invest by HK, invested RMB 300

million,260 workershttp://www.chicon-hk.com/guangdian/index-guangdian2.htm

Mr.Xu:13991829980

Jiuneng Solar company Shanghai own some solar tech patent http://www.jiuneng-solar.com/index.html

Miss Hu: 021-38180002

Documents

Solar Panel Chinese Market Report