Hanwha Q CELLS release Q1 financial results revenues decreased by 27

Polaris solar PV net news: May 19, 2016, hanwha Q CELLS (Korea, Seoul) reported first quarter unaudited financial results of its 2016.

2016 solar PV module shipments totaled 912MW in the first quarter, exceeding expectations 850MW to 900MW. Net income was $ 514.9 million in 2015, $ 702.1 million in the fourth quarter, 2015 to $ 333.5 million in the first quarter.

2016 gross profit of us $ 109 million in the first quarter in 2015, $ 134.2 million for the fourth quarter in 2015, $ 48.4 million in the first quarter.

In 2016, the first-quarter gross margin of 21.2% in 2015, fourth-quarter gross margin of 19.1%, 2015 first-quarter gross margin of 14.5%.

Hanwha’s Chairman and Chief Executive Officer of Seong-wooNam commented: “as we profit this year 2016 start deploying the right strategy to meet the demand for our products continues to grow, further growth in our technology and quality leadership. ”

As of March 31, 2016, Germany ingot production capacity reached 1,400MW, solar wafer capacity of 900MW, solar cell production capacity reached 4,850MW, photovoltaic modules reaches 4,800MW.

Solar cell and solar module nameplate capacity respectively to 5.2GW and 5.2GW.

The company is currently in the process of its cells and modules installed capacity expanded to include 5200MW and 5200MW, respectively, is expected to be completed by 2016.

The year 2016, the company expects shipments of components will be from 4,800MW to 5,000MW, 4,500 to 4,700MW growth than previously expected, revenue shipments of components from 4,600MW to 4,800MW. (/Tina translation)

Original title: hanwha Q CELLS release Q1 financial results: revenues decreased by 27%

Denmark energy in small countries great ambition

Polaris solar PV net news: only 5.6 million Nordic country of Denmark is practicing a major commitment in renewable energy development. In the early 1970 of the 20th century, Denmark 92% of the country’s energy dependence on imported oil. Today, Denmark more than 40% of electricity supplied by renewable power. Denmark pledged: 2035 100% power comes from renewable energy, by 2050 all industries using renewable energy. In addition, Denmark also plans not to use carbon emission quota of cases, to reduce 2020 greenhouse gas emissions from 1990 levels by 40%, which is more than ten years ahead of EU objectives.

Wind power pioneers

Denmark boasts rich wind power resources: average wind speed of 7.6 m/s (California’s Altamont Pass wind farm wind of 5.3 m 7.1 m/s, and the power output is proportional to the square of the wind speed). Denmark’s goal is that by 2020 wind power accounted for 50% of the total national electricity consumption is now smooth progress toward that goal. In 2015, the Denmark wind power has 42% of the nation’s total electricity.

In 1991, Denmark built over the sea at a distance of 2 kilometers coastline of the total installed capacity of 5MW wind farms to become the world’s first country to building large offshore wind farms. Since then, Denmark has built four other offshore wind farms, offshore wind energy installed capacity up to 1271MW. Meanwhile, Denmark also has 300 wind turbines on land. As of January 1, 2016, the nation’s total wind power installed capacity has reached 5070MW. In order to achieve the goals of 2020 wind power electricity consumption of 50%, Denmark also plans to add 1000MW offshore wind power installed capacity and 500MW offshore wind power installed capacity and larger stand-alone power replacement of wind turbines on land the old unit.

In order to avoid local residents oppose the construction of onshore wind farms, Denmark Government issued a series of regulations to ensure that the public’s support.

If, for example, resulting from the construction of the wind farm depreciation of the property of the local population, they get appropriate compensation, local communities can also share part of the revenue from electricity sales of wind power and, in addition, allowed local resident shareholding at least 20% wind farm ownership.

Energy efficiency leader

In terms of de-linking economic growth and energy consumption, Denmark also set a very good example. The past 30 years, the country’s energy consumption has remained relatively stable, but GDP has doubled. Denmark electricity and natural gas transmission system operator Chief Economist Henning Energinet Parbo said: “our ongoing efforts in energy efficiency greatly reduces electricity demand, and Denmark is not dependent on the development of energy-intensive industries. ”

In fact, Denmark is one of the most energy-efficient EU and OECD countries. This benefited to some extent Denmark companies optimize their industrial production processes, production facilities and equipment. Denmark aims by 2020 to reduce national energy consumption than 2010 levels by 7%. Including oil, electricity, natural gas and district heating, Denmark each energy sector is allocated according to the market share of the industry energy-saving targets. These sector industries association according to each company’s market share, energy-saving and responsibilities breakdown for each member company. Since 1977, Denmark new building efficiency has increased 4 times, and beginning in 2013 on the prohibition of the installation in the new building oil or gas heating system.

Highest proportion of distributed generation

In the area of combined heat and power (CHP), Denmark as the world’s leading. Denmark national 12% of electricity from biomass and organic waste cogeneration facility, and 80% area central heating from combined heat and power. Today, Denmark has 670 cogeneration facilities scattered throughout the country.

Denmark is currently using most of the biomass fuel from straw and biodegradable waste, which 30% were imported from Eastern European countries and Canada of wood pellet and wood chips. Supporters argue that the burning of biomass power generation wood pellet is a carbon-neutral energy form, because the carbon dioxide absorbed by plants in the process of growing quantities and is equal to the amount of carbon dioxide released during combustion. But there are a lot of people think of gathering wood as biomass fuel is not carbon neutral and behaviors, and damage to bio-diversity around the world.

Denmark climate, energy, and the Ministry announced in December 2014, only allowed to buy in the future based on sustainable production of biomass. The agreement has strict requirements for the whole biomass supply chains, provisions for the supply of biomass energy and cut down the trees must be replanted. But that still failed to quell the controversy, some say the replanting of trees may not be able to grow up healthy, they are also advocating the underground biomass resources must also be protected, including its biodiversity. And although the sustainable production of biomass, but it may continue to reduce in volume.

Denmark developing cogeneration facilities and wind generation capacity so that it became one of the countries with the highest proportion of distributed generation. Denmark has 15 centralized power plant in 1990. Now, there are 20 centralized plant (installed capacity of 4200MW), 45 electric boiler (installed capacity of 550MW), 5300 wind turbines (installed capacity 5070MW) and 94,000 solar PV panels (installed capacity 785MW) and 670 cogeneration plant (capacity 2300MW).

Renewable power grid stability

Despite market doubts wind stable enough, but Denmark one of the advantages is that it there are many neighbouring countries to export surplus wind power. Dang Denmark wind excess, as in July last year, when the country’s wind power capacity of the power demand of 1.4 times times, it has to export excess electricity to Sweden, and Norway and Germany. Sweden and Norway imported electricity is to conserve its water resources diversion when the lack of wind and hydroelectric power. Germany uses its own wind turbine to save coal. Due to the legal (and economic dispatch) require priority use of local renewable energy resources, coupled with Germany’s own renewable energy development is very developed, making it absorb Denmark wind power capacity is limited. In addition, Denmark is also planning to establish a network connection with countries farther apart, such as the Netherlands and England.

Denmark plans to build smart grid systems, and in 2005 began to practice on a full scale smart grid pilot project, with modular structure reconstruction of its power grid. For unit control pilot project (CCPP) continued a seven-year period, in a 1000 square kilometers of area using advanced computer system cooperative control of wind turbines, cogeneration power plant and other distributed generation resources, all these resources into a virtual power plant as a whole, according to wind conditions and intelligently adjust the resources consumed power installed generating capacity.

This will not only enhance the stability of power grids, as well as providing ancillary services, power balance, power output and input, voltage control and so on. Energinet study shows that using Smart grids can provide socio-economic benefits of up to $ 1.2 billion.

Most importantly, 15 years ago Denmark grid operators believe that renewable power supply 60% Network Magic, and today it has become a reality. In the integration of diverse, distributed and often unstable electricity from renewable resources, Denmark has become one of the world’s most powerful countries. Thus, Denmark is Europe’s most stable power supply, or even slightly over Germany, its stable than United States 10 times higher.

Say goodbye to fossil fuels

Want in 2050 get rid of fossil fuels, transportation is a big challenge, however, Denmark has made great progress in this regard. In order to prevent gasoline consumption, Denmark 180% tax on new cars, and electric vehicle shall be exempt from taxation; weighed more than 2 tons of cars 95% tax and years tax on energy-efficiency vehicles not eligible each year. Denmark free parking all cities are equipped with electric vehicles. Throughout Denmark, an estimated more than 4 million bicycles and 10,000 km of bike lanes. One-third of office workers and students across the country choose to ride a bike to work or school.

Denmark in its report for the year 2014, the Department of energy discusses how to achieve zero fossil fuels in 2050 the four scenarios:

Wind power: mainly on wind power, solar power and combined heat and power generation, including heating and a high degree of electrification of the transport sector;

Biomass: the meet as a cogeneration of electricity and district heating;

“Biomass +” scenario: use biomass instead of coal, oil and natural gas. Wind turbine at 2020 levels (total capacity of 50%);

Hydrogen fuel: the most significant wind resources in any situation, and at the same time to develop hydrogen fuel manufacturing.

Denmark also faces challenges. Parbo said to the Rocky Mountain Institute: “zero marginal costs on renewable energy development in Europe continued policy support, the traditional power generation enterprises out of the market, but it will bring difficulties to electricity pricing. Also, how to wind and solar resources are not available to ensure the electricity supply will be our main challenge for the future. ”

But Denmark Department of energy report’s main conclusions show, Denmark 100% get rid of fossil fuels in the energy system is technically feasible, and Denmark is moving toward that goal.

Original title: Denmark: small country big ambitions

Renewable energy affordable to buy utilization hours forecast

Polaris solar PV net news: national development and Reform Commission issued in March guaranteeing the purchasing management of the renewable energy power generation in full. Way systems describes the implementation of renewable energy affordable to buy, clarify responsibilities between the Government, power plant and power grid company. To solve the abandoned power, renewable to dissolve, and laid the Foundation.

Bloomberg new energy finance analyses:

First, about 96 million-kilowatt of the beauty items may be included in the scope of measures. Taking into account the “three North” areas significantly higher power rates, we believe Gansu, Xinjiang, Jilin, Heilongjiang, Inner Mongolia, Hebei and Liaoning provinces, the scene project guaranteeing the purchasing approach to. Deduction of concession projects and demonstration projects, a total of some 96 million-kilowatt around.

Second, guaranteeing the purchasing of wind power utilization hours about 1948 hours. According to the provinces of price above, and corresponding estimates of financing costs, installation costs, and 8% internal rate of return, we estimate that more than the average affordable wind power project utilization hours 1948 hour in 2015, representing a higher actual average utilization hours of 352 hours. Gap is the main reason the two provinces over 2015 years abandoned the wind high, and resources in these provinces is good lead to lower electricity prices. We estimate that Xinjiang and Gansu PV project of protective utilization hours, at 1025 hours, are lower than the province last year, the actual number of hours, mainly because the current PV on-grid price is higher.

Third, affordable acquisition effectively promote wind power project revenue. According to our calculations, in guaranteeing the purchase scenario, wind power project revenue levels by 2015, 20% on average.

IV, affordable acquisition and combination of market power has the effect of wind rate up to around 3%. If it is assumed that no case of blackouts over guaranteeing the purchasing of hours that included all the electricity market electricity trading, and this part of the charge corresponding to the price for the local scenery benchmark price difference with local coal benchmark price, guaranteeing the purchasing and marketing electricity total income 27% higher than in 2015. For wind power projects, the combined income, only 3% less than totally ideal state of power, equivalent to air ratio up to the 3% level.

Map: affordable hours actual use estimates and 2015 hours difference


Renewable energy affordable to buy utilization hours forecast

(Note: negative numbers show that affordable estimated number of hours below last year’s level, IM= HLJ=, Heilongjiang, Inner Mongolia)

One sentence summary: affordable takeover, if reasonably implemented, can effectively address the problem of abandoned power renewable energy development of one of the two big problems. Affordable used determines the number of hours, with yields on financing costs, approved by the Government and many other factors.

Original title: guaranteeing the purchasing utilization hours forecast

Motech China and Crystal for Sino American double reverse reconsideration the

Polaris solar PV net news: United States Commerce Department said China in 2014 double reverse reconsideration the respondent of the decision, all Taiwan companies held by Motech, China and crystal. Review results will be released in 2017.

Motech EnergyTrend said, will continue in the future with the United States Department of Commerce in consultation, the aim is to cut half of antidumping duties. In terms of strategy, Motech will actively put forward evidence that sales to United States prices far above the cost of batteries, higher than Taiwan prices there was no dumping.

In addition, Motech said plans have amplification components factory in East Asia in the future, in response to the international economic and trade situation of the more complex and reduce the impact of the single market.

According to EnergyTrend understanding, Taiwan solar energy industry think double reverse reconsideration has little impact on the market in the short term, the plant should be maintained at the existing operating conditions. Weak market conditions in the second quarter of this year, is more than double reverse reconsideration for vendors need to be cautious in the face of the situation.

China and 2012 years double the second results of the review are expected to be released in the near future. If Chinese manufacturers rate down further will cause greater impact on plant. But the United States demand began weakening, EnergyTrend prediction United States 9GW 2016 installed capacity to 11GW, 2017, the recession, and Taiwan manufacturers can make use of the third estate to meet the United States demand, so the impact on market conditions in the short run is limited.

In addition, there are some areas downstream of the plant layout, for example: energy storage Terminal and power station equipment, system components, and so on, to enhance profitability.

Original title: Motech, China and Crystal for Sino-American double reverse reconsideration the respondent has little short-term market shocks

Polaris solar PV NET week news highlights 5 16 5 20

Polaris solar PV net news: policy review

1. energy, Hubei Province, on adjusting the size of allocation in 2014 and 2015, PV power station remaining notifications index

In 2015, in accordance with the requirements of the National Energy Board, I through competitive methods in two batches in 2015-scale index assigned to specific projects, and the 2014 and 2015 for the record of the PV power station construction schedule proposed specific requirements.

Residual scale indicator 223,000 kW, the remainder of 2015 2014 scale indicator 440,000-kilowatt (including supplementary indicators) are no longer assigned to a specific project, managed by the energy Bureau, assigned first-served principles, points out.

For more details

2. on PV implementation of poverty alleviation project in Yichang, Hubei Province people’s Government

A few days ago, Yichang city people’s Government issued the opinions on photovoltaic projects for poverty alleviation, provided for in the comments, 2016-2018, 3 years on file in the City State poverty-stricken villages and poor implementation of PV projects for poverty alleviation (capacity 700,000-kilowatt).

For more details

Market review

1. a “price promise” not China’s polysilicon industry calls for tightening of trade remedy measures, such as

On May 15, latest news, plenary session of the European Parliament recently adopted a non-legislative resolution, opposed to recognize China’s market economy status.

In this regard, China’s Commerce Ministry responded immediately, according to the China’s accession to the WTO agreement article 15th WTO member on December 11, 2016 termination of anti-dumping against China’s “surrogate country” approach. This is a WTO Member States should comply with their international treaty obligations, does not depend on any member of the domestic standards.

For more details

2. Audit Commission informed 132 million photovoltaic solar project in Ningxia has been built

On May 17, the National Audit Office announced the first quarter of 2016 829 units 1796 project tracking audit results implement major national policy measures.

In funding and manpower is not in the Ningxia Hui autonomous region, Central of Golden Sun demonstration project grants do not spending by 132 million yuan of funds and manpower.

For more details

3. electricity prices cut PV comes up to?

National energy Bureau’s latest data show that in January-March this year, national new photovoltaic power installed capacity of 7.14 million-kilowatt, an increase of 52%. Industry experts believe that amazing capacity growth is the PV for “6.30” stress response to price adjustment. In power station construction after the initial installation costs a one-off subsidy of 1.0 times, power electricity subsidies 2.0 era will end, the PV industry in China is entering a new era of subsidies.

For more details

4. the sixth instalment of additional renewable electricity price subsidy Directory audit progress

Pursuant to the National Energy Board issued the notice on implementing renewable energy generation project management (new [2015]358) stipulates that the new energy power generation projects and grid enterprise information management through the renewable energy project in a timely manner platform declared price list of additional benefits. Ask the Ministry of finance and the National Energy Board, requirements on enterprises before May 20, 2016 login platform and supplement information, will not be included in this batch of items overdue list of price subsidies.

For more details

5. wind farm add photovoltaic power station construction feasibility analysis

Comparison of various kinds of renewable energy use, solar and wind power is one of the most mature technology and is also seen as most promising renewable technologies in the future. Wind energy resource and light resources have discontinuities and instability characteristic of certain parts of the world from a macro point of view, however, wind and lighting resources on the geographic distribution of resources has a great consistency, such as China’s “three-North region” is wind-rich regions, is rich in solar resources, for the construction of large-scale wind farms and photovoltaic power stations.

For more details

Enterprise version

1. GCL PV integration by the Shenzhen Stock Exchange inquiries “dark horse” what is the problem?

Late on May 18, a-share listed companies GCL integration released a clarification announcement, said had organized staff and intermediaries, on its Shenzhen Stock Exchange received the letter of inquiry on integrated 2015 annual report on GCL (hereinafter “letter of inquiry”) prepared to work.

For more details

2. Peng Xiaofeng, or the return of the King return to Sunway LDK!

Recently, game dimension founder, and Qian Chairman Peng Xiaofeng led its SPI team arrived in Jiangxi game dimension LDK Solar hi-tech limited, known, sinovideo since last year began on has on bankruptcy restructuring of road, zhiqian online biography of around of message said: Association Xin integrated is acquisition game dimension, but this message does not too clear, because Peng Xiaofeng, line people trip of purpose is talk about SPI acquisition sinovideo of related matters.

For more details

3. new or into a Wall Street Darling?

In Wall Street’s favorite SunEdison filed for bankruptcy when a bleak Outlook, one of the photovoltaic industry giants are to welcome the light from the East.

As China’s large private investment firms in the operation of its new energy flagship, new energy investment limited (hereinafter referred to as ‘ new) in the industry and capital movements particularly in the field of concern. The rapid development of the Chinese market, as well as its unique family genes, began to win from the heart of Wall Street investment banks.

For more details

4. financial difficulties Yingli votes again in breach of

Baoding Yingli solar photovoltaic modules a pseudonym “11 Willie MTN1” medium-term notes due on May 12 this year, but China bond information network bulletin, ending business as at payment date, Yingli Green energy to cope with cash funds have not been received, equal default.

For more details

5. the sharp fall of miserable fall leading position in solar sales

Dismal performance of sharp (Sharp) has decided to incorporate Taiwan Hon Hai its reorganization, although Hon Hai Chairman Terry Gou promised in principle to maintain the sharp staff employment, layoffs, but with the sharp deterioration of performance, Hon Hai also appears to have changed his mind recently have spread news of the sharp cuts, and object to the solar cell business performance continues to falter.

For more details

6.ST Yungang transboundary PV NET myth surprise

On April 29, ST cloud network acquisition plan, the company plans to issue shares bought by Ningbo, Wuxi environmental sanitation, jinneng, Shanghai XI 6 shareholders holding Ding into Sichuan electric power engineering Ltd (hereinafter “China Ding”) 100% equity.

Sichuan Ding is mainly engaged in investment in solar photovoltaic power plant development and construction, as a general contractor for the construction of photovoltaic power plant development, Sichuan Ding is responsible for the project survey and design, device purchasing, construction and other links.

For more details

7. coal prices dive Thailand King of coal power in China to buy solar power

In the industry with the “King of coal power in Southeast Asia,” said of the banpu group, had been more interest in coal mining and traditional power generation. In 2016, the banpu group Kai began to launch a solar field expansion plans of mergers and acquisitions.

For more details

Comment article

1. the PV industry how to come out of its “winter”?

Recently, the national development and Reform Commission pricing pricing Department official said, China will gradually cut photovoltaic subsidy levels until the removal of subsidies.

Solar power belongs to the new power type, because of its power generation costs are higher than traditional sources of energy, subsidies in its early stage of development in many countries, including China. Under the stimulus of the favorable policies, China PV industry has entered a period of recovery. Although the PV industry has gradually come out of the cold winter, but also increasingly dependent on the policy of the industry development, abandon light phenomenon, the funding gap expansion problem still exists.

For more details

2. the five gave up the idea build photovoltaic power plant

As the State support policies for PV power generation are maturing, ushered in the building the roof installation spree, urbanites idle resources effective use of roof, on the premise of to meet their own electricity needs, the remaining electricity sold to the State grid, save electricity, and increased revenue, and practice of energy-saving, environmental protection, can be too.

But note! Not all people, all roofs are suitable for installation of photovoltaic power stations, urbanites encounter five situations can take the initiative to give up the idea of building power plants!

For more details

3. crack renewable generation quotas and green certificate trading policy bottlenecks

With the expanding scale, renewable sources of energy face more severe challenges, especially amongst the higher proportion of power rationing and price subsidies gaps, planning construction problems. In the current environment, only by the continuation of previous policy will be difficult to resolve urgent problems facing renewable energy development must be combined with energy development and electric power system reform process, mechanisms for renewable energy policy and innovation.

For more details

Peng Xiaofeng or the return of the King return to Sunway LDK

Arctic star solar PV network news: recently, game dimension founder, and Qian Chairman Peng Xiaofeng led its SPI team arrived in Jiangxi game dimension LDK Solar hi-tech limited, known, sinovideo since last year began on has on bankruptcy restructuring of road, zhiqian online biography of around of message said: Association Xin integrated is acquisition game dimension, but this message does not too clear, because Peng Xiaofeng, line people trip of purpose is talk about SPI acquisition sinovideo of related matters.

In fact, apart from Peng Xiaofeng SPI has bid to acquire new listed companies outside the LDK, there are seven companies have been bidding, including Concord, Crystal branch, us Redi … … Even a Korea enterprise. This description sinovideo has in to good of direction development, still is a is has value of enterprise, from January 2015 began, game dimension company of the business income compared are has growth, and achieved are cash flow, which wafer volume up 1.6 million tablets, close history highest level, Silicon material production through last year of cold hydrogen of technology Hou, production, and quality are sharply upgrade, production cost sharply reduced, market competitiveness significantly enhanced. In 2016, sinovideo was reborn like Nirvana, and only in the first two quarters, the business income has reached as much as a full year of revenues last year.

Although the bidding companies, but sinovideo Liu Zhibin, Chairman of the current meeting with former Chairman Peng Xiaofeng said: hope Peng Xiaofeng sinovideo stay, Peng Xiaofeng, after all, is the founder of sinovideo if Peng Xiaofeng can return to saving, one of the things that is welcomed by all. We also have reason to believe that each dimension can people look forward to welcoming Peng Xiaofeng, Chairman of “home”, believed that under his new leadership, sinovideo can revive the prestige!

Of course, the LDK will eventually flower who remains constant, so all of us will have to wait.

Original title: Peng Xiaofeng, or the return of the King return to saving!

Coal prices dive Thailand King of coal power in China to buy solar power

Polaris solar PV net news: Thailand’s largest coal mines and power plant operators banpu Group (Banpu Public Company Limited) has recently become an active user on the new energy trading markets in Asia Pacific.

In the industry with the “King of coal power in Southeast Asia,” said of the banpu group, had been more interest in coal mining and traditional power generation. In 2016, the banpu group Kai began to launch a solar field expansion plans of mergers and acquisitions.

News from Bloomberg, banpu Group announced earlier this week to spend about us $ 93 million (about 600 million yuan), the acquisition of the four solar power plant project in China’s Shandong province.

Wan Pu this major coal sales plunged due to last two years.

Wan Pu Somruedee Chaimongkol, Group Chief Executive, said the purchase will in 2016 interim after the four solar power projects use came into force.

According to one person close to banpu Group China top reporters on the interface, Thailand has become the solar executives the investment one of the fancy. Corresponding to this is that China is Thailand purchasing power is one of the main suppliers of energy.

The industry insiders told reporters, except China PV power station, Wan Pu Group also to consider other more mature markets, the internal investigation to buy Japan the feasibility of solar power plants.

Coal accounted for 93% of Group income. In 2015, was founded more than 20 years, the headquarters is located in Thailand’s world well-known enterprises in coal energy because of the global downturn, coal city injured, prices dip as much, banpu group in the year’s first loss in the second quarter to 54.3 million baht (about 10 million yuan).

First half of 2014 than 2.49 billion baht (about 450 million yuan) in net profit, banpu investor dismay group net profit in the same period plunged by more 94%. Performance flip is because coal price plunge.

First quarter of 2016, banpu group loss improved, double growth in revenue and profit, mainly because it was in the group is located in mergers and acquisitions the Hong Shahuo power project in Laos. Evaluation of the industry, without strong management measures, banpu Group operates or will face even greater challenges.

Wan Pu said, Sino-Japanese solar power plant acquisitions if the two countries can be completed in a timely manner, then the Group’s installed capacity of more than 100 megawatts of solar power station. 78.5 MW of which came from China, 20.8 MW from Japan. To reduce the Group’s operational risk and broaden the sources of profit diversification has a great help.

Somruedee Chaimongkol said Wan Pu currently plan to boost generating capacity to 4000 megawatts, power while aggressively expanding its business overseas, main target market is China. Indonesia, Viet Nam, and Japan and India have become important distribution market.

These people told reporters, banpu group plan to invest in renewable energy, including solar, biomass and biogas power to compensate for losses caused by coal.

Wan Pu County, Shanxi, Henan, Hebei and Shandong investing in coal mines and power plants. Its operations in China, headquartered in Beijing, currently operates two underground in North China coal mine and three combined heat and power plants.

In China’s coal industry since 2003, Wan Pu by Asian American coal mining coal company in China for investment and development, with Shanxi gaohe energy limited (high river), 45% shares. High River coal from Shanxi province got 30 years of underground coal mining and production rights. Design production capacity of 6 million tons per year. Meanwhile, its invested coal production in Henan, by Hebi zhongtai mining limited 40% of the shares of the joint venture, which operates underground coal mine in Henan province, Hebi coal mine with an annual output of 1.4 million tons.

In early 2006, Wan Pu investment gains in China coal mine (China) Ltd began to enter China’s power market. Currently in zhengding, Hebei province, luannan zouping, Shandong province, and owns and operates three thermal power plants, three power plants with a total installed capacity of 248 MW, total production was 808 tonnes of steam per hour.

Original title: coal prices plunged Thailand King of coal started to buy solar power plant in China

Jiaxing Zhejiang Province PV town new town bar

Arctic star solar PV network news: this year Qian three months, PV small town within project cumulative investment 562.15 million Yuan, PV small town core of PV section create Park, and in the energy-saving new energy industry Park, and Sheng Thai PV, focus project construction and the investment introduction funding smooth advance, 160,000 square meters of PV small town venture Center is construction tender, construction of 25 a industry project in the has has 6 a completed construction and production…… Yesterday, reporters learned from the high-tech zone of xiuzhou district, is stepping up construction of photovoltaic town.

Town PV PV and PV manufacturing as the axis, to PV and PV tour for an extension of service, closely around the “PV concept” theme development in order to achieve “PV everywhere, every family with photovoltaic, PV for all” for the development of ideas, eventually a suitable for industry, livable, and tour “great convergence” characteristics of small towns. In accordance with the “Government guidance and market operation, Enterprise, social participation” development model, located in the building become the leading distributed scale application of photovoltaic power generation demonstration area, world’s leading photovoltaic technology research and innovation area, nationally known characteristics of photovoltaic intelligent manufacturing center and national industry support significant benchmark in new towns.

Create a joint innovation platform

According to PV technology frontier Highland of strategy positioning, xiuzhou PV small town to PV section create Park for subject, build a “political research Kinsuke with” joint operation platform, precision introduced authority research institutions, strengthened public detection certification service, play industry Fund oriented role, for some has development prospects of new PV battery technology, and core PV production equipment manufacturing technology, and PV power related technology and and of supporting of design, and detection, and integrated technology,, for joint research, To build local authority status of distributed PV photovoltaic technology research, PV town technical information for publishing to become the industry leader. At present, the University of new South Wales-Shanghai Jiao Tong University (Shanghai) PV Joint Institute for innovation, new langxin-new bright energy, cable Lowe signed new energy projects have also been assigned to photovoltaic Innovation Park.

According to PV photovoltaic intellectual promotion scheme, small town of xiuzhou district, in the area of intelligent manufacturing, through the device functionality, applications of industrial robots, construction industry, fully implement the management standards of the Internet, enterprise design intelligence in PV equipment and photovoltaic glass production factory, helping PV module manufacturers transform digital workshop, and encouraging enterprises to actively participate in intelligent improvement of national and provincial projects.

Perfect combination of architecture and PV

Photovoltaic infrastructure of the town reflects several major features, one of which is in the town of architectural design and construction of full space of photovoltaic panels. For example, a common rooftop solar photovoltaic panels to achieve full coverage in the Township and, in addition, PV glass curtain wall façade application, transforming vehicles, bicycles hood, use of water surfaces and tidal flats and channels, greenhouse, land and other resources, promoting the “Yue Kwong mutual complements” and “solar corridor” PV projects.

Towns reflect the PV function integration of public facilities in use, is the photovoltaic characteristics of small town infrastructure. It is reported that in some functional facilities such as street lights, traffic alerts, sign, telephone booths, meteorological and hydrological observation equipment above integrated photovoltaic modules and achieve self-sufficiency in electricity and small closed system energy storage.

New energy housing construction, is another feature of PV town construction. Rely on PV technology development and application, through the integration of photovoltaic, solar thermal, wind power, biomass, new construction, high performance thermal insulation materials and components, efficient equipment and devices, intelligent management control system, town exploration, energy saving, energy storage, smart integration features of the new housing system.

Building integrated photovoltaics, PV town has made useful explorations. Reportedly, PV section create Park roof plans used photoelectric conversion rate reached 28% of solar as roofing PV array column, window, and curtain wall used light rate 90%, and photoelectric into rate 13% to 18% of crystal silicon PV solar as PV component, is expected to roofing PV Board area about 20,000 square meters, wall surface and window PV Board area about 20,000 square meters, years electricity will up 4 million-kilowatt Shi, through project model advance photoelectric building integration in Park of promotion.

Started the PV tourism brand

PV PV industry in the town will be in functioning based on the further development of its added value, developed derivatives such as science education, exhibition and tourism industry, attractions within the domain of organic tandem, designing new industrial tourism model, build new industrial tourism experience, enhance photovoltaic town brand value.

In the process of building, PV town design and green Sun, PV application of water blending style veranda. Full absorbed town-view integration ideas, small town into a big whole PV landscape. Use the hydrological resources of the Canal within the Township, to create wetlands. Careful planning design of tourism transportation routes, through the regional North-South corridors of open space through the veranda, achieving integration of photovoltaic applications, water characteristics and ecological environment showed. Better tourist infrastructure, such as travel direction, safety signs line the road and landscaping, and so on.

Industrial Tourism town travel is the focus. Town will pick up in the town of manufacturing enterprises in the future process in length with moderate number of processes, intelligent application of good facility, renovation of external environment, creating transparent factory visit. Transparent factory was manufacturing not only to visit, but comprehensive display of plant operations, including corporate history gallery, Omni-directional multi-angle product production process, including enterprise dominant production focuses, description of the process control system, as well as our staff, staff of life and entertainment facilities, sports activities, such as culture display.

Original title: PV town new town bar

Solar PV Tracker market in North America 2015 from 135

Polaris solar PV net news: according to IHS, said 135% solar PV market has grown in North America by 2015, 5.5GW.


Solar PV Tracker market in North America 2015 from 135%

2014 market 22%, United States NEXTracker rankings before the Array Technologies, which last year became the leading supplier of photovoltaic Tracker.

Despite Array Technologies (ATI) ranking fell to the second place, the company increased its market share, continue to increase shipments to 2.5 times.

Leading component manufacturers First Solar and SunPower in the top five by 2015, mainly thanks to its utility-scale projects on the ground.

SunPower market share loss was largely attributable to the utilities business, greatly affecting their shipments of single-axis trackers.

Participation in large OCI solar photovoltaic projects to Texas, SunAction Trackers are in 2015, the only top-five leading suppliers of dual-axis tracking. However, in response to the rapid deployment of single axis trackers, the company unveiled its 2015 single-axis trackers.

PV Trackers is expected to intensify competition in the market

Single-axis solar Tracker market in North America 90% of the top five suppliers dominating the market, with many market participants expected, intensifying competition in the industry will be in 2016.

SunLink, and ameChangeSolar, and SolarFlexrack, and Shoals and other vendors or upgrade a single axis tracker introduced last year.

Barati said: “Although the Tracker market has traditionally been dominated by North America United States suppliers led NEXTracker and Array Technologies, European suppliers, including Exosun, Clavijo, Ideematec,Soltec and Optimum Tracker still active continue to expand, adds a lot of price pressure in the market. ”

ITC extension for United States utility-scale development of the supplier provides a clear roadmap

Because the United States exploded in the Tracker market in 2016, and 2017 is expected to make further acquisitions. Leading engineering, procurement and construction companies are committed to more vertical integration and other system and component supplier to this fast-growing market.

United States investment tax credit (ITC) policies extension also contributed to this growth. (/Tina translation)

Original title: solar photovoltaic Tracker market in North America 2015 from 135%

Virginia solar energy group and GE operate Japan solar farm

Polaris solar PV net news: recently, GE and Virginia solar energy group has already started commercial operation of common Japan 32MW Kumenan, Okayama solar farms in the West.

Kumenan, Okayama Okayama Prefecture Pacific energy company solar power project opened in March this year, the operation and has been generating electricity. The power plant has been with the local utility, China electric appliance limited company to sign power purchase agreement for the next 20 years. Based on Okayama Asahi Electric Corporation will provide continued operation and maintenance services for power plants.

The power plant project was built by Tokyo Japanese EPC company, completed one month in advance. According to the company, according to the mountainous terrain of the project structure and slope are specially designed, helps maximize power output and cost efficiency.

This is currently in Japan one of China’s largest solar farms, could provide enough electricity for 11000.

Mitsubishi Tokyo UFJ Bank and Japan Bank project financing provided 11 billion yen of loans for the project.

GE Energy financial services company Managing Director and head of Asia Pacific said, “we are pleased to see us at Japan investment projects have begun to generate clean electricity for the first time, to help the country meet its renewable energy goals. ”

Pacific energy Kumenan, Okayama representative of the opinion of the directors, “the 32MW project for us, is a great first step. We challenge the design, procurement, construction, project financing, optimization, increasing as the Japan solar energy market feasibility of sustainable sources of energy. ”

Original title: Virginia solar energy group and GE operate Japan solar farm

Encountered this idea of five circumstances abandon building photovoltaic power

Polaris solar PV net news: City of high-rises, neon. Hurrying figure can be seen everywhere, market value placed in Bandit clothes, bags, all kinds of luxury cars in the street roadside speed, air filled with stylish atmosphere.

Fashion outlined for the city: “only you can not think of, nothing. “Read carefully, it does. Many people have been fashionable, technological trends, and played on the roof photovoltaic power plant.

As the State support policies for PV power generation are maturing, ushered in the building the roof installation spree, urbanites idle resources effective use of roof, on the premise of to meet their own electricity needs, the remaining electricity sold to the State grid, save electricity, and increased revenue, and practice of energy-saving, environmental protection, can be too.

But note! Not all people, all roofs are suitable for installation of photovoltaic power stations, urbanites encounter five situations can take the initiative to give up the idea of building power plants!

One, poor area of illumination

Because PV power only in light conditions, if your city smog all year round, rain or ice and snow, poor light conditions, then it is not suitable for the construction of photovoltaic power plant. Most people build photovoltaic power station is not really on fashion, trends, they are more focused on saving electricity to obtain return and, of course, there are energy saving and environmental protection factors in it.

Smog all year round, rain or ice and snow, without good illumination, benefits cannot be assured, Yu Jianguang volt power station, contrary to the original intention of.

Second, roof rights is not clear

When users apply the roof PV power station needs to prepare some materials: evidence of the property or the use of housing; public roof construction power plant requires proof of consent issued by the property-building materials, as well as other owners consent.

Certificate in order to prove this roof, this House belongs to you, so you can only build photovoltaic power plant. If you live in the housing, then the roof does not belong to you! For multilayer or top over top of a residential building in the public area, does not belong to a single family, the residents of the whole building use rights.

You want to be in a public area to build individual station, requires the consent of all the owners consent to do this I think is not so easy! If the privately built power plants, will most likely face a danger of being split.

Third, the roof load capacity

PV power station was built on the roof, to fully take into account the fixed roof load, wind load, snow load, earthquake load, but also has enough capacity to host the PV modules, PV cable bracket, as well as, part of the weight.

Without taking into account these factors, in the harsh environment, the roof is likely to be crushed.

Four roofs keep out severe

These problems do not exist, then there will be a basic condition of building power plants, we would like to remind here is block, block usually refers to something block, South block. Many factors leading to occlusion, may be between floors may be vegetation, probably between components. Don’t underestimate the block hazard components have long been obscured shutters of solar heating, hot-spot effect, severe cases can damage the module.

Build power stations need exploration well in advance before the roof area in and around the building.

Economic strength of five, did not build power stations

Photovoltaic power plant construction costs are high, 5kW solar power stations to more than 40,000 yuan, and if you’re still lingers under the food, so please leave it alone! Upfront investment, after all, is not a small number, plus 6 years this week, want to earn quick money by investing in photovoltaic power plant is not realistic.

Summary: from the PV market development potential, the potential of the city, rich in resources, more people with economic strength is relatively rural, which is this years of PV power in the city to promote faster than rural main reason. Photovoltaic power generation is not for all people, all roofs are available. In order to build a sustainable and stable revenue of PV power plant, you need to consider many factors, only the PV is not what some people call the chicken.

Original title: meet the five, gave up the idea build photovoltaic power plant

List of sixth instalment of additional renewable electricity price subsidy audits

Arctic star solar PV network news: January 30, 2016, Treasury released on organization declared can renewable energy electric price additional funds grants directory of notification (fiscal do built [2016]9,), requirements the provincial financial, and price, and energy competent sector and national grid company, and South grid company organization declared sixth batch can renewable energy electric price additional funds grants directory, Yu February 29 Qian joint reported Treasury, and development reform Board, and national energy Council.

Entrusted by the State finance, pricing, Energy Department, national renewable energy information management centre (hereinafter referred to as information center) began in February 2016 renewable electricity price list of additional financial aid audits. On May 15, 2016, the preliminary audit work completed.

During the audit, found that provinces and utilities reported some items in the project (refer to table) not Department of energy renewable energy generation projects through the national information management platform for completing the necessary audit information and supporting materials, and impossible to verify whether the project has included in the list of subsidy eligibility.

Pursuant to the National Energy Board issued the notice on implementing renewable energy generation project management (new [2015]358) stipulates that the new energy power generation projects and grid enterprise information management through the renewable energy project in a timely manner platform declared price list of additional benefits. Ask the Ministry of finance and the National Energy Board, requirements on enterprises before May 20, 2016 login platform and supplement information, will not be included in this batch of items overdue list of price subsidies.

Schedule 1 does not declare subsidies through the information platform of grid-connected power generation project (the sixth)

Information platform to declare subsidies failed on schedule 2 of the Web project (the sixth)

Original title: list of sixth instalment of additional renewable electricity price subsidy audits progress

ST cloud network transboundary PV NET myth surprise

Polaris solar PV net news: on April 29, ST cloud network acquisition plan, the company plans to issue shares bought by Ningbo, Wuxi environmental sanitation, jinneng, Shanghai XI 6 shareholders holding Ding into Sichuan electric power engineering Ltd (hereinafter “China Ding”) 100% equity.

Sichuan Ding is mainly engaged in investment in solar photovoltaic power plant development and construction, as a general contractor for the construction of photovoltaic power plant development, Sichuan Ding is responsible for the project survey and design, device purchasing, construction and other links.

Prior to this acquisition, Sichuan Ding has undergone several ownership transfers, compared with the previous transfer valuation, this acquisition in the Sichuan Ding valuations increase significantly.

According to the plan, in 2016, Sichuan Ding into rapid growth. But public information, close to 60% ‘s business comes from the connected transactions of the company. What is more worrying is, without the support of related parties, Sichuan is able to continue to maintain the profitability of Ding.

Share capital valuations soared feast

According to the plan, Sichuan Ding was founded on February 6, 2015, co-sponsored by Zhu Wanjun and Cai Xingjun established company with registered capital of 5 million Yuan.

On August 11, 2015, Zhu Wanjun Sichuan Ding 65% its ownership transferred to Wuxi environmental sanitation, transfer rate is 4.225 million; its equity transferred to Sichuan Sichuan Ding 15% puzheng, the transfer price for 975,000. Cai Xingjun its equity transferred to Sichuan Sichuan Ding 20% puzheng, the transfer price of 1.3 million Yuan. At this point, the tripod into the overall valuation of 6.5 million yuan in Sichuan.

On March 30, 2016, Sichuan Sichuan Ding 35% puzheng its share transfer to Ningbo Tin-can, the transfer price of 155 million Yuan. At this point, the tripod into a valuation of about 443 million Yuan, Sichuan.

According to the plan, Sichuan Sichuan Ding puzheng get into 35% equity investment of 3.5 million Yuan. Holding less than eight months, Sichuan puzheng more than 150 million Yuan.

Business information, Park is in Sichuan province was established on August 13, 2015, when getting a tripod for equity in Sichuan, the company has not yet completed business registration company with registered capital of 1 million Yuan, two natural person shareholders Lin Qiang and Fan Yaqin, respectively.

As an equity purchaser, Ningbo Tin can was founded on March 22, 2016, its partners and Jiang Qian Bian Qiaofeng, Bian Qiaofeng as limited partners, the proportion of the subscribed capital of 99%; Jiang Qian to unlimited liability partner, accounting for the proportion of the subscribed capital of 1%.

Statistics show that Wuxi sanitation 87.13% owned by Bian Qiaofeng also, Wuxi environmental sanitation actual control. Ningbo Tin-can and puzheng before trading in Sichuan, Sichuan Ding Bian Qiaofeng held by Wuxi environmental sanitation into 65% shares.

It is to be noted that, according to public information, on December 10, 2015, Wuxi, Wuxi environmental sanitation and Zhou Feng Ke (hereinafter “Wuxi Zhou Feng”) joint venture majority-owned subsidiaries. According to available data, Wuxi day natural person shareholder of the same Fan Yaqin and Lin Qiang.

Puzzling is that Ningbo Tin-why so high a premium partners shareholders equity?

Plan, Ding said, Sichuan, Sichuan puzheng of financial investors, aware of the Sichuan top cost is intended to introduce new investors and capital after the operation with the listed companies, puzheng in Sichuan province based on capital operation of uncertainty about the future consideration and lock on the shares of the listed company made arrangements for the future, Ding into voluntarily opted out of Sichuan.

More noteworthy is that according to the plan, on April 5, 2016, Ningbo Tin can transform its Sichuan Ding 14.732%, 11.339%, 4.464%, 4.464% of the shares are transferred to Shanghai XI phantom responsibility, Shanghai, Shanghai Xu Hui ying and Shanghai, the transfer price was 165 million, 127 million, 50 million and 50 million Yuan.

At transfer prices, within a week, Sichuan Ding value explode to 1.12 billion yuan, an increase of 152.82%.

This acquisition, Ding in Sichuan estimated about 1.44 billion yuan, representing former shareholders shareholder valuation has once again added value of 320 million Yuan, the reference date for March 31, 2016. In other words, Sichuan Ding after the valuation date of the valuation but less than the valuation of the acquisition, there is no doubt that undermine the interests of minority shareholders.

As at the valuation date, Sichuan Ding unaudited net book value of the parent company for 48.5783 million Yuan, appreciated 1.356 billion yuan, the multiplier is about 2792.11%; Ding received base in Sichuan province in the future taking into account replenishment sum of 400 million Yuan, in the deal, Sichuan top estimated price of about 1.8 billion yuan.

Related party transactions fattening performance

Plan, Ding said, Sichuan, Sichuan Ding Ningbo Tin-up firms such as haiyouxi into 35% shares, deals priced higher than the company equity investments costs, mainly based on Wuxi sanitation control and its associated on Sichuan Ding into the rapid development of outstanding contributions, after consultations among the parties and gives the people of Wuxi sanitation control and its associated high premium on share transfer.

Financial data shows that in 2015, the Sichuan tripod into a revenue amount is zero,-6.4495 million yuan in net profit. 2016 1 March, Ding Cheng achieved operating income of 307 million yuan in Sichuan, reported net profit of 53.0615 million Yuan, the company accelerated significantly in performance.

Is in need of attention, 2015, the Sichuan Ding has signed several cooperation agreements with related parties, the company’s earnings growth is to a large extent depend on related party transactions.

Public information displayed, October 28, 2015, Sichuan Ding into and subsidiary respectively and toksun County gold Sun PV power limited, and static gold Sun power limited signed agreement, trading subject matter for signed Jiangsu gold Sun toksun County 20MWp grid PV power project and II Division 21 mission 20MWp PV grid project design construction and the equipment procurement contract, contract amount total for 392 million Yuan, specific contract intends by Sichuan Ding into power engineering limited and subsidiary implementation.

According to some statistics, Jiangsu kingsun electric limited (hereinafter “the Jiangsu Golden Sun”) were held in tuokexun solar photovoltaic power generation company limited, and the solar power company limited 100% equity; as of day, Wuxi environmental sanitation actual controllers of Bian Qiaofeng Wu Linglin owns 50.17% shares of Jiangsu Golden Sun, controlling shareholders and actual controllers Jiangsu Golden Sun; the associated transactions constitute incidental transactions.

The same day, Ding into Sichuan and its subsidiaries also with Longjing tea machine in new energy technology limited (hereinafter “Longjing”) signed the engineering design and construction contract, the electrical contract, the object of the contract for Longjing 20MW photovoltaic project in engineering design construction and equipment procurement, contract amount in total to 191 million Yuan.

According to available data, Wuxi baby Bo Yuan Technologies Limited (hereinafter “baby Bo”) Longjing tea in the 31.09% stakes. As of day, Bo Bian Qiaofeng baby 70% stakes, legal representative and General Manager of the company, at the same time, father of Wuxi sanitation Director Jiang Qian Bo baby 30% owned by Jiang min, Department supervisor. The associated transactions constitute incidental transactions.

Acquisition plan, Sichuan, Ding said, “up to now, the company has completed more than 100 MW solar photovoltaic power plant development and construction contracting services.”

In an open data, as at report date, Sichuan tripod as close to 60% ‘s business comes from related party transactions with associated enterprises.

Acquisition plan, the original shareholders ‘ commitment, Ding a 2016-2018 realization of Sichuan’s total net profit of not less than 820 million Yuan. Among them, 2016, 2017, 2018 to achieve net profit of not less than 200 million Yuan, 270 million and 350 million Yuan.

Worry is that without the support of related parties, Sichuan tripod can still successfully complete performance pledges?

Profitability is different from peers

Acquisition plan, Sichuan Ding zhongli technology as comparable objects, and spaceflight machine the same photovoltaic power plant EPC business. Compared with listed companies in the same industry, Ding into significant differences in profitability in Sichuan.

In 2014, the technology photovoltaic power plant business revenues 3.133 billion yuan, project operating costs of 2.096 billion yuan, the gross margin would be about 33.1%. PV of technology transfer in Li Tenghui in the business primarily through its subsidiaries.

In 2014, Li Tenghui in a net profit of 156 million Yuan. As a rough calculation, in 2014, the transfer of technology in photovoltaic power plant operational net profit margin is about 4.98%.

In 2015, the technology transfer of PV power plant in 686MW, reported revenue of 5.303 billion yuan, project operating costs to 3.637 billion yuan, company PV business with gross margin of about 31.42%; PV business to achieve a net profit of about 441 million, net interest rate is about 8.32%.

Plans show 2016 1 March, Sichuan top operating cost of 237 million Yuan, the company gross profit margin of about 22.81%; 53.0615 million yuan in net profit, net profit margin is about 17.26%.

Compared with the technology, Sichuan Ding into much lower gross margins, but the company’s net profit margin was significantly higher than that of technology.

Meanwhile, according to the annual report data, 2014-2015, aerospace electromechanical transfer PV 170MW and 290MW respectively. According to the annual report, and spaceflight machine PV power plant EPC business through a subsidiary of Shanghai solar energy science and Technology Limited (hereinafter “Shanghai solar energy”).

Financial data shows, 2014-2015, solar revenues of 2.008 billion yuan respectively in Shanghai and 2.845 billion yuan net profit of 116 million and 69 million Yuan respectively. As a rough calculation, 2014-2015, aerospace electrical photovoltaic power plant EPC project of net profit was about $ 5.78%, and 2.43%.

Compared with the spaceflight machine, Sichuan Ding into profitability is surprising.

In addition, it is worth mentioning is, according to technology and spaceflight machine in disclosing data calculation, under normal circumstances, revenue per 1MW in 7.5 million to 12 million Yuan.

Plan, Sichuan, Ding said, up to now, the company has completed more than 100 MW solar photovoltaic power plant development and construction contracting services.

By this calculation, as at report date, Sichuan Ding into realized revenue should be at least 700 million Yuan. But the financial data shows, 2016 1 March, Ding into Sichuan realize the amount of revenue just for 307 million Yuan, the company’s revenue recognition worthy of attention.

Original title: ST cloud network transboundary PV NET myth surprise

PV intruder

Polaris solar PV net news: because of their relative dispersion characteristics, PV is considered to be the best entry point for foreign investment into the energy sector. Which broke into the photovoltaic sector cross-border capital will ultimately become the PV industry’s “backbone”?

With the open PV market, more and more non-PV companies and capital began to pour into the industry. This group of new players play different, can become the future of PV industry “the backbone”?

March 2016, one known as the strategic layout of the internal flow of energy Ali cloud caused a great tremor in energy circles. Combined with the “Ali energy plan, to capture energy entrance” so exaggerated title, while, members of Ali the Internet giant to enter the energy industry, both excited and nervous.

Although Ali rumor, we find it is aliyun’s boss at the second China Energy Summit PPT show on the Internet. However, this did not reduce all of Ali, or Ali, on behalf of China’s Internet and information technology industry giant companies involved in the energy industry’s concern about the heat.

In fact, Ali in the energy industry has begun. In the new energy sector, Ali has been met with solar PV company Sun power, combined with photovoltaic, Dong Runhuan, a strategic cooperation agreement. Concerning the wisdom of PV power station, energy, Internet, Internet financial, cloud computing, big data, cooperation in the areas of information security. In addition, in the power, oil fields, Ali is also looking for partners to promote its digitization, networking and other services.

As you can see, Ali in the progress of the energy more concentrated in the field of photovoltaics. Photovoltaic characteristics due to its decentralized nature, also known as Internet, information technology company into energy the best starting point.

This is not the first of the photovoltaic industry has to face the industry giants. In 2013, introduction of inverter products. Now, less than three years later, Huawei has become a inverter shipments in China, second in the world.

Huawei and Ali as head of the cross-border investors, because of its own star, gained more attention. They selected point of PV industry chain in the invisible will also gradually expanded.


PV

Suntech and LDK LDK, two stars of the company represented by the photovoltaic industry, today covering Silicon material, component, EPC construction, power plant, system services, and a series of industry links of the photovoltaic industry, industry-shaking changes have taken place.

On one hand, traditional manufacturing enterprises have started to stabilize their market share, manufacturers shipments, ranking beginning to stabilize. Moreover, with the rise of Terminal-power and raw materials markets, start germination, incubation and rapid growth in new markets.

Along with the emergence of new markets, market also come. Coupled with lower trade barriers and stable returns, profitable, many non-photovoltaic industry cross-border corporate and capital are also ambitious. Raging tide of the Internet features more decentralised and PV, naturally attracted the attention of the Internet industry.

Diversification of industries are now an irreversible trend of the photovoltaic industry. “The photovoltaic industry has come to a wide range of periods, players began to enter. “Journal of energy finance expert Guo Jianhan to reporters that” in the future there will be more type and preferences of the enterprise into the photovoltaic industry. ”

These “non-Pro” is how to get into the photovoltaic industry? Diversification of industry brought changes to the PV industry? And, what with their end? These cross-border capital will ultimately become the PV industry’s “backbone”?

Attractive plant?

First, cross-border capital aimed at the power station.

Huawei launched inverter products in 2013, but the mass entering the industry vision is in 2014 and 2015. Only Zheng JianMing, is the first to break into the industry view of cross-border investors.

“2013 is the solar assets in China when the lowest price. Zheng JianMing into PV at this time was real smart people. “Red Wei Zheng JianMing, Deputy Director of the Institute of energy economics, China has a very high rating.

Even though Suntech big mergers and acquisitions, but Zheng JianMing more layout in PV power plant. Clean energy the wind (hereinafter referred to as wind) has also become a major China PV power station one of the holding companies. Based on publicly available information, downwind 2015 PV power plant holdings of 1.78GW.


PV

Zheng JianMing is not only in the PV market cross-border investors. Has been a “dark horse” attitude shows combined PV Group Limited (hereinafter referred to as the joint solar), as well as similarities many land holdings Limited (land), are from the PV power plant to start cross-border investors.

Why cross-border capital have the same choice of power station became a starting point? Other than the upstream manufacturing has saturated, plants also attract capital for the particular root cause.

“The first large scale photovoltaic power plant construction, upstream firms for manufacturing capacity of their own needs. “Guo Jianhan said to the reporter,” but cross-border capital come in, especially in listed companies, the eyes must have PV a good return on investment. ”

Photovoltaic power plant and upstream of a fundamental difference in the manufacturing sector. PV power station belonging to the power market, in the case of grid and power determine the number of hours, annual revenue is relatively fixed. “PV is deterministic-income market. “Red Wei said to the reporter,” photovoltaic plant life of 25 years, that in the past 25 years, no big fluctuations in power hours, earnings remained stable. ”

In response, Guo Jianhan also from the financial point of view and gives a positive view. “A lot of financial products and real yields are declining, this time to hold long-term stability of higher-yielding assets such as the photovoltaic power plant, has a great significance of asset allocation. ”

Look, PV power station seems to have all the advantages to attract capital. But the fact is that current PV markets lacking is money.

“We always have to explain to others, and upstream manufacturers of photovoltaic power station are not the same. “Land holding Lian Rui, General Manager of market development for magazine journalists said.

Now already covering upstream and downstream of the photovoltaic industry links, but whether it is media coverage and is usually discussed, always with the PV industry in a nutshell. This invisible power station owners a certain negative impact on financing.


PV

“Domestic financial institutions were worse affected by PV manufacturing industry a few years ago, one PV was afraid, not investment. “PV power plant operators, who asked not to be named top reporter complained about it.

However, who views the financial sector may not agree. “Financial capital is the most profit, if PV power plant assets really as quality as stated, there will be no such a big problem. “A bank engaged in financing of PV magazine journalists said,” financing reflect the photovoltaic plant itself there are no small profit risks. ”


PV

In the case of component costs, construction costs, significant financial cost determines the cost of PV power station. PV power station belongs to the capital-intensive industry, financing costs are tiny percentage differences, may zoom into a huge construction costs. PV of a single model, also invisible to expand the power station’s earnings risks. “The theory of light time has more than 2000 hours a year, could end up only 1800 degrees. With power cuts a year generation time is running out. ”

In addition to finance and power rationing, subsidies also has been plagued by power station Developer: State subsidies are not in place, local subsidies and height difference is huge. Cash flow distress as companies are forced to face the problem.

The photovoltaic power station was restored in “mystified” and realistic after both sides, we are also these PV “intruders” were originally the motivations and strategic judgment is more curious. Behind the success or failure of their very different, what necessity and contingency are hidden?

Intruder’s “make or break”

For emerging PV markets who have less than 3 years, may be far from any firm’s current state to judge the success or failure of the timing. However, after the company announced its ambitious plans, but stopped; some businesses, step by step, toward their goal; there are some enterprises in the wake of the March, hit a bottleneck.


PV

Perhaps the biggest loser was Xu jiayin, evergrande to him. September 2014, evergrande has just announced a 90 billion into the PV industry in a high profile, targeted in the Zhangjiakou. This is the vote announced in March after the PV industry, the most respected cross-border investors. Evergrande football, agriculture and other areas of cross-border “dollar strategy” enabling us to make the boss’s massive investment focus.

However, evergrande photovoltaic strategy after the silence. At that time, the magazine had repeatedly tried to contact the Permanent Head of the photovoltaic sector, but were unsuccessful. Finally, in March 2015, evergrande has officially abandoned the solar strategy.

Evergrande’s giving up the most direct reason is probably the lack of adequate funding. By the end of 2014, evergrande’s total lending amounted to 156.1 billion yuan. By the end of 2015, that figure soared to 296.91 billion yuan. 2014 evergrande’s 12.6 billion net profit, turnover of 111.3 billion.

Lack of adequate funding is not the only PV Waterloo evergrande failure. Found in the magazine track of evergrande, evergrande has not set up a dedicated PV team. Their solar strategies and even the head of the former head of evergrande real estate project in Hebei province.

If the constant short “spoiler” at best, added a lot to the PV industry to talk about. That people voted even more down to Earth. Investment of 200 billion within 5 years, installed capacity target of 20GW Grand not only clear, but soon entered a substantive stage of construction in Ningxia.


PV

However, according to information in the public domain in the past, zhongmin cast in 2015 to achieve the objective should be installed 2GW of PV power station. As of the time of publication, there is no specific disclosure of investment and PV installed capacity. There were even rumors, new energy company (the subsidiary is responsible for the development of new energy investment) senior might change, but the message has not yet been confirmed.

However, zhongmin cast in the PV field, another action that has been declared over. In November 2015, Liaoning Cheng da notices and zhongmin investment transactions difficult to implement in the short term, the two sides decided to terminate the framework agreement and the termination of the restructuring process. You know, just shortly after on October 19, Liaoning also signed a framework agreement with zhongmin cast, plans to issue shares to the zhongmin investment and purchase new parts or all of the assets (or stock), the underlying asset for a company established within China, mainly engaged in photovoltaic power plant construction and operation of a limited liability company.

If the constant failure can be summed up as “short” (no team), and “lack of money” (the company’s high debt ratio, it is difficult to come up with sufficient cash flow). So why people voted, with high profile into the PV market, a bottleneck?

The reason may be related to PV market has a close relationship.

“Cross-border capital into photovoltaic power stations need to think two issues. Essence is a photovoltaic power station is about. Another PV market does not actually very good. “Red, Wei said.

Only the case of evergrande, before cross-sector industry, or is already very mature, healthy industry (such as agriculture), or is not perfect, but it has a set of internal rules (such as football). PV market 3 years time, although give the impression of violence, long-term returns, but that just depends on subsidy lock and high electricity prices. Once these two prerequisites, photovoltaic power stations will no longer be profiteering, or even profit.

On December 17, 2015, the wind clean energy announcement that its shunfeng photovoltaic investment in Jiangxi province and Shanghai can trade framework agreements with future investment in Chongqing, to be sold at a cash price of RMB 1.2 billion 100% stake in target companies Shun new energy in Jiangsu Province. The sale by the company of Jiangsu Chang Shun new major sources of energy in the Mainland development and operation of PV projects and power stations, its nine subsidiaries including static tianhong sunshine solar energy science and technology, Hebei SULONG PV, Turpan sea solar power generation amounted to 180MW photovoltaic power plant projects.

Soon someone work out the power trading at 6.67 Yuan/w Digital. Although downwind to the rumor, but sell power stations and wind power station’s strategy seemed to still be massive mergers and acquisitions ran counter to some.

“The first photovoltaic power plant is a State-owned enterprise, and later a number of cross-border listed companies, now zhongmin cast. “Red Wei said,” as a result of State-owned enterprises out of listed companies also are steady and even reduce the momentum. ”

PV power station “intruder” experience makes us realize, professional team and a lot of money is not a guarantee of business success. In the PV industry under the background of premature, corporate mindset, goals, means is the key to enterprise.


PV

“Cross-border it is very difficult to cross-border in a new industry after what kind of things do, what kind of goals, what kind of mind to face, combined with accidental factors ultimately determine the success of the enterprise cross-boundary. “Guo Jianhan summed it up for the journal energy reporter.

Internet “invasion”

The surge in cross-border players, not everyone just stare “look beautiful” power plant market. More important, how its main industry and photovoltaic power stations closer together, so as to maximize their business advantage. Among these, the most obviously by the Internet and information technology services company.

Energy Internet or Internet + energy concept under the frequently heated debate over the past year, has become the industry outlet. But despite the concept, it also gives a lot of Internet enterprises to enter the solar market provides the opportunity for the type.

Using the Internet or the fine management of information technology to enhance photovoltaic power plant has become a consensus.

“Big data analysis is valuable to the user. “Envision energy PV product of reporter Sun Jie, General Manager of operations, said,” we will find that in practice, the same company, efficiency of power generation in the same area may be a lot of gaps. This is the problem of equipment selection and design optimization. Results of such owners continue to invest in this area in the future, there will be references. ”

Vision in recent years over the wind turbine business growth 100% quickly occupied the market as industry titans and familiar to the energy sector, its wind field WindOS has become the wind power industry management software platform operating system, managing over 50GW wind power assets around the world. In the photovoltaic field, the vision was not involved in any equipment, third-party data analysis platform is launched in 2014 – Apollo solar cloud 2015 launched China’s first photovoltaic plant’s risk rating product rating–Apollo.

Vision why not continue to participate in the PV industry manufacturing and power plants? “Third-party evaluations so that we do not have too many conflicts of interest. “Sun Jie said,” will be considered in the future, Apollo-based classification standards and the Apollo solar cloud products, creating a number of high quality distributed power plant, as a model as an example, showing life cycle data management and risk management. “In an interview with industry on the PV industry’s Internet monitoring and data maintained a positive attitude. However, “the trend of the future” is more for monitoring and definition of data present in the industry.

“Third party utility access platform, we are more concerned about data security problems. “A power plant developer senior Journal reporter said that” operation we have our own team, monitoring can also be in the future. No demand right now. ”

In terms of data security, the prospect has begun to layout, the vision in Silicon Valley venture fund has invested in a number of industry-leading Internet security company in Silicon Valley, follow-up will be integrated into the vision of Apollo solar cloud platforms and energy EnergyOS of the Internet platform.

Analysis of large data values reflect? “To dust for example: platform based on algorithms, combined with photovoltaic panels on how much dust and weather forecast for the next period of time, given cleaning reminder. “Sun Jie said,” but the final decision rests with the owners of cleaning, cleaning costs can be offset by power generation efficiency improvement? We will according to cost and capacity to enhance returns, reports and suggest improvements. ”

Today monitoring a possible embarrassment, subsidies are not in place, power seriously. Many power plants still wrestling with survival, much less meticulous management time to consider. If fine management increases cannot offset the loss of power, even better. Monitoring positive is hard to reflect.

Monitoring data is the ultimate goal, only after the data and analysis is the most valuable. Even the State grid is also worthwhile. “The State grid had a data platform. With the strength of the networks and the Internet, if you force the utility access, may we choose to access. “The above power plant developer to a magazine reporter says,” if not obligated, nor do we want to access. ”

This is a relatively exclusive market, a PV power plant in access after a PV monitoring cloud platform and may not access another. Although the PV market in China will be doubled in the future, more and more enterprises engaged in photovoltaic plant monitoring. Fighting continued between enterprises.

In addition to industry oligarch like State grid, BAT will enter the industry has always been a hot topic. “Our judgment is that the BAT into the energy industry, and depth to go, is still difficult. “Sun Jie said,” there is a lot of technology in the energy sector barriers, financial barriers, etc. And the long period of return on investment in the energy sector, and the Internet industry is very different. ”

Not everyone has full confidence. “Aliyun in frequent contact with all kinds of energy companies, including monitoring of the company. “A big data analytics in the industry magazine said,” a lot of people touch the pulse of no Ali, did not know their position on the energy data in the company’s business elsewhere. ”

PV and the future of finance

Who is a photovoltaic plant monitoring and data analysis needs are most urgent? Certainly not owners, owners of large power station, belonging to the company. Power station and its data on its importance, if fully taken over by the third party is tantamount to being strangled throat.

“The real owners are unwilling to reveal their own power station performance may be monitored by third parties present the biggest obstacle to development. “These people in the industry say,” power plant owners that if the access platform, you cannot modify the data. So they are more likely to promise to modify the data platform. ”

Probably no power plant owners to change the power data just to look on the face, deeper reason behind it could be obtained from a financial institution more low-cost financing, receiving a higher price in the sale.

In all kinds of financial capital, large amounts of funds, low return on capital requirements, funding period is relatively long. Therefore, the risk capital tend to long-term, stable return products. Precisely coincide with the characteristics and photovoltaic power plants. “Financial institutions, may have a number of insurance companies hold photovoltaic power plant. “Guo Jianhan said.

Therefore, whether it is from the perspective of financing information, buyers point of view, financial capital is now the most pressing demand for third-party monitoring of a force. In turn, with the maturing of third party monitoring market, PV market transparency is greatly increased, financial institutions will have more acquisitions even PV power plant Foundation.

Photovoltaic plant are closely linked to natural and financial. Return on capital intensive, high yield, long was easily financed by photovoltaic power stations should have a product. But financing markets of asymmetric information, fear of financial capital liquidity, risk, and dread in the investment in photovoltaic power stations.

“In my opinion, PV end markets is financial markets. Spelling was raised, cost, will have to rely more on financial instruments. “Red Wei says,” whether you are in the industry who must have financial thinking and financial mobilization and financial control. ”

All kinds of new forces into let PV market brilliant. State-owned enterprises, private enterprises, listed companies and non-listed companies, large companies, small companies, have put up last summer to financing. In addition to emphasizing the stability of insurance capital, incoming buyers by financial institutions will undoubtedly strengthen the liquidity of the PV power plant.

Just Thirteen-Five the first year of this year, to complete the goal of 2020 150GW, 20GW of each of the next five years at least incremental markets. Picture of a multifaceted one pair of warring seems to have slowly expanded.

Much of the industry reshuffle is yet to come, companies will have enough time staking. However, the proportion of photovoltaic power generation, commercialization, more mature, when the power station when they need massive funding, there will be a large demand for low-cost funds into, this is the inevitable logic of financial markets.

The money or the ability to mobilize such funds of individuals, enterprises, institutions, will become the mainstream of photovoltaic power plant in the future.

Original title: photovoltaic “intruder”

Sun power solar aircraft landing 2nd Oklahoma

Polaris solar PV net news: no fuel after nearly 20 hours of flying, SolarImpulse2 (sunlight powered 2nd) landed in the United States, Oklahoma.


Sun power solar aircraft landing, 2nd Oklahoma

Sun power, 2nd in United States 12th at 3 o’clock in the morning took off from Phoenix, Arizona, the BertrandPiccard is responsible for flight. An 18-hour, 15-minute flight, landing at 11 o’clock local time in Oklahoma.

National Energy Board on the investigation into the conditions of realization

Polaris solar PV net news: recently, the Division for the National Energy Board issued the comprehensive national energy Administration Division on notice on construction of investigation and implementation of PV power system conditions, focused in two points:

1, requires commitment to abandon rate is less than 5%.

2, charged investigation to verify this for photovoltaic power plant in the district and township land use tax and tax on land occupation for specific instructions.

Cannot implement two conditions suspension order 2016-scale PV power station construction in the area.

Comprehensive new energy (2016) No. 276

Provinces (autonomous regions and municipalities), the Xinjiang bingtuan development and Reform Commission (Department of energy), various agencies, State grid Corporation, China Southern power grid company, power company, Shaanxi, Inner Mongolia electric power company:

In 2013, government policies and measures to promote the development of photovoltaic industry since the rapid expansion of PV scale, improving the industrial competitiveness. But meanwhile, part area appeared more serious of abandoned light situation, even violation can renewable energy method about can renewable energy priority Internet and full acquisition of provides, unlimited degrees requirements PV power project to thermal power Enterprise paid economic compensation for power space, makes PV power project of lawful rights and interests of received serious damage; also has part area not distinguish land nature, on PV power project universal levy town land using tax and arable land occupied tax. This has seriously undermined the PV industry development policy and market environment, hinder the pace of PV technology and declining costs.

To guarantee good policy and market environment of the construction and operation of photovoltaic power generation, accelerated PV costs, promote the healthy development of the photovoltaic industry, provincial (district, municipal) development and Reform Commission (Department of energy) in conjunction with the local Office of the National Energy Board and the power grid enterprises and other relevant departments, investigate and verify the following questions, and do related work:

A, and please the province (district, and city) development reform Board (Energy Council) research this area PV power market elimination na capacity, has occurred abandoned light power or exists risk of area to I Council report by take of solution abandoned light power of measures, made 2016 added PV power construction scale Hou not occurred abandoned light power (abandoned light rate not over 5%) of commitment, and attached provincial grid enterprise on full elimination na PV power (abandoned light rate not over 5%) of views.

Second, the jurisdiction of the local Office of the National Energy Board’s investigation to verify whether there is a violation of the law on renewable energy in the region priority on renewable power generation in Internet access, fully guaranteeing the purchasing requirement requires PV economic compensation to the thermal power enterprises for power generation space, and so on.

Third, provincial (district, municipal) development and Reform Commission (Department of energy), jointly with relevant departments investigate and verify the region levied on photovoltaic power plant and township land use tax and the scope and standard of farmland occupation tax.

Four, and has declared PV lead technology base of about province (district, and city) development reform Board (Energy Council) with base location Government, implementation base power sent out and elimination na conditions and made full elimination na of commitment (built Hou abandoned light rate not over 5%), while confirmed base by selected sites not belongs to levy town land using tax range, need levy arable land occupied tax of, base location Government should clear levy approach and standard.

Five, the State grid Corporation, China Southern power grid company, Inner Mongolia electric power grid enterprises, such as research and analysis of the company’s PV market to dissolve space. Research proposed 2016 area of photovoltaic power generation construction proposals to abandon light power risk areas key to explain the situation.

Cannot make any commitments or the problems areas, and will suspend the order 2016-scale PV power station construction in the area until the construction of photovoltaic power generation operations and market conditions improve after further research.

Units on May 16 before the survey feedback, solutions and commitments I.

Sunrun announced first quarter financial results

Polaris solar PV net news: Although the United States several third-party solar net metering policy change affect, Sunrun’s financial results show strong earnings growth and its positive growth trend.

Sunrun announced its 2016 financial performance in the first quarter, announced the doubling of revenue up to $ 99 million nominal contracts rose to $ 2.6 billion.

Sunrun every quarter in the loss, while building long-term value, the company reported that its operating expenses to $ 166 million.

However, the non-controlling interest loss of $ 91 million, Sunrun earned its shareholders $ 13 million since the company went public, can achieve earnings per share positive.

Like SolarCity,Sunrun the goal is to achieve positive cash flow, but did not indicate when it will come true. First quarter, Sunrun cash balance fell to $ 4.4 million.

Sunrun residential solar total deployment rose by 63% in the first quarter, exceeded expectations 7%, such as Sunrun and partner installing PV systems. Sunrun deployments growing, 148% higher than last year.

The company’s direct sales are also growing. The first quarter, the company of 85% photovoltaic system is deployed through operating leases, but the company expects its share of the direct sales will increase to 20% in the future.

Sunrun pointed out that its net metering policy problem affects deployments in the first quarter, including Nevada the abolition of net metering policy in late December. Points out that Massachusetts, California and other States deploy in the first quarter by the net metering the impact of uncertainty in the future.

Sunrun is net metering policies did not size of SolarCity. SolarCity’s first-quarter orders volume has greatly reduced its expected in 2016, Sunrun has maintained its early 285MW installed capacity goal.

The company reports in addition to selling and administrative expenses of $ 2.97 per watt installation cost, there are a few quarter is less than 3 USD/Watt. Sunrun pointed out that the direct installation costs of only $ 2.39/w.

These favourable economic factors into account, the company is expected to continue this year, doubling the direct installation business while maintaining its channel partner performance flat. (/Tina translation)

Original title: Sunrun announced first-quarter financial results

Hebei province many policies to develop distributed PV power station

Polaris solar PV net news: in recent years, along with the strength at all levels of Government to promote PV industry has achieved rapid development in China, installed capacity has grown rapidly. Statistics show that, in 2015, China’s photovoltaic power generation capacity of 13.74 million-kilowatt, a record, and installed more than 10 million-kilowatt for 3 consecutive years. Among them, distributed PV new installed capacity 2.08 million-kilowatt. The information newspaper reporter was informed that recently entered the Hebei interview, province of Hebei province as a PV power plant construction, resources, by virtue of a better light quality, as well as better subsidies by the end of 2015, according to the National Energy Board latest statistics, cumulative installed capacity in the Central and eastern areas of Hebei province ranks second.

Encourage policies to protect

For many years, close cooperation at all levels of Government, the power grid enterprises in Hebei province, active, and jointly create a PV development environment. Hebei province, distributed PV on the roof project and all of the spontaneous use of distributed solar power projects on the ground do not limit construction, acceptance at any time record, power grid company incorporation formalities in time, into the scope of subsidies after the project is completed. With the increase of record, in Hebei province, also increase the solar index selling, time delay, speculation and efforts to ensure the healthy and orderly development of the market.

Reporters noted that State subsidies: 0.42 Yuan/degree, the 20-year; Hebei provincial benefits: (1) distributed PV on the roof project (not including the Golden Sun demonstration project), in accordance with the electricity price subsidies, subsidies for 0.2 Yuan per kWh, subsidized by the provincial power grid enterprises to pay the State together with the settlement. October 1, 2015, production projects, subsidies from October 1, 2015, to September 30, 2018; from October 1, 2015 to 2017, completed and put into operation by the end of the project, since the date of incorporation subsidies for 3 years. Surplus electricity from the provincial power grid enterprises in accordance with the local new benchmark coal price settlements and adjusted as new benchmark with the price adjustment.

(2) to Hebei province PV power station project, previously completed and put into operation by the end of 2017, since January 1, 2016, subsidies for 0.2 Yuan per kWh, since the date of incorporation subsidies for 3 years. Other PV power station project (including distributed PV), according to Ji Zheng [Regulation 2013]1683: photovoltaic power plant by 2017 production subsidies 0.1 Yuan, since the implementation of 3 years from the date of production.

Distributed PV popular sought after

On May 11, journalists from Hebei Xin Qing PV equipment limited (hereinafter: Xin Qing PV) tours, into the Dou Yuzhen bei, luancheng County, Shijiazhuang city, Hebei province Zhao Li Tongyi village in the home, rows of solar panels on the roof on the second floor tilted to the South, are gathering to convert sunlight into electricity.

See their smart meter keeps on refreshing the PV power station power generation, Li Tongyi pleased to have come to visit the staff said, “every day it is fine as long as the Sun, and my mood is good, sending electricity we earn money. ”

Li Tongyi is a more serious person, usually the day output records in a small book comparing, without missing a day, he produced power records show nearly two months for everyone to see and share their experiences with visitors. Reporters saw among them, May 3 output the highest 69.5 per cent, 6.27 per 1-kilowatt day power generation.

Li Tongyi told everyone, they home installation of is 11-kilowatt of PV power station, total investment more than 90,000 more Yuan, has grid near two months, currently national grid each degrees repo electric price is 1.18 Yuan, removed rainy days average daily 1-kilowatt power 5 degrees around, by measuring probably 4 years on can recovered cost, and PV power station at least can with 25 years above, such is to himself and wife of pension has guarantees has, yihou to children are also less added has trouble.

Xin Qing PV luancheng branch General Manager Shi Yufeng told reporters: “Li Tongyi photovoltaic power plant was installed by the company, from grid-connected applications to have full support by the company, without people fuck with a snack. ”

General Manager Shi Yufeng told reporters, residents distributed photovoltaic power generation is a new energy and environmental protection industries, supported by the State promotion. State policies on the family distributed PV “units fixed subsidies for electricity”, namely for families distributed PV grid-connected system of subsidies to the entire generating capacity, the “Internet” section according to the local coal benchmark price for acquisitions.

Shi Yufeng said households distributed PV is not only good for the residents income and reduce the burden on the national power grid, make full use of the roof space, save land resources, with good economic and social benefits, more and more ordinary residents welcome.

Large distributed PV market

Reporters learned that distributed photovoltaic in particular PV modules, solar energy directly into electricity and distributed power generation systems. It is a new and broad prospects for development of power generation and energy utilization, it advocates the nearest power generation, grid-connected, conversion, using principles of not only effectively promotes the equal scale photovoltaic power plant generating capacity, while also effectively solved the power boost and loss of long-distance transportation.

Distributed PV systems is currently the most widely used, is a city built on the roof of a building of photovoltaic power generation project. This type of project must be connected to the public grid, together with the public power supply power to nearby users.

National Energy Board new energy and renewable energy Liang Zhipeng, Deputy Director at the Nineth Asian solar energy Forum on March 21 this year, said by 2020 global PV scale in the 450GW-600GW, by 2030 to reach 1000GW-1500GW, and by 2050 will not be able to imagine.

Meanwhile, on the morning of October 12, 2015 by the Chinese Cycling Association 2015 in renewable energy professional Committee of Chinese photovoltaic leader Summit, National Energy Board Secretary Liang Zhipeng, Deputy Director, new and renewable sources of energy, in order to support the development of the industry, photovoltaic subsidy won’t stop the next 8-10 years, but will focus on the development of distributed PV in the future, subsidies are tilted.

Original title: Hebei province, many policies to develop distributed PV power station

New PV ambitions

Polaris solar PV net news: focusing development more than a year, zhongmin in the operation of its new energy investment platform-new energy investment limited (hereinafter “new energy”) is arguably a dark horse to become China’s PV industry.

Established more than a year since the mansion has 8 provinces in the country had invested nearly 20 PV projects, by the end of 2015, a total of 1.4GW national PV record index, record in the total installed capacity of photovoltaic power station in the country’s nearly 10% per cent, among the annual PV projects first filing capacity. Behind the rapid growth and development, is a new unique self-development and investment combination, large combination of ground power and distributed power plant development strategy.

“In the future we will increase the distributed (power plant) in Central, Eastern and southern area of the layout, walking on two legs in the West, select layout on the output channel and output point, the other is in the West of the main pioneer of pro-poor and plan these two cards. “An interview, new President Han Qinghao said.

Station outlet

Position in developing downstream photovoltaic power plant in the new, rapid development of the photovoltaic industry, China is now in a draught. Last year, China PV cumulative installed capacity has reached 43GW, over Germany as the world’s largest PV power station installed capacity of the country. According to the National Energy Board’s development plan, by the end of 2020, the national total installed PV power will amount to 150 million kilowatts.

But sailed under the environment of generally private enterprises engaged in capital-intensive PV power station construction is also facing challenges. Installed capacity of photovoltaic power station 50MW required investment could be as high as 400 million Yuan, and the acute shortage of electricity in the West development of photovoltaic power plants, also face blackouts/reduced price delay and price subsidies in place multiple cash-flow pressure.

In accordance with the new investment policy, during the first two years, 40% of the capital will be invested in the power station in Northwest, which means mansion could also face power rationing and price subsidies to two uncertain factors.

“Power supply and demand is the root of the problem, we risk model will take into account a certain amount of power, in certain power can still achieve the target rate of return. “Han Qinghao blunt, in the people new can of” PV + “mode has more high of anti-power risk capacity, first in power station location Shi, in the people new can tendencies select conditions better of area, for example has output channel of Ningxia, power saturated of situation Xia can turned lost to Zhejiang or Shandong; second is rely on itself scale advantage, improve bargaining capacity reduced cost and pulled high output.

Electricity price subsidy delay and new energy enterprises faced problems over the past few years, pricing subsidies average delay of 1.5 years from 2013 to 2015 average delay more than 1.5 years.

“We realize scale operation, is to combat the uncertainty risk, (delays in price subsidies are) new energy companies will meet the phase problem, but only temporarily. “‘ New Executive Vice President Wang Jian pointed out that new emphasis on marketing, rather than rely on State subsidies, overall market trends and also requires new energy enterprises through technological progress and technology, continuously improve the efficiency of power generation, increasingly compete with traditional fossil fuels to achieve parity.

Han Qinghao disclosed, in accordance with the new internal stress tests, in the case of electricity price subsidy delay 1.5 to account, the company’s cash flow can be maintained at a normal level, coupled with increasing of distributed power plant layout, and scale advantages brought about by high bargaining power, basic electricity price subsidies to avoid this risk.

Scale inputs and volume of construction, so that new form of “two low and one high” advantage, namely components and lower management costs, lower capital costs and high efficiency. Domestic PV projects mainly rely on bank loans to fund 20% enterprise’s annual financing costs in the 8%-10%, some even more than 12%. But Wang revealed, scaled back investment advantages in itself, so that new funding cost comparable to state-owned enterprises.

Billions of ambition

Start of 2014, new can was set quite ambitious goals set in–the investment of about 100 billion yuan in five years, the “Thirteen-Five” time installed 12GW, which accounted for 11.23% of the total national installed capacity, in addition to about 2GW average annual new installed capacity, accounting for about 10% per cent of capacity.

Last year, the new energy investment in yanchi County of Ningxia’s new demonstration zone project scale up to 2GW, when completed will be the largest single photovoltaic power plant in the world, currently first 350MW has been completed. Han Qinghao said new energy also plans to increase the installed capacity to 3GW at the end of this year, further to 2020 to 12GW.

However, with construction completed resale strategy is different, said Wang Jian, built new can not sell photovoltaic power plant. “In the current environment, (PV) is a good asset, under the global economic downturn and the downward trend of interest rates, markets lack a robust asset allocation, and a longer duration of power plant assets are favored investment with insurance funds. “Wang Jian pointed out that people can hope to build a new energy and new fields of application platform, starting from the downstream led upstream development.

At present, domestic PV development enterprise is characterized by fragmentation, over 90% enterprises belong to a small amount of private enterprise, not economies of scale and lack of technological advancement and improve the management level of the basic conditions. Wang believes that contrast is that CIC’s new capital, although the photovoltaic plant itself yields on a CAP, but under the integrated investment cast plates, can be seen as stable long-term bond returns, as a long term asset.

In accordance with the new investment strategy, in the first two years, in addition to investments in the ground station in the West, in the eastern coastal and efficient distributed power station battery, smart grid investment 30% financial. Han Qinghao said new energy for PV power plant in upstream industries will also consider, where appropriate, financial investment.

Recent road show in Hong Kong in the process, new business models and innovative strategies have also been recognized by overseas investors, Wang said companies with overseas investment and investment institutions will also explore possible modes of cooperation to jointly develop new energy markets abroad.

Original title: new “PV +” ambitions

Polaris solar PV NET week news highlights 5 9 5 13

Polaris solar PV net news: policy review

1. the National Energy Council on the investigation into the condition of realization of photovoltaic power generation construction notice

Recently, the National Energy Board comprehensive Department issued the comprehensive national energy Administration Division on notice on construction of investigation and implementation of PV power system conditions, focused two points: 1, requires commitment to abandon rate is less than 5%. 2, charged investigation to verify this for photovoltaic power plant in the district and township land use tax and tax on land occupation for specific instructions.

For more details

2. Shandong Province issued PV poverty alleviation programme

Recently, the leading group of poverty alleviation and development in Shandong Province issued special notice implementation plan for the province’s poverty alleviation crucial (robust poverty reduction Group (2016), 3rd). Notifications include poverty, poverty alleviation, PV 25 implementing programmes such as poverty alleviation, Shandong province, which contains the PV implementation for poverty alleviation programme, programme: 2016 to 2018 centrally organized photovoltaic projects for poverty alleviation benefit about 1000 a pro-poor focus, 100,000 poor households of the village.

For more details

3. Bureau of Anhui Province energy notice of promoting the sustained and healthy development of photovoltaic power station

Currently, photovoltaic power plant is a good development trend, Anhui Province, public tenders and construction scale of the building served first configured to promote fair competition in the market, a group of domestic photovoltaic development of leading enterprises to invest in the province, installed capacity from 2014 to the current 1.72 million-kilowatt, in 2015, production grew by 264%. Meanwhile, in the development and construction of photovoltaic power plant in the province, planning and construction projects in some cities and counties large scale requires Enterprise “resources-for-industry”, as well as with individual companies “exclusivity” agreements, and so on.

For more details

4. development of BIPV “Thirteen-Five” program (draft for soliciting opinions)

According to the 13th five-year plan for national economic and social development and the development of solar power “Thirteen-Five” planning and the development of the construction industry “Thirteen-Five” programme, developed the BIPV development “Thirteen-Five” programme (hereinafter the programme). The plan describes the platform for BIPV development in our country’s achievements, and defined the objectives and tasks of BIPV development, as well as safeguards for BIPV development, is “Thirteen-Five” the fundamental basis for BIPV development in China.

For more details

5. Zhejiang Haiyan first roof photovoltaic project resources allocated to provide financial assistance fund

For promote I County PV industry health development, according to Haiyan Government Office on issued straddling Haiyan advance industrial strong County construction speed up transformation development financial support several policy of notification (salt political do sent (2015) 65th,) spirit and Haiyan enterprise financial sex support funds management approach (salt fiscal enterprises (2016) 1th,) provides, by audit this times total 14 home enterprise meet grants conditions, reported by County Government approved, Now first roof PV project resources allocated to provide financial aid funds of 8.1518 million Yuan, funds special funds “Industrial Development Fund” expenditures.

For more details

6. the Ministry of land and resources issued in 2016 national land-use plans to protect land for photovoltaic industry

Year plan to General land use planning control of land, a 3-year rolling production, annual release; the national focus of poverty-alleviation counties per counties arrangements added construction land use plan for 2015, greater supervision of the State Council praised rewards added construction land use plan; to each region in 2015 did not finish the disposal of idle land, areas deductions planned for 2016

For more details

Market review

1. “survey” PV pattern change: East development

National Energy Board has released the first quarter of 2016 photovoltaic construction and operation information is given. Data showed first quarter PV changes, North China, East China, central China and the South more than 1 million-kilowatt new PV, the cumulative PV power installed totaled 25.6 million-kilowatt, exceeded that of North 23.64 million-kilowatt.

For more details

2. light the fastest heat prices are expected this month introduced

Light heat so far undetermined impact on the progress of the enterprises, the National Energy Board to completed by the end of 2017 a solar thermal power plant model targets also became difficult.

However, on May 4 with the NDRC’s price Department-led light electric pricing advice Forum convened, thermoelectric development taking a new step. Reporters also was informed by the person, light heat price is expected as soon as this month was promulgated.

For more details

3. adequate supply of polysilicon value good PV chain

In 2015, the global PV market growth, detonated a PV industry chain-wide restorative increased profitability, but only the most important raw material-polysilicon industry is still the world’s loss. “Prices continued to decline in the past year by almost 1/4.

For more details

4. energy investment of “coal scenery back into” new Council officially launched

Breakthrough 1 billion-kilowatt installed capacity of thermal power expansion, national development and Reform Commission and the National Energy Board slow January five brakes. Under this, power Giants accelerated into wind power, photovoltaic, especially the distributed energy resources in the East began to abandon less wind power in favour of coal back scenery changes into energy investments officially launched.

For more details

5. Shanxi yangquan PV leader plans to trial

Reporter recently from “Shanxi energy industry transformation and PV industry prospect Forum” Organizing Committee understand to, following Datong mining subsidence district PV model base became national energy Council “PV lead who plans” first was approved of project zhihou, yangquan city of subsidence district PV industry development plans also has through experts of trial, became national “PV lead who plans” in the of and a “associate lead who”.

For more details

Enterprise version

1.21 said restructuring through Hunan, Hubei, by Shenzhen Stock Exchange inquiries

May 9, SSE on *ST cloud network (Hunan e love) disclosure of issued shares purchase assets and raised supporting funds cum associated trading plans (Xia said “restructuring plans”) issued has inquiries letter, requirements listed company on restructuring plans in the involved of restructuring party Sichuan Ding into whether take shell listed, and financial problem, and listed company actual control people, and restructuring party of industry status, 21 items content for one by one description.

For more details

2. the thanks to SolarCity plunged Super 20%

“Iron man” Thomas g company’s SolarCity’s life difficult at the moment. James chanos, a short by Wall Street after the eye, local time, on May 9, SolarCity announced first-quarter earnings, although the installed capacity has increased, but net profit per share was higher than expected, its shares plunged 20.44%. So lost and James chanos, a short play the first game.

For more details

3. Dragon photoelectric leading gem this year publicly denounced first single

Who will be at the gem exit door “program since the opening of Dragon optical are” regulars “: 2012, 2013 losses for two consecutive years 2014 through capital operation to profitability, fell into losses last year. Roof leaking rain but it pours. Recently, the controlling shareholders of non-business use of funds, Dragon photoelectric received the 2016 gem companies first publicly denounced the punishment.

For more details

4. behind the SunEdison photovoltaic giant bankruptcy

High build and is in deep financial crisis in the United States the photovoltaic industry giants as Sun Edison (SunEdison) filed for bankruptcy protection last month, since this year’s United States largest bankruptcy case.

For more details

5, 1.8 billion yuan of debt into an overwhelming Yingli straws?

Yesterday, the Baoding tianwei Yingli new energy limited (hereinafter “Yingli”) announced that, as of May 12, 2016, Yingli Green energy failed to honour “10 Yingli MTN1” 357 million of debt. The same day, the China debt network announced that Yingli solar “power 11 MTN1” cash funds do not arrive on time and in full. Now, Yingli, total debt of more than 1.8 billion yuan.

For more details

Comment article

1. parity is the key to photovoltaic power generation market

Recently, the national development and Reform Commission, said China will improve the photovoltaic subsidy standards, preliminary consideration to develop differentiated photovoltaic subsidy standards, along with technological progress gradually reduced photovoltaic subsidy levels until the removal of subsidies. This is surfaced deal heralds PV PV began to set off parity, PV and cheap Internet access can become a reality in the near future.

For more details

2. new energy to dissolve also must speed up the electricity system reform

Current new energy to dissolve, grid-connected not just of new power characteristics, are poor interest under the current system, form a “wind-fire competition” and “furious competition” the inevitable result. New energy to resolve to dissolve difficulties, we need to speed up technological innovation and remove institutional barriers in two aspects, only put the interest in new and traditional fossil energy sources and develop peak power, competition for complementary relationship in order to eliminate the bottleneck problem in the development of new energy, new faster expansion in the energy market.

For more details

Character articles

1. Gao jifan: new PV “boss”

The past few years, China’s PV industry like a roller coaster. The top spot all have worth up to tens of billions of, but after several changes, ended sadly out of the field.

Now the boss is Gao jifan, Trina’s Chief Executive. A few years ago, this name is not widely known, Tseng, compared with China’s richest man, Shi, Peng Xiaofeng, Gao jifan’s popularity seems to be limited in the industry.

For more details

2. Thomas g is out Buffett’s 5 companies?

Buffett and musk are rich, but they where almost nothing is the same.

An elite capitalist, is keen on the “status quo”, highly cash flow. Known as the “legendary investor” Warren Buffett built industrial Empires, businesses and business may not come from the eye, and is quite resilient, quite stable.

For more details