Solar electricity cost within 5 years is expected to be less than 5 cents

Polaris solar PV net news: a number of experts, business people on the 26th at Asia’s largest exhibition SNEC PV show told reporters that conservative estimates that by 2020, solar electricity cost dropped to 5 cents or less.

Photovoltaic electricity costs levelized power cost is PV power generation projects in the construction of operating cycles of each unit of electricity generation cost, divided by the total value of total investment. Reduce the cost of PV electricity, the most direct and effective way is to reduce costs and improve system capacity.

Senior Analyst at IHS Chudan on electricity cost analysis, solar electricity cost reduction needs to improve system efficiency and reliability, while reducing system costs, maintenance costs and aging system. Component production costs are lower, to a quarter of 2015, most manufacturers of polycrystalline silicon module production cost has been reduced to $ 0.1/w. Photovoltaic system costs increase competitiveness for its widespread use.

Shanghai electric power Design Institute, Deputy Chief Engineer Guo Jiabao believes that promotion of photovoltaic power plant economic benefits, mainly by lower costs, improve quality, increase generating capacity to achieve. Since last year, 1500V system using on of the industry. Application of 1500V, number from the cable, the power density transformer cost, manual operation and maintenance costs, will bring lower costs, while ensuring total system generating capacity increase.

Trina Vice President Dong Shuguang said photovoltaic electricity cost and declining space through technological innovation and management innovation of the whole industry chain, conservatively estimates that by 2020, solar electricity cost dropped to 5 cents or less. Component is a photovoltaic power station one of the most important investment, initial investment more than 50%. From the component in terms of technology and manufacturing, many channels can help reduce the cost of electricity.

Original title: solar electricity cost within 5 years is expected to be less than 5 cents

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