Polaris solar PV net news: Spring Festival has just passed, and yesterday I visited an old friend, a PV Sales Manager Gao, thanking you for early cooperation, and secondly to communication for new projects. And share the experience of his years in sales, and now after the change of the role of money, outside the company’s revenue last year, additional revenue of millions and millions of additional revenue this year is expected to be, and, after approval, is now finishing its general meaning to share with you:

As PV product line staff, PV winters experienced in previous years, its sad course I believe we all have the experience, many colleagues have turned around, himself almost didn’t hold up. Last year with the landing of policy, markets, the photovoltaic business sales are rising, competition is increasingly fierce, travel and entertainment, even some orders a glass of drink one megawatt out of the sale is coming up, receivables are also skyrocketing, performance, performance may not be able to come up, sales were up, wages may not be able to come up.

Currently PV enterprise and station owners or EPC, simple of told main around price and account period to negotiations, side is enterprise performance assessment, competition fierce products sales difficult, side is PV station owners financing difficult, didn’t funds procurement, account period also on increasingly long, should accounts receivable paragraph increasingly no guarantees, as PV products sales people, not only to learned how to marketing, also to insight accounts urged paragraph of road. Hard year, a ar haven’t done hard!

Last year, some brands of solar module manufacturer in order to reduce accounts receivable, desperately trying to accounts receivable, almost stopped the sales and even to modify the performance rules. Seen from all listed companies to publish the report, is not hard to find, is behind the boom is the rise in receivables and accounts continuously renewed.

As photovoltaic power stations upstream of the photovoltaic industry, holding a large number of plant resources, Gao, conscious of its roots in PV plants financing, if station owners can finance station, cash purchases, there is no existing accounts, so active last year chose to cooperate with us, its role is from a single full service consultancy sales into a power plant owners.

A change, zhiqian various entertainment, and rushing–marketing products, into has station owners of hospitality–common chat overall programme, not only solution has station owners funds problem, itself products sales also up has, also is cash settlement, no rang up period, also no worries, PV enterprise also can benign development, and station owners also for its prepared a pen expensive of legitimate of red; if station owners not self-sustaining station, needs trading, its extra income more high.

A shift to help solve power plant owner financing problems, closer to upstream and downstream, by introducing more resources and raw materials, from payment to the cash payment, PV product purchase price, power station total cost is much lower, ahead of grid-connected power generation to revenue, financing costs during construction is also negligible, power plant owners more affordable and better value.

A shift, photovoltaic power plant owners, financial institutions benefit everyone, including businesses and sales personnel. Whether you are a sales component, or sales inverters, support, whether you are the face of power plant owners, still face the EPC, in the new year with accounts can say goodbye!

Three core for PV plants financing: context, quality and light, through the integration of new energy resources, background we can provide, can work together to ensure the quality, so having owners of PV development indexes, we can provide funding or cooperation, power station, of course, have better investment value–lighting conditions!

Small high to I forget a pen account, through and we cooperation to owners built station, cash procurement and account period compared to, overall built station cost reduced 10% around, ahead of grid power, a months electricity equivalent each w a angle more, financing cost and low, construction during several months of interest almost can ignored regardless of, save so more, to points consultant fee is natural of, cash procurement home products, performance, and account period also without annoying has, if will station sold, also can took points electricity, according to he currently hand Shang hundreds of MW of project resources, This income can be tens of millions, but all legitimate income.

A change, explore the resources in the hands of, cock wire can also counter attacked this year, maybe you are the next multi-millionaire!

Original title: documentary: a PV Sales Manager to make money and maybe you are the next multi-millionaire

Arctic star solar PV network news: longi shares released 2014 annual report, report period within achieved income 3.68 billion Yuan Yuan (with), compared with growth 61.38%; achieved belonging mother company net profit 294 million Yuan, compared with growth 313.85%; equivalent EPS for 0.55 Yuan; which 4th quarter achieved income 1.23 billion yuan, compared with growth 70.16%; belonging mother company net profit for 105 million Yuan, compared with growth 254.24%, chain growth 35.87 %。 Its revenue growth was the main reason wafer shipments were up.

Longi wafer 435.94 million of shares annual sales, approximately 2GW. Q1, Q2, Q3 and Q4, respectively, shipments of which 8519, 8633, 12502, 139.4 million, growth was evident. Longi wafer capacity up to 3GW the end of 2014, the end of 2015 is estimated at 4.5GW. Longi planning 2015 wafer 3GW, external sales 2.5GW, processing components sales to 500MW.

Analysis of Changjiang securities said the 2015 annual shipments exceeding 3GW longi Silicon business, from 2014 to 50%. In addition, it also expects longi shares of EPS in 2015 and 2016 respectively, 0.97, 1.55 dollars, corresponding to 27, 17 times times PE.

Original title: longi shares will continue to increase this year, net profit rose to 313.85% last year

Polaris solar PV net news: recently, the Shandong provincial development and Reform Commission issued a circular requires all cities and counties establishment “Thirteen-Five” new and renewable energy development plan. Document highlighted in solar power, and solar power is divided into four: centralized, distributed PV PV power station, full Internet-type roof spontaneous use of distributed PV power station, power roof, distributed photovoltaic power plant.

Accordingly, solar power indicators are also divided into a centralized, distributed PV PV power station, the roof of distributed PV power station in three categories, 200MW, 300MW, 300MW 2015 quotas respectively.

Original title: Shandong this year quotas released three types of power station 800MW

Polaris solar PV net news: policy review

Shandong provincial development and Reform Commission on the preparation of new and renewable energy development “Thirteen-Five” notification of planning

According to the country and Shandong Province “Thirteen-Five” energy planning arrangements for co-ordinating the province’s new energy and renewable energy development “Thirteen-Five” planning, preparation, units of organization development, new and renewable sources of energy, the “Thirteen-Five” plan preparation. Related matters are hereby notified.

For more details

Market review

1, the energy industry in the Internet age

From basic necessities to the financial capital, the Internet not only reformed the traditional service sector, also continues to infiltrate the industrial segments, activate the conventional industries and commodities. Since last year, the “energy Internet” was sweeping energy circle, becoming high frequency words referred to industry forums, enterprises have layout. Traditional and stable energy companies, are using the Internet and other new technologies, changes in the processes which meet the challenge.

For more details

2, the Department of energy was serious: nonconformance photovoltaic power stations harder to receive State subsidies!

Since the beginning, the Ministry completed enacted in 2013 after the revision of the specification for the PV manufacturing industry conditions, in early February, Department of energy, issued to five major power groups and other units on the market to promote technological progress and industrial upgrading of photovoltaic (draft for soliciting opinions) (hereinafter draft). Reporter was informed that the Department of energy of the drafts of the work was completed on February 15 call for comments, will be officially launched after the Spring Festival. Industry standards with the Ministry before 2013 issued conditions for enforcement are different, this draft standard power plants and related products will be “serious”, which does not meet the acceptance criteria of the drafts of the plants will not be able to enjoy State PV feed-in tariff subsidy, desulfurization benchmark pricing only sold to the grid.

For more details

3, critical for the development of PV industry in China

Starting from the second half of 2011, due to domestic overcapacity and falling demand in the European market and trade barriers, such as multiple factors that stack, into the “winter” to describe China’s PV industry without too much. During the most representative event is in March 2013, the world’s largest solar panel manufacturer, Suntech announced its main subsidiary bankrupt in China. Suntech’s bankruptcy further exposed the bad situation of the global solar industry. Prior to that, a series of failures in the solar industry in the West, including Germany’s q-cells and United States bankruptcy of Solyndra. A series of business failures, especially large enterprises fail, can be understood as an important sign of bottoming out. Suffered in Europe and “double reverse” (anti-dumping and countervailing duty) and the dual test of domestic overcapacity of PV industry in China, if I would have thought-provoking ushered in his second spring.

For more details

4, China PV industry: competition under potential

Currently, encourages the development of solar PV as a representative of the clean energy industry has become a trend in the world, China’s photovoltaic products for overseas market still has great potential to be tapped, so the PV enterprises should actively invest and set up factories abroad, so that both can be close to the local needs, which can be avoided to a certain extent more trade friction.

For more details

5, said PV loans bad to listen to Governor says

In addition to the ICBC began to relent and PV industry cooperation, previously, China Merchants Bank, China Minsheng Bank, also there is a precedent. However, although there is a “Spring Breeze” blows, but found through interviews with bankers, for most banks, the photovoltaic industry is afraid to touch. Overall, the photovoltaic business lending “Spring” has not arrived. Bank lending to the photovoltaic industry on what factors? Bank is how to evaluate developers ‘?

For more details

Comment article

1, how to take into account renewable energy integrated power generation cost

International power generation costs levelized cost calculated on LCOE (Levelized Cost of Energy), to measure the feasibility of investments. But on the national energy development strategy analysis, LCOE can only reflect the economic costs, and does not reflect the social cost-benefit, Siemens invented the “power social cost”–‘Society’s Cost of the concept of Electricity’ (SCoE), taking into account the implicit subsidy and network costs, social costs, impact on employment and economic, geopolitical and other factors. LCOE computation within the life-cycle of an average power cost, only considered discount rates, operating costs (including fuel costs and emissions fees), tax and accounting data, while SCoE from the system level taking into account the cost of electricity.

For more details

2, 2015 top ten clean energy forecast

For the global clean energy, 2014 global investment fell in the two years after the last rebound, rose 16% to us $ 310 billion, it is the most important event. Is taken when small caps into the Jurassic Park adventures, accompanied by sharing clean energy this year top 10 predictions!

For more details

3, who was a “third industrial revolution” flickers?

Energy development is from firewood → post petroleum age → → → oil era coal era of carbon-free generation. While oil still occupies a pivotal position in global economic activity, but in the position of primary energy has been sharply reduced, people in the exploration of unconventional oil and gas resources to compensate for the shortage of oil and gas production, while rising is the dominant clean-energy, clean energy is the direction of human energy use. Of course, what energy not by argument, nor does it rely on forecasts to guide, an absolute no time is hurtful, just wait and see!

For more details

4, lending to PV why “tinted glasses”?

Recently a message: Bank credit turned to “let go” and usher in a new round of PV industry “Golden” opportunity State Bank, ICBC, China Construction Bank, China Merchants Bank, industrial classification, grading, and Shanghai Pudong Development Bank loans provided to technical innovation ability of photovoltaic companies. This news came out very attract people’s attention, but not the Bank released positive news for the PV 2012 State CDB support, introduced PV “six large and six small” enterprise policy, and the implementation of the result is not satisfactory. Looking at the cases of PV financing was banks ‘ lending problems of photovoltaic companies, also are the helpless and powerless.

For more details

5, PV why frequent trade remedy cases?

China machinery and electronic products import and export Chamber of Commerce report, an analysis of the causes of frequent trade remedy cases of PV industry in China, pointed out that intensified market competition and capacity expansion is I PV root cause of frequent trade remedy investigations.

For more details

Enterprise version

1, Han Li Hejun says it will build solar car light 4 hours to run 100 km

In 2014, the Ministry and other relevant departments said that access to Internet companies to release new energy vehicles since the Internet big names have entered the field of building cars. Time, Internet war showing a pack of “fragmented” scene. On February 2, the new richest man announced, Hina Group Chairman Li Hejun, Hina group plans to launch in October 2015 ‘s first electric vehicle unit, the solar-powered, the main body cover of thin-film solar power generation, 6 square meters of high efficiency GaAs thin film flexible solar cell below the daily average 4 hours of light, you can drive a 1-ton vehicle to travel 80~100 kilometers.

For more details

2, hareon State “two sins” is being investigated

Make 10 to 20 high-transfer plan, the top three shareholders (Yang Huaijin, jiurun pipe industry and purple electronic) announced huge reduction program and to secure implementation, the Shanghai Stock Exchange sent a letter asking several times, suddenly revealed massive losses of information … … These sounds will only appear in the film’s plot twists and turns, it truly upon hareon deducing, prompting shares were strong focus and market parties, also triggered a stock market as a whole for the high transfer of themes for reflection.

For more details

3, all assets of a Chinese chemical group intends to acquire REC Solar

Chemchina subsidiary China National Bluestar group plans invested 4.34 billion Norway Krone acquisition of RECSolar assets and assume all liabilities and responsibilities. Both management commitment components quality as an important level in the company’s future strategy.

For more details

4, China new energy: Alliance of carriers aimed at long term

After a few years of settling period, PV from development to operations on the ground in China are close to maturity, future competition in this area, plant more on cell efficiency and operational design and services sector, which is the State’s seemingly competitive new energy in the present, we still have to enter the grounds in this area.

For more details

5, Google’s $ 300 million injection of United States residential solar project

SolarCity announced on Thursday the creation of a $ 750 million Fund to about 25,000 residential solar financing projects, of which 300 million dollars in funding from Google, which is that Google is by far the largest renewable energy investment, accounting for nearly half of the financing.

For more details

Character articles

1, Shi Yuzhu PV road setback the Hulk to reduce reporting feed-in tariff

Shi Yuzhu moved to PV apparently ran into some trouble. And Festival Eve (February 12), he had released micro Bo “complained”, “in in Inner Mongolia, to, built good station Hou found, municipal Government put indicators recovered and transferred to reselling ‘ flagging ‘ of people has”; followed subsequently (February 13), he again sent blog revealed, “buy PV ‘ flagging ‘1 GW to 400 million Yuan”, but “(Green Giant) firmly not buy ‘ flagging ‘”. But, these setbacks does didn’t can effects Shi Yuzhu and Green Giant of PV ambitions, February 25 work head day, Green Giant in Shanghai headquarters held has internal Conference, core issues roughly has two items: one, maintained previously 2015 years development 1 Kat w PV power of target not variable; second, in ensure proceeds rate over 11% of premise Xia, this year development PV station project can reduced declared Internet electric price, to for policy tilt.

For more details

2, Wuxi Suntech named Xiong Haibo served as CEO for the time

Wuxi Suntech Power Co has announced the appointment of Xiong Haibo (Victor) served as President of the company, has overall responsibility for the management of the company. Over the past 10 years, Xiong held many different positions in the company. Xiong in the solar industry with a wealth of experience and strong strength, successfully served as senior managers from Wuxi Suntech and its affiliates.

For more details

Polaris solar PV net news: finishing work yesterday, suddenly saw two pieces of news, all about apples, but not Apple’s PV investment overseas, but Wolf has arrived in China to eat mutton.

First, there are whispers that Apple intends holding hareon, jumping into the PV industry in China, details on further talks.

Second, is the panoramic video news network, called “Sunflower: PV project company plans to work with Apple? ”。 However, just two minutes from the video, confirmed to the sunflower news reporters, never heard of this thing. Interview with the “no” in response to, I do not know is perfunctory, or really not.

Apple layout of new energy sources, as well as Google story, acquired before United States PV pace had already begun. In order to further explore the Chinese market, it really came to China. News said Apple company recently and sea run PV frequently contact, chat holding sea run related matters, news whether true natural has yet to be research, but this for currently in “high sent turned, and hoax performance again high losses”, and are in SFC filed survey of sea run PV may is a Dim of major good, not only shareholders hope with solutions sets, estimated even Yang Huaijin, executives also wants to with earlier left that is of to’s.

Highly developed in the Internet today, the news was created speed is amazing. Only two pieces of news today have one thing in common: hairun today are facing a reduction of high executives behind the scenes after the transfer of investigation and sunflowers this time last year, also went through in the drama: the two executives ‘ performance deteriorated after a plunge, and in January this year, had more sunflowers Wu Jianlong holdings of large shareholder news.

Some messages may not be groundless, was a mule is a horse, insiders would have to wait more to tell you.

Original title: Apple’s foray into the Chinese PV intended hairun holding company

Polaris solar PV net news: 2014 profit of 166 million, an increase of 16.05%, basically in line with expectations: 2014 earnings company letters, annual revenue of 2.094 billion yuan, an increase of 46.91% to achieve 166 million yuan in net profit attributable to shareholders of listed companies, rose 16.05%, the corresponding EPS 0.66 Yuan. According to estimates, 2014 season in the fourth quarter the company reported revenue of 661 million dollars, an increase of 47.71%, rose 7.69%, realization of 39.8 million yuan in net profit attributable to shareholders of listed companies, rose 28.69%, reduced 2.48% per cent, the corresponding EPS 0.16 Yuan. In the three quarterly reports, company expects annual earnings range from 1.57 to 193 million Yuan, an increase of 10%-35%; Express performance close to the lower end of the range, and basically what we and the market expected.

Trade fueling income growth, power stations contribute to profitable growth: 2014 revenue growth will be significantly higher than the profit growth, mainly because of the low margin trade sales increased markedly (expected around 400 million), is expected to come mainly from PV components sourcing using trade settlement. A 30MW shidian, shuyang 10MW project in August 2014, grid, under a four-quarter in the third quarter, against this background four quarterly net profit fell, expects four quarters make a larger provision for impairment (accounts receivable and inventory). According to industrial property, taking into account the provision for impairment of the case expected fabrics sector essentially flat, contributed a net profit of about 1.3-140 million photovoltaic power plant is expected to contribute net profit 300.04 billion yuan, is a major source of corporate profit growth.

Power station operating well in hand, running full speed in transition: Lino 50MW, an area company acquired in 2013-operations projects, according to the semi-annual data, duration of effective use of time more than 1800 hours, showing excellent quality of power plant and power generation capacity. 2014 shidian from build-operate a 10MW, 30MW, shuyang fuyun a 30MW and hot springs a 30MW project grid, together with the recently announced acquisition hareon tongliao, Inner Mongolia Xin sheng 100MW power station, cumulative size of 250MW, laying the Foundation for high-growth performance in 2015. In 2015, the company projects province of Qinghai, Jiangsu, Yunnan, and Xinjiang will continue to expand to Shaanxi, Shanxi, Gansu, Inner Mongolia, Shandong, Hebei and other places; outfits PV power station operators have full speed, scale or 2015-2016 power station starts exceeded expectations.

Into the Beijing auto supply system, consolidating the fabric business leader: the company has signed a strategic cooperation framework agreement with Beijing automotive industry equity, is expected to enter the Beijing auto supply system, which will help companies enter new markets, increase market share, and to further enhance the brand image, consolidating the company’s leading position.

Meanwhile, the company also actively improve the product line and to develop secondary markets, open new revenue growth. In addition, the company’s fabric business is also actively pursuing business activities, market mechanism into the enterprise, so as to enhance the enthusiasm of the various organizations, promote fabric plate stronger doing fine.

Restricted stock grants to complete for the company to thrive: 118 incentive targets company granted 15 million shares of restricted stock have been completed, will enhance the enthusiasm and cohesion between executives and employees and protect the stability of the team, is conducive to the long-term stable development of the company. After the excitation, listed companies, management, photovoltaic power plant team to further the interests of the binding, the company fully straightening out the relationship between the parties, listed companies ‘ financing platforms, prudence, power stations of the original management team of the industrial heritage will combine company power station business will accelerate private photovoltaic power plant new Giants within reach.

Investment advice: we expect EPS of the company 2014-2016 1.58 Yuan and 0.66, 1.04 Yuan respectively, earnings growth rate, and 16% and 52%, corresponding to 35.6 times times PE, 22.7 times and 15 times times, maintaining a “buy” investment rating and target price of 28 dollars, which corresponds to 2015 27 times PE.

Risk warning: policy does not reach the desired project resources are not up to the expected ground on line or electricity production does not reach the intended; financing is not up to expectations.

Original title: Jiangsu kuangda: performance in line with expectations in 2015 will usher in high growth

Polaris solar PV net news: international power generation costs levelized cost calculated on LCOE (Levelized Cost of Energy), to measure the feasibility of investments. But on the national energy development strategy analysis, LCOE can only reflect the economic costs, and does not reflect the social cost-benefit, Siemens invented the “power social cost” the concept–‘Society’sCostofElectricity’ (SCoE), taking into account the implicit subsidy and network costs, social costs, impact on employment and economic, geopolitical and other factors. Preliminary conclusion is: If all the social costs are taken into account, the wind farm in 2025 will be very competitive.

LCOE computation within the life-cycle of an average power cost, only considered discount rates, operating costs (including fuel costs and emissions fees), tax and accounting data, while SCoE from the system level taking into account the cost of electricity. Also includes:

Subsidies: while renewable energy has obvious benefits, but traditional energy sources such as coal, petroleum, natural gas, hydropower development also exist, such as subsidies, it is also only fair to be counted as a cost.

Power cost: renewable energy networking may be far greater than the cost of conventional fossil fuels, because of its remote location and low utilization of the transmission line.

Peak adjustment costs: renewable energy instability is one of the most important feature, it just needs to be some reliable control of the power grid to help renewable energy peak, unless future storage facilities become very cheap.

The cost of emissions: CO2 causes global warming, 40 €/ton of carbon taxes if, it is equivalent to coal-fired power stations per megawatt hour increase 23 euro, gas-fired power generation per megawatt hour increased by 11 billion, roughly equivalent to the current cost of electricity of 10%-20%.

Social effects: the dangers of coal-fired power stations to calculate PM10 and PM2.5, nuclear power to consider the impact of major accidents, the externalities of nuclear power and a lot of water, all of the above plus for renewable and traditional energy reduction. Of course, around the power station real estate will be devalued because of noise and pollution from power plants, this is negative social effects of power plants.

Economy: renewable energy and nuclear power will provide more jobs during the construction period, as well as due to the multiplier effect, to promote economic development.

Geopolitical effects: renewable energy-hungry country from the fossil energy impact can achieve energy independence, and avoid the effects of fluctuations in international energy prices on the domestic.

Siemens forecast 2025 United Kingdom the SCoE:

LCOE of carbon taxes is considered the first line second line is coupled with the implicit subsidies, cost of power, peak-shaving costs the LCOE (named LCOE+); third row is considering all the social impact of SCoE.

In this forecast, costs of offshore wind energy will be less than 95 euros, unlike United Kingdom consistent forecasting of the wind power industry Union (2020 less than 100 euros). The cost is assumed to be 81 €/ton of CO2, look very high, but given that 2025, should not be too high.

Subsidies: for example, implicit subsidies for nuclear power from 53 euro/MWh.

Grid connection costs: the United Kingdom was a “small country”, so network costs will save, but others will not. Offshore wind energy is grid connection costs, set at 2 EUR/MWh.

Social effects: social effect is very complicated to calculate, each country’s circumstances are different, and here the social cost of onshore wind power’s biggest, 4.8 euros/MWh, which is due to onshore wind is a lot of noise and Visual impacts on real estate around. The social costs of offshore wind energy is 0.

Economic effect: it is estimated that offshore wind power could increase employment is up, more jobs can lead to more consumption, of course, and ultimately boost the economy, creating a positive feedback loop. According to the United Kingdom Government estimates, 2020 for offshore wind power added 30,000 jobs, and bringing 8 billion Euro GDP. Similarly, it was Germany wind energy Council estimates could bring about 140,000 people in employment. Translated into economic benefits, the equivalent of adding 21 to 70 euros per MWh. In order not to affect too much, thesis, 21 €/MWh.

Geopolitical effect: due to fossil energy security issues, Governments would engage in hedging transactions on the international energy market, will cost recorded as geopolitical costs of hedging transactions. For the United Kingdom, coal price is 1.2 EUR/MWh, natural gas is 5.4 euros/MWh, and renewable energy the cost is 0.

Source: global wind energy Council, GWEC,GLOBALWINDREPORT,ANNUALMARKET2013.

Editor’s Note: for the calculation of the cost price has always been the focal point and difficult point in the economic analysis, a group of Nobel Laureates in economics is becoming masters for discovering some of the pricing mechanism, we can see clear price how difficult this thing. Siemens say this article has its own uniqueness and limitations of the data, or in order to promote their own offshore wind turbine and selecting favourable data. But this does not preclude reference to his method, we can learn from Siemens, certain qualitative conclusions quantification as far as possible, so that it exists “Falsifiability”, or is science

Original title: how to think about renewable energy integrated power generation cost

Polaris solar PV net news: in recent years, the rapid development of new energy sources like wind power, photovoltaic industry, their volatility and the impact of instability on power grid operation gradually.

In the wide nuclear solar development limited Xie Bin Dr said, currently micro grid station operations in the also exists three big difficulties, first, unit of synchronization sex technology enough high, limit has unit scale and group network way; second, PV power has must of randomness, so needs supporting of storage can battery, in charging and discharging of when also to followed the characteristics; third, PV power and load electricity is random fluctuations of, for station for needs solution frequency problem, guarantees powered of smooth sex.

Xie Bin believes that the key technology of large off-grid PV power station requires optimum design and rational allocation of the equipment. At present, China Guangdong Nuclear solar energy development through scientific match, full application of accumulator charging and discharging characteristics of stabilizing fluctuations. Micro-grid in construction of high penetration power, because the system often face substantial volatility in frequent, equipment to quickly respond to the needs, to balance the volatility. Energy storage technology, which plays a role to improve system stability and reliability.

At present, China Guangdong Nuclear solar energy development on a large scale in the off-grid PV power station, also adds remote monitoring, Diagnostics and upgrades, for commercialization of optical storage power stations in remote areas is very important. Xie Bin noted that the current system of remote monitoring, fault classification and data processing capacity needs to be improved.

Original title: the mysteries of organic thin film solar cell efficiency hack

Polaris solar PV net news: October 2014, China issued the “PV pro-poor” policies. In creating “PV anti-poverty” pilot demonstration projects, intends to create “PV power application” the first city of Hefei city, Anhui Province, has been active in exploring “corporate farmers mutual investment, generating proceeds of” new model.

According to Anhui Province Energy Council Chief Engineer Qian Li home introduced, for upgrade family PV station of proportions, 2014 Hefei introduced has high of standard subsidies, on city range within town residents using promotion directory in the of PV component products built grid of family type PV station, Hefei city financial by capacity one-time gives 3 Yuan/w subsidies, single station subsidies not over 15,000 yuan; feidong County,, and feixi County, and Changfeng, and lujiang County, and, chaohu city, regional within of farmers, by capacity one-time gives 4 Yuan/w subsidies, Single maximum subsidy does not exceed 20,000 yuan subsidy funded by the city and County (City) financial in accordance with 3:1 of the common commitment.

Qian Li Jia said the subsidy policies favorable to farmers themselves come up with tens of thousands of dollars in investment projects of super long gains, difficulties is quite large. Need a variety of ways to help farmers solve money problems, such as electricity, such as mortgage, installment, Enterprise build mode.

Original title: Chief Engineer of the Bureau of Anhui Province energy: large scale “PV poverty” is still difficult

Polaris solar PV net news: first,

Department of Energy Announces 2014 photovoltaic industry development.

Second, our analysis and judgment

(A) the cumulative volume 15-17 compound annual growth rate of over 46% on line.

By the end of 2014, the domestic cumulative grid-connected 28.05GW, an increase of 60%, annual generating capacity of about 25 billion, an increase of more than 200%. According to the Department of energy in 2015 PV scale draft, new grid-connected capacity targets for this year of 15GWp in 2014, representing a growth of nearly 50%. We expect 2016-2017 will maintain a rapid growth, 20GW, 25GW, respectively, a total compound annual growth rate of over 46%.

(B) the new grid-connected power station large-scale PV power station as the main engine of growth.

New grid-connected power station large-scale PV power station as the main engine of growth, along with innovative photovoltaic application model in the future, distribution is expected to grow steadily. In 2014, new grid-connected PV capacity 10.60GW, exceeds the opinions on promoting the healthy development of the photovoltaic industry, 10GWp goal, PV 8.55GW, distributed 2.05GW. 30 countries distributed photovoltaic power generation demonstration project, photovoltaic farm greenhouses, fisheries and light complementary power plants and photovoltaic applications such as governance of the barren slope innovation-driven, distributed PV surge of 0.8GW than in 2013. Under the draft, large utility scale this year between 8-15GW and distributed more than 3.15GW the roof, we believe that the short-term large-scale PV power plant is still the main driver of growth.

(C) the PV equipment manufacture the strong hengqiang, capacity utilization increased.

Photovoltaic power plant equipment manufacture the strong hengqiang, rising capacity utilization drive profitability, particularly poly links and module link. In 2014, the domestic polysilicon production of about 130,000 tons, an increase of nearly 50%, imports about 90,000 tons. Solar module production 33GW, rose 17%, the top 10 companies, the average capacity utilization is above 87%.

Third, investment advice

Recommended PV power plant of the future leading Oriental energy, has been leading light of inverter power supply and related subject matter including eging, Jiangsu mine, TBEA, Eicon Technology, linyang electronics, the Beijing Express, longi shares, rising in the East, sunflowers, etc.

Original title: power equipment and new energy sectors: PV installed capacity to maintain rapid growth

Polaris solar PV net news: on February 24, the warm sunshine in the upcoming commune, ningdu County village across the group, here, a quiet years of barren hills being a dark blue poly plates decorated with a new appearance. Here are 100 MW of grid-connected photovoltaic power generation project construction in the County.

Get Phoenix, photoelectric red giant phase

In 2015, the calendars for the new year is beginning, ningdu attracting good news: on January 27, Asia-Pacific resource development investment projects in Shanghai, a pitch meeting, shunfeng photovoltaic investment (China) Ltd and ningdu County Government about investing in ningdu County construction of photovoltaic power generation project a strategic cooperation framework agreement, invest 1 billion yuan to build solar power stations.

Changzhou shunfeng photovoltaic PV investment (China) Ltd is one of the world’s large solar power plant operator, company solar photovoltaic products development, production and marketing services, and photovoltaic power plant development, construction and operation as a whole, 2014 total development in the domestic photovoltaic power stations, 80, a total capacity of 2706mw.

Ningdu County optoelectronics Giants and “marriage”, in which County the upcoming Commune village to build 100 MW of grid-connected PV power generation projects, as the company is in the subtropical mountain-building of photovoltaic power generation project exploration, it is the skillful borrowing of optoelectronics Giants involved in the County’s new energy industry an important opportunity.

It is understood that the project area is about more than 2,400 acres, blocking power generation method of centralized grid, grid-connected system is divided into 100 MW unit, and supporting the construction of electronically controlled auxiliary buildings, living quarters, life, non-inverter, boxes and other ancillary facilities. Project will be put into operation in July 2015, access Wen fang, ningdu 110,000-volt substation grid, estimated annual power generation capacity of 120 million and earnings of 140 million Yuan.

Full service, photovoltaic project acceleration

Into an Fu Xiang XI Cun 100 MW of grid-connected photovoltaic power generation project construction site, skilled workers is intensifying its installed photovoltaic components. Jin Songtao, the project manager said, although the project is difficult, but progress is very fast, since December 2014 project began to negotiate so far, launched less than 2 months, now complete the component installation 10 MW, punch 22 megawatts of installed capacity, and set of 16 MW.

Project is behind the rapid progress of ningdu attaches great importance to and support. To enable the rapid construction of the project, the County set up a special leading group of photovoltaic, butt photovoltaic projects. Meanwhile, for the project to quickly landing, ningdu County organizations, forestry, environmental protection, water protection, comprehensive management, real estate, industry, power supply and other sectors devoted to scheduling, on-site unified coordination and management, projects, environmental assessments, land, building permits and other relevant set up procedures.

“As soon as possible in order to project power generation, is also spelled anfu village cadres. “Jin Songtao said with a laugh, when the project started, since local people worry that PV will produce radiation, resistance to the project. To dispel fears of the masses, the Township Party Committee personally led the team and village for a week, door-to-door advocacy photovoltaic power and its safety and environmental protection, and untie the knot of the masses. After the project started, the ad hoc working group, designate a person responsible for forest land leasing, “three connections and one leveling” and conflict mediation.

“Although the project construction of the complex, difficult, but with the strong support of the local government, which is building one of the fastest projects in recent years. “Jin Songtao said.

Poised, new energy and the spring will come

PV how big is the charm? An Fu Xiang XI Cun 100 MW of grid-connected PV power project manager Yang introduced compared with traditional energy sources, photovoltaic power generation process which no mechanical moving parts and consumes no fuel, and any substance, including greenhouse gas emissions, features with no noise, no pollution.

Photovoltaic power generation project will not only improve the energy structure of ningdu County, and local farmers ‘ employment, Yang said that after the project starts, there are nearly 50 villagers involved in pouring pile and transport of materials. After the project is completed, more than 2,400 acres of polysilicon panels need to be cleaned regularly, this will add hundreds of jobs to the local.

Fancy solar energy resources, pollution-free, without geographical restrictions, the advantages of an extensive and inexhaustible. The ongoing economic transformation and upgrading, break the bottleneck of energy, lengthening industrial ningdu County boards to develop new sources of energy as the main direction of the transformation of economic development mode.

“In July this year, after the project grid will ease power shortage situation, ningdu and driving the development of energy saving and environmental protection industries, promote low carbon, release of significant economic and social benefits. “Wan yong, Deputy Director of the County,” said du is a open mind to meet the new energy of spring. ”

Original title: shunfeng photovoltaic Ganzhou, ningdu 100MW grid-connected photovoltaic power generation project development

Polaris solar PV net news: recently, this reporter visited the Hina Group located in the United States subsidiary Alta Devices workshop in Silicon Valley. Inside the rows of high-tech equipment at full throttle operation, Chinese scientists have marveled at the great idea lets reporters, they wanted to use wearable equipment, automobile and other thin-film technology the subject of each individual as a power, so that the energy is everywhere.

Top technology boost industrial upgrading

For more than 30 years reform and opening up, the low cost of labor and natural resources, environment is a key driver of China’s rapid economic development. As China’s international comparative advantage is disappearing, rising labor costs, resources and environment bearing down, the traditional model of development is unsustainable.

From transition to innovative advantage is the low cost advantage supported China, inevitable choice for the development of the world’s second-largest economy, but also the future of China’s economic development needs of the new normal. But the reality is that many of China’s industries in the global value chain, key technologies are controlled by others, products low profit. Lack of core technologies become the bottleneck of China’s industrial upgrading.

For example in the solar photovoltaic industry, in our country, the positioning of the photovoltaic industry is “strategic industries”, the so-called “emerging” is has great room for development in the future, and “strategic” represents its overall and long-term interests. However, PV industry in China face the problem of insufficient core competence, despite the current PV cell production world production of about 60%, but advanced technologies, materials and high-end equipment still relies on imports, especially high-end equipment imports push up costs, “kidnapped” technological innovation.

Throughout the PV industry, since 1883, United States inventor Charles ˙ Fritz first successful preparation of solar photovoltaic cells, in recent decades, technology has three generations of solar cells. First on behalf of polycrystalline silicon, monocrystalline silicon solar cell, second on behalf of amorphous silicon thin film solar cells and high efficiency, low cost, large scale Copper-Indium-Gallium-selenium thin-film batteries, high performance flexible gallium arsenide cells, chromium batteries such as Telluride, the third generation of mainly refers to the organic and dye-sensitized cells and other emerging battery technologies. Related research displayed, Silicon, and polysilicon and film in application Shang each with pros and cons, but due to film battery, especially Copper Indium Gallium se battery, and arsenic of gallium has better of weak light power sex, and high temperature power sex (temperature improve Shi, battery effectiveness declined smaller), so in actual electricity Shang, film battery of advantage more highlight, also, film battery due to its quality light, and color can adjustable, and shape can plastic, features, can widely application Yu electronic products, and can wear equipment, and car, civilian solar field.

Chairman of hanergy holdings group said Li Hejun, Hina is by promoting photovoltaic power generation technology of the world’s top film industry upgrading, China ahead. Hina one after another in the past two years, the world leader in thin-film solar companies Germany Solibro, United States MiaSol é, GlobalSolarEnergy, and AltaDevices into their folds, electricity is Hina’s film technology has reached the international advanced level, with Copper-Indium-Gallium-selenium cells to get United States national renewable energy laboratory (NREL) certification the highest conversion rate of 20.5%. Gallium arsenide cells highest conversion rate is 30.8%, which is thin-film solar cell world record for the highest rate of technology transfer, which allows Chinese to become world solar photovoltaic field can not be shaken technology leaders.

Mobile energy, and energy will be ubiquitous

Who represents not only the world’s top film power generation technology advances in solar technology, also a no less than the Internet, mankind, ultimate game as much as the Internet revolution of human energy use, it revolutionized the traditional way to use energy, thus making human industrialization process reengineering. Thin film application generation techniques will bring power and transmission of innovation. China is now developing distributed generation, thin-film technology integrated into building solar power products, its near the electricity demand and generation, and thousands of roofs interconnect. Centralized power supply system relies on large power plant currently in use at hundreds of kilometres or even thousands of kilometres of electricity transmission problems for waste and inefficiency in. New smart grid is significantly different, it helps eliminate pollution, to cut costs and increase reliability.

In addition made it possible for distributed power system, films new forms of power generation technology also led the development of mobile energy, consumers no matter where you go you can bring the power around. Mobile energy is based on portable distributed generation technologies, energy storage, control, information and communication technology combination, removable, all weather, energy-efficient supply. Mobile energy: the revolution of energy use, is to use thin-film power where and when energy, energy is everywhere. Mobile energy will be turned on its head the way humans use energy.

The spread of portable electronic devices on the Internet becomes an essential part of people’s lives, while conventional fossil energy reserves shrinking and the increasing environmental pressure, electric vehicle industry will be substantial development opportunities, follow is the huge demand for mobile energy supply. Characteristic of a portable, intelligent, networked thin-film solar power generation technology will provide best solution for mobile energy, and bring new energy, new energy vehicles, high-end equipment manufacturing, new materials, energy saving and environmental protection strategies, such as the development of emerging industries to form a “new normal” under China’s new economic growth.

Original title: Chinese leading thin film technology to promote PV industry upgrade

Polaris solar PV net news: renewable electricity produced will soon overtake nuclear power plant.

A change of trend is United Kingdom power station staged. Renewable generated electricity will soon overtake nuclear power plants. Under the United Kingdom the National Bureau of statistics, the contribution rate of the country’s renewable energy used for lighting grew by more than 1 time, 14.9% of 6.8% rise from 2010 to 2013. While nuclear power accounted for 19%, in a slow decline.

In 2013, the onshore wind power generator for the United Kingdom provides renewable power supply one-third. Offshore wind energy is also rising rapidly, accounting for 21%. Recently approved by the world’s largest offshore wind farm plans to build 400 turbines, covering much more than 1100 square kilometres of beach shallow sea waters of the North Sea. Upon completion, the existing 4000 MW offshore power generation capacity increased by nearly two-thirds on the basis of capacity.

United Kingdom Secretary of State for energy and climate change eddavey said, since 2010 the country invested 14.5 billion pounds to wind generators, “renewable energy is also reducing our dependence on imported fuels”.

“In the past 12 months, wind’s performance had several days in a row over nuclear power. “From the United Kingdom of gordonedge renewable energy industries Association says, the gap is narrowing rapidly, renewable energies will be permanent at the end of next year and beyond.

In the United Kingdom, other important renewable electricity include biomass, hydropower and solar power. Among them, the biomass and coal co-firing of biomass in a leading position, and although the photovoltaic cells on the roof of the country appeared more and more, but the development of solar energy is still lagging behind. However, most of the electricity from fossil fuels, 37%, 28%, came from natural gas from coal.

Original title: British renewable power will exceed nuclear power

Polaris solar PV net news: Saudi Arabia King Abdullah city of Atomic Energy and the renewable energy (KACARE) departments showed a report released by Chairman Hashim Yamani, Saudi Arabia its renewable energy development plan has been delayed for eight years, set it’s installed capacity milestone goal setting to the year 2040.

Key points

Saudi Arabia to 16GW of PV installation milestone goal from 2032 to 2040. Equivalent to this objective in the next 25 years, the annual installed capacity of 640MW.

IHS will Saudi Arabia PV installed capacity Outlook for the next five years by half, from 1.6GW down to 800MW.

Plummeting oil prices has dented Saudi Arabia use alternatives to oil as a primary energy supply in the short term.

Saudi Arabia announced its goals for renewable energy development in 2012 for the first time, makes solar message from the industry for its high expectations. As one of the world’s richest countries, public tender attraction a lot of developers and manufacturers to Saudi Arabia to develop new business.

But because regulators did not advance planning of tenders with PV installed capacity in the region stalled less than 20MW, makes the PV practitioner fidgeting. Saudi Arabia King Abdullah city of Atomic Energy and the renewable energy (KACARE) latest report published by the Department of its installed capacity milestone delayed until 2040, further reducing the near-to medium-term growth prospects.

In Saudi Arabia, King Abdullah city of Atomic Energy and the renewable energy (KACARE) sector in 2012 when it announced its photovoltaic development goals, leading industry upbeat expectations about the prospects for its development. After that, IHS has steadily fallen Saudi Arabia PV demand Outlook. Prior to this, IHS is expected over the next five years will be completed in the area of 1-2GW PV project, will now be modifying their projections for the project is put into operation by 2020, there will be a 1GW.

Such prospects depend on the regulatory framework for PV, either by tender or price. In view of Saudi Arabia stressed its support of local industries, another factor that influences the development of photovoltaic is the development of the local manufacturing base.

In the past few months, the slump in global oil prices may reconstruct the Saudi position on new generation energy. In view of recent global oil prices, encouraging oil savings policies will affect the country for export PV deployments in the short term. But long term, the offer is still open to cut oil consumption, IHS expects Saudi Arabia will deploy most of the new PV installed capacity to 2020-2040.

Background

Saudi homeland located mainly between 26 degrees and 21 degrees north latitude, size 2.25 million square kilometers, abundant sunshine and is one of the countries with the best photovoltaic, twice times the average solar radiation is about Europe. A population of 30 million, per capita $ GDP22635, ranked 40th in the world (2011), which is around four times times the Chinese.

Kuwait financial center pointed out in its report on the construction of infrastructure, Saudi investment in all countries in the Middle East to power the most. Saudi Arabia’s per capita electricity consumption in the world, nearly half of the electricity used for household consumption. At present, Saudi 49% of electricity from natural gas, and the rest are from liquid fuel.

In May 2012, Saudi Arabia development agency K.A.CARE announced its ambitious clean energy plan: by 2032, the completed solar installed capacity 41GW, nuclear power installed capacity 17GW, wind, biomass and geothermal Assembly machine 13GW. Solar capacity goal, PV installed capacity to 16GW, concentrating solar power (CSP) capacity of 25GW. K.A.CARE was originally scheduled to launch in 2013 two-wheeled machine tenders had been postponed to 2014, but has yet to release further details.

Statistics show that Saudi demands for electricity since 2002-2011 year the annual growth rate of more than 70%, Saudi Arabia’s current electricity consumption of about 80% for civilian power. Summer air conditioning electricity consumption soaring, reaching annual peak demand for electricity. From the load increases on the basis of the energy demand is mainly due to the increase in peak power load and intermediate demand.

Saudi base load electricity demand during the summer is almost twice times the base-load electricity demand in winter. Summer’s peak electricity demand appears twice in one day, an appearance at 11 o’clock noon to three o’clock in the afternoon, this time is the highest air temperature in the hottest time of the day, electricity demand peak; the second peak electricity demand occurs at 19 o’clock in the evening, even though temperatures have dropped, but residents in their homes, electricity demand is still high. Two peaks in electricity demand were the main reasons air-conditioning electricity consumption.

Meet daytime peak demand for electricity for the first time, rely on photovoltaic power generation. Because relying on solar thermal power supply current demand for electricity during the day is higher than the cost of PV, due to economic concerns, PV is meeting the demand for electricity during the day better renewable electricity options.

But for peak demand for electricity at night, relying on solar power is difficult to achieve. At this point, the role of solar thermal power stations with a heat storage is revealed, this is the core competitive advantages of solar-thermal power generation. Moreover, solar-thermal power generation can in theory be Saudi source of base load electricity, alternative to oil and gas consumption of non-renewable resources.

Taken together, from the analysis of the current situation, solar-thermal electricity generation and solar power as an alternative energy portfolio, is a good choice for Saudi Arabia to develop alternative energy sources.

Original title: Saudi Arabia postponed photovoltaic renewable energy development planning’s Outlook is grim

Polaris solar PV net news: recently read a piece of information: Bank credit into “let go” and usher in a new round of PV industry “Golden” opportunity State Bank, ICBC, China Construction Bank, China Merchants Bank, industrial classification, grading, and Shanghai Pudong Development Bank loans provided to technical innovation ability of photovoltaic companies. This news came out very attract people’s attention, but not the Bank released positive news for the PV 2012 State CDB support, introduced PV “six large and six small” enterprise policy, and the implementation of the result is not satisfactory. Author has been involved in the development of photovoltaic power stations in recent years, construction work, usually also have treated with banks, in-depth exchanges with various types of photovoltaic companies did was banks ‘ lending problems of photovoltaic companies, also was the helplessness and hopelessness, summarized as follows:

Heavy restrictions on PV enterprises

Talk about bank lending levels. According to the China Merchants Bank credit guidelines issued by the photovoltaic industry, objects are divided into classes of loans: for large State-owned power companies “can be used as our main target customers”; for professional power plant developers “I preferred to intervene … … Some customers “; of upstream PV manufacturers to power industry and raw materials,” in principle does not intervene in this type of customer. “

Universally known, “upstream the photovoltaic manufacturing companies” actually mainly constituted by private enterprises. Through this provision, is in fact plainly how “lending to private enterprises to be careful” unspoken rules.

Bank lending to photovoltaic power plant developers in recent years as an example, I give you further instructions. Nearly 3 years, investment in the photovoltaic plant, basic is the National Development Bank (hereinafter referred to as State CDB) loans. For the large State owned enterprises, State CDB has the credit, basically if you have a project, CDB is unconditional support, free money as long as 20%, and the method of withdrawal of funds is more free, extracted can extract at once or in batches. For large, publicly traded companies, because lenders are generally the project company, it is listed to pick stocks or other collateral to guarantee. For unlisted private companies, the first to look at feasibility report capital gains rate, the second must have paid their mortgages. Some people might have said, can take power station for 20 years the right as collateral. Actually the right mortgage is certain, but private loans must be other fixed asset collateral, preferred commercial property and real estate, equipment, mortgage 30% mortgage 20% or at most, according to the existing book value.

A case study of private enterprises, the company built the 50 megawatt photovoltaic power plant in the northwest province, project feasibility report estimated total investment of 500 million Yuan, self-raised funds 30%, which is 150 million dollars, applying for a bank loan is 70%, which is 350 million dollars. Private enterprises to put their own commercial real estate mortgage of around 350 million dollars to the Bank, was mortgaged to the Bank the right to charge to the PV power station for 20 years, and also bear unlimited liability of legal person of the company, corporate and spouse must issue a statement to the Bank–all of the assets of the couple in an enterprise cannot bear unlimited responsibility for banking when bank debt debt. Even after normal power generation power station construction is completed, all secured loans are also be able to lift the project. After the plant is completed, the nearly 850 million dollars of assets frozen in private enterprises (station is about 500 million Yuan, commercial real estate mortgage of about 350 million dollars).

Even when private enterprises in bank borrowing in addition to the above conditions also requires double the lender, and the project company is a debtor of the parent company.

In terms of drawing State CDB is also limited, General lending is signed by the project company’s equipment contracts and progress payments, won’t make companies a one-time withdrawal of funds (fear of corporate donations run).

Two ways of thinking at work

Next, look at the hierarchy of bank interest rates. Of the CDB CDB, for the large State owned enterprises, State CDB is the benchmark interest rates to fall about 10%, for large listed companies is the benchmark interest rate was above the benchmark rate of private enterprise 8%~10%. Difference between private enterprises and trimming the cost of capital of nearly 20%! Comes from the taxpayers to support completely different from the policy.

SAC provides that trimming the liabilities of more than 70%, no development of new projects and loans, but the average debt ratio of 84% five major power companies, which do not exceed 70%? Why are they able to obtain bank loans with low interest rates without it? Only icing on the Bank of nature does not help, then why take care of photovoltaic investments in the five major power companies? Plainly these two thought that exist: the best way to prevent the loss of State-owned assets was rotten meat in the pot, and the sins of private enterprises.

Corruption from 18, there is a huge gap between the public and private, all of corruption against public, banks are not lending to enterprises, such as China resources, the railway company and all other SOEs are also like that. But if it is a private enterprise is miserable, bosses should be arrested or anything, all banks will let you get on a loan, the Government can force took his property auctions, such as Chen mingliang, Chongqing black the rich.

Loans to SOEs, even if it is broke, none hold the bank lenders accountable; lending to private enterprises, calling Bank will step down.

By 2013, PBC issued a document withdrawing financial institutions loans interest rates of 0.7 times times the lower limit, in accordance with commercial principles determined by financial institutions loans interest rates. Lifted the bottom line for banks ‘ lending rates to fall was arguably good, facilitate competition among banks. A private enterprise boss said something: credit loans on, talking about interest rates to fall a bottom line?

To sum up, if the Bank lending through tainted glasses for banks on positive news of the photovoltaic industry, than was said to be on trimming the large solar support policies such as (beginning in 2011 State CDB has been supporting), private enterprises still want to be self-reliant!

Original title: why do banks lend to PV of “tinted glasses”?

Polaris solar PV net news: Chinese film the generation Group (HTF) has publicly for the first time and the Chinese group as its business plan signed by the thin film products and raw materials supply agreement due date to 2017.

HTF said with Han Chinese group signed the supply agreement was purchased from 2015 to 2017 in fiscal year number of PV modules, including 1.5GW of a-Si/Si-Ge thin film solar module.

HTF in 2014, two a-Si production the plant’s equipment and automation systems for the acquisition, installation and certification preparation for their orders of the Hina group.

Hina Group also plans to adopt this general supply agreement purchase of 70MW flexible CIGS thin-film solar module and 80MW of traditional glass/CIGS glass thin-film solar module.

Other ancillary contracts also includes 5.3 million square meters of thin film BIPV solar module, presumably for a-Si technology products. Hanergy holdings also plans to buy 110MWnc-Si thin film solar module.

In terms of price, allegedly “after a fair consultation” contract prices with very high cost competitiveness.

A-Si/Si-Ge thin film solar module’s purchase price was set at “not more than” levels at 3.3/w (US$0.53/W). Flexible CIGS module price of 4.1 Yuan/w (US$0.66/W), the traditional CIGS is 3.76 Yuan/w (US$0.60/W).

Nc-Si thin film solar module prices are no more than 3.6 Yuan per watt (US$0.58/W). BIPV prices of thin-film solar panels was 1300 Yuan/square meter (US$207.91/m2).

However, the contract payment terms are not entirely by the State of loading of goods (for example, FOB terms) to determine and supply agreements, “supply contracts” implementation of 30% of the cost must be paid within 10 working days, and master supply agreement for approval within 5 working days of the adoption of the Hina group pay a 20% fee.

Component is delivered within 30 working days after again paying 45% fees; the rest of the 5% costs, after one full year of product delivery within 5 business days of payment, or the Hina group for the delivery of solar panels after the warranty certificate issued by lump sum, whichever is the earlier date.

Meanwhile, Hina group will set ceiling on annual payments, 2015 for 15.9143 billion Hong Kong dollars (about 2.05 billion US dollars), and the same applies to the master supply agreement in the rest of the year.

Original title: Hina reported thin-film solar products master supply agreement

Polaris solar PV net news: 2014 grew 313.85% annual report performance in line with expectations of the company: companies launch in 2014, annual reports, annual revenue of 3.68 billion yuan, an increase of 61.38%, achieving 294 million yuan in net profit attributable to shareholders of listed companies, rose 313.85%, the corresponding EPS 0.55 Yuan. Among them, the 2014 season in the fourth quarter the company achieved operating income of 1.23 billion yuan, an increase of 70.15%, rose 23.87% realized 105 million yuan in net profit attributable to shareholders of listed companies, rose 254.22%, rose 35.85%, corresponding to EPS to 0.19 Yuan. Company annual reports performance with previous performance pre-increase announcement, exactly what we and the market expected.

2014 2GW silicon chip to consolidate the leading position in sales, planned for 2015 3GW sustained high growth: 2014 wafer sales rose 62% to about 2GW (about 440 million), the global wafer market share is about 4%, global Silicon market share is about 20%, and further strengthen the company’s leading position in global wafer. Among them, the silicon chip export sales 1.55GW, total annual sales (including fiduciary processing) 77%; 2014 customs export statistics showed, the company exports accounted for 37.4% of silicon chip export shares (by amount), still is the largest silicon chip export shares of enterprises. 2014 yilai, overseas almost all new battery produced line are select has crystal technology route, part more Crystal battery produced line also began to Crystal technology for upgrade conversion; we think Crystal needs accounted for than of inflection point has now, Crystal will began achieved on more crystal of part alternative, market needs growth is expected to over 30%, above PV industry overall growth; 2014 China Crystal accounted for all wafer export amount proportions from 2013 of 41.6% rose to 2014 of 43.2%, Confirmed this trend. Company has become the absolute leader in the silicon chip industry, plans to increase expansion and rapid market expansion is expected in 2015 3GW of monocrystalline silicon wafer production capacity by the end of 2014 at the end of (including Silicon rods) spread to 4.5GW, the company planned for 2015 3GW (including components use wafers), expanded 50%, and further strengthen the position of world’s biggest solar energy silicon vendor strategy.

2014 r 7% 12.79% reduction in costs compared with non-silicon wafer gross margins continued to improve: the second half of 2014 silicon chip price declines, but the year still edged up 2.6% per cent to 1.58 Yuan/w. Companies relying on the abundant scientific research strength and refinement controls, went smoothly as planned to import the patented technology, product quality improvement and cost reduction of outstanding achievements. 2014 research and development investment of 254 million Yuan, an increase of 62.8%, up to 6.9% per cent of revenues. Many times pulling technology, diamond wire cutting technology, thin and thin slices of silicon and other techniques used to make the company’s non-12.79% reduction in costs compared with wafers reduce unit costs compared with an average of 4.41%, forming a clear cost advantage, which in 2014 costs downward trend is particularly evident in the second half. In this context, the company’s gross margins continued to improve silicon wafer in 2014, compared with upgrading from 5.52% to 17.49% over the year, 2014 gross margins in the second half of which is close to 18%. 2-3 years in the future, non-SI costs 10% per cent decline every year potential fall of Silicon 15% more than consumption, gross margin is expected to continue to climb above 20% company silicon wafers, and space giant profits.

Creating “leaf” high performance components brands accelerate Crystal technology promotion: 2014 implementation component of the company’s income of 155 million Yuan (about 40MW is expected), an increase of 68.77%; gross profit 11.32%, 8.13% per cent increase; planned for 2015 the components while sales are less than 500MW, after large-scale gross margin is expected to continue to improve. Company through cash acquisition Le leaves company 85% equity, gradually formed 500-800MW of component capacity, future intends to new capacity of way spread to 2GW; intends investment 500 million Yuan established PV component business of integration platform Le leaf v, layout build “Le leaves” second brand; is expected to future may to new, and acquisition or leasing of way further expanded capacity and unified into to Le leaf v of platform on, and plans with 2-3 years time build domestic line Crystal component brand, Implement single crystal component first in market share. Taking into account the company will vigorously expand plant operations to create efficient component brand to fully guarantee the quality of component products supply; the most important thing is, the company accelerated brand, of the monocrystalline solar module business development on a large scale, can guide effective demonstration and extension of single crystal route in the PV market.

Concentric a period 30MW operations good, indirect shares country opened new energy upgrade station competitiveness: company 2014 new PV station project 60MW, has grid of 30MW concentric a period power project achieved power income 3,968.570,000 yuan, according to its 1 Yuan/kWh of Internet electric price (containing tax) measuring, annual electricity about 46.43 million kWh, years effective using hours number about 1548 hours; and 71.26% of gross margin displayed out good of profit sex. Through equity investment stake in Zhuhai general EU new energy partnership (limited partnership) to achieve indirect stakes in China new energy, as represented by the Department of State and deepening cooperation of the many capital giants. Company together country opened new energy March PV station operations, conducive to smooth gets term long, and cost low, and lines big of funds; while, company relies on manufacturing of geo advantage, in Ningxia, and Shaanxi, and Zhejiang, to has strong of project resources gets capacity; with for industry in-depth of understanding, and fine benefits of management experience, and professional of technology team, company for station development operations has strong of management capacity. Companies in the field of power plant has formed three key competitive advantages projects, funding, management, and utility business competitiveness underscores. Speed up good power plant assets precipitated the company can not only enjoy the benefits of power station operation stability of substantial investment income, single Crystal product can also verify the superiority of play to their exemplary role, to accelerate the promotion of single crystal technology, further opening the company’s main products are monocrystalline silicon wafer market space.

Overall reduction in cost rate, cash flow from operating activities and beautiful: the company’s expenses for the period from 2014 fell to 2013 in 7.86%, 2014 rate annual rate of selling expenses, administrative expenses and financial expenses, respectively, from 2013, 1.1%, 5.23%, overall dropped to 1.06%, 4.66%, 2.14%, further increase in the gross profit rate increase on the basis of the net interest rate increases, Net rate an increase of nearly 5% to 8.11% in 2014. Other hand, the company operating the 2014 levels increased significantly, continued to improve the internal control system, strengthening internal auditing mechanism of risk prevention, inventory turnover days for 111 days, down to 27 days, accounts receivable turnover days to 36 days, down for 11 days; prepayment 55.17 million Yuan was 81.59 million at the beginning of the end of 2014, markedly reduced, show that the company’s market position and credit limit has increased.

2014 367 million cash flow from operating activities of the company, up from nearly 300 million of net profit, showing high levels of earnings quality.

Restricted stock incentive plans to escort to ensure steady improvement in company performance: completed a restricted stock grant of equity incentive plans, incentive grants to 489 9.2723 million shares, forming a well balanced distribution system and motivate key personnel of the company good faith working diligently to ensure steady improvement in company performance.

Industrial chain layout improved strategic transformation to a global leader in solar power equipment company: company Solar Silicon material specialized manufacturer and has grown to become the industry leader, then layout efficiency component and enter the field of power plant, improved wafer-assembly-plant industrial chain layout, strategic transformation to a global leader in solar power equipment company, solar integrated service provider taking shape now. Companies are expected to lead the development of the industry, and continuously upgrade the status of the industry, to enhance the company’s valuation.

Investment advice: in case of not considering a diluted share capital, we expect EPS 1.03 per cent, respectively, of the company 2015-2017 1.51 and 2.07 dollars, 26.1 times times correspond to PE, 17.8 times and 13 times times, maintaining a “buy” investment rating and target price of 31 Yuan, which corresponds to 2015 30 times PE.

Risk warning: cost reduction is not expected; single crystal growth in demand does not reach expectations; financing is not up to expectations.

Original title: perfect 2014 annual report, show the PV King style

Polaris solar PV net news: announced in January its PV projects reserve position, the major suppliers of photovoltaic energy solar solar has announced the United Kingdom plans to market, its United States market project reserves similar to the company in the United Kingdom market through acquisition to expand its own project reserves.

Solar solar said the company has been in the United Kingdom acquired a total of six item 46MW, but does not show that acquisitions of companies, did not disclose specific financial information.

But the company said four acquired the project has been in a State of construction, and is scheduled for completion by March 2015 incorporations, beat United Kingdom completed before the ROC industrial stimulus change.

Two other smaller projects, a total of 5.5MW, will begin in late February 2015 construction is expected in the second quarter of 2015 network into.

2015, the company is expected to further expand its United Kingdom project reserves.

“The United Kingdom is one of the most important and fast-growing solar energy market, these transactions were able to provide us with excellent opportunities, using their own experience and strength to reprofiling of funds and support company growth, create value for shareholders. “Solar said Qu Boshi, Chief Executive.

“We will continue to expand the company in the United Kingdom multiple opportunities for assessment of solar projects in reserve, and is looking forward to over the next few quarters in new related bulletins are released. ”

In late January 2015, solar name of early/Middle projects under development total stock of 3.1GW, had less 3.2GW than March 2014.

But the takeover at a price of us $ 265 million sharp in United States project development team of Recurrent Energy, improves its PV projects reserves 4GW, the cumulative total of 8.5GW.

Original title: Canadian solar announced United Kingdom PV power reserve