Who Is More Likely to Share the Big Cake of BIPV?

Recently, it has been reported that the new BIPV products that Longi New Energy is about to release will be officially launched on the market in the second half of this year after more than a year of research and development and preparation.

It is understood that in order to effectively solve the shortcomings of the short service life of the existing industrial and commercial buildings, the weak waterproof and wind resistance, and the long-term idle roof, etc., Longji BIPV new products will comprehensively improve the performance and service life of BIPV products such as thermal insulation, windproof and waterproof, fire and lightning protection, impact resistance, light weight, etc., while achieving the perfect combination of efficient power generation and reliable building materials.

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Longji announced in 2019 to enter the BIPV market, and will launch its own industrial and commercial BIPV roof products in mid-2020, and plan to achieve BIPV revenue volume of 10 billion yuan by 2024.

It is understood that as of now, Longji IPV production line equipment has been installed and commissioned, and will soon enter the mass production stage. The official product name and time to market of the new Longi BIPV products have also been finalized and will be officially announced in the second half of this year.

Tesla in the North American market has a soft spot

In fact, after years of development in BIPV, the industry has moved from concept to implementation.

More and more companies realize that the integration of solar photovoltaic modules and building materials is a double benefit for the solar photovoltaic industry and the construction industry, and in the process has set off a new revolution in green development.

In terms of application form, BIPV is a new hotspot of distributed photovoltaics. Compared with BAPV with a single application scenario, BIPV can be applied to roofs, curtain walls, sunshades, greenhouses, etc.

Based on this, BIPV can be applied to a series of scenarios such as photovoltaic tile surface, daylighting roof, external window shading, awning and so on.

Overseas, there has also been new progress in BIPV’s R&D and business development. Judging from the trends of foreign companies, Tesla can be described as having a soft spot for the BIPV business.

Tesla’s solar rooftop business can be traced back to 2008 at the earliest. After continuous innovation of technology, in October 2019, Tesla launched the third generation BIPV residential roof system Solar Roof V3, with a cost of about $34,000 per set. According to the California average electricity price, Tesla’s solar roof V3 standard project The payback period is 11 years.

The third generation of Solar Roof mass-produced photovoltaic roof products for the first time. This product embeds photovoltaic cells in tempered glass to realize the integration of photovoltaic buildings.

In March 2020, according to the company’s latest developments, Tesla is looking for “commercial and residential user side” business development managers, project development engineering managers and other relevant personnel. The monthly salary for the business development manager is 30,000 to 40,000 yuan. That is, the annual salary can be up to 480,000 yuan. It is enough to see Tesla’s determination to revive the solar rooftop photovoltaic business.

Recently, Tesla China has newly added three recruitment information for the solar roof business. Combined with the previous two recruitment information in March, it is not difficult to find that Tesla’s BIPV business has officially opened in the Chinese market.

Relevant agencies pointed out that this year, affected by the epidemic situation at home and abroad, the price of the industrial chain has fallen sharply, and the cost side continues to fall sharply. It is expected that the scale of the bidding index this year is expected to exceed expectations, while the consumption expansion will also facilitate the promotion of parity projects. According to estimates, the annual installation of Tesla photovoltaic roofs in the North American market is expected to reach 5-10GW per year.

Domestic photovoltaic companies “distribute huge cakes”

BIPV has amazing market development potential, with a potential market space of hundreds of billions. This provides BIPV with sufficient business bearing and development space.

According to the National Bureau of Statistics data and the China Academy of Building Research estimates, China’s existing building area is about 80 billion square meters, solar photovoltaic cells can be installed nearly 3 billion square meters, and the installed capacity is about 400GW; at the same time, China’s new construction area is about 40 100 million square meters, about 300 million square meters of solar cells can be installed, and the installed capacity is not small.

This huge cake has made many domestic photovoltaic companies “coveted”.

Since the “531 policy”, whether for active or passive reasons, in order to further reduce the cost of photovoltaic power generation, Chinese photovoltaic companies are getting rid of the risk of a single market and actively deploying the rooftop photovoltaic market.

In the domestic market, in addition to Longji shares, CITIC Bo, Dongfang Risheng, Jinko are also early BIPV companies.

As one of the earliest domestic enterprises engaged in photovoltaic power generation business, Dongfang Risheng is also actively deploying BIPV. At the beginning of 2020, Dongfang Risheng said that the company has reserved and applied BIPV-related technologies.

It is understood that Dongfang Risheng Changzhou’s 2.05MW BIPV project has passed the grid acceptance on August 28, 2019 and started generating electricity. It is estimated that the average annual power generation is about 2 million kWh, and the internal rate of return on investment is 14.8%.

CITIC Bo predicts that in the future, more owners will adopt BIPV integrated solutions. While enjoying the green benefits of solar power generation, they will also save the capital cost and time of roof repairs.

JinkoSolar provides predictions of the legislative requirements for photovoltaic buildings. Jinko Electric stated that by 2025, more and more countries and regions will adopt local regulations to modify or add new building standards for local application of solar energy systems. It is required that within a certain height, new residential buildings above a certain area must be installed with photovoltaic systems; all suitable industrial and commercial roofs of the park must be installed with photovoltaics, which will also be incorporated into local park management regulations.

The new BIPV products to be released by the above Longji New Energy will comprehensively apply leading technologies such as double-glass half-sheet high-efficiency single crystal, 360-degree upright locking, seamless splicing, etc. At the same time of performance and service life, it realizes the integration of efficient power generation and reliable building materials.

When visiting the production line of Longji Stock, Three Gorges Capital said: “Longji has launched a landmark BIPV product, hoping to continue to lead the new direction and trend of the development of the photovoltaic industry. BIPV, as the future development direction of green buildings, deeply integrates building materials and photovoltaic energy The functions and characteristics of the company will continue to promote the diversified development of clean energy.”

According to the Longji BIPV building photovoltaic integrated solution, the project investment recovery period is only 7-8 years, and the IRR (internal rate of return) reaches 11%.

The good news is that, according to the policy of the National Energy Administration, the wind power consumption space is 37GW, and the photovoltaic power consumption space is 48GW, which greatly exceeds the market’s expected consumption indicators of 30GW for wind power and 40GW for photovoltaic. At present, all provinces have started the declaration work for photovoltaic parity and bidding projects in 2020, and they will land before the end of June. The expansion of the consumption index will undoubtedly give the applicants confidence.

Regarding the future prospects of BIPV, industry insiders believe that BIPV is a key technical factor to solve the demand for near-zero energy consumption of building electricity. With the rapid reduction of the cost of the photovoltaic industry chain in recent years, the photovoltaic industry has moved from photovoltaic power plants to BIPV. Relying on the era of no subsidies, the rise of spontaneous market demand will open up a broad space for the development of BIPV.

Posted by Carrie Wong | WSL Solar

WSL Solar has been a quality and professional manufacturer of custom solar panel and solar solution provider in China since 2006.


Tesla, Jinko Scramble To Lay Out the Roof Photovoltaic, Is the Era of Customization Coming?

With the rise of global green energy, the development of the rooftop photovoltaic market has become a general trend. Whether domestic or overseas, this market is being deployed one after another. 

Earlier this year, Tesla CEO Elon Musk stated that the company will prepare to launch solar roof business in other international markets outside the United States in 2020, including China. 

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Tesla’s layout of its solar roof business dates back to 2008. 

In October 2008, Tesla founder Elon Musk’s cousins ​​Lyndon Rive and Peter Rive founded SolarCity, a family photovoltaic installation company with a cumulative installed capacity of more than 3GW. It was once the largest domestic solar photovoltaic system service provider in the United States. 

In December 2012, SolarCity went public on the Nasdaq and acquired Silevo in 2014, extending from photovoltaic installation services to the manufacturing of battery modules. 

In June 2016, Tesla purchased SolarCity under its $ 2.6 billion stock, but SolarCity was in a dilemma when it was acquired. In the following years, its business plummeted and it suffered annual losses.Musk was also accused by Tesla shareholders and To sue. 

In October 2019, Tesla launched its third-generation photovoltaic roof product (Solar Roof V3). Due to the use of Chinese photovoltaic cells, the price is 40% lower than in the past. 

In December 2019, Musk stated on Tesla’s earnings call that Tesla’s photovoltaic and energy storage business will grow faster than its electric vehicle business, and Tesla will focus more on Tesla Pull on the energy business. 

According to the company’s latest developments, Tesla is looking for “business and residential user-side” business development managers, project development engineering managers and other related talents. The monthly salary for the position of business development manager is 30,000 to 40,000 yuan, that is, the highest annual salary can be Up to 480,000 yuan. It is enough to see Tesla’s determination to revive the solar roof photovoltaic business. 

In fact, Tesla’s development of photovoltaics in China is inseparable from Chinese products and technologies. In the final analysis, Tesla’s main profit model is to improve Tesla’s new energy electric vehicle charging needs, and use solar photovoltaic power generation as a new investment profit growth point. 

The industry’s analysis of Tesla’s business model found that the company made profits through investment in photovoltaic power plants, so Tesla’s benchmarking company was photovoltaic power plant development investment and operating companies. 

It is unclear whether Tesla’s BIPV business in China will replicate the US model. 

Back in the domestic market, companies’ investment in rooftop photovoltaics is also in full swing. 

Since the fourth quarter of 2019, Jinko has launched its N-type all-black module, which is specifically targeted at the residential roofing market. It has a 405-watt residential version with an efficiency of 21.22%. The launch of this product means that The company will vigorously expand its photovoltaic home roof business in 2020 in Europe, Japan, Australia, Southeast Asia and China. 

On January 4, 2020, Ganneng announced that Jiangxi Yuchen Smart Energy Co., Ltd., a subsidiary of the company, plans to build a 16MWp rooftop photovoltaic power generation project in the Oufei Light Park in the high-tech zone of Nanchang, Jiangxi Province. The total planned investment of the project is about 5,400. It is planned to be connected to the grid for power generation in the first half of 2020. 

On March 4, 2020, Jinlang Technology and Wal-Mart jointly created an urban green photovoltaic roof, aiming to achieve the 2025 emission reduction target and promote the harmonious symbiosis of industry development and the natural environment. 

In fact, from 2013 to 2020, just 7 years after the Chinese household photovoltaic market was subsidized by the government, the Chinese household photovoltaic market set off an ups and downs for the whole nation. 

Since the “531 Policy”, whether for active or passive reasons, in order to promote the further reduction of photovoltaic power generation costs, Chinese photovoltaic companies are getting rid of the risk of a single market and actively deploying the rooftop photovoltaic market. 

According to the industry, the early pain points of rooftop photovoltaic include sub charging, high power with low power, exaggerated publicity, and making quick money in the business process. There is no shortage of short-term speculation in the industry, no long-term planning, and even zero investment in maintenance after installation. What’s more, some brand advertisements promise a 20-year guarantee, but in fact they haven’t done operation and maintenance work and can’t guarantee quality at all. 

As photovoltaic power generation enters millions of households, the competition on rooftop photovoltaics will shift from simply competing for rooftop resources to a high-quality, high-security, high-tech competition model with efficient technology as its core competence. 

In the future, rooftop photovoltaics will enter the era of efficient technology and personalized customization. 

In terms of system design, Chinese companies are also exploring and innovating. They have conducted in-depth research in the areas of rapid assembly, saving materials, and reducing assembly labor costs in order to have multiple advantages. 

In the future, the focus of photovoltaic research and development will also focus on photovoltaic materials to high-efficiency cells, high-efficiency components, and customized system integration design. Think about how to integrate excellent technology and equipment to share the huge “cake” of the rooftop photovoltaic market. “. 

Editor: Carrie Wong / WSL Solar 

WSL Solar has been a quality and professional manufacturer of custom solar panel and solar solution provider in China since 2006.