Both Revenue and Shipment Growth Are Not as Good as Longi, JinkoSolar Intends to Split Back to A

A few days ago, JinkoSolar announced its fourth quarter and full-year financial report for 2020.

According to the financial report, JinkoSolar’s module shipments in 2020 were 18.771GW, a year-on-year increase of 31.4%; total revenue reached 5.38 billion U.S. dollars (about 35.27 billion yuan), a year-on-year increase of 18.1%. Achieved both solar modules and revenue growth, with outstanding results.

As a leading photovoltaic company, JinkoSolar has profound knowledge in solar monocrystalline silicon wafers, high-efficiency solar cells and solar modules, and has strong vertical integration capabilities. In 2010, JinkoSolar was listed on the U.S. stock market. After obtaining capital, it entered a rapid development path, and its production capacity and sales continued to increase.

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In 2016, JinkoSolar reached the top module shipment champion for the first time, and it continued into 2019, until it was overtaken by Longi in 2020. In this regard, OFweek Solar Photovoltaic Network believes that JinkoSolar is mainly missing the Chinese market where new installed capacity will increase by 60% year-on-year in 2020.

JinkoSolar also announced in 2020 that the board of directors has approved its subsidiary Jiangxi Jinko’s strategic plan to enter the Chinese capital market. This move will provide a strong impetus for JinkoSolar’s business development. According to industry insiders, as photovoltaics enter the era of parity, my country’s newly installed photovoltaic capacity will remain at 50-70GW during the “14th Five-Year Plan” period, making greater contributions to achieving the goal of carbon neutrality.

If JinkoSolar can obtain higher revenue in the Chinese market, it will definitely help the company’s performance. However, compared to LONGi, which is “downstream” from the leader in silicon wafers, JinkoSolar has achieved double growth in solar modules and revenue, but according to its production capacity plan, the production capacity of solar modules is higher than that of silicon wafers and solar cells. Production capacity, so it may be necessary to purchase silicon wafers and solar cells in the future, which will affect its gross profit margin.

In terms of profit, JinkoSolar’s 2020 gross profit was USD 945.8 million (approximately RMB 6.2 billion), a year-on-year increase of 13.6%. The performance forecast released by Longi shows that the company’s net profit for 2020 is 8.2 billion to 8.6 billion yuan, an increase of 55.30% to 62.88% year-on-year, which is significantly higher than that of JinkoSolar.

Therefore, although JinkoSolar has achieved good results in 2020 and has performed very well in other major photovoltaic markets around the world, its current profits and solar module shipments are not as good as LONGi’s. It wants to rely on the Chinese market to achieve overtake. It is necessary to actively extend the upstream and downstream industrial chain to increase revenue and reduce costs, and achieve profit growth.

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.

https://www.wsl-solar.com

Source from: https://www.wsl-solar.com/Industry_News/2021/0414/JinkoSolar-2021.html

"Thirteenth Five-Year" Photovoltaic Development Report Card: Leading the Development of Global Industry

In 2020, the end of the year, the voice from the 2021 National Energy Work Conference is inspiring: the main goals and tasks of the “13th Five-Year Plan” have been successfully completed, and the construction of a clean, low-carbon, safe and efficient energy system has been accelerated. “Four revolutions, one cooperation” the new energy security strategy presents a new situation with deep roots and vitality.

Looking back at the past five years, the progress of China’s energy industry has been amazing: its independent guarantee capacity has always been maintained at more than 80%, and the relationship between supply and demand has continued to improve; the total energy consumption is controlled within 5 billion tons of standard coal, and the average annual growth rate is controlled at 3 % Or less, the economic and social development and the improvement of people’s livelihood and well-being are guaranteed at a relatively low growth rate… The photovoltaic industry has also delivered a brilliant report card.

At the beginning of the “13th Five-Year Plan”, according to the scale development indicators provided by the National Energy Administration, by the end of 2020, the installed capacity of solar power is expected to reach 160 million kilowatts, and the annual power generation will reach 170 billion kWh; The proportion in the structure is about 7%, the proportion in the newly-added power installation structure is about 15%, and the proportion in the national total power generation structure is about 2.5%.

It is worth noting that the country has also put forward clear indicators for solar power technology innovation. For example, the industrial conversion efficiency of monocrystalline silicon cells, polycrystalline silicon cells, and new thin-film solar cells reach 23%, 20%, and 20% respectively.

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During the 13th Five-Year Plan, China will deploy the solar power generation industry from four aspects:

1. Fully promote distributed photovoltaic power generation. Promote the comprehensive development and construction of distributed photovoltaic power generation systems in areas with construction conditions such as site, resources, nearby access, and local consumption.

2. Carry out the construction of photovoltaic power stations in an orderly manner. Focus on the western regions with good resource conditions, areas with large-scale access and local consumption capacity, combined with the planning of external transmission channels, orderly construct photovoltaic power station bases to ensure photovoltaic power consumption.

3. Actively promote the construction of solar thermal power stations. Focus on Qinghai, Gansu, Inner Mongolia and other western regions with good solar energy resources and relatively abundant unused land resources and water resources. Actively promote a number of solar thermal power station demonstration projects and build several million kilowatt-level solar thermal power generation demonstration bases.

4. Promote the utilization of solar heat. In 2020, the solar thermal utilization industry will form an industrial pattern of balanced development of manufacturing, system integration, and operation services, and a market layout dominated by civil hot water, heating and cooling, large-scale district heating, industrial and agricultural heating, etc.

During the “Thirteenth Five-Year Plan” period, China’s solar energy industry continued to make breakthroughs, intensively cultivated and innovated, and improved day by day, writing a colorful development picture:

Complete the installation target two years ahead of schedule

During the “Thirteenth Five-Year Plan” period, thanks to the continuous rapid growth of electricity load, the continuous optimization of the construction layout of renewable energy projects, and the continuous strengthening of the assessment of power grid dispatching operation, the installed scale of photovoltaic power generation has been growing rapidly, which has troubled the industry for a long time. The consumption problem of development is gradually alleviating.

According to statistics from the National Energy Administration, by the end of 2017, China’s cumulative installed capacity of photovoltaic power generation was 130 million kilowatts, achieving the “13th Five-Year Plan” guiding target for photovoltaic installation ahead of schedule. As of the end of October 2020, China’s installed photovoltaic power generation capacity has reached 228 million kilowatts, which has more than doubled the goal of the 13th Five-Year Plan. Its newly installed capacity has remained the world’s largest for eight consecutive years, significantly exceeding the industry’s expected.

At the same time, the utilization rate of photovoltaic power generation in China reached 98.3%, a year-on-year increase of 0.2%, an increase of 9% from the end of the “12th Five-Year Plan” period. The consumption situation continued to improve, providing strong support for the promotion of high-quality energy development.

From “two ends outside” to a global leader

According to industry statistics, in 2020, China’s global production capacity for polysilicon, silicon wafers, solar cells and modules will account for 69.0%, 93.7%, 77.7% and 69.2% of the global production capacity, an increase of 7.2% respectively. 4. 2.9, 4.0 and 0.9 percentage points, product production capacity and output ranked first in the world, has become one of the main driving forces for the development of the global photovoltaic industry.

With the rapid growth of installed capacity, the conversion efficiency of solar cells and modules in China’s photovoltaic industry is also constantly updating records. As of the end of 2019, the average conversion efficiency of large-scale mono-polycrystalline cells has increased by about 4 and 3 percentage points respectively compared with 2015. The average conversion efficiency of advanced cells such as heterojunction has reached 23.0%, and a number of technological innovations lead the world Industrial Development. China’s photovoltaic industry has gradually transformed from a world processing base with “two ends outside” to a global photovoltaic development and innovative manufacturing base for the entire industry chain.

In addition, during the “13th Five-Year Plan” period, China’s solar thermal power generation industry has also achieved great development. Since the National Energy Administration announced the first batch of solar thermal power generation demonstration projects in 2016, the development of China’s solar thermal power generation industry has been accelerating. As of the end of 2019, the cumulative installed capacity of 420,000 kilowatts, accounting for 6% of the world, and nearly 300 related enterprises in the industry chain. At the same time, the Delingha 50MW CSP station, one of the first demonstration projects, achieved full-load operation, and its peak shaving depth and speed were significantly better than conventional thermal power plants.

Remarkable results in helping to fight poverty

Since the implementation of photovoltaic poverty alleviation in 2015, the national level has issued five batches of special construction scales or plans for photovoltaic poverty alleviation, and has given special support to photovoltaic poverty alleviation in the management of photovoltaic power generation scale, encouraging local areas to use commercial photovoltaic indicators to build photovoltaic poverty alleviation projects for photovoltaic poverty alleviation Make full preparations for the development planning path of the project.

With the joint efforts of all regions and departments, during the “13th Five-Year Plan” period, photovoltaic poverty alleviation has achieved remarkable results. Up to now, the construction tasks of photovoltaic poverty alleviation projects have been fully completed. A total of 26.36 million kilowatts of photovoltaic poverty alleviation power stations have been built, benefiting 60,000 poor villages and 4.15 million poor households. The annual electricity fee and subsidy income can be about 18 billion yuan. Photovoltaic poverty alleviation has become a new format for poverty-stricken counties to promote industrial poverty alleviation. The important industrial support for the collective economy of poor villages to “break zero” has made important contributions to China’s advancement of the 2020 goal of comprehensive poverty alleviation.

The “14th Five-Year Plan” is approaching, and under the guidance of the “30·60” carbon development goal, the new energy industry represented by the photovoltaic industry will occupy a more important position in China’s energy structure, and provide strong support for accelerating China’s “14th Five-Year Plan” and even longer-term high-quality energy development.

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.

https://www.wsl-solar.com

Original source from https://www.wsl-solar.com/Industry_News/2021/0114/China-Photovoltaic-Development-Report.html

The Photovoltaic Industry in 2020 – the Stock Price Skyrocketed, and the Price of Photovoltaic Glass Risen

2020 is the final year of the 13th Five-Year Plan, and it is also a very tortuous year. At the beginning of the year, under the influence of the COVID-19 epidemic, many industries have stalled. With the concerted efforts of the people across the country, the economy has begun to recover, and future-oriented renewable energy has also returned to the fast lane of rapid development.

As of the end of October 2020, China’s cumulative installed capacity of photovoltaics has exceeded 230GW, and it is expected that this year’s new installed capacity will be 35GW, an increase of approximately 14% compared to 30.1GW in 2019. Behind the contrarian growth, China’s photovoltaic industry is also quietly ushering in changes.

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New installed capacity grows against the trend

Since the peak of 53.06GW in 2017, China’s newly installed photovoltaic capacity has been declining in the past two years. Especially from 2018 to 2019, the decline has exceeded 30%, making companies and investors more inclined to the development of photovoltaic industry Yu conservative.

However, in 2020, when photovoltaics are not optimistic, the estimated new installed capacity will increase by about 5GW compared to 2019, which exceeds market expectations and paves the way for the re-emergence of the photovoltaic industry. With the continuous decline of module prices, photovoltaics have also entered the protagonist stage with independent vitality from the stage of subsidy profitability.

Specifically, in 2020, distributed photovoltaics will usher in an outbreak. According to data released by the National Energy Administration, China’s newly installed distributed photovoltaic installations in the first November of this year have exceeded 10GW. In addition to the December installation data, it is expected to be 12GW. About one-third of the annual new installed capacity.

Recently, many cities in China have issued subsidy policies for household photovoltaics for up to 5 years. This move will stimulate further growth in the installed capacity of distributed photovoltaics, allowing photovoltaics to truly enter thousands of households and accelerate
photovoltaics to become the ultimate goal of conventional energy.

The market value of photovoltaic companies has skyrocketed

In November 2020, the share prices of Chinese new energy car companies rose sharply, BYD’s market value surpassed Volkswagen, and Weilai Automobile’s market value surpassed BMW. In fact, photovoltaic companies that have received less attention from the outside world have performed equally well.
On July 24, the market value of Longji, a leading photovoltaic company in China, exceeded 200 billion, on October 9 it exceeded 300 billion, and on December 23 it exceeded 350 billion, making it the highest photovoltaic company ever. The stock price also rose from 24 yuan at the beginning of the year to around 93 yuan. The market value of Tongwei shares in second place also officially exceeded 100 billion on July 21.

In addition to component companies, the market value of the supporting supplier Sungrow exceeded 100 billion on December 23, becoming the first inverter company with a market value of over 100 billion.

This situation may make the outside world puzzled, but the internal logic is also very simple, that is, revenue has risen sharply. In addition to the three companies mentioned above, the revenue of most photovoltaic companies in the first three quarters of this year has approached or even exceeded the revenue of the entire year of 2019. The performance is very eye-catching. It is not surprising that the stock price and market value have soared.

The battle for leading companies

In the past ten years, the technical routes taken by Chinese photovoltaic companies have not been consistent, and the differences in market layout have made it difficult for them to form an absolute advantage, and the module shipment champion has changed several times.

In 2011, China’s photovoltaic enterprise module shipment champion was Wuxi Suntech, 2012-2013 Yingli Group, 2014-2015 Trina Solar, 2016-2019 JinkoSolar won the module shipment champion for four consecutive years , Its position is not stable.

By 2020, according to JinkoSolar’s ​​CEO, Mr. Kangping Chen, when he released the third quarter financial report, JinkoSolar’s ​​total solar module shipments in 2020 will be in the range of 18.5GW to 19GW. Although there is more than 30% improvement compared to 2019, it is very likely to give up the championship position this year.

Longi announced in early December that this year’s module shipments have exceeded 20GW, exceeding JinkoSolar’s estimated total shipments, and annual shipments will be higher than 20GW. It is worth mentioning that LONGi’s module shipments in 2019 were only 9.0GW, and shipments in 2020 will increase by at least 120%.

This is inseparable from the high emphasis on technology. A few years ago, LONGi was positioned to develop monocrystalline cells. In 2017, its monocrystalline PERC cell conversion efficiency reached 23.26%, which was the industry’s leading level at that time. Since then, LONGi has made persistent efforts to increase the front conversion efficiency of single crystal double-sided PERC cells to 24.06% in early 2019, setting a world record.

This makes LONGi modules so popular in the market that they have achieved the surge in module shipments today. According to the calculation of the production capacity currently under construction and planning of LONGi, LONGi’s module shipment volume is expected to exceed 30GW in 2021 and continue to maintain rapid growth.

The price of photovoltaic glass unexpectedly soared

With the efforts of photovoltaic companies, the price of photovoltaic modules has shown a downward trend year by year. However, this year due to the epidemic caused some factories to stop production, and the hidden danger of insufficient photovoltaic glass production capacity already exists. The high demand in the second half of the year, coupled with capacity restrictions, further aggravated the shortage of photovoltaic glass.

According to statistics, the average price of mainstream coated 3.2mm photovoltaic glass has risen from 26 yuan/m2 at the end of July to the current 43 yuan/m2, a full increase of 65%, which has caused serious damage to the photovoltaic industry. However, there is also another scene, that is, many companies announced their entry into photovoltaic glass, including Kibing Group, CLP Rainbow and other glass giants.

Based on the 18-month investment and construction cycle of photovoltaic glass, it is necessary to wait at least until the end of 2021 to solve the shortage of photovoltaic glass in China. At that time, the pattern of existing photovoltaic glass companies will also have an impact. Whether existing giants use scale production to maintain their advantages or reshuffle between giants is a major highlight of the photovoltaic glass industry in 2021.

Frequent huge long-term contracts

Troubled by the shortage of photovoltaic glass, major module companies are paying more and more attention to the supply of raw materials, and huge long-term contracts are frequently issued at the end of the year.

In August, Longi signed a polysilicon procurement contract with Asia Silicon Industry for an estimated amount of about 9.498 billion yuan. In December, its seven subsidiaries signed a contract with Xinte Energy for 5 years, and there was a lot of cooperation. In the 270,000 tons of polysilicon material contract, more than 20 billion will be spent in half a year.

In November, Trina Solar signed long-term contracts with Hongyuan New Materials, Changzhou Almaden and other companies with an estimated amount of over 24 billion yuan, covering monocrystalline silicon wafers, photovoltaic glass and polycrystalline silicon materials. Raw materials, silicon rods and slicing projects are also involved.

This move has benefited a lot from Asian Silicon Industry, Tongwei and other raw material companies. It has also stepped out of a dark horse, that is, CNC. This advanced machinery manufacturing and information technology company with a revenue of less than 1 billion for many years Hongyuan New Materials, a subsidiary of the company, signed a huge contract with a leading photovoltaic company, and its share price has risen six times in the past year. This situation has also attracted a large number of companies to set up subsidiaries to enter the photovoltaic industry, but I don’t know if they can replicate the success of CNC.

Write at the end

2020 will be full of challenges for the global economy and major industries, and the photovoltaic industry is not immune. Fortunately, the photovoltaic industry has withstood the test. Not only has China’s new photovoltaic installations resumed positive growth, but many other countries and regions have also returned to the right track in the second half of the year. With the global emphasis on renewable energy and the efforts of photovoltaic people, photovoltaics are bound to usher in greater development in the future and at the same time make greater contributions to the realization of global carbon neutrality.


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.

https://www.wsl-solar.com

Original news from https://www.wsl-solar.com/Industry_News/2021/0107/The-Photovoltaic-Industry-in-2020.html

SPIC’s 100 Billion Clean Energy Investment Plan is Successively Implemented, and the Scale of Photovoltaic Reserves Surges 6.8GW+

Since the beginning of 2020, state-owned enterprises have accelerated their deployment of new energy projects such as wind power and solar photovoltaic. Among them, the State Power Investment Corporation is the most obvious. According to the State Power Investment Corporation’s 2020 development plan, this year plans to increase the proportion of clean energy to more than 54%. To achieve this goal, SPIC plans to invest in about 300 new projects in 2020, with a total investment of over 100 billion yuan.

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According to incomplete statistics, as of October 29, SPIC and its subsidiaries have successively signed 15 solar photovoltaic power generation projects. The total scale of solar photovoltaic projects exceeds 6.85GW, located in Henan, Shandong, Shanxi, Guangxi, Shaanxi, Guizhou, Yunnan, Hunan, Hubei, Jiangxi and Hebei 11 provinces.

As of the end of 2019, the total scale of photovoltaic power plants held by State Power Investment Corporation reached 19.3GW. In 2020, SPIC will continue to refresh this figure.

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. 

https://www.wsl-solar.com

Original from https://www.wsl-solar.com/Industry_News/2020/1102/SPIC-100-Billion-Clean-Energy-Investment.html

WSL Solar – Quality and Professional Manufacturer of Custom Solar Panels

WSL Solar has been a quality and professional manufacturer of custom solar panels and solar solution provider in China since 2006. With our in-house R&D team and management team for over 10 years’ experience in solar industry, we are able to design and develop a tailor-made solar panel in a variaty of size, shapes and outputs to meet our client’s specific requirement, and provide solution support start from initial product development stage.

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Quality Customized Solar Panel with High Efficiency Back Contact Solar Cell (>21% Efficiency) – WSL Solar.

As a custom solar panel manufacturer, we always keep us updated on the latest solar cell technology, aim to work out the optimized solar panel design and find the right solution to support our customer during their initial product development stage.

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Good business relationship based on sincere cooperation and mutual benefits.

Thanks to all our customers for their great support. We will continue to control the quality and provide high efficient and quality custom solar panels, which is the best way for us to give back to customers.

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Quality is always the first thing for us. We stick to strict quality control, from raw material sourcing, manufacturing process to finished product testing, we pay attention to details in each step, to deliver our clients the right solar panel for their solar application.

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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.

https://www.wsl-solar.com

Poland’s Solar Photovoltaic Market Explodes, and Traditional Coal Industry is Under Threat

Recently, the unions of PGG, Poland ’s largest coal group, warned that if the government does not provide help, the coal industry will collapse due to falling demand. Poland relies heavily on coal-fired power generation and is the only EU member state that has not committed to zero carbon emissions by 2050. But in the face of increasing pressure from the EU to reduce emissions, Poland began to encourage investment in solar and offshore wind farms. The increase in the share of clean energy in power generation, the decline in power demand after the epidemic is closed to the city, and coal imports have exacerbated problems in the coal industry.

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The Polish government previously stated that the installed capacity of solar photovoltaics will reach 10.2GW in 2030 and 20.2GW in 2040. The Polish government also supports industrial and commercial and large-scale power plant projects through the renewable energy auction system. The new government regulations allow owners of solar photovoltaic systems of more than 50 kW to sell excess power. Growth in the industrial and commercial field will be particularly strong. At the same time, the promotion of rooftop solar photovoltaic incentives and corporate net measurement policies has stimulated the potential of the solar photovoltaic market. In 2019, solar power generation in Poland has risen sharply.

On the other hand, due to the increase in the price of carbon dioxide certificates, the impact of the increase in the price of European carbon dioxide emission quotas will seriously affect Poland ’s electricity prices, and coal is the most intensive energy source for carbon dioxide. Great power to promote the development of clean energy in Poland.

According to SolarPower Europe data, in 2019 Poland ranked fifth in the number of new photovoltaic installations among European countries, and it is only 300MW less than the fourth place in France. It is also unknown that it exceeds France. In early 2020, Bloomberg predicted that Poland will be one of the top ten global solar photovoltaic markets this year.

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.

https://www.wsl-solar.com