Monday, December 17, 2012

2012 Global Solar PV Market

Oversupply of Solar Products Market

After years of hustle and exaggerated and in the first half of 2012, global PV industry is still suffering from oversupply and potential predicament. In fact, according to the latest report released by market research firm of GTM Research Global that PV module production capacity will reach 59GW, while there is only 30GW market demand. GTM pointed out, the oversupply has made this industry loss, resulting in a number of European and American solar companies go bankrupt and did not catch up with the price of solar panels to a 50% rate of decline. Currently, the price of PV modules maintained at 0.70-0.85 dollars / watt, wholesale solar panel prices decline will continue, and it is expected in 2015 to fall to $ 0.45 / W.

solar panel

Each Country Try to Develop Solar Energy Industry

Australia carbon tax came into effect on July 1, this will greatly promote the use of renewable energy; regions, states, transnational field of large-scale capital injections. In addition, some developed countries also welcomed the development of solar energy. For example, Japan's new feed-in tariff mechanism implemented on July 1, to provide a subsidy of 42 yen per kilowatt-hour for solar energy, for a period of 20 years. In addition, Saudi Arabia has the money and ambition to develop solar. The first half of 2012, due to profit came to an unprecedented low level, intense projects compete for and funding increasingly difficult to obtain, many regions of the world set up protectionist barriers. In the past few years, at least four countries (China, France, India and Italy) take more or less of the local content requirements for renewable energy. In May, two U.S. senators announced they plan to require the introduction of local content requirements to prevent solar module manufacturer in China to take advantage of the 30% tax relief policy.

Solar Raw Material Technology

This year, the crystalline silicon is still the most powerful technology. High-end single-crystal products have the highest conversion efficiency that reached 22%, but the production costs are too expensive, compared with polysilicon, profitability is difficult, and the latter has been dominated by a higher market share. Some suppliers have filed for bankruptcy. Overall, compared with the crystalline silicon, the thin-film battery has a lower efficiency, and the production cost is relatively low. The technology is a rising star in the solar industry, but never emerged from this year. Traditional PV module prices plummeted, the film company found itself facing increasing pressure to have to improve conversion efficiency, reduce manufacturing costs to remain competitive. In Chile, over the next 18 months will be "at least" to build 150MW PV power plant projects.

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