With the cost of project finance in some emerging economies proving prohibitive, Holger Janke of solar manufacturer Soitec explains how project bonds could help fill the gap open up new markets.
Benchmarking companies in the solar PV industry used to be straightforward. Some companies made key materials (polysilicon, wafers, cells, modules or thin-film panels); others bought and sold these locally or through the value chain. Then project developers and installers added inverters and mounting and built the PV systems. Customers typically released cash up-front, owned the systems outright and could then sit back and enjoy a revenue stream linked to a government incentive.
The UK has more than 4GW of PV projects in the pipeline but the majority is at the mercy of local planning authorities.
Discussions of high average selling price (ASP) regions (such as Japan) and declining regional end-market pull (Europe) are currently in evidence during the round of Q3 reporting calls from public-listed module suppliers. The market size in Europe now and the pricing levels have become key issues, for Chinese and non-Chinese suppliers alike.
Last week, Hanergy Solar Group Limited (Hanergy) provided the first glimpse of its strategy for its recent investments in thin-film CIGS production, having completed the acquisitions of previous CIGS hopefuls, Solibro, Miasolé and Global Solar.
Global PV demand during 2014 is set to represent a new phase of growth for the solar PV industry. Not just because end-market demand is now forecast by NPD Solarbuzz to grow significantly to reach 45-55GW, but because the fundamental issues driving end-market demand appear to be shifting away from legacy demand constraints.
As SPI in Chicago drew to a close yesterday, it was the increasingly contentious topic of net energy metering that dominated the debate. Felicity Carus reports on an issue that just won’t go away and looks set to become even more divisive in 2014.
Solar PV demand from the UK declined significantly during the third quarter of 2013 (Q3 2013), as the full impact of the Europe-China trade case impacted on module availability. Finlay Colville looks ahead to what 2014 what 2014 holds in store.
The news of the conjoining of Applied Materials and Tokyo Electron raises questions about the fates of solar PV production equipment units.
Earlier today – 30 August 2013 – the world’s largest global solar PV module supplier, Yingli Green Energy, reported its second quarter earnings results and guided on expectations for the 2H’13 and 2014.