Solar Photovoltaic Market in China 2011

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Solar Photovoltaic Market - China
March 2011
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Executive Summary
China is the largest PV cell manufacturing
country in the world accounting for a share of
x of the global
Market
production capacity in 20--
It also has the largest production base for
modules with a share of y in 20--
Drivers Economic growth and demand for energy,
Geographical advantages and vast solar resources,
Hugeexport market, Solar subsidies, Strong
investment potential and Low carbon footprint
Drivers Challenges
Challenges Shortage of silicon supply and
recycling limitations, High costs of electricity
generation andTechnological challenges
Renewable Energy LawFeed-in-Tariff
Government Initiatives
MOHURD Subsidy (Solar Roofs Program)The Golden
Sun Program
Government Support PoliciesRural Electrification
Programme
Adaptation of new thin film technologiesNew
applications of solar PV technologyInternational
participation
Trends
Market comprises of a large number of domestic
players and constantly increasing participation
from foreignplayers
Competition
Domestic Players Foreign Players
Player 1 Player 2 Player 3 Player 4 Player
5 Player6
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SOLAR PHOTOVOLTAIC MARKET IN CHINA 2011.PPT
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Introduction
Market Overview
Drivers Challenges
Government Initiatives
Trends
Competition
Key Developments
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SOLAR PHOTOVOLTAIC MARKET IN CHINA 2011.PPT
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China is gradually shifting focus towards its
renewable
energy (RE) resources
China Renewable Energy (RE) Market
Average Annual Growth of RE Capacity
Principal renewable sources of energy
are Wind Energy
200200-200- only
HydropowerBiomass
Solar Energy
China spent USD x bn on renewable energy in
200- and the government plans to invest USD y bn
on it
0
Solar PV Solar PV Solar Wind Power Bio-diesel
over the next five years
(Grid-tied) (Utility scale) Thermal Production
Power
In 200-, it added n GW of renewable power
capacity , accounting for about m of the
country s final
Chinas Renewable Energy Capacity Targets
energy consumption
Solar PV Wind Power
GW Biomass Hydropower
China aims for a of final energy consumption
from renewables by 20-- targeting about b GW of
hydro, c
GW of wind, d GW of biomass, and e GW of solar PV
The solar energy market has been developing
constantly due to strong technological
innovationscoupled with government initiatives
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2005 2010e 2020e
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SOLAR PHOTOVOLTAIC MARKET IN CHINA 2011.PPT
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China has been growing rapidly and is the largest
producer
of PV cells and modules in the world
Capacity and Production of Solar PV Cells
Market Overview
China has become the global hub for
manufacturing of photovoltaic cells
Solar cell capacity
GW Solar cell production
It is the largest PV cell manufacturing country
in the world accounting for a share of x of the
global
Y
production capacity in 20--
It also has the largest production base for
modules with a share of y in 20--
0
2007 2008 2009 2010e 2011e 2012e
Capacity and Production of Solar PV Modules
China has registered a phenomenal CAGR of z
in the production of PV cells between 200- -200-
Solar module capacity
GW Solar module production
Over USD p bn revenue per year is added by
solar PV
market at a CAGR of over q
X
Over 150--- jobs were linked to this sector in
200-
0
2007 2008 2009 2010e 2011e 2012e
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SOLAR PHOTOVOLTAIC MARKET IN CHINA 2011.PPT
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Drivers Challenges - Summary
Drivers
Economic growth and demand for
energy
Challenges
Geographical advantages and vast
Shortage of silicon supply and
solar resources
recycling limitations
Huge export market
High costs of electricity generation
Solar subsidies
Technological challenges
Strong investment potential
Low carbon footprint
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SOLAR PHOTOVOLTAIC MARKET IN CHINA 2011.PPT
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Government Initiatives - Summary
Renewable Energy Law
Feed-in-Tariff
MOHURD Subsidy (Solar Roofs Program)
Key Initiatives
The Golden Sun Program
Government Support Policies
Rural Electrification Programme
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SOLAR PHOTOVOLTAIC MARKET IN CHINA 2011.PPT
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Trends - Summary
Adaptation of new thin film technologies
Key
Trends
New applications of solar PV technology
International participation
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SOLAR PHOTOVOLTAIC MARKET IN CHINA 2011.PPT
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Domestic Players in the Market (11/13)
Company Snapshot Company A
Corporate Information
Financial Performance
RevenueRevenue Profit
Headquarters ----
Profit / Loss USD mn
USD mn
Founded ---
Products
---
Key People
X - Chairman and CEO
0
2006
2007
2008
2009
Business Highlights
Company A has formed strategic partnership with
x to jointly develop the global solar PV market
The cooperation will help G expand its market in
on-grid applications for PV power stations
It completed a X MW on-grid power station
project in South Korea
The company provided technical guidance,
equipment selection, and other services to the
engineering, procurement and constructionfirm
based in South Korea
It also constructed its Y MW manufacturing line
which has commenced commercial production
This brought the companys annual manufacturing
capacity to Z MW
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SOLAR PHOTOVOLTAIC MARKET IN CHINA 2011.PPT
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