Photo Voltaic Industry: An Opportunity for Economy of China: Ken Research

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Photo Voltaic Industry An Opportunity for
Economy of China Ken Research
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Ken Research announced its latest publication on,
Research Report on Photovoltaic Industry in
China, 2016-2020 which provides detailed
information on the current market trends in the
Photovoltaic Industry in China. In addition, the
publication also includes the information
regarding current scenario and challenges faced
by the industry. It also provides Insights
regarding Government policies and the suitable
measures to enable the industry to grow and
develop. Chinese Government is launching a
series of national policies and regulations to
actively promote solar photovoltaic (PV) industry
RD, production and application. Stimulated by
the domestic policies and the international
market, Chinas solar Photo Voltaic industry
developed rapidly and has made a significant
impact on the worlds renewable energy
development and solar PV industrial sector. China
became the world's largest producer of
photovoltaic products in 2007 with the export
value of USD 2,838 million. In 2014, the total
import and export value of Chinese solar
photovoltaic products was USD 18.28 billion,
increasing by 15.09 YOY. Among that, the export
value was USD 14.41 billion, increasing by 17.27
YOY the import value was USD 3.87 billion, up by
7.62 YOY.
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• Chinas solar PV industry has developed rapidly
  over the past ten years, turning Yingli Solar,
  Changzhou Trina Solar and others into PV
  industrial giants. Among the worlds top 15 PV
  cell industries in 2006, there were four Chinese
  Mainland enterprises while, by 2012, six Chinese
  enterprises were listed among the worlds top 10
  enterprises. In 2012, the capacity of Chinese PV
  cell packs was about 23 GW, occupying 58 of
  total global capacity. Some of the top company
  contributing to the industry growth is as
  follows
• TOP COMPANIES IN SOLAR
  PV INDUSTRY IN CHINA

COMPANY PRODUCTION
SunTech Power 50MW
Yingli Solar 600MW
Yunan Semi-conductor Power Plant 2MW
Goufej Green Energy Source 1MW
Shaghai Poly Vision Energy Science Technology 5MW

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• However, the development of Chinas solar PV
  industry still faces several challenges, related
  to its surplus capacity and the deteriorating
  international trade environment, an under
  developed domestic market and problems such as,
  the vicious competition between enterprises,
  ?nancial issues such as loan withdrawing and
  stint loans by banks, and business triangle
  debts. In addition, lack of uni?ed coordination
  and planning regarding PV power generation and
  power grid construction, and scarcity of urban
  land for PV installation in areas where cities
  and population are expanding.
• Another issue is that, though PV development
  seems a huge success in China, all of the players
  involved are only investing in solar cell
  production and solar modules assembling.
  Actually, PV cell and PV module are only two
  segments of the whole PV industrial chain. A
  complete PV industrial supply chain is shown
• PV INDUSTRY SUPPLY CHAIN

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Government subsidy to PV electricity generation
in Europe stimulated the fast growing of the
whole industry. As other segments, step 5 and
step 6 in the supply chain used to be profitable.
However, as more and more manufacturers got
involved, majorly from China, competition became
so intense that margin kept shrinking. Despite of
this, China manufacturers kept expanding
capacity. Thus leading to unbalance in PV
development in China at the beginning of the
chain, China barely has capacity to produce
enough crystalline silicon to meet the demand
from its solar cell fabrication at the end of
the chain, China still do not have a grown-up
market that can consume that many solar cells
produced.  As the whole supply chain consists of
upstream (silicon mineral, poly-silicon),
midstream (wafers), and downstream (solar cell,
modules and installation) business. Since the
downstream is so congested with Chinese
manufacturers, it is thus advisable to seek
opportunity in other area in the whole supply
chain and pay more emphasis on R D and explore
those areas with higher technology requirement
and thus receive higher profit.
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• However, according to the International Energy
  Agency, policies for the development of the PV
  industry include Feed-In Tariff (FIT), tax
  credits, investment funds, capital subsidies, the
  Green Electricity Scheme, the Renewable Portfolio
  Standard (RPS) and many more, providing important
  motivation for development of Chinas solar PV
  Industry. In addition to government support and
  policies.
• Thus, it is advisable to introduce long-acting,
  feasible distributed PV power feed in tariff
  policies to partition the grid, aiming to create
  large grid-access PV power stations and
  distributed PV power generation, Further, in
  order to expand the international market they
  must grasp opportunities by taking advantage of
  the foreign economic assistance, technological
  assistance and other opportunities to put PV
  products on the foreign assistance list .And an
  efficient management of land, thus enabling
  prioritized development so that PV projects can
  enjoy preferential land supply and PV companies
  can make structural upgrades to their production
  capacity and should aim at being cost efficient.
  In addition, establish a market access mechanism
  and an integrated, innovative financial system.

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gy/photovoltaic-industry-china/8500-103.html Rela
ted Reports https//www.kenresearch.com/energy-a
nd-utilities/clean-technology/solar-pv-balance-sys
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Communications query_at_kenresearch.com 91-124-42302
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