Jifan Gao, CEO Trina Solar Energy
Ray Sun, MD Applied Materials
Ma Xuelu, MD of China Renewable Energy Society
Li Junfeng, Deputy Director of Energy Research Institute
Zhang Boxun, CFO Suntech
Ray Sun
several issues in energy
- costs are on the increase
- emission issues
We have to find opportunity for energy
solar market is growing at 42% CAGR
- N/American 61% CAGR
- German 28%
- Japan 13%
Application:
- traditional application has been on roof
- applications in industrial growth is rising
big problem is that solar cannot be put back on the grid.
- 95% of panels made i nChina re exported
solar grade PV: 20 companies
ingots and wafers: 80
solar cells: 60
solar modules: 150
distribution and system integration 30
NRDC targets
1)rural electrification program
2) public facility solar proejcts – 1000 rooftop by 2010/ 20,000 by 2020
3)Large scale PV & solar – 2010 total capacity of 20MW PV/ 2020 200 MW
4. PV in communications, weather, Long distance pipelines, rail, and highways.
4 pillars of cost effective solar policy
1) Utility rates & revenue policies
2) Net Metering
3) Interconnection
4) Government Incentives
Accelerating solar in China
- has world leading supply in domestic manufacturing, but end use is minimal
-costs of solar energy is perceived to be too high vs. coal
Jifan Gao
Myths related to rate of solar usage:
1) solar is too expensive – need to remember that PV Silicon was controlled by western firms, and that over next few years will see significant cost reductions. possible to have 1RMB/ KwH.
Changzhou will soon see parity
Can first start with high end real estate so that the rich bear the responsibility
Ma Xue Lu
- Mankind has failed to respect the natural limits of energy.
- eating through resources has created supply problem (oil), and it has impacted physical economy
- government must act to end the cycle. Must promote and focus on renewables
- promote green consumption (have 10 million cars.. but no scrap yards)
Li Junfeng
Chinese government is attempting to promote PV startup
1) NDRC pricing formally approved 2 projects (inner mongoloia/ Chongqming island @ 4RMB/ KwH)
2) NDRC issued circular concerning creating 5MW power station. Still working out how to conduct bidding and awards
Problem is not the land… it is the tariffs
technical problem – how to manage the grid
pricing – what should be the pricing (inner mongolia wants 7/ chongming wants 10)
Thank you for posting your notes, very helpful indeed.
I’m curious if any of the speakers mentioned the potential benefits/downsides of the stimulus packaging on their businesses or the solar industry in general.
Forbes is criticizing that the package is more for show than for substance. But given that the package has a focus on infrastructure and environmental projects, I wonder if any of these folks have already figured out a way to profit from it.
Thank you,
Duncan
Comment by Duncan Cheung — November 10, 2008 @ 2:24 pm
hi Duncan.
Won’t say much on Forbes except to say I think there is a need for healthy debate about all the announcements, but if you are referring the the recent macro stimulus, there is a hope that the investment in the “green” economy will garner more funds as part of the infrastructure spending that in past.
No one (to now) has mentioned any downside from a renewable perspective except to say that China is very focused on overcoming the legacy hurdles and getting solutions scaled out.. that is seen as the task at hand now.
R
R
Comment by Rich — November 10, 2008 @ 9:36 pm