market research report : solar photovoltaic market in china 2011
DESCRIPTION
For the complete report, get in touch with us at : [email protected] The Solar Photovoltaic Market in China is growing at a fast pace which has made it the global leader in the manufacturing of solar cells and modules. This has been primarily driven by government policies and subsidies. A strong need to meet the ever increasing energy demand drives the solar PV market. The low cost of labour in China has made it lucrative for firms to venture into the sector. High demand from the export market for solar cells and modules also provides a boost to the market. The report begins with an introduction to the renewable energy market in China with emphasis on its renewable energy capacity targets and the contribution of solar PV. It further delves into an overview of the photovoltaic technology, its major components and its various types. The market overview section gives an insight into the capacity and production levels of solar cells and modules with its production and value chain. An analysis of drivers and challenges explains the factors leading to the growth of the market and include economic growth and demand for energy, geographical advantages and vast solar resources, huge export market, solar subsidies, strong investment potential and low carbon footprint. The key challenges identified are shortage of silicon supply and recycling limitations, high costs of electricity generation and technological issues. The various initiatives take by the Chinese Government have been highlighted and include renewable energy law, feed-in-tariff, MOHURD subsidy (Solar Roofs program), the Golden Sun program, government support policies and rural electrification programme. Key trends in the market have also been analyzed which includes adaptation of new thin film technologies, new applications of solar PV technology and international participation. The competition section provides an overview of the competitive landscape in this industry and includes a detailed profile of the major players in the market along with a snapshot of their business. Key developments in this sector have also been highlighted.TRANSCRIPT
Solar Photovoltaic Market – China
March 2011
2SOLAR PHOTOVOLTAIC MARKET IN CHINA 2011.PPT
SAMPLE
Executive Summary
Market
Drivers &
Challenges
Trends
Competition
� China is the largest PV cell manufacturing country in the world accounting for a share of x% of the global
production capacity in 20--
� It also has the largest production base for modules with a share of y% in 20--
� Market comprises of a large number of domestic players and constantly increasing participation from foreign
players
� Adaptation of new thin film technologies
� New applications of solar PV technology
� International participation
Player 4 Player 5Player 2Player 1 Player6Player 3
Foreign Players Domestic Players
�Drivers: Economic growth and demand for energy, Geographical advantages and vast solar resources, Huge
export market, Solar subsidies, Strong investment potential and Low carbon footprint
�Challenges: Shortage of silicon supply and recycling limitations, High costs of electricity generation and
Technological challenges
Government
Initiatives
� Renewable Energy Law
� Feed-in-Tariff
� MOHURD Subsidy (Solar Roofs Program)
� The Golden Sun Program
� Government Support Policies
� Rural Electrification Programme
3SOLAR PHOTOVOLTAIC MARKET IN CHINA 2011.PPT
•Introduction
•Market Overview
•Drivers & Challenges
•Government Initiatives
•Trends
•Competition
•Key Developments
4SOLAR PHOTOVOLTAIC MARKET IN CHINA 2011.PPT
SAMPLE
China is gradually shifting focus towards its renewable
energy (RE) resources
• Principal renewable sources of energy are:
� Wind Energy
� Hydropower
� Biomass
� Solar Energy
• China spent USD x bn on renewable energy in 200-
and the government plans to invest USD y bn on it
over the next five years
• In 200-, it added n GW of renewable power capacity ,
accounting for about m% of the country’s final
energy consumption
• 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 innovations
coupled with government initiatives
China Renewable Energy (RE) Market Average Annual Growth of RE Capacity
Source:
China’s Renewable Energy Capacity Targets
Solar PV
(Grid-tied)
0
Bio-diesel
Production
Wind PowerSolar
Thermal
Power
Solar PV
(Utility scale)
200- only
200—200-
GW
0
2020e2010e2005
Hydropower
Wind Power
Biomass
Solar PV
5SOLAR PHOTOVOLTAIC MARKET IN CHINA 2011.PPT
SAMPLE
China has been growing rapidly and is the largest producer
of PV cells and modules in the world
• China has become the global hub for manufacturing
of photovoltaic cells
• It is the largest PV cell manufacturing country in the
world accounting for a share of x% of the global
production capacity in 20--
• It also has the largest production base for modules
with a share of y% in 20--
• China has registered a phenomenal CAGR of z% in
the production of PV cells between 200- -200-
• Over USD p bn revenue per year is added by solar PV
market at a CAGR of over q%
• Over 150--- jobs were linked to this sector in 200-
Market Overview
Capacity and Production of Solar PV Modules
Source:
GW
0
Y%
2012e2007 2008 2010e 2011e2009
Solar cell production
Solar cell capacity
200920082007
GW
2010e 2011e 2012e
X%
0
Solar module capacity
Solar module production
Capacity and Production of Solar PV Cells
6SOLAR PHOTOVOLTAIC MARKET IN CHINA 2011.PPT
Drivers & Challenges – Summary
Solar subsidies
Huge export market
Low carbon footprint
Strong investment potential
Geographical advantages and vast
solar resources
Economic growth and demand for
energy
Drivers
Shortage of silicon supply and
recycling limitations
Technological challenges
High costs of electricity generation
Challenges
7SOLAR PHOTOVOLTAIC MARKET IN CHINA 2011.PPT
Government Initiatives - Summary
`
Renewable Energy Law
Rural Electrification Programme
Government Support Policies
MOHURD Subsidy (Solar Roofs Program)
Key Initiatives
The Golden Sun Program
Feed-in-Tariff
8SOLAR PHOTOVOLTAIC MARKET IN CHINA 2011.PPT
Key
Trends
Adaptation of new thin film
technologies
International participationNew applications of solar PV
technology
Trends – Summary
9SOLAR PHOTOVOLTAIC MARKET IN CHINA 2011.PPT
SAMPLE
Domestic Players in the Market (11/13)
• 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 construction
firm based in South Korea
• It also constructed its Y MW manufacturing line which has commenced commercial production
� This brought the company’s annual manufacturing capacity to Z MW
Source:
Headquarters - - - -
Founded - - -
Products - - -
Key People X – Chairman and CEO
Company Snapshot: Company A
Business Highlights
Corporate Information Financial Performance
Profit / Loss
Revenue
0
200920082006 2007
Profit
USD mn
Revenue
USD mn
10SOLAR PHOTOVOLTAIC MARKET IN CHINA 2011.PPT
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