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Gov't policy crucial to solar energy conversion efficiency

Posted: 26 Jun 2013 ?? ?Print Version ?Bookmark and Share

Keywords:solar energy conversion? energy bill? anti-dumping?

EnergyTrend, a research arm of TrendForce, has revealed that although market issues related to the anti-dumping and countervailing policy have been put to rest, the industry's attention should be on the direction of government policies and products. According to the market analytics firm, Europe's main systematic companies such as Project Developer and EPC as well as other related companies, continue to firmly oppose the anti-dumping tariff being purposed by the EU. Related companies indicated that due to the decreased amount in subsidies, ROI are no longer as good as they once were.

On top of that, future module prices continue to rise due to the influence of the anti-dumping investigation, which has affected company's willingness to invest. If the conflict is not able to be resolved, companies like Solarstrom and Juwi have a grim outlook for future development in the European market.

On the other hand, EnergyTrend's observations state that non made-in-China modules have become the key point for most of the manufacturers. Companies such as Suntech Power, China Sunergy (CSUN) and BenQ Solar during the expo all came up with non made-in-China products. Some companies hope to increase market share for products in the European market, using propaganda to strengthen the characteristics of European production.

Aside from government policy, companies still focus on pursuing product efficiency. Besides traditional Si-Base products, TSMC Solar and Solar Frontier also revealed the top module products with a conversion efficiency surpassed 14 per cent, showing their strong ambition. According to current data, products that surpass 14 per cent have the hope to compete head to head with traditional products for cost. That being said, EnergyTrend is more concerned with what the current average conversion efficiency and capacity utilisation rate are. When will the entire average efficiency be able to surpass 14 per cent? These questions are of great concern for the future competitiveness for products, as well as the future development for companies. Aside from all this, due to Germany passing the subsidy bill for energy storage products, some companies have came up with corresponding solutions to combine energy generation and energy storage.

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