Page 1

Market Intelligence Report SOLAR December 28, 2009 Source

Title

Date

Link

Category

Reuters

StanChart PE arm invests in China solar firm Sangle

Dec 27, 2009

http://budurl.com/mercomfscs

Funding News

The private equity arm of Standard Chartered closed a deal to invest $22.3 million in Sangle Solar Energy Co Ltd, a Chinese maker of branded solar water heaters, the Asia-focused bank announced. Shandong Provincial Academy of Science, backed by the local government, would remain a major shareholder in Sangle, headquartered in the northern Chinese province of Shandong, the British bank said in a faxed statement. The statement did not elaborate on the stake size Standard Chartered Private Equity Ltd (SCPE) would receive for its investment. "China's solar water sector will grow fast in the next few years because of favorable regulatory policies and, more importantly, driven by the low penetration of water heaters in China's rural areas," said Wei Zhu, managing director for SCPE in Greater China, which includes mainland China, Hong Kong and Taiwan. Business Journal

$2M solar burst

Dec 25, 2009

http://budurl.com/mercomsnf

Funding News

Solar Nation Inc. this month landed $2 million in capital from a European investor to help grow its commercial solar energy business. The Portland-based company which designs and installs rooftop photovoltaic systems for businesses is entering 2010 with $40 million worth of potential projects. It plans to open a solar module assembly plant within six months, most likely in Oregon. It also acquired two local companies, a move that quadrupled its work force to 50 employees. It’s a long way from where the company was just a year ago, when it had a different name, a different headquarters and an altogether different plan. Solar Industry Mag

New Mexico Commission Issues Favorable PPA Decision

Dec 24, 2009

http://budurl.com/mercomfpd

Industry News

The New Mexico Public Regulation Commission (PRC) has voted to uphold an earlier ruling that renewable energy developers that place installations on customers' property and enter into agreements to sell the projects' energy should not be regulated as public utilities. Electricity generation utility Public Service Co. of New Mexico had called for greater regulation of these renewable energy agreements, arguing that they could lead to rate increases for customers by "subsidizing" purchasers of large amounts of renewable energy, the New Mexico Independent reports. However, the PRC concluded that holding renewable energy developers to the same regulations that are in place for large, investor-owned utilities would create a barrier to renewable energy development. Gov. Bill Richardson, D-N.M., applauded the PRC's decision, noting that it "clears the way for New Mexicans to take advantage of third-party power purchase agreements with renewable energy developers." "This decision by the PRC is the first step in providing the kind of economic certainty necessary to break the log-jam holding up renewable energy projects that would stimulate job growth and investment in New Mexico," said Richardson. Venture Beat

Fixing solar’s intermittency: Do SolarReserve and PG&E have the answer?

Dec 23, 2009

http://budurl.com/mercompgsr

Company News

Pacific Gas & Electric has signed a contract with SolarReserve to buy power from its 150-megawatt plant. Power purchase agreements like this are pretty commonplace at this point — so what makes this one special? SolarReserve claims its technology can supply solar-generated power even when the sun’s not shining — revolutionizing the way we look at solar. SolarReserve relies on solar thermal systems to make this possible. Using a field of reflective mirrors, it concentrates sunlight on a central receiving tower. The intense heat, topping 1,000 degrees Fahrenheit, is stored in molten salt in this tower. This salt solution is then funneled into a storage tank where it can sit there, glowing hot, for hours, before being used to generate steam to turn a turbine. The salt can retain useful amounts of energy for up to a week after it was last exposed to the sun — essentially taking care of solar’s intermittency problem. If this works, it could be a huge boon for the solar thermal industry (makers of photovoltaic panels, not so much). The chief reason that solar hasn’t become more widespread is that the energy it produces is too inconsistent. People need to be able to trust that when they flip a switch, lights will go on — even at night. SolarReserve could help deliver “on-demand” solar. But it didn’t accomplish this all by itself. Its system resulted from partnerships with United Technologies and its subsidiary Rocketdyne — the folks who brought us the Saturn series of rocket engines. They developed the molten salt energy storage concept as a spin-off of their rocketry programs. First proved a decade ago at the Solar Two facilities outside Barstow, Calif., the technology hasn’t been deployed commercially, until now, by SolarReserve. The company is also working on a 100-megawatt plant in Nye County, Nev., which will sell power to Nevada Energy for the next 25 years. If this facility, and the one slated to supply PG&E (which has yet to win approval from the California Public Utilities Commission), are successful, SolarReserve could be the first to provide emissions and radiation-free solar systems that work 24 hours a day. If solar’s intermittency problem can be fixed with thermal solutions, there may also be less need for grid-scale battery storage. Though batteries still seem to be the best storage solution to make wind a consistent source of alternative energy too. azo cleantech

Fronius Personal Photovoltaic Monitoring Display Systems from Fronius International

Dec 23, 2009

http://budurl.com/mercomfipp

Product News

Fronius International provides a range of monitoring and datalogging systems. These systems are designed for the continuous monitoring of photovoltaic systems. The Fronius personal display system is designed for displaying up-todate output data values that users may want to know about their photovoltaic systems. The Fronius personal display device can be placed anywhere at home. Users can read the current data of up to 15 inverters with this personal display system. The data is transmitted from the inverter to the personal display device through radio transmission. For monitoring each inverter, a personal display card is required. At night, the Fronius personal display system displays the collected data of the previous day. Source: Fronius International / azo cleantech

The installation of this personal display device from Fronius International is simple. The user must insert the personal display card into the inverter and connect the antenna to the inverter. The personal display device is then set at home. The Fronius personal display system is a plug and play system that operates through a wireless radio link. Therefore, this system monitoring requires no holes and sealing for putting down cables. The personal display system is powered through batteries or through the power supply unit. When adding an additional device to the system, the user has to add a display card together with a radio antenna for each inverter.

DISCLAIMER: Use this information at your own risk. Mercom is not liable for any damages arising from use of this report. We do not endorse: information in this report; 3rd party web sites; 3rd party reports. Page 1 of 5


Market Intelligence Report SOLAR December 28, 2009 Source

Title

Date

Link

Category

Digitimes

Taiwan-based suppliers cut PV module prices to 1.3-1.4 euro/watt (approx 1.9-2.0 $/watt)

Dec 22, 2009

http://budurl.com/mercomtsc

Industry News

Some Taiwan-based suppliers of photovoltaic (PV) modules, due to decreasing demand in the Europe market, have reduced their quotes by 6.7-10.3% from 1.45-1.5 euro/watt (approx 2.07-2.14 $/watt) to 1.3-1.4 euro/watt (approx 1.9-2.0 $/watt) to clear inventories, according to industry sources in Taiwan. Solar Energy Initiatives

Solar Energy Initiatives, Inc. Announces Strategic PV Collaboration with the ITRI Taiwan

Dec 21, 2009

http://budurl.com/mercomseit

Company News

* ITRI is a Quasi-Government Research and Development Organization with over 6,000 Engineers which apply for over 5 Technology patents per day * ITRI has Significant Competencies in Nano Technologies, Dye Sensitized Solar Cell Development, Solar Battery and LED Technologies. Solar Energy Initiatives, Inc. and the Industrial Technology Research Institute (ITRI) Taiwan announced a broad business and technical collaboration agreement to build, integrate, test and commercialize a series of new solar products and solutions. Worldwide, the solar PV market is expected to reach $34 billion by 2013. The United States economic stimulus bill, signed into law in February 2009, is providing billions of dollars through the U.S. Department of Energy (DoE) for renewable energy investment in U.S. companies, including those engaged in solar energy development and manufacturing. In collaboration with Solar Energy Initiatives, ITRI will integrate the technologies into world class products in such solar solutions as LED Lighting, Silicon Solar Cell Products, Si Thin Film Solar Cell, Module Encapsulation, Dye-Sensitized Solar Cell and Printable CIGS. “The collaboration agreement signals the intent of both companies to establish an accelerated growth platform for the industrialization of ITRI’s patented solar technology into the North American Market,” said, Mr. Robert Pimentel, Business Development Director of ITRI. Sandia National Laboratories

Glitter-sized solar photovoltaics produce competitive results

Dec 21, 2009

http://budurl.com/mercomsnl

Technology Highlight

Adventures in microsolar supported by microelectronics and MEMS techniques. Sandia National Laboratories scientists have developed tiny glitter-sized photovoltaic cells that could revolutionize the way solar energy is collected and used. The tiny cells could turn a person into a walking solar battery charger if they were fastened to flexible substrates molded around unusual shapes, such as clothing. The solar particles, fabricated of crystalline silicon, hold the potential for a variety of new applications. They are expected eventually to be less expensive and have greater efficiencies than current photovoltaic collectors that are pieced together with 6-inch- square solar wafers. The cells are fabricated using microelectronic and microelectromechanical systems (MEMS) techniques common to today’s electronic foundries. Sandia lead investigator Greg Nielson said the research team has identified more than 20 benefits of scale for its microphotovoltaic cells. These include new applications, improved performance, potential for reduced costs and higher efficiencies. “Eventually units could be mass-produced and wrapped around unusual shapes for buildingintegrated solar, tents and maybe even clothing,” he said. This would make it possible for hunters, hikers or military personnel in the field to recharge batteries for phones, cameras and other electronic devices as they walk or rest. Renewable Energy Focus

Scotland on track to exceed targets for renewable energy

Dec 21, 2009

http://budurl.com/mercomsrt

Representative thin crystalline-silicon photovoltaic cells – these are from 14 to 20 micrometers thick and 0.25 to 1 millimeter across. Source: Sandia National Laboratories

Industry News

Scotland can easily meet its targets for renewable energy and reach 300% of its target by 2020 if all pending schemes are approved. A total of 2834 MW of green power capacity is operational and another 3739 MW have been granted consent, with 19,500 MW in the planning stages, according to a report from Scottish Natural Heritage (SNH). The total output is three times more than the 8 GW needed to meet Scotland’s 2020 target of 50% of electricity from renewable energy facilities. The paper, Facilitating Sustainable Development of Renewable Energy Generation Capacity (http://budurl.com/mercomstrp), describes the work being done by SNH to facilitate development of renewable energy generation in Scotland, focusing on terrestrial renewable energy. “We have invested considerable staff resources, research and preparation of advice in the development of renewable energy in Scotland,” the report explains, including recruitment of renewable energy casework advisers and policy staff (including some dedicated to marine renewables) and an investment of £250,000 (approx $401735) in renewable energy research. It has established a “strongly supportive” renewable energy policy and produced 30 pieces of guidance for developers and planners on renewable energy, “many of which are now setting the standard across the UK.” SNH has responded to 230 formal planning applications for renewable energy proposals and reviewed 1300 applications during the development stage, of which 75% receive the agency’s support. “Those which we object to tend to be in, or have the potential to affect, a designated site.” Reuters

S.Korean firms to spend over 4 trln won (approx $3.42 billion) in clean tech

Dec 21, 2009

http://budurl.com/mercomski

Industry News

* Investment to rise from 3.2 trln won (approx $2.7 billion) in 2009 * Govt to help higher investment with policy making South Korean manufacturing companies will invest more than 4 trillion won (approx $3.42 billion) in clean technology sectors next year, up from 3.2 trillion won (approx $2.7 billion) this year, data from the Korean government showed on Monday. The investments include spending on clean technology research and development and manufacturing facilities for solar cells, wind power and hydro-fuel cells, a government official said, adding that the data was gathered from a survey of Korean companies. "The government will help private firms raise their investment in clean technology by preparing new policies to expand the industries, for instance requiring public buildings to consume renewable energy," said an official with the ministry of knowledge economy. But the government has no plan yet for direct financial incentives for such investment, he added. "The government would rather help more private funds to be spent in clean and renewable energy sectors as lots of private funds are already out there." He noted the parliament was reviewing the government's bill, called the Renewable Portfolio Standard (RPS), to require energy businesses to provide a certain percentage of renewable energy in their energy supplies.

DISCLAIMER: Use this information at your own risk. Mercom is not liable for any damages arising from use of this report. We do not endorse: information in this report; 3rd party web sites; 3rd party reports. Page 2 of 5


Market Intelligence Report SOLAR December 28, 2009 Source

Title

Date

Link

Category

Digitimes

Taiwan sets feed-in rates; may attract installation of 500MWp PV systems in 2010

Dec 21, 2009

http://budurl.com/mercomtwft

Industry News

The renewable energy feed-in tariff rates determined by Taiwan's Ministry of Economic Affairs (MOEA) on December 18 are expected to stimulate installation of photovoltaic (PV) power-generating systems, with the total installation capacity estimated at 200-300MWp and possibly as much as 500MWp in 2010, according to chairman CY Tsai for the SEMI Taiwan PV Committee. The feed-in tariff rate of NT$14.603 (US$0.45) per kilowatt-hour for a PV power-generating system of up to 10KWp is equivalent to an IRR (internal rate of return) of 5.5%, Tsai indicated. However, the feed-in tariff rate is lower than the NT$16 (approx $0.5) per kilowatt-hour with an IRR of 7% that Taiwan-based PV players had asked for, Tsai said. Amonix

Solar Industry Leader Amonix Acquires Sunworks Solar

Dec 21, 2009

http://budurl.com/mercomamss

Company News

Company adds three Sunworks executives with combined financing experience for more than half U.S. solar PV projects under PPAs. The Board of Directors of Amonix, Inc., the best choice for utility-scale solar power in hot and dry climates, announced today that it has completed the acquisition of Sunworks Solar LLC, a solar manufacturing plant developer. At the same time, Sunworks co-founder Brian Robertson becomes Chief Executive Officer; Sunworks co-founder Guy Blanchard joins as Senior Vice President of Sales and Corporate Development; and Matthew Meares, Sunworks Managing Director, joins as Director of Project Finance. Amonix, which has been in business 20 years, on its seventh generation of product, with 15 years’ experience with field deployments in real-world conditions, completed its acquisition of Sunworks on November 9, 2009. Financial terms were not disclosed. Vahan Garboushian, founder, Chief Technology Officer, and Chairman said. “Amonix systems clearly work in utility-scale applications. With the addition to our management team of three of the most productive solar industry business executives in the country, we have what it takes to get large, complex projects completed. We are ready to leverage our expertise and years in the field to take our growth to the next level.” Cooler Planet

Pennsylvania to spend $10 million on new solar power projects

Dec 21, 2009

http://budurl.com/mercompasp

Industry News

Pennsylvania's Commonwealth Financing Authority has given the go-ahead to $10 million worth of solar power project grants, Governor Ed Rendell's office said late last week. The state monies will fund 12 separate projects with a total generating capacity of 9.1 megawatts, the governor's office noted. One of the largest grants is going to Knouse Foods Cooperative in Dickinson Township. The company is building a $19 million solar power installation on a former brownfield site, and the CFA is providing $3.5 million for the project. When complete, it will generate 3.155 megawatts of electricity. A similar system is being installed in Lower Paxton Township; that municipality is receiving $3 million for a 3-megawatt, $16 million solar array that will help power the Swatara Township Authority’s water treatment facility. And two union offices in Philadelphia County are getting grants to help further their solar photovoltaic training activities. IBEW Local Union 98's business office will benefit from a $13,590 grant for the purchase and installation of a solar array on its roof; the union's apprentice training shop is receiving a grant for a solar power system, too. "By the end of 2010 … we expect that Pennsylvania will rank in the top five states for solar," said Governor Rendell. NREL

Western Renewable Energy Zones, Phase 1: QRA Identification Technical Report

Dec 2009

http://budurl.com/Mercomwre

Industry News

Ryan Pletka and Josh Finn, of Black and Veatch, worked with NREL analyst David Hurlbut to publish the report "Western Renewable Energy Zones, Phase 1: QRA Identification Technical Report" . This report describes the Western Renewable Energy Zones (WREZ) Initiative Phase 1 Qualified Resource Area identification process, including the identification and economic analysis of Qualified Resource Areas (QRAs) and "non-REZ" resources. These data and analyses will assist the Western United States in its renewable energy transmission planning goals. The economic analysis in this report produced the input data for the WREZ Generation and Transmission Model (GTM), which is a screening-level model to determine the optimal routing for and cost of delivering renewable energy from QRAs to load centers throughout the Western Interconnection. View Full Report: "Western Renewable Energy Zones, Phase 1: QRA Identification Technical Report" - http://budurl.com/Mercomwre In Phase 1 of the WREZ initiative, QRAs were defined as areas of high quality and dense renewable energy resources with enough capacity to potentially justify the construction of a high voltage transmission line for interstate transmission of renewable energy. Black & Veatch used these two sets of criteria in geospatial analyses of the entire WREZ study area to filter vast renewable energy resource potential to the highest quality and most developable renewable energy resources. The resulting resource areas were called Candidate Study Areas (CSAs). Fifty-three QRAs were identified across the WREZ study area, with nearly 200,000 MW of renewable energy resources theoretically capable of generating over 560 terawatt hours (TWh) of energy per year. Over 2,200,000 MW of non-REZ resources were also identified across the study area. To put these estimates in perspective, the entire WECC peak load in summer 2007 was 150,000 MW. Solar: Solar is a primary resource in the WREZ study area. QRA boundaries were defined based on the location of large amounts of high quality solar resource. The solar resource assessment approach was to quantify solar resource potential across the WREZ study area and reduce it to an assumed developable potential by removing lands that are undevelopable.

WREZ Solar Capacity by State/Province and DNI Level

A single solar resource dataset was available for the entire WREZ study area in the form of large scale solar resource maps from NREL. Various resource quality constraints were applied to these data and various environmental and technical exclusions were removed. A discount factor was applied to the remaining resource potential and the amount of resource potential in each grid square was quantified. Results: Over 86,000 MW of developable solar resources were identified in QRAs across the WREZ study area, with a total theoretical annual capacity of 190 to 270 TWh per year, dependent on the solar technology. Of this resource potential, over 40,000 MW were between DNI levels of 7.25 and 7.5 kWh/m2/day, over 26,000 MW were between 7.0 and 7.25, and the remainder fell into the other DNI classes. Of the states with solar resources, Arizona, California and Nevada had the most resource potential and the highest theoretical annual generation. Source: (NREL/ Black and Veatch) DISCLAIMER: Use this information at your own risk. Mercom is not liable for any damages arising from use of this report. We do not endorse: information in this report; 3rd party web sites; 3rd party reports. Page 3 of 5


Market Intelligence Report SOLAR December 28, 2009 Source

Title

Date

Link

Category

MEF

MEF on Global Partnership Technology Action Plans and Clean Energy Analysis

Dec 2009

http://budurl.com/mercommefn

Industry News

In July 2009 at L’Aquila, Italy, the Leaders of the Major Economies Forum on Energy and Climate (MEF) announced a Global Partnership to drive transformational low-carbon, climate-friendly technologies. The Leaders welcomed efforts among interested countries to advance actions on a range of important clean technologies. It was noted that lead countries would develop action plans. On behalf of the MEF Leaders’ representatives, we are pleased to announce the development of these Technology Action Plans (TAPs), along with an executive summary. The Global Partnership TAPs focus on: Advanced Vehicles; Bioenergy; Carbon Capture, Use, and Storage; Energy Efficiency – Buildings; Energy Efficiency – Industrial Sector; High-Efficiency, Low-Emissions Coal; Marine Energy; Smart Grids; Solar Energy; and Wind Energy. Leaders also agreed in L’Aquila to dramatically increase and coordinate public sector investments in research, development, and demonstration of transformational clean energy technologies. To help inform this effort, the International Energy Agency developed a preliminary analysis titled, "Global Gaps in Clean Energy Research, Development, and Demonstration (RD&D)." View Full Report: "Technology Action Plan: Solar Energy" - (http://budurl.com/mercommefn) Excerpts from the report: Electricity generation costs PV Costs and Competitiveness: PV Costs Today: Due to increasing PV deployment and R&D efforts of recent years, cost-efficiency of PV technology was improved tremendously making most solar technologies widely available and applicable today. At the same time, mass production, intensified competition and increased R&D (from US$250 million in the year 2000 to about US$500 million in the year 2007, according to IEA PV Roadmap) have increased PV efficiency rates considerably. Since 2000, the efficiency rate of standard multi-crystalline silicone PV has been increased by about 25%, from 13% in 2000 to 18% in 2009. This progress was accompanied by important improvements in the PV engineering and installation construction sector. As a consequence, PV electricity generation costs decreased by more than 50% compared to the year 2000. Today, the lowest electricity generation costs for PV amount to US$0.24 per kWh for utility-scale systems beyond the MW-Scale; at best locations39). Costs range up to US$0.72 per kWh for small scale residential systems up to 20 kWp at low solar radiation locations40 (IEA 2009g). Tomorrow’s Cost Reductions: PV costs are anticipated to decrease further and rapidly due to very promising learning rates. Learning rates for PV modules (particular for crystalline silicon cells) ranged from 20% to 23% in the past and were approximately 22% for PV systems (IEA 2008b). This means when the cumulative PV production doubled, the investment costs were reduced by 20-23%. According to an analysis carried out by the Department of Engineering and Public Policy in Carnegie Mellon University in 2003, the future learning rate for PV could achieve 30%. That is, higher deployment rates would reduce cost faster thereby leading to a faster market penetration of PV modules. To put these figures in perspective, future learning rates for fossil power systems such as IGCC (integrated gasification combined cycle) or CCS technologies are so far assumed to equal about 3% (IEA 2008b) Based on these promising learning rates, the IEA expects that ambitious deployment policies combined with further R&D efforts can reduce today’s generation costs by one-half by 2020. In such regions, utility-scale systems could then generate a kWh of electricity at just about US$0.12. At the end of 2030, generation costs of US$0.07/kWh are expected in regions with sufficient solar radiation. Until 2050, utility-scale generation costs could further decrease to US$0.045 per kWh, cutting current prices by a factor of 5 relative to 2010. Smallscale generation costs are projected to come down to about US$0.10/kWh. CSP Costs and Competitiveness: CSP Costs Today: Triggered by the re-emerging market, CSP installation costs are falling. Between 1984 and 1991, when the first commercial parabolic trough plants were installed in the United States, investment costs were reduced by more than half, from above US$10,000 per kWp to an amount between US$3,000 and US$5,500 per kWp. Today, installation costs for a CSP installation with a heat storage system like Andasol 1 are in the range of CSP installation costs without storage 20 years ago. This is a consequence of the storage capacity increasing the utilization factor of the CSP plant twofold. Therefore levelized electricity generation costs are likely to be considerably lower for a CSP plant with integrated storage capacity compared to systems without storage. Recently constructed plants generate electricity at a cost of US$0.13–$0.23/kWh depending on the location Tomorrow’s Cost Reductions: By increasing CSP capacity, investment and generation costs could be further reduced. Cost reductions are driven by technological learning. Future technical learning rates are expected to amount to 10%. Further cost reduction can be expected as a result of scaling up the size of CSP plants. Based on the expected increase in CSP capacity by 2020, power generation costs are estimated to decrease to a range of US$0.10–0.13 per kWh. By 2030, more than 200 GW could be installed, resulting in electricity generation costs of about US$0.11 per kWh in regions with less solar radiation and only US$0.08 per. kWh in regions with high solar radiation. By 2050, further learning could decrease the generation costs from CSP to almost less than US$0.07 per kWh. Competitiveness: While CSP electricity generation costs will presumably fall, fossil fuel prices may rise due to the increasingly limited supply of fossil fuels as well as by the increasing internalization of climate change costs by cap and trade schemes and other political measures. Furthermore, the storage and hybridization capacity of CSP technologies allows for the unique advantage of providing firm and dispatchable electricity on demand, by which CSP can compete with peak-load or intermediate-load electricity in some regions, and even with base-load electricity in the long run, if combined with appropriate storage

DISCLAIMER: Use this information at your own risk. Mercom is not liable for any damages arising from use of this report. We do not endorse: information in this report; 3rd party web sites; 3rd party reports. Page 4 of 5


Market Intelligence Report SOLAR December 28, 2009 Source

Title

Date

Link

Category

DSIRE

New Regulations, Policies & Incentives for Renewable Energy

Week Ending Dec 25, 2009

State

Incentive and Policy Updates

Geothermal Heat Pump Tax Credit (Corporate) - Corporate Tax Credit

New Mexico

http://budurl.com/MercomNMctc

Geothermal Heat Pump Tax Credit (Personal) - Personal Tax Credit

New Mexico

http://budurl.com/MercomNMptc

DISCLAIMER: Use this information at your own risk. Mercom is not liable for any damages arising from use of this report. We do not endorse: information in this report; 3rd party web sites; 3rd party reports. Page 5 of 5

Solar Report  

Solar Market Intelligence Report

Read more
Read more
Similar to
Popular now
Just for you