Jump to content

Leaderboard


Popular Content

Showing content with the highest reputation since 02/12/2019 in all areas

  1. 1 point
    Chinese city wants 700 MW of new solar within two years: The announcement from the city authorities comes in the wake of the central government’s call for local authorities, electricity companies and big lenders to remove roadblocks to what it designated ‘grid-parity’ PV projects, by which it meant installations which did not benefit from central subsidies but which could be encouraged by local incentives. https://www.pv-magazine.com/2019/02/14/chinese-city-wants-700-mw-of-new-solar-within-two-years/
  2. 1 point
    I'll add that the 13Fs that have been trickling in for FSLR have been very sexy. Some serious purchases last quarter on the weakness.
  3. 1 point
    First Solar risk/reward remains favorable into Q4 report, says Baird Baird analyst Ben Kallo previewed First Solar's Q4 report and he believes the risk/reward setup is favorable heading into the results. The analyst said he would be a buyer into the report as he thinks a recovering macro environment in the solar space could improve sentiment and drive share appreciation. Kallo said it remains a top pick and he maintained his Fresh Pick designation while reiterating his Outperform rating and $75 price target on First Solar shares.Read more at: https://thefly.com/landingPageNews.php?id=2864736
  4. 1 point
    That makes sense as grid parity is not in place in China. That also suggests why price declines are in store. PV insights is suggesting module prices have fallen. There are 2 good articles on Guangfu today. The first covers current market analysis and utilization rates. They suggest that utilization rates are still far below the pre 531 announcement although they did up tick recently in China. http://guangfu.bjx.com.cn/news/20190213/962366.shtml The overall utilization rate of production capacity in the Chinese market continued to rise, reaching 83% - but still not returning to the level before the "531 New Deal" This second article is a good article on the details of costs that China needs to hit for grid parity. It will give you an idea that the prices will drop significantly over the next 2 years. They are suggesting an average cost to build of 3.25RMB or $0.49(USD) for Grid parity. Depending on regions some are lower costs and some are higher in cost. They are suggesting the current cost to build is ~4.2RMB. They are suggesting a 28% system cost price decline is in order to meet grid parity. These suggest that the solar costs are going to have to further drop. Current costs of $0.63(USD) will fall to $0.49(USD). The current module cost I estimate at $0.26. That is 41% of the total cost. A 28% price drop on the module cost is $0.0728. This places China needing a target module cost of $0.18-$0.19 come 2020 and later. That is where China hits grid parity and solar PV demand will explode. http://guangfu.bjx.com.cn/news/20190213/962352-2.shtml Definition of Parity online “The cost of PV system for I, II, and III resource areas requires 3.21, 3.37, and 3.28 yuan/W, respectively; the median of all regions, the threshold for national PV affordable Internet projects is 3.25 yuan/W.” Analysis of the cost reduction of PV parity online Based on the above parameters, the conclusions that can be calculated are: 1 The cost of the power station system is 4.2 yuan / W; 2 The internal rate of return of the project is 7.14%. Core conclusion: According to this standard, the current national photovoltaic ground power station system cost still needs to drop by 28% compared with the median level of 3.25 yuan/W national parity online. That is to say, the cost of photovoltaic power plant system will drop by 28% at the current level, and the country will implement large-scale (more than 50%) low-cost Internet access on the power generation side.


×