[sunnysky 905]

A great report with profound results  - a must read IMHO.

 

http://www.businessspectator.com.au/article/2014/2/26/smart-energy/how-close-great-grid-defection?

 

Here is one of the conclusions:

– 'Solar plus battery' grid parity is here already or coming soon for a rapidly growing minority of utility customers. Grid parity exists today in Hawaii for commercial customers, and will rapidly expand to reach residential customers as early as 2022. Grid parity will reach millions of additional residential and commercial customers in places like New York and California within a decade (see Figures 3 and 4 above).

 

And this is a picture of the future which is near:

Millions of customers representing billions of dollars in utility revenues will find themselves in a position to cost-effectively defect from the grid if they so choose. The so-called utility death spiral is proving not just a hypothetical threat, but a real, near, and present one. The coming grid parity of 'solar plus battery' systems in the foreseeable future, among other factors, signals the eventual demise of legacy utility business models.

[Guest CrouchingTiger]

Small solar companies grew together quickly in a solarFunCube in the Bay Area according to NY Times. I think as the trend continues, technical costs associated with installation and financing would decline rapidly, reducing the total costs and making it comparable to other parts of the world. That leaves legal costs in terms of legislation and regulation as the last bottleneck for fast expansion of solar energy in the U.S.

 

http://www.nytimes.com/2014/02/26/realestate/commercial/solar-services-company-jump-starts-revival-in-california.html?emc=edit_tnt_20140225&tntemail0=y&_r=0

[sunnysky 905]

The key projects will focus on the below five areas of the PV industry:

 

(1) Critical technology R&D and commercialization

(2) Technological renovation and upgrade to elevate core competency

(3) M&A and restructuring

(4) Distributed PV system applications

(5) Foreign investment and technology transfer

 

There are also five qualifying conditions, the first of which is that the project company has to be on the list of the published qualified companies (the list of 109).

 

CDB will review the projects on this recommended list to process loan applications and provide comprehensive financial services. This signifies that the state banks have now officially resumed lending to the PV industry.

 

Link here:

http://guangfu.bjx.com.cn/news/20140226/493196.shtml

[Pop2mollys 416]

Nice, projects will only be approved for the "list" players. The strong will get stronger and the weak will be blacklisted from china market and will die.

[Paybak66 41]

Great info....thanks Sunnysky!

[Guest Norse]

Canadian Solar Receives C$ 52 Million Non-Recourse Construction Loan from Natixis

http://investors.canadiansolar.com/mobile.view?c=196781&v=203&d=1&id=1903662

[Guest Norse]

Sunedison up 7% as sell-side weights in after Capital Markets Day

08:35 AM ET · SUNE

The company is on a path to generate its entire market cap in value over the next three years, says Credit Suisse, lifting its PT to a (by far) Street high $34 from $17.

Also positive is BAML which sees the next two catalysts being 1) a Q2 semiconductor IPO 2) a YieldCo offering mid-late 2014.

"Overall, the meeting confirmed our belief that Sunedison's (SUNE) unique structure of both selling and retaining projects will ultimately create more value than either approach alone," says Needham's Edwin Mok, boosting his PT to $20 from $18.

Wow, CS loves Sune.

[odyd 1,340]

Mok is embracing holding to plants model like JKS, but has not much heart for JKS or China, giving a $6B evaluation to SUNE. This the example of America waking up to solar, but staying away from Chinese names (still) on a large scale engagement. I think we have another potential factor to play a role, foreign investment in China. REC is a good example, but think banks, big ones, connecting with top Chinese solar companies to build solar infrastructure in China. 

This will be massive when it happens. 

[Guest eysteinh]

I agree odyd. It would "westernize" a lot of pv parks if they had western capital together with chinese pv parks. I think it would be a win win since China wants to build up grid infastructure and get renewables up fast. The chinese companies would then in turn get acess to a lot of capital if share price increased. 

[Guest eysteinh]

http://www.greentechmedia.com/articles/read/are-we-headed-for-a-solar-supply-crunch-in-2014

 

They conclude we are heading for 25$/kg polysilicon prices.