Solar Power Breaking New Boundaries in China ($1 per watt PV)

[jpak]

http://chinesepubliccompanies.com/solar-power-breaking-new-boundaries-in-china-638/

Suntech Power Holdings Co., Ltd. (ADR) (Public, NYSE:STP), Yingli Green Energy Hold. Co. Ltd. (ADR) (Public, NYSE:YGE) and First Solar, Inc. (Public, NASDAQ:FSLR) are all Chinese companies that are involved in the solar power energy market. First Solar demonstrates that they have broken the $1 per watt manufacturing barrier. Suntech powers homes, and Yingli watches its carbon footprint.

First Solar is the largest manufacturer of thin film solar modules in the world. They run with a goal of clean, affordable and sustainable energy. They have expanded their manufacturing capacity to run at a rate of 55.7MW per line in the first quarter of 2010. Their goals have driven the company to dominate the market and look into the future of solar power. First Solar is trying very hard to drive down the cost of solar electricity to rates comparable with traditional fossil fuel energy sources. They are getting closer to their goals, and at this rate, solar could surpass fossil fuels as the cheapest form of energy. Some solar modules that First Solar is offering to its customers is the FS Series 2 PV Module, which was the first module to break the $1 per watt manufacturing cost barrier. In 2010, the company brought to light their FS Series 3 PV Module. The Series 3 delivers a higher efficiency of electricity and accommodates new Balance of Systems layouts. To check out more of First Solar’s products and services, check them out at http://www.firstsolar.com. The company trades on the NASDAQ for $137.94 per share. The company is valued at $11.79 billion.

Suntech Power Holdings develops, manufactures and delivers reliable, cost effective solar energy solutions. The company was founded in 2001 by Dr. Zhengrong Shi, a leading solar scientist. Suntech has diversified their portfolio in the solar market by offering solar energy for off-grid systems, government, homes and large solar plants across the world. The company has offices in over 13 countries and their solar modules have been installed in over 80 countries. One of the unique products that Suntech offers is the Ab & Ad+, which offers residential users 175-190 watts of electricity. These solar panels are made from monocrystalline silicon, come with a 25-year warranty, lower power bills, and are ideally set up on the roof of a house. To check out the rest of the company’s line-up, check out their website at http://www.suntech-power.com/. Suntech Power Holdings trades on the NYSE for $10.87 per share. The company is valued at $1.96 billion.

Yingli Green Energy is a leading solar energy company and one of the world’s largest integrated photovoltaic manufacturers. They develop, manufacture and sell PV modules to Germany, Spain, Italy, Greece, France, South Korea, China, and the United States. Yingli has more than 10 offices worldwide, with their headquarters in Baoding, China. Fine Silicon, a subsidiary of Yingli, is their in-house polysilicon manufacturing facility which commenced trial production in December of 2009. The facility is state-of-the-art and was designed for an annual production capacity of 3,000 MT. This facility takes a different approach to the manufacturing process. Fine Silicon does not use any chlorides or TCS, which makes this facility environmentally conscious. To view some of Yingli’s products, check out http://www.yinglisolar.com/. Yingli Green Energy is traded on the NYSE for $12.25 per share and has a market cap of $1.80 billion.

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[dkf]

1. This should have been us.

What a waste. Now we will be importing high tech from China.

[tridim]

5. Abound Solar, Longmont (Colorado) Firm, Gets $400 Million Federal Loan

http://www.huffingtonpost.com/2010/07/03/abound-solar-longmont-fir_n_634744.html

But you're right, most companies in the US who want to do this kind of manufacturing can't get funding because the people who hold the money are greedy assholes, punishing the entire country because they hate Obama.

[jpak]

6. We still can - low-cost Chinese PV is the result of government support and economies of scale

and not "cheap labor"

The Chinese government is loaning billions to domestic PV manufacturers to build large scale (GW per year) automated PV manufacturing plants and large scale polysilicon production facilities.

The US has not - thanks to the GOP

The Chinese government mandated national renewable energy goals.

The Us has not - thanks to the GOP

The Chinese government made purchases of solar power mandatory - it is illegal for utilities NOT to buy solar power.

The US has not - thanks to the GOP

Until we change our ways, the Chinese will eat our lunch in the PV market - just like the Danes are kicking our ass in commercial wind turbine markets.

We can thank Ronald Reagan and the Bushes and the Confederate GOP for all of this.

They killed the US renewable energy industry.

They went out of their way to do this.

Yup

[dkf]

7. Yet I hear nothing from Obama except for his training funds for green jobs.

Has he even proposed a substantial tax credit to buyers?

[Triana]

2. This is what we should be doing instead of letting BeePee pour more oil

into our waters. The US could and should lead on this. But - they missed the opportunity to do so.

[Triana]

3. ie:

http://motherjones.com/environment/2010/07/climate-bill-dead-harry-reid-obama

[FormerDittoHead]

4. Who cares? We have offshoots from the military! Yeeee-HAAAAaaa!!111!!

$25 billion for DEVELOPING the Ospry... It will be another $25 billion to build them. (shhh! Helicopters do basically the same thing!)

But that's OK. ONE DAY, if you're RICH, you'll be able to take a vertical take-off plane from the top of your mid-city office building and quickly fly to Washington to lobby for tax breaks!

IN OTHER NEWS, University of Pennsylvania grad students are designing micro-flying machines that can drop a "payload"...

http://defensetech.org/2010/06/03/mean-looking-quad-rotor-micro-air-vehicle-performs-%E2%80%9Cprecise-aggressive-maneuvers%E2%80%9D/

GLAD TO SEE WE HAVE *OUR* PRIORITIES STRAIGHT...