- About Us
- Career Center
- Nano-Social Network
- Nano Consulting
- My Account
Chinese investors showed their preference for thin-film solar cell rather than crystal silicon cells as the former has lower power generation cost and competitive power generation capacity compared on the domestic market.
Shenyin & Wanguo Securities said that it would need less time for thin-film cell to generate electricity at a cost close to grid power than crystal silicon cells.
It's expected that the power generation cost of thin-film cells would approach grid parity in 2012, and crystal silicon cells would reach the target in 2020.
Now, the installation cost for crystal silicon solar power (OTCBB:SOPW) stations stands at 20 yuan/watt while that for thin-film one is about 12 yuan/watt.
Industry insider said that thin-film solar cells generated 10 percent more electricity than that of crystal silicon cells.
Chinese solar product makers like SunTech Power Holdings Co., Ltd. (NYSE:STP) (STP.NYSE), Astronergy Solar, Best Solar and Baoding Tianwei Solar Film Company plans to realize mass production of thin-film solar cells within 2009.
China recently released a subsidy scheme on solar rooftop projects providing 20 yuan/watt-peak subsidies for solar PV power projects with single installed capacity exceeding 50 kWp.
It's estimated that the incentive policy provided no less than two billion yuan of subsidies in 2008.
By now, China has 40 MW of installed solar PV power generation capacity, according to Haitong Securities.
China is expected to extend subsidies to solar PV power plants following the solar rooftop plan.
Copyright © iStockAnalystIf you have a comment, please Contact us.
Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
|Related News Press|
News and information
Self-cleaning, anti-reflective, microorganism-resistant coatings: Researchers at the UPV/EHU-University of the Basque Country are modifying surface properties of materials to obtain specific properties at a lower cost August 9th, 2016
Industrial Nanotech, Inc. Provides Shareholder Update August 22nd, 2016
Leading Advanced Materials Manufacturer Pixelligent Closes $10.4 Million in Funding: Capital Will Boost Capacity for North American Manufacturing, Drive Asian Expansion, and Continue Innovation in Solid State Lighting and OLED Display Applications August 16th, 2016
Harris & Harris Group to Host a Shareholder Update Call, Including a Presentation by One of Its Precision Health and Medicine Portfolio Companies, Muses Labs, Inc., on August 23, 2016 August 16th, 2016
New flexible material can make any window 'smart' August 23rd, 2016
Researchers reduce expensive noble metals for fuel cell reactions August 22nd, 2016
Down to the wire: ONR researchers and new bacteria August 18th, 2016
Let's roll: Material for polymer solar cells may lend itself to large-area processing: 'Sweet spot' for mass-producing polymer solar cells may be far larger than dictated by the conventional wisdom August 12th, 2016
NREL technique leads to improved perovskite solar cells August 11th, 2016
Tiny high-performance solar cells turn power generation sideways August 5th, 2016