Photovoltaic (pv) new rules promote subsidy efficiency technology iteration good equipment companies

Solar photovoltaic net news: February 18, the National Energy Administration new energy company called seminars, related enterprises show & other Subsidies to the rated capacity & throughout; The innovation of mechanism. Soochow securities believes that the scheme on the bidding mode there are two major changes: (1) to fix after enjoy subsidies of industry and commerce are distributed and centralized power stations compete for ground; (2) will be the centralized power index distribution throughout the province, respectively for the index distribution, adjust the bid for national unity, and distribution of sorting.

soochow securities pointed out that national unity for photovoltaic resources more conducive to make full use of the advantage, thus further compression non-technical cost, make subsidies available to the degree of electricity costs the most competitive project. The overall intensity of electricity price subsidies is expected to significantly lower than the previous local bidding mode, subsidies to make limited funds into new installed capacity as much as possible. If the total scale of subsidies for 3 billion, the final bidding electricity subsidies to 0. 5 yuan, consider household items such as occupancy, is expected to be on approximately 50 gw of new installed capacity. At the same time, the grid node set will guarantee progress in photovoltaic (pv) and is expected to domestic actual installed capacity in 2019 is expected to be about 40 gw than previously expected.

soochow securities research thinks, in silicon link, monocrystalline silicon slice to meet demand season, silicon plant capacity expansion of good equipment. Continue to improve the scheme for the domestic photovoltaic scale, the boom of demand is expected to silicon. Overseas markets, photovoltaic products (2018 Wafers, cells, and components) Total exports amounted to 161. $100 million, rose 10. In 2019 and 9% in the first quarter overseas markets continued to boom. Early because & other; 531' Silicon, resulting in falling prices will gradually eliminate, do not rule out bring further price increases due to the silicon supply and demand tension.

at present, used in single crystal PERC battery tight supply of high quality monocrystalline silicon slice, leading manufacturers of longji, less central new capacity in 2019. At the current industry planning, capacity 2020 single crystal capacity is only about 80 GWH, according to global demand in 150 GWH and gap remains large. Soochow securities believes in single crystal silicon industry highly cyclical and single crystal permeability under the trend of rising, monocrystalline silicon slice into a new round of expansion cycle will be a big probability event, monocrystalline silicon piece of equipment the company will benefit the most.

the battery slice of photoelectric conversion efficiency is the key factor of parity on the Internet, soochow securities is expected in the future 2 ~ 3 years the PERC is still the mainstream technology route at the end of the year, the global capacity of the PERC 55 gw above, but still can't meet the demand of the follow-up of installed, so that the PERC capacity expansion will continue to maintain a certain speed, is expected to compound growth rate of nearly 60% from 2018 to 2020.

with wafers, cells, link technology change emerge in endlessly, the component side new technology revolution is gaining momentum, more than double glass technology, MBB main grid technology, half a piece of technology, the acceleration of MWT, imbricate, marked the iteration will continue to upgrade the component technology. Component technology to upgrade the key is how to decrease the cost of components, photovoltaic components encapsulation efficiency will become the future important channel to reduce costs. Imbricated components encapsulation 13% more on average than conventional components encapsulation mode cell, 20 - component can be improved 30 w power, can significantly reduce component costs, estimated in the future is expected to gradually become the mainstream.