subsidy
January 3, 2012
Solar Power in India has been growing at a rapid clip due to a number of favorable factors
1) Big Energy Deficit
2) Lots of Sulight
3) Falling prices of Solar Panels
4) Favorable government subsidies.
Indian Solar Power Capacity in 2012
Many of the small firms have been weeded out and the developers and banks have got some experience in this new solar industry.Expect 2012 to be much better and expect at leas a doubling of the solar power capacity as both phase 1 and phase 2 winners in JNNSM complete projects.Rajasthan,Gujarat and Karnataka state subsidies should also see some projects being complted
Solar Power Capacity in India in 2012 should be around 1 GW which is not bad and will make it one of the top 10 Solar Markets in the world.
January 3, 2012
The Indian Energy Sector has seen massive investments by Private Equity and Investment Banking Groups in the West.Green focused utilities like Orient Green Power and Greenko are already listed in the public markets.Big PE firms like Blackstone,Appollo and KKR has put money into Indian electricity companies as well.Despite losses and adverse conditions being faced,this sector continues to attract money.Leap Green Energy which is backed by the family of India's ace motor racer Narain Karthikeyan has got Rs 100 crore in funding from JP Morgan one of the biggest investment banks in the world.
January 3, 2012
Securitization has emerged as New Funding Model for Capital Intensive Solar Energy Projects.In India Welspun Energy which is a solar developer with a solar plant in Gujarat has managed to securitize the project.Securitization in finance refers to pooling of various cash flows generated from different assets such as mortgages,recievables etc.Note Securitization has become a dirty word in finance as subprime property mortgages in the US were sold as AAA security products.However in case of Solar Energy they may prove to be a boon.Note financing of debt has become a big problem in building solar farms.Securitization can be an ideal way forward as it spreads the risks and allows the loans to be given to solar developers.
January 2, 2012
Note Chinese companies too would have shut down but the state owned Chinese banks are keeping them alive with loans at ridiculous interest rates.LDK which is buying Sunways is almost insolvent as well with its convertibles trading at less than 50c on the dollar in Singapore.It has more than n$3 billion in debt compared to its market cap of around $600 million.It faces massive losses in the coming qtrs and can't serve the interest payments much less expand.The strong support of the Chinese government for its green companies is keeping them alive.Chinese solar panels have become super cheap due to companies selling at below cost and massive scale.Note all the cheap solar panel brands in the world are Chinese with the exception of First Solar and some Asians.
LDK has managed to spend 22 million Euros despite burning hundred of millions of dollars in cash because it has got the Chinese government trillions backing it.So while Western companies burn and crash,the big crony Chinese companies can expand and acquire.
Most of the German solar manufacturing industry is finished and it is unlikely that except a couple of them like SM Solar or Wacker will live to see 2013.Q-Cells too should go bankrupt or get consolidated .Note despite European companies shifting factories to Asia ,they just can't compete.Some of the smaller module makers with 20 MW plants have seen huge losses with the equipment not selling for 10 cents on the dollar
January 2, 2012
Gujarat solar energy has been massively promoted by the state government led by Modi which has announced numerous incentives and subsidies.The state has an ambition of becoming the Germany of solar energy in India with more than 1 GW of capacity in the next 2-3 years,but the solar energy developers has missed the deadline.29 solar companies in India now want an extension which add up to 450 MW of capacity.The 300 MW of capacity target has not even been half covered with only 140 MW installed.However the problem is that on Jan 29 2012 new feed in tariffs will be announced which will be lower.This will benefit the older developers if they get the older higher tariffs with much lower equipment prices.The State has already implemented a clear and forward looking Renewable Energy Policy with emphasis on Solar Energy.It has signed PPAs with a number of solar project developers under its State Solar Subsidy Scheme.While other states are looking mainly towards the federal subsidy scheme JNNSM to push Solar Energy Generation,Gujarat is looking to push Solar Energy on its own.Gujarat now has reportedly acquired 3000 acres at Charnaka village in Patan District which it will give to solar project developers to install solar panels.
January 2, 2012
Ladakh,one of the most beautiful hilly regions lying near the Chinese border has one of the highest potentials in generating solar power in India.Note under JNNSM,India is targeting more than 20 GW in the next 10 years and already large solar farms are coming in the desert areas of Rajasthan and Gujarat.However,Indian policy has mostly neglected the less inhabited region of Ladakh.Most of the policy initiatives have been low key in nature and mostly to provide the region with off grid solar power,solar cookers and solar lights.What has been missed is to build massive solar panel farms and connecting them with a transmission line to the power hungry states of the North.Just like Himachal Pradesh has become a masssive hydro power exporting state,Ladakh can do the same trick with solar power.
Solar Panel prices have fallen by 50% in 2011 and now solar energy can be profitably be generate at Rs 7/kwh.While this is more expensive than coal at Rs 4/kwh,the thing to be remembered is that this power value is constant for 25 years and it has no coal disadvantages which kills thousands each year.Also it increases Indias 'energy security and reduce imports of expensive coal.It also will provide more employment and generate economic value internally beside supporting the Indian construction and EPC companies.
January 2, 2012
The Chinese solar panel producers too are facing tough times with many companies running at low utilizations and almost everybody running losses.Some companies with huge debt burdens like LDK are running because of government largesse as they are effectively insolvent for all purposes.Expect more bankrutpcies in the coming year .It will take a very foolish or a very brave company to expand solar capacity this year.
Only USA Solar Installers are having a good time with below cost solar panels availabe increasing the returns and leading to massive increased.It looks like 2012 will be a good year for US solar installers who are expanding rapidly to take advantage of the falling solar module prices.Even Buffett is going all into solar development space acquiring billion dollar project in a classical case of vulture investing.
January 2, 2012
2011 has been a bad year for emerging markets with high inflation,slowing growth and rising interest rates.Most of the problems are a consequence of the 2008 Financial Crisis when emerging countries increasing fiscal spending and reduced interest rates to reduce the affect of the Lehman crisis.Now the Bill is coming due with slowing growth and higher inflation.Most of the BRIC countries have heavily increased interest rates in 2011 to slow inflation as their poor population can ill afford the damaging effect of inflation.
Brazil has reduced its 2012 Budget by $32 billion to control inflation drawing howls of protest from politicians who always want to spend more as if money grows on trees.The country has reined in spending in both 2011 and 2012 to reduce the fiscal deficit and spend more money on productive sectors like infra.
August 14, 2011
Building-integrated photovoltaics (BIPV) is integrating of photovoltaic modules into the building envelope such as roofs or windows.These solid-state devices are used to replace conventional building materials to generate electricity out of sunlight with no maintenance and help in fighting global warming as the produce no pollution.BIPV products are most useful in construction of new buildings as an ancillary source of electrical power, although existing you can retrofit old buildings with BIPV proudcts as well. The advantage of BIPV over normal standard PV panels is that they integrate into the buildings instead of sticking out leading some people to call it ugly.ALso they help in saving the amount of money spent on building materials and labor that would normally be used to construct the part of the building . These advantages make BIPV one of the fastest growing segments of the photovoltaic industry with some people estimating that the use of BIPV will increase at more than 50% annually over the next few years with more than 1 GW of BIPV modules installed in the last year.
August 1, 2011
BIPV is the acronym for Building Integrated Photovoltaics which means the integration of photovoltaic materials into building structures such as roofs,windows and facades.It not only replaces the building supplies but also generate electricity creating a killer green product.This is one of the fastest growing segment in the solar industry and it has been estimated that almost 6-7% of the solar industry is made of BIPV products.A wide variety of technologies and products are being used in creating BIPV products.Though a large number of big solar panel manufactures like Suntech,Yingli,Canadian Solar have come out with BIPV Panels and Products,the segment has not become as big mainly because of higher costs vis a vis the standard crystalline solar systems.There are also specialized BIPV suppliers such as Ascent Solar and Konarka whose products are more suited to the BIPV Industry than the normal module industry.Some of these suppliers have no option as their technology is no longer competitive with the Chinese solar panel producers.Solyndra had a niche product which could be used in rooftops with ease of installation and low weight.However the high costs drove it to bankruptcy.The next leg up to the BIPV industry should come up with more BIPV products from the Major Solar Companies and as cost of solar silicon decline further with scale and innovation
July 22, 2011
CEEG or China Electric Equipment Group Corporation is based in Nanjing, China and is a China state owned company.Chinese Solar Panels have captured more than 50% of the global market for crystalline solar panels and the biggest solar panel producers are from China.CEEG is one of the top 15 Chinese solar module manfacturers and sells solar panels under the CEEG Brand.Like its name implies the CEEG Group has a major presnse in the electrical equipment market and 3 of its 4 divisions operate in this segment.The company is also listed on the NASDAQ under the CSUN symbol alongwith a host of other Chinese panel producers like Trina,Yingli,Suntech,Canadian Solar and others.CEEG’s power transformers and PV products have been qualified for CCC, UL and EU certifications.It recently lanuched the Quasar range of high efficiency solar panels.In 2004, CEEG got engaged in the PV industry and established China Sunergy (formerly CEEG Nanjing PV-Tech Co., Ltd).CEEG has 4 solar panel production factories and 600 MW of production capacity.CEEG was originally a solar cell producer and seller before getting into the manufacture of solar panels in 2009 though acquistions of 2 small solar module producers.
July 15, 2011
Phono Solar is a JV between Phono Technologies Switzerland and Sumec Group of China.Phono’s parent company SUMEC Group has been in the PV industry from early 2004. Sumec and Sinomach family of companies claim to have $15 billion in revenues each year.SUMEC Group Corporation (SUMEC), founded in 1978, is a key member of China National Machinery Industry Corporation (SINOMACH).SUMEC’s core business consists of shipbuilding and project contracting of complete equipment and engineering; the R&D, manufacturing and export of machinery and electric products including power tools, garden tools, power machinery
Phono Solar’s three production facilities will produce more than 500MW of PV Modules in 2011.The products are widely used in many fields such as power station, telecom, transportation, lightening, broadcasting, civil defense, marine etc.The company's products are made in China and marketed by the Swiss company under the Phono Solar Brand.The Company also sells micro wind turbines which are used in small residential installations.
July 8, 2011
Solar Panels are fast becoming one of the fastest growing products for homes in the western world driven by the 75-80% reduction in the costs of solar panels in the last 3 years.The sharp reduction in the costs of solar panels has been driven by the improvement in efficiency of solar panels,increase in scale by Chinese solar panel manufacturers,solar equipment sophistication and advancements in the learning curveAlso the importance of Solar Energy keeps growing with the Fukushima Nuclear Disaster,Coal Mine Deaths,BP Oil Spill constantly reminding us the dangers of Coal,Oil and Nuclear Energy.On the other hand Solar Panels lead to no deaths directly or indirectly and are incapable of causing large scale disasters..Solar Panels these days are being made by a wide variety of manufacturers in different shapes and sizes.Different types of solar panels are also being made from different materials like silicon,CIGs,CdTe etc.Solar Panels are also finding uses in outdoor camping,boats,swimming pools,solar carports etc.Besides solar panels are also being used to power off grid systems in far off areas plus mobile phones and laptops.The advantages and uses of solar panels are growing by the day.Solar Power's greatest advantage is the declining cost which had made solar electricity from panels on par with grid retail electricity prices in places like Italy and Germany.With costs continuing to go down,its easy to see that solar panel generated power will reach the electricity prices in most places in the world in 2-3 years.
July 8, 2011
Sunlink Solar Panels are manufactured by a small company Jiangsu Sunlink PV Technology Co,.Ltd based out of China with module production capacity of 200MW.Note there are many Chinese companies of this size and a major shakeout is occuring in the industry with a number of smaller companies shutting down their production solar panel lines as prices have gone down by 40% amidst a solar module inventory glut.Some US based solar panel producers like Evergreen and Solyndra have gone out of business and many others are on the verge like Arisa Technologies.SunLink PVwas founded in 2004 and they sell 5W to 300W both monocrystalline and polycrystalline panels.They have IEC61215 Ed.2, IEC61730, UL1703 certificates.
July 8, 2011
Renewable Energy Corporation (REC ) is one of the biggest European solar companies and is completely vertically integrated.What that means is that REC makes all the components in the crystalline silicon supply chain from polysilicon to wafers to cells and modules.REC was earlier primarily a polysilicon and wafer producer but it is not becoming more active in the solar panels area.REC Silicon and REC Wafer are among the world's largest producers of polysilicon and wafers, respectively, for solar applications.This is the reason that REC solar panels are in general cheaper than other European and Japanese solar panels like Solarworld,Sharp,Kyocera and others.Due to the high cost of production,REC has shut down its factories in Norway and is mainly producing solar cells and solar modules at its new solar complex in Singapore.REC Solar has production facilities around the globe but it is concentrating its production in Asian factories.Despite stiff competition from Chinese solar panels which has led to bankruptcy of numerous solar companies in the West,REC is well capitalized and should be one of the survivors of the current solar price wars.As such the warranty on the solar panels from REC should hold good for the 25 years.
July 8, 2011
Nuclear Weapons are a massively controversial topic with the opposition towards Nuclear Weapons handily beating the supporters of these arms of mass destruction.Nuclear Weapons have been foretold as humankind killers since their development during the Second World War by USA.With the erstwhile USSR developing these nuclear weapons as well,a Cold War developed between the 2 superpowers.The War was Cold as both sides possessed enough nuclear weapons to destroy the world many times over.Despite strong arguments against nuclear weapons,most of the developed nations including the most powerful ones like USA,Russia,UK,France and China have refused to abandon nuclear weapons.There have been many movements for the complete abolition of nuclear weapons which can destroy mankind as we know it.However except for the START reduction of nuclear weapons by USA and Russia nothing much has been achieved.In fact new unofficial nuclear weapon powers like India,Pakistan and Israel have joined the Nuclear Club.South Africa too had developed nuclear weapons before abandoning the idea.Rogue nations such as North Korea are said to have developed nuclear bombs while Iran too is trying to make nuclear weapons to counter USA domination of the Middle East.
Most of the arguments against nuclear weapons are too vehement and extremist to get an idea whether nuclear weapons have any advantages if at all.A listing of facts about nuclear weapons is necessary for kids to get an idea about the dangerous cons of nuclear weapons.While there is no doubt that everyone would like to completely remove nuclear weapons from the world,there are benefits which nuclear power see in them so we need to examine them also.Unless we can analyze and correct the pros of nuclear weapons we are unlikely to get a correct solution to the these Armageddon weapons
July 8, 2011
JA Solar is the biggest solar cell producer in the world with more than 2000 MW of silicon cell capacity.The company has one of the lowest costs in processing of solar cells from solar wafers.The company is primarily a supplier of solar cells to most solar panel producers in Europe and Asia.However the sharp fall in solar panel prices in 2011 has resulted in most of the European companies shutting shop which has meant that JA Solar has faced a large loss in customer orders for its solar cells.Unlike its peer Trina and Yingli Solar,JA Solar does not have a good brand name or distribution of solar panels.It is more of a upstream supplier of solar products to solar comapnies rather than a end distributor of solar panels.JA Solar has diversified into making solar panels of its own and in partnership with other companies.Having a strong presence in the end market has become essential to survive in the cutthroad solar market.
July 7, 2011
Solar Power Plants in the USA are proliferating with the falling cost of solar energy and the increase in government support through the Treasury Grant subsidy.Thousands of Solar Jobs are being created in the USA as solar installers increase their workforce to cope with the rapid surge in demand.The crash in prices of solar panels has led to increase in demand for solar system installations.Also the state Renewable Portfolio Standard (RPS) laws which make it mandatory for utilities to source a portion of their power from green energy sources has boosted the use of solar energy.Besides rooftop solar systems,large solar power plants are being built in the USA comprising of millions of solar panels with the help of DOE loan guarantees and 1603 Grants.Not only solar photovoltaic systems,but also solar thermal power plants which use solar heat to generate power are being built.Though some of the solar thermal power plants are now being converted to solar panel power farms due to their lower costs,still some solar thermal companies like Brightsource Energy continue to build massive solar farms.The list of solar power plants in the US is a constantly moving target but here is a list of the major solar power plants in the USA as well as some of the upcoming large solar power plants.Note this list is subjective as you can't have a strict rule of solar system size to classify it a solar power plant.Also the huge number of solar installations makes it almost impossible to construct an exhaustive list of solar power plants.Here I am writing about the big solar power developers and their plans on developing large solar power plants.There are a number of smaller solar developers which I have not written about here.
July 7, 2011
Solar Panels have recently become a point of trade friction between USA and China as a massive oversupply of solar panels has resulted in the prices of solar panels dropping by almost 50% in one year.This has caused great distress amongst solar panel manufacturers in the USA particularly the high cost ones which have been forced to close.Falling prices of solar panels are great news for customers but bad news for the producers of these solar panels.Now US and European companies are selling their solar panels advertising their "made in USA" credentials.This is to help them sell the solar panels which cost more but according to them have better quality and appeal to the patriotism of the Americans.Note the 2009 Economic Stimulus which promoted renewable energy had in fact "Buy American" provisions as well as the defense law passed in 2011.This means that a small part of the solar market is reserved for US Solar Panel Manufacturers who are being besieged by the low cost Chinese solar panel producers around the world.In fact Photovoltaic Module player Solarworld (which is German) is spearheading an effort to pass anti-dumping duties against the import of Chinese based panels.So which companies have "Made in USA" label.The surprising thing is that many of the solar companies are in fact foreign mostly European and Japanese though there are a native US companies as well.Note the most successful US Solar Companies First Solar and Sunpower (now Total) have always had the majority of their production outside the US in Asia.
July 7, 2011
BYD is China’s biggest producer of Electric Vehicles and Lithium Ion batteries.The Company was made famous when Warren Buffet bought a 10% stake in the company,one of his biggest Foreign Investments.China has become the dominant leader in Solar Manufacturing from being an nobody in a short span of 5 years.Chinese producers are going to produce about 60% of the global supply this year led by companies like Solarfun,Trina Solar,Yingli Green and Suntech.BYD too has decided to throw its hat into the ring with a big bang investment.There remain little details about the $3.3 Billion Solar Investment over 5 years for which it has already gotten the financing.The company is planning to spend 22.5 Billion Yuan on Solar Energy over the next 5 years for which it has already secured financing.The company has started a 100 MW cell plant in the Shaanxi province and plans to expand to 5000 MW by 2015.BYD signed a $300 million polysilicon supply contract with LDK Solar (another Chinese solar producer).This is a huge supply contract considering the 2 year time frame.Though wafer and polysilicon prices have recently become slightly constrained recently,there is no scope for the massive shortages seen in 2008.
July 7, 2011
Solar Thermal Energy has been losing out in the last couple of years to solar photovoltaic energy which is seeing a huge increase in demand amidst very low prices.Some of the major solar thermal energy projects in the globe have been converted into solar pv installations due to its lower costs.Some of the major solar thermal energy companies like Solar Millennium have sold their solar thermal portfolios to other companies while Stirling Power Systems has gone bankrupt.Tessera has sold its solar thermal plants which had gotten DOE Loan Guarantees in California to Solar Developers who have made these solar thermal plants into solar panel ones.However there are some companies like eSolar and Brightsource Energy which are powering ahead with their technologies and projects with backing from big industrial MNC conglomerates like GE and Areva.Their Power Tower Technologies are supposedly more efficient than the mainstream parabolic toughs that are used.
July 7, 2011
Natural Gas has got a lot of press these days as massive discoveries of natural gas reserves in shale gas formations has meant that the prices have gone down substanitally and new power plants and infrastructure is being developed to use natural gas as fuel.Even as crude oil and coal prices have gone through the roof,natural gas prices have dived.This is due to the new technology being commercialized which is allowing huge shale gas deposits to be used.This has led to forecasts that natural gas will become a more important part of the energy mix in the coming days.The falling prices of natural gas has also led to declining electricity prices in the USA where shale gas development is the most advanced.Natural Gas prices have gone down to as low as $3.5/mmbtu from $8 in 2008 and experts predict that it may go down to $2.5/mmbtu.Shale Gas has its own critics who say that the shale gas deposits are much lower than being said and they deplete much faster.Environmental concerns are also being raised about the fact that it leads to poisoning of the water supplies with France banning shale gas mining completely.Natural Gas is a byproduct of Oil Drilling and in the earlier days it used to be looked upon as an irritant and burned off.But now it is being used to generate power,in chemical and fertilizer plants and also being used in some parts of power vehicles as well.Natural Gas is also used for Heating in most western developed countries and for Cooking as well.With increasing availability it is replacing coal and oil in power plants and transport now.
July 7, 2011
Solar Cells are the basic building blocks of Soar Panels and it is unlikely that most people will have to buy them or even know about […]
July 7, 2011
Oil is one of the most important commodities in the world playing an important part in some of the biggest industries like chemicals,transport,power,petrochemicals etc.The high energy density and easy availability have made mankind almost completely dependent on oil for most of his needs.Almost all of the world's cars run on petrol /gasoline which is derived from crude oil.Despite new evidence that burning oil leads to massive pollution and greenhouse warming nothing had been done to prevent its usage growth.In fact each year billions of barrels of oil are burned to power cars,ships,trains etc.Some countries use oil to power electricity as well though that has been decreasing as oil prices have increased substantially in recent years.The massive oil dependency has been decried by politicians for a long time but little has been done to reduce it.Powerful oil lobbies run by massive industrial conglomerates like Exxon,Chevron,BP etc. have managed to kill legislation which would reduce the subsidies to the fossil fuel industry.The BP Oil Spill after creating a massive hue and cry has faded from the public mind and its now business as usual for the Oil Industry.The only way Oil usage can be reduced it seems is when the world runs out of oil and the prices become too high for most people to use it.
July 7, 2011
Photovoltaic Module demand has increased by more than 50% each year in the last decade as solar panel costs have gone down sharply by almost 80% in the last 4 years alone as scale and technology have improved.Photovoltaic Modules are a combination of solar cells which generate electricity when light strikes them.Photovoltaic is the name given to this process where electrons are released when photo or light transfer its energy to the solar cells.The following article covers a large amount of literature on Photovoltaic Modules from its costs to selling prices as well as the efficiency of the Photovoltaic Module which affects the Energy Output.There are hundreds of Photovoltaic Module Manufacturers but only a few major ones.There are reviews on the major Photovoltaic Module Suppliers and Market as well.
July 7, 2011
Japan was the largest solar market in the world till 2004,after which it was overtaken by Germany.The huge domestic market gave rise to Japanese companies like Sharp,Mitsubishi,Kyocera,Panasonic-Sanyo become top solar panel producers in the world.Mitsubishi the Japanese conglomerate with diversified global interests has a big presence in solar and wind energy as well.The company is known for its high quality panels and has a decent presence in USA and Japan.Mitsubishi is a part of the consortium which is looking to set up huge solar power plants in Thailand as well.But now with Japan reaffirming it commitment to renewable energy and on track to kill nuclear energy,Mitsubishi is turning its focus towards the domestic market.Mitsubishi is planning to set up a number of solar power plants in the country to take advantage of the Japan solar Feed in Tariffs which will be introduced soon
July 6, 2011
Polycrystalline silicon or Polysilicon( poly-Si or "poly") is a material consisting of multiple small silicon crystals.The difference between Silicon Metal and Polysilicon is that Poly is highly pure form of silicon and is much costlier.Polycrystalline silicon can be as much as 99.9999% pure (also known as 4N pure,the 4 denotes the number of 9s after the decimal point).Polysilicon was primarily used by the semi industry till 5-6 years ago and the electronic industry used 9N pure polysilicon.The Solar Industry which has become the main user of polysilicon nowadays can do with 6N pure poly.
Polysilicon is refined to single crystal polysilicon before it can be used by the semiconductor industry.However solar cells can be made even from multicrystalline polysilicon.Monocrystalline solar cells on the other hand are made of single crystal polysilicon and have higher efficiency than those made from multicrystalline polysilicon.Polycrystalline cells can be recognized by a visible grain, a “metal flake effect”. Semiconductor grade (also solar grade) polycrystalline silicon is converted to "single crystal" silicon – meaning that the randomly associated crystallites of silicon in "polycrystalline silicon" are converted to a large "single" crystal.
July 6, 2011
New Solar Panels and New Scientific Breakthroughs in Solar Technology it seems are reported every month.But Solar Energy is still not competitive with Fossil Fuel Energy despite its obvious advantages.The costs of Solar Energy are declining quickly but they remain still some way from being on par with the dirty forms of energy like Coal.The reason for all these new exciting technologies which are reported in newspaper not being able to bring a fundamental change in the energy scenario is that the costs are too high.Bringing a new solar panel technology from the lab to the factory takes a lot of time and effort.During this time the incumbent technology like crystalline solar technology keeps advancing due to the massive global R&D dollars that are spend and the rising scale.This had made many new startups in solar technology like Solyndra ,Spectrawatt and others bite the dust.You can read about the large number of solar failures in the first wave of thin film solar bankruptcies .
July 6, 2011
Solar Shingles are niche solar products meant for use on roofs of houses.There are not a lot of manufacturers of solar shingles as they are a new product and more difficult to install than standard silicon solar panels.Solar Shingles are manufactured by mainly American companies like Dow,Energy Conversion Devices.Their high costs and lack of easy availability has meant that solar shingles have not really caught the imagination of the customers.Also Solar Shingles do not get any added subsidy from the government vis a vis Solar Panels.Thus the higher prices of electricity generated from solar shingles means that they have become a poorer cousin of the mainstream Solar Panels.Also Solar Integrators are more accustomed to buying and installing solar panels which makes it even more difficult to push the sale of solar shingles.
July 6, 2011
Solar Frontier is a Japanese company which was earlier known as Showa Shell Solar .The company joined the rank of major solar companies once it started the new 900MW “Kunitomi” production plant in Miyazaki.Note only is the company started big in production,it is rapidly signing deals around the globe in India,Middle East and America..The Company has recently signed Two Deals with 2 Global Heavyweights GE and IBM.It has signed a distribution deal with GE to sells its Copper Indium Selenide (CIS) Panels in USA while GE would provides the Balance of Systems components like inverters etc.It next signed a deal with IBM to jointly develop Copper Zinc Tin Sulfure Selenium (CZTS) Thin Film Technology.Note IBM is one of the biggest Technology Innovators and Solar Frontier has a long Thin Film History.