Shi Zhengrong: Solar Cell Prices Will Drop 50% Within 10 Years

Shi Zhengrong the richest man in China's energy recently in the "China International Industrial Fair," said the large number of companies to enter China's photovoltaic industry, so that the industry upstream products polysilicon demand, prices rose, but the homogenization of competition will result in , 10 years after the silicon chip prices fell half. At the same time, in his view, the real competitor is the solar thermal power generation and other traditional industries, rather than the same trade between the escalating price war.

Shi Zhengrong that, in order to make the prices of end products batteries can be declining, the need for technological innovation and transformation equipment. And technological innovation, is the use of thin film battery, which is the original 300-battery-for-2 to 3 microns for even thinner battery, so not only cost savings, could also apply to a wider range of industries. If the film battery with the existing mature cells polysilicon conversion rates, namely 15 percent over the next film battery market will be dominated.

Source: 电子元器件产业网 Jul. 8, 2008