Peng Xiaofeng: to make solar power cheaper than wind power

"We started with an annual output of 15,000 tons of silicon material, is to further reduce the cost of silicon. As long as the silicon chip prices down, photovoltaic components to price cuts and our short-term goal is to photovoltaic power generation costs to an absolute wind power Under. "Yesterday, LDK Solar Peng Xiaofeng, chairman of the company said.

Peng Xiaofeng told reporters that the current solar cells 70 to 80 percent of the cost of silicon and silicon chip in 70 percent of the cost of materials from silicon. Although the company has always been to ensure that a silicon material stocks, but taking into account the future to further reduce the cost of silicon, the company must extend to the upper reaches. "We have already begun reserves silicon materials personnel, and prior to listing has such planning." Peng Xiaofeng said that at present, foreign enterprises are large-scale silicon material in the 10,000-ton do the project, but also more than 1,000 tons of domestic projects . If not on the same level of the project, the cost to the future with the rival competition. Earlier, LDK Solar in silicon project has shown simultaneously with the international ambitions. According to Peng Xiaofeng said at the end of this year, the company's silicon wafer production capacity will reach 400 MW, 2008 the end of 800 MW, 2009 the end of 1600 MW. "As the scale of our silicon materials can be substantially reduced cost, together with electricity, manpower and raw materials such as the cost advantage, we can pull down silicon material prices, competition with foreign manufacturers and our short-term goal is to photovoltaic Electricity costs down to less than wind power. "Peng Xiaofeng said.

Source: 中国证券报 Aug. 23, 2008

Day4 Energy development of new highly efficient solar cells

According to Technology Review website reported, Day4 Energy companies found a new method, by changing the traditional method of manufacturing solar panels, solar power can reduce the cost of 25%.

The company said that the new invention of electrodes with such a re-design the structure of the combination of solar cells, solar panels that can absorb more sunlight, at a higher voltage operation and improve the efficiency of the polysilicon solar panels, The original 14% to 17%. With the increase efficiency, Day4 the solar panels can be compared to the traditional panel have a greater energy, but their cost is the same. It is estimated that the traditional solar cells and four U.S. dollars compared to the cost of power generation, such per watt of solar power generation cost of about three U.S. dollars.

The company said, Day4 technology products will be carried out within 18 months of sales.

Source: SEMI Aug. 19, 2008

Canadian Solar Inc. Second-quarter earnings reported net profit of 212.6 million U.S. dollars

Photovoltaic system developers Canadian Solar Inc. (CSI) second quarter financial statements show that, by June 30, 2008 the company realized a net profit of 212.6 million U.S. dollars, compared with the same period last year 060.4 million U.S. dollars. Company net income of 010.5 million U.S. dollars, earnings per share 0.36 U.S. dollars, compared to less than the same period last year 002.9 million U.S. dollars, earnings per share 0.11 U.S. dollars.

The first half of fiscal 2008 the company reported net income of 029.5 million U.S. dollars, 101 million U.S. dollars net income per share, compared with the same period last year fell 0.0672 billion U.S. dollars, earnings per share 0.25 U.S. dollars, the 2008 first half net profit amounted to 3.8382 billion dollars, year-on-year Growth of 077.9 million U.S. dollars.

Canadian Solar Inc. chief executive chairman, Qu Xiaohua, said: "This quarter, the company is an important moment." We marked five consecutive quarter of profit growth, while profit also increased accordingly.

Source: 硅业在线 Aug. 15, 2008