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1、Slide1 E A C Source: World Energy Agency Chinas renewable energy demand only accounting for 1% by 2030 and solar PV for electricity generation expected to be mainly utilized in costal region Chinas primary energy demand, 2005-2030 (Mtoe*) Incremental electricity generation by fuels in Chinas costal
2、region, 2005-2030 (TWh) 1,742 63% 21% 19% 63% Coal Biomass Oil 13% 2% 2% 0.8% 0.2% 66% 19% 13% 3.6% 2% 1% 0.4% 2,851 6% 5% 2% 2% 1% Gas Hydro Nuclear Other renewables * Mtoe: Million tonnes of oil equivalent 3,819 Nuclear 2005-2015 2015-2030 2005-2015 2015-2030 2005-2015 2015-2030 2005-2015 2015-203
3、0 2005-2015 2015-2030 2005-2015 2015-2030 2005-2015 2015-2030 CoalOil Gas HydroBiomass Other renewables 1,078 1,684 0-9 63 182 70 133 10 15 3 2728 53 Other renewables: Wind, Geothermal, Solar, Tide and wave Solarphotovoltaicswillgrowmuchmore rapidlyand80%ofgenerationfromsolar photovoltaicslocatedinc
4、oastalregionof China Slide2 E A C 10% 90% 10% 90% Chinas solar energy sector is still immature, and it heavily relies on overseas market. Chinas interdependence to overseas marketChinas solar energy sector Overseas market Domestic market Raw material Source: China Association of Resource Comprehensi
5、ve Utilization, NDRC Sales of products Chinasphotovoltaicsectorhighlyrelyonoverseasmarketin termsofthepurchaseofrawmaterialandsalesofproducts. Chinausedtohavemorethan500enterprisesand100thd. employeesinphotovoltaicsector.However,therearemorethan 300enterprisesgointobankruptcy,asglobaleconomic recess
6、ionleadingtolowerpriceofnon-renewableenergyand decreasedinternationalorders. Resource potential Totalsolarradiationperunitareaofover5,000MJ/m2 2/3ofChinasterritoryenjoysover2,200hoursofsunshine annually,speciallyinwesternChina National policies (for renewable energy) establishingsustainableandstable
7、marketdemand improvingthemarketenvironment settingrenewablepowertariffandcost-sharingpolicies increasingfiscalinputandtaxincentives Acceleratingtechnologyimprovementandindustry development Slide3 E A C Grid-connected solar PV power station, solar thermal power station Source: NDRC, China Association
8、 of Resource Utilization SolarPV:150MWinruralareasby2010and300MWby2020. Building-integratedgrid-connectedPV(BIPV):50MWby2010and1GWby2020. Large-scale,grid-connectedsolarPVpowerstations:20MWby2010and200MW by2020. Solarthermalpowerstations:50MWby2010and200MWby2020. SolarPVapplicationincommercialfield:
9、30MWby2010and100MWby2020. China expected to expend the application of solar energy by 2020, the installed capacity will be 1,800 MW. Targeted capacity of Chinas solar energy sector (MW) 17% 23% 10% 300 1,800 56% 22% 5% 17% 50% Commercial fields BIPV Solar PV Installed capacity of photovoltaic, 205-2
10、007 (MW) 70 80 100 Chinabeingwithlesserphotovoltaicapplicationcomparingwithother countriesintheworldin2007,totalinstalledcapacityof100MWonly accountingfor0.8%ofglobalmarket. Slide4 E A C By 2030, developing countries taking up 30% of the electricity generation by solar. And China will further increa
11、se installed solar capacity to 9 GW. Expected Electricity Generation by solar, 2015Expected Electricity Generation by solar, 2030 World Developing countries 8% 92% 30% 70% 37 TWh in total Source: World Energy Agency 161 TWh in total China By2030,Chinawillhavesolarcapacityof9GW,whichaccountsfor0.8%of
12、renewableand non-renewableenergy. Bythesameperiod,theanticipatedelectricitygenerationbysolarenergywillbe 15TWh,whichtakesup0.2%oftheelectricitygenerationbyrenewableandnon-renewableenergy. Slide5 E A C Yingli Solar Legal form:Private Listing year:2007(listedinUS) Net revenue 2008:approx.RMB7.6bln. Ne
13、t revenue 2007:approx.RMB4.1bln. Business scope: Manufactureof multicrystallinepolysiliconingots wafers Photovoltaic(PV)cells PVmodules PVsystem PVsysteminstallation Geographic location: Company background: havingprojectsinEuropeandChinaoverthepastfew years,suchas,in2002,ChinaNationalBrightnessProje
14、ct cooperatedwithSolar-EnergiedachGmbHNLinthedesign andinstallationofa1MWPVsystemcoveringtheroofofthe KaiserslauternsoccerstadiuminGermany; In2006,Yinglisigneda42MWcontractwithAccionaEnergy tohelpbuildtheworldslargestsolarplantinMoah,Portugal Key FactsLocation TheGreaterMurciaMunicipalityconstructed
15、foursolar powerplantslocatedatLaAlcayana,ElCanarico,Los ValientsandElCarche.AndSuntechSolarModulesare usedtopower4,700homesinMurcia,Spain. WanChaiTower,inHongKong,featureslargeSuntech LightThrumodulesattheentranceandSuntechLightThru modulesonseveralofthefloorsofthebuilding. Key FactsLocation & Compa
16、ny Background Wuxi, Jiangsu Source: annual report Slide8 E A C Development of Organization Source: annual report Product & Service Overview Suntech Power Solar cells Monocrystalline panelsSemi-Shade TM Chinas first monocrystalline silicon production line Production capacity of 150 MW, ranking 8th in
17、 the world Acquired Japanese company - MSK Production capacity of 300 MW, ranking top 3 in the world Establishment of European subsidiary Establishment of Suntec Power YingLi Milestones Oct, 2007 Aug, 2006 Feb, 2008 Jan, 2007 Dec, 2006 Dec, 2005 Suntech Milestones Dec, 2003 Sep, 2001 Establishment o
18、f US subsidiary Establishment of South Korea sales office Slide9 E A C LDK Solar Legal form:Private Listing year:2007(listedinUS) Production capacity:580MW(Mar.2008) Planned production capacity:2GW(Dec.2009) Net profit: USD199.4mio. (1H2008) Business scope: Manufactureof ingots Multicrystallinewafer
19、s Monocrystallinewafters Geographic location: Company background: StrategicrelationshipswithworldclassPVequipment manufacturersGTSolar(USA)HCT(Switzerland),support LDKonequipment,processandtechnology. CooperatewithShanghaiJiaotongUniversityformed “ShanghaiJiaotongUniversity-LDKSolarR&DLab” engagesin
20、industryleadingorLDKR&Dprojects. CooperatewithNanchangUniversityformed“Nanchang University-LDKSolarResearchCenter”,researchinprojects suchaswaferpurification,crystallizationimprovement,and wirebreakagereductionetc Key FactsLocation & Company Background Xinyu, Jiangxi Source: annual report Slide10 E
21、A C LDK Solar Development of Organization Source: annual report Product & Service Overview Ingots multicrystalline wafers Monocrystalline wafer Wafers YingLi Milestones Aug, 2006 Oct, 2005 Feb, 2007 Aug, 2006 Apr, 2006 Jul, 2005 LDK solar Milestones Establishment of LDK Solar Set up Shanghai Jiao To
22、ng University LDK Solar R&D Lab LDK cut off multicrystailline wafers with 200um. Awarded “RED HERRING ASIA 100 company” Set up Nanchang University LDK solar R&D Center Produced first multicrystalline wafer Slide11 E A C Trina Solar Legal form:Private Listing year:2006(listedinUS) Revenue 2008 (1H):
23、USD325mio. Production capacity 2008(E):350MW Business scope: Manufactureof ingots Multicrystallinewafers Monocrystallinewafters Solarcells Modules Geographic location: Company background: Market:Mostofthesolarmodulestocustomerslocatedin Europe(GermanycontinuestobethemajormarketforTrina Solar)whileTr
24、inaSolaralsotargetatemergingPVmarkets suchastheUnitedStates,FranceandSouthKorea. R&D:R&Ddepartmentisdividedintoteamsresponsiblefor researchofeachstageofthesolarpowervaluechain,such asingot,wafer,solarcellandsolarmoduleproductionand systemintegration.TrinaSolaralsohasatechnology committee,whichmeetsr
25、egularlytoreviewcurrent developmentprogressandidentifynewR&Dareas. Key FactsLocation & Company Background Changzhou, Jiangsu Source: annual report Slide12 E A C Trina Solar Development of Organization Source: annual report Product & Service Overview YingLi Milestones2006 2000 Feb, 2007 20052004 1997
26、 LDK solar Milestones Establishment of Trina Solar Developed first BIPV house in China Trina Solar set up its first mono-crystalline ingot facility. Listed in US Obtained ICIM Certification Trina Solar began module production. IngotsWafersCellsModules Slide13 E A C Solarfun Legal form:Private Listin
27、g year:2006(listedinUS) Net revenue 2008: RMB5bln. Gross profit 2008: RMB43.9mio. Total assets 2008:RMB5bln. Business scope: Manufactureof Ingots Wafers Solarcells(mono,poly) Modules(Mono,Poly) Geographic location: Company background: R&D:Inadditiontoproductadvancements,Solarfunis dedicatedtooptimiz
28、ingqualityandvalue.Recentexamples ofthisincludetheconversiontoIn-Lineetchingusing advancedLaserandChemicaltechniques,allowing Solarfunscellstoachievehighersunlightabsorptionand lowercurrentleakages. Key FactsLocation & Company Background Qidong, Jiangsu Source: annual report Slide14 E A C Solarfunis
29、activethroughoutEurope,andMunich,Germanyisthe homeofSolarfunPowerDeutschlandGmbHandSolarfuns EuropeanHeadquarters. SolarfunsSpanishSalesSubsidiary,locatedinBarcelona,Spain, provideslocalsalesandafter-salesservicetoourcustomersinthe IberianPeninsula. SolarfunSolarfunPowerUSA,inadditiontomeetregional
30、requirements,providesfullyULandc-ULcertifiedSolarfun modulesandisrapidlyexpandingtheinstalleranddealernetwork acrossNorthAmerica. Solarfun Overseas Service Regions Source: annual report Product Overview Cells Modules Slide15 E A C Topunive Legal form:Private Establishment: 2004 No. of production lin
31、es:9 Revenue 2005: RMB129mio. Total assets 2005:RMB51mio. Business scope: Manufactureofsolarproducts Solarmodules Solarlights BIPVproducts Geographic location: Company background: Topunivelaunchedaseriesofmarket-orientedflexible products.WithalltheproductsareCEandFCCand TUV,ECapproval. Topunivesprod
32、uctshavebeensoldtomanycountries andregionsofEurope,American,Australia,Middle east,SoutheastAsia,ChinamainlandandTaiwan, etc. Key FactsLocation & Company Background Xiamen, Fujian Source: annual report Slide16 E A C Topunive Product Applications Source: annual report Major Products Overview Solar mod
33、ules Solar street light Solar charger Solar camping light Solar street light, China Solar cells, United States Solar traffic light, China Slide17 E A C Topunive Legal form:Private Establishment: 2004 No. of production lines:9 Revenue 2005: RMB129mio. Total assets 2005:RMB51mio. Business scope: Manuf
34、actureofsolarproducts Solarmodules Solarlights BIPVproducts Geographic location: Company background: Topunivelaunchedaseriesofmarket-orientedflexible products.WithalltheproductsareCEandFCCand TUV,ECapproval. Topunivesproductshavebeensoldtomanycountries andregionsofEurope,American,Australia,Middle ea
35、st,SoutheastAsia,ChinamainlandandTaiwan, etc. Key FactsLocation & Company Background Xiamen, Fujian Source: annual report Slide18 E A C Topunive Product Applications Source: annual report Major Products Overview Solar modules Solar street light Solar charger Solar camping light Solar street light, C
36、hina Solar cells, United States Solar traffic light, China Slide19 E A C CSE Legal form:Private Establishment: 2005 Revenue 2007: RMB17mio. Total assets 2007:RMB32mio. Business scope: Manufactureofsolarproducts Solarpanel Solarlights LEDlight Geographic location: Company background: Chinaseasun(Beij
37、ing)NewEnergyPowerProjectCo., Ltd.isahigh-techenterpriseofenergytechnologywith aregisteredcapitalofRMB22million.Itisprimarily engagedinsolarphotovoltaicgeneratingandgreen LED-basednewenergyindustries,replyingontheNew EnergyResearchInstituteofBeijingJiaotong University,SemiconductorsInstituteofCAS,Ca
38、nada QueenUniversityandotherresearchinstitutes. Key FactsLocation & Company Background Beijing Source: annual report Slide20 E A C CSE Product Applications Source: annual report Major Products Overview LED Light Solar street light Solar street light LED light, Solar cell Slide21 E A C Dalian Lumingl
39、ight Legal form:Private Revenue 2005: RMB660mio. Total assets 2005:RMB653mio. Business scope: Manufactureofluminescentproducts Streetlights Handicrafts Photoluminescentpigment Luminescentmarks Geographic location: Company background: DalianLuminglightwonover40patentsandproducts areexportedtoover40co
40、untriesandregions.Its productshavebeenwidelyappliedtoindustriesof construction,decoration,transportation,military, firefighting,consumablesandhandicrafts.Andthe companyhasalsoestablishedgoodrelationshipwith multinationalenterprisesworldwide,suchas, Pentagon,Boeing,etc. Key FactsLocation & Company Ba
41、ckground Dalian, Liaoning Source: annual report Slide22 E A C Dalian Luminglight R&D of Products Source: annual report Major Products Overview Photoluminescent pigment Luminating marks LED street light Luminescent arts and crafts R&D center Slide23 E A C Yankon Legal form:Private Listing year: 2000
42、Revenue 2008: RMB947mio. Total assets 2008:RMB2bln. Business scope: Manufactureof Lightsource Ballast T5Luniaire Indoor&outdoorlamp Geographic location: Company background: Yankonisoneoftheenterpriseswhichobtainedthe selfimportandexportrightsatearliest.Itsproducts haveobtainedseriesofinternationalst
43、andard certificationssuchasUL,FCC,VDE,CE,GS,TUV, CSA,certificatesoffiveNorthEuropeancountries,etc. Key FactsLocation & Company Background Shangyu, Zhejiang Source: annual report Slide24 E A C Yankon R&D and Production Line Overview Source: annual report Major Products Overview Lawn lampTable lamp La
44、mp house testing center Production line of T5 lamp tray / grid Electric saving lamp line T5 lamp-house auto line Bulb Yard lamp Slide25 E A C FANGDA Legal form:Private Listing year: 2002 Turnover 2008: RMB784mio.(forthegroup) Total assets 2008:RMB1.3bln.(forthegroup) Business scope: Manufactureof LE
45、Dlighttubes LEDs LEDchips Indoor&outdoorlamp Geographic location: Company background: FangDahasbuiltupitsownproductionchainfrom wafertochiptolightingproductsprocessing. IthasobtainedISO9001:2000qualitymanagement, andmostofledproductshavepassedCE、ROHS andULcertificates,etc. Key FactsLocation & Company Background Shenzhen, Guangdong Source: annual report Slide26 E A C FANGDA Product Applications Source: annual report Major Products Overview LED street lightLED lamp Citigroup Building Open-air square Ice sculpture show TV station LED screen LED module