The 30 largest engineering, procurement and construction (EPC) companies in the global photovoltaic (PV) industry installed 30% of the world's non-residential PV capacity in 2013, up 5pp from 2012, according to IHS.
"We see integrators in the US and China rapidly executing very large pipelines, which accounts for some of the notable growth last year," said Josefin Berg, senior analyst for solar demand at IHS.
In a global market where non-residential PV additions climbed 20% during the past year, a company like China's TBEA Sun Oasis quadrupled its installations to approximately 1GW-enough for the integrator to come in at second place. TBEA was surpassed only by number one Arizona-based First Solar, which had doubled its installation capacity in non-residential markets to more than 1.1GW.
Overall, the share of the 30 largest integrators in the non-residential solar market was up from 25% in 2012.
Nine of the world's top 10 entities are China- and US-based integrators that actively pursue large utility-scale projects, mainly conducted in their home markets. Growing local opportunities will propel these leading companies to gain further market share.
The only Europe-based integrator among the top 10 in 2013 was Abengoa of Spain, which is pursuing opportunities in the US to build up installations worth 260MW.
IHS said it predicts that this trend will continue in 2014 as China and North America maintain their momentum as the markets to watch for large utility-scale PV.
The firm also said currently under construction in the US are at least 2.5GW worth of projects larger than 20MW, and plans for another 2.1GW are afoot in China. Globally, 123 projects larger than 20MW are also being built elsewhere besides the two countries, amounting to some 7.6GW in total. The progress of these projects will significantly impact the EPC ranking in 2014, but First Solar's current construction of 770MW is likely to allow the integrator to keep its position within the top three.
The true meaning of this announcement is not the "acquisition", it is a joint venture with Shenzhen S.C. New Energy Technology Corporation. Shenzhen S.C. is a strong solar equipment manufacturer, with 50% of it's employee is doing the R&D work.
My guess is that Shenzhen S.C. may get some TSL stock shares.
In what Chinese state media claims is an effort to boost government transparency, China unveiled new rules regarding state secrecy and public information late Sunday, Reuters reports.
The new rules are ostensibly to limit the amount of information being withheld from the public with the excuse that it is a state secret. According to the official news agency Xinhua, government officials “must not define as a state secret information which by law ought to be public.” The guidelines come into effect on March 1.
However, civil servants have been left to guess what ought to be public information and what should remain covered up, as the new rules are arguably as vague as the state secrecy laws they are supposed to curtail.
Beijing has recently come under pressure to be more open on matters with no obvious connection to national security, such as the environment. China’s state secret laws are notoriously far-reaching, covering everything from national defense to cultural affairs and pollution figures.
I would guess Chinese rare earth miner need to spend more to guard against the pollution problem and the price will move up. It should be positive news for MCP for the coming year.l
FE has quite large capacity of Coal powered plant. Clean energy is a top issue nowadays. People should be sensitive to hold FE stock.
First Solar (FSLR) announced today that the company has begun construction on Phase I of the Barilla Solar Project in Pecos County, Texas, west of Fort Stockton. The 22 megawatt (MW)AC project is expected to begin commercial operation in mid-2014.
“The Barilla Solar Project demonstrates First Solar’s capability to rapidly develop, construct and commission a solar project offering clean, reliable energy at competitive rates to the market when and where it is required,” said Tim Rebhorn, Senior Vice President of Business Development for First Solar.
Can any other solar company build a solar power station and connecting to the grid in just around six months ?
At the end Today, it shows over 7M shares volume traded. The floating shares is only 25.9M, the ratio is extremely high. It looks like caught the attention of many investors.
Jaso now has new CFO & COO with lowest debt/equity ration. Any good news should cause the PPS to jump very big. Wait to see how the new management perform and report.
The First Solar TetraSun Module is designed for applications where space is at a premium or customers prefer a high-power density solution. With a proprietary cell architecture and manufacturing process, our crystalline modules offer one of the industry’s highest power ratings and lowest temperature coefficients, resulting in superior energy density in space-constrained installations. With lower installation costs, faster installation times, and greater system revenues, our crystalline modules will deliver unparalleled value for our customers. Production of First Solar’s TetraSun modules will ramp in the second half of 2014.
First Solar TetraSun Module Features:
•Proprietary cell enables efficiencies over 21% and module designs with superior power density compared to standard crystalline silicon
•Streamlined manufacturing process versus other approaches to high-efficiency reduces complexity and improves product consistency and performance ◦Manufactured using high-purity, large form factor (156mm) n-type wafers with higher efficiencies than p-type mono-crystalline cells due to a higher minority carrier lifetime
◦Copper-plated metallization induces minimal stress on wafers, improving mechanical yield and reliability
•Superior energy harvest compared to standard crystalline silicon technologies ◦Lower temperature coefficient (-0.3%/ °C) results in superior energy production compared to standard crystalline technologies (typical -0.45%/°C)
◦No light-induced degradation
◦No potential-induced degradation
Goldman does not think this product can take big market shares? Let see... what will happen...
Goldman use the excuse that FSLR has no exposure to RoofTop market.
I agree RoofTop will become more important a few years later after solar Cell efficiency increase.
FSLR know it, TetraSun product is coming out in the second half of this year, just in time to catch the market need. Goldman's comment is a joke.
I think a good entry to add some FSLR shares.
TetraSun Module Features has been published at the FSLR's website under "Technologies & Capabilities/Advanced PV Modules" for a while. It should be a hot topic in Q4/2013 CC. At it mentioned "Production of First Solar’s TetraSun modules will ramp in the second half of 2014."