SPV 2006 - Solar Photovoltaics Report - Edition 4

Abstract

Introduction

• This report contains the most recent PV market data to the end of 2005
• Planned production capacity for PV cells and modules to 2010 show a huge leap
• Corporate highlights and significant developments in 2005/2006
• Expansion and consolidation of the leaders
• The withdrawal of two leading players
• Survey of cell and module producers
• Reports on silicon feedstock production and producers
• Report on feedstock shortage which is now threatening production and future capacity
• Outline of alternative feedstock materials in the pipeline
• Survey of silicon recycling, with analysis of companies involved

Key Findings

• Consolidation of Japan and Germany as leaders, with the USA challenging again
• The rise of Germany challenges Japanese dominance of the PV market
• The dramatic emergence of China as a world player, with ambitious expansion plans for Solar PV
• Is China set to become the most powerful competitor in the global market?
• The silicon shortage is evaluated and the future outlook discussed
• The withdrawal of Shell Solar from the silicon cell business and RWE from the solar PV sector
• Continued entries of large Japanese corporations into the solar market
• Big plans for these Japanese companies, with large production expansion
• At least five companies have staked their position to become the "world leader"
• SolarWorld in a prime strategic position with takeover of Shell Solar silicon cell business and partnership with REC silicon producer

Reasons to buy

• Gain insight in to this rapidly expanding global market
• Understand how to position your business in this developing market
• Look at opportunities in a market of consolidation and dramatic change

Table of Contents

1. Executive Summary

• Japan
• USA
• Europe
• Germany
• Rest of the World
• China
• Outlook

2. Introduction to Solar Photovoltaics

• Solar energy
• Solar thermal
• Solar photovoltaics
• Solar cell materials
• Conditions of use of solar PV cells
• Solar insolation
• Cold weather
• Cloud conditions
• Isolated generation
• PV and the environment

3. Applications of Solar PV Technology

• Simple PV systems
• Buildings as energy systems and collectors of solar energy
• PV with battery storage
• Balance of system: storage
• PV with generators
• PV connected to utilities
• Utility-scale power
• Hybrid power systems
• Distributed generation

4. PV Industry Value Chain

• Feedstock
• Ingot and wafer production
• Thin film
• Solar cell and modules
• Balance of system (BOS)
• Vertically integrated companies

5. Photovoltaic Feedstock - Silicon

• Production of polysilicon in 2005
• Future demand and supply
• Cost pressure on feedstock process
• Silicon prices
• The raw polysilicon feedstock manufacturing process
• Electronic grade silicon producers
• Dedicated photovoltaic grade silicon production
• Thin film
• New developments
• Silicon recycling
• Companies involved in recycling silicon
• Silicon recycling future development

6. Installed Solar PV Generating Capacity

• Germany
• Japan
• United States
• China
• India
• Austria
• Italy
• France
• Spain
• Netherlands
• Australia
• Canada
• Mexico
• Korea

7. Installed Solar PV Capacity Projection to 2010

8. Production of solar PV cells

• Production capacity MW

9. Manufacturers of Solar PV

• Solar photovoltaic manufacturers

10. National Solar Industries and Company Profiles

• Japanese production
  • Production of silicon feedstock, ingots and wafers for solar cells
  • Manufacture of solar cells and modules
• Japanese companies, the market leaders
  • Sharp Corporation
  • Kyocera
  • Sanyo Electric Company
  • MSK Corporation
  • Mitsubishi Electric
  • Mitsubishi Heavy Industries
  • Kaneka Solartech
  • Canon
  • Fuji Electric
  • Hitachi
  • Honda
  • Matsushita Ecology Systems
  • Showa Shell Sekiyu
  • Kobelco (Kobe Steel)
  • Housing construction companies
  • Daiwa House
  • Misawa Homes
  • Sekisui Heim
  • PanaHome Corporation
• Silicon feedstock
  • Tokuyama Corporation
• United States production
  • Production of silicon feedstock, ingots and wafers for solar cells
  • Production of photovoltaic cells and modules
• USA companies, the market leaders
  • BP-Solar (formerly BP Solarex in the United States)
  • Shell Solar (USA-formerly Siemens Solar Industries
  • Schott Solar (formerly RWE Scott, and previously ASE Americas)
  • GE Energy
  • Evergreen Solar
  • First Solar LLC
  • SunPower Corporation
  • Ebara Solar
  • Solec International
  • United Solar Systems Corporation (USSC)
  • EPV Energy Photovoltaics Inc
  • Amonix
  • Entech
• Germany
• German production
  • Production of silicon feedstock, ingots and wafers for solar cells
  • Production of cells and modules
• German companies, the market leaders
  • SolarWorld AG
  • Schott Solar (formerly RWE Schott Solar)
  • Q-Cells AG
  • ErSol
  • Sunways AG
  • Wurth Solar GmbH
  • Photovoltech
• Spain
  • Isofoton
  • Atresa
  • BP Solar Espana
• France
  • Photowatt International
  • Free Energy Europe S.A
  • Solems S.A.
• Italy
• Denmark
• Netherlands
• Norway
• Austria
• Sweden
• Portugal
• Belgium
  • Photovoltech
• Switzerland
• United Kingdom
• China
  • Suntech Power Co Ltd
  • SunOasis Ltd
  • Baoding Yingli New Energy Resources Co Ltd
  • Shanghai Solar Energy Science & Technology Co Ltd
  • Nanjing PV-TECH Co Ltd
  • LDK Solar Hi-Tech Co Ltd
  • Other solar PV companies
• Taiwan
  • Motech Solar
  • Sinonar Corp
  • E-TON Solartech Co Ltd
  • Green Energy Technology
• Australia
• Canada
• Korea

11. Products

• Future trends

12. Policy Landscape for Renewable Energy

• Policy targets for renewable energy
• Support systems in the EU
  • Feed-in tariffs
  • Green certificates
  • Pure tendering
  • Tax incentives
  • Mixed systems

13. Support Programmes for Solar Photovoltaics

• US Federal and State incentives
  • SEIA Roadmap
  • Photovoltaics technology plan
  • Fundamental research
  • Advanced materials and devices
  • Technology development
  • Objectives of the programme
  • Near-term goals
  • Long-term goals
• Japan
  • Prices
  • R&D Strategies
  • Long term targets after year 2010
  • Subsidy programme for residential PV systems
• Europe
• Germany
  • Industry support
  • National programme for consumers
  • Research, development and demonstration
  • Crystalline Silicon (Basic material R&D - cell and module development)
• Finland
• France
  • Future development
• Italy
• Netherlands
  • Research and development
• Norway
  • Research and development
• Spain
  • Research & development
• Switzerland
  • Research, development and demonstration
  • Implementation
• United Kingdom
  • The UK's National PV Programme consists of the following elements:
  • Research, development and demonstration
  • Applications
• Australia
• Canada
  • National programme
  • Government buildings
  • Research and development
• China
• India
• Indonesia
• Israel
  • Solar PV development
  • Projects
  • Industry involvement
  • Research and development
• Kenya
• Korea
  • Renewables and PV development plans
  • Research, development and demonstration
  • Industry status
• South Africa
  • PV programmes
  • National Electrification Programme
• Thailand

14. Prices

15. Forecasting a New Technology

• Experience Curves and Progress Ratios (PR)

16. Acknowledgements

Tables

• Table 4.1: Comprehensive listing of BOS categories
• Table 4.2: PV industry production in 2004 by world region
• Table 5.1: Production of electronic polysilicon in 2005, metric tons (MT)
• Table 5.2: Production of electronic polysilicon in 2005 and 2010, metric tons (MT)
• Table 5.3: Recycled silicon grades
• Table 6.1: World Solar PV installed generating capacity, 1990 to 2005
• Table 8.1: Solar PV production capacity 2002 to 2007, MW
• Table 9.1: Solar cell production capacity of the leading manufacturers, 2002 to 2007, MW
• Table 11.1: World cell/module production 2004 by cell technology MW
• Table 12.1 EU plus Switzerland renewables support schemes
• Table 12.2: Non-EU countries with renewable energy targets
• Table 12.3: Countries with feed-in policies for renewables
• Table 12.4: Cumulative number of countries/states/provinces enacting RPS policies
• Table 13.1: Budgets for government support for solar PV development, 2004 (in euro and USD)
• Table 13.2: The most common US support mechanisms
• Table 13.3: Support mechanisms for solar PV installations in the EU countries and Switzerland
• Table 14.1: Indicative module prices in national currencies /watt in selected countries, 1992-2004
• Table 14.2: Indicative installed system prices in euro and US$ in selected countries in 2004 $/W

Figures

• Figure 2.1: Global insolation levels
• Figure 3.1: Distribution network conventional
• Figure 3.2: Distribution network ? with distributed generation
• Figure 5.1: Production of electronic polysilicon annually from 2005 to 2010, metric tons (MT)
• Figure 5.2: Polysilicon manufacturing and supply chain
• Figure 6.1: Installed global solar PV generating capacity 1992 to 2005 by application
• Figure 6.2: Global installed solar PV capacity
• Figure 6.3: Installed global solar PV generating capacity 1992 to 2005 by country
• Figure 6.4: Installed solar PV generating capacity of Germany, 1992 to 2005 by application
• Figure 6.5: Installed solar PV generating capacity of Japan, 1992 to 2005 by application
• Figure 6.6: Installed solar PV generating capacity of the USA, 1992 to 2005 by application
• Figure 6.7: Installed solar PV generating capacity of China 1992 to 2005 by application
• Figure 6.8: Installed solar PV generating capacity of India 1992 to 2005
• Figure 6.9: Installed solar PV generating capacity of Austria 2005 by application
• Figure 6.10: Installed solar PV generating capacity of Italy, 1992 to 2005 by application
• Figure 6.11: Installed solar PV generating capacity of France 1992 to 2005 by application
• Figure 6.12: Installed solar PV generating capacity of Spain 1992 to 2005 by application
• Figure 6.13: Installed solar PV generating capacity of Netherlands to 2005 by application
• Figure 6.14: Installed solar PV generating capacity of Australia, 1992 to 2005 by application
• Figure 6.15: Installed solar PV generating capacity of Canada, 1992 to 2005 by application
• Figure 6.16: Installed solar PV generating capacity of Mexico, 1992 to 2005 by application
• Figure 6.17: Installed solar PV generating capacity of Korea, 1992 to 2004 by application
• Figure 7.1: Installed solar PV capacity 2004-2010
• Figure 8.1: Production of solar PV cells 1990 to 2005, MW
• Figure 9.1: Production by country, 1990 to 2005, MW
• Figure 9.2: Growth of capacity by manufacturers, 2002 to 2005
• Figure 9.3: Growth of capacity by manufacturers, 2005 to 2007
• Figure 10.1: Sharp development concept
• Figure 10.2: Sanyo Solar Ark
• Figure 14.1: Price compared with shipments 1975-2005 $/watt
• Figure 15.1: Price experience curve for PV modules