U.S. solar companies First Solar9 August said it plans to build in China, the world's largest solar power plant. According to the Chinese government signed a memorandum of understanding, First Solar will be in China's Ordos City, Inner Mongolia Autonomous Region to build a 2GW of power, enough to provide electricity to about 300 million households.
First Solar will begin construction in June 2010 the first phase of 30 MW demonstration project, the second and third phase of the project will be 100 MW and 870 MW in 2014. Last one of 1000 MW will be built by the year 2019.
Investment Advisor in the new energy industry's chief researcher Jiang Qian pointed out that, in the forthcoming "New Energy Industry Promotion Plan", the country might be planning PV 2020 from the previous 1.6GW (gigawatt) to 20GW, the original plan 12.5 times, which is already the next decade China's largest PV market capacity. The First Solar's 2GW power plant to be built by 2019 can be completed.
This means that only First Solar wind grid tie inverter a company's future will occupy the entire Chinese PV market 1/10 of the share, but also includes planning target of 20GW end of 2008, the country has installed capacity of 140MW PV systems.
Jiang Qian suggested that not only First Solar, the future certainly will be other foreign enterprises to enter the Chinese PV market, which will also exacerbate the degree of competition in the market, and for domestic PV manufacturers, in order to compete with international giants occupy advantages, I'm afraid there is more work to be done. This is not only crucial for the development of enterprises, but also to the entire industry's healthy development process.
As the world's largest manufacturer of thin-film solar, First Photovoltaic Panels momentum of rapid development in the past year. Investment Advisor in the latest release of "2009-2012 China thin film solar cell industry investment analysis and forecast report" shows that in 2009 the overall downturn in the first half of the global PV market situation under, First Solar's revenue still up $ 944.1 million, an increase of 103.5%. Again showed strong momentum of development.
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