Sunshine Power: Inverters PV power plant EPC exports and become a new growth point

PV power plant EPC become a new growth point, optimistic about its sustainability ; this year 's new PV power plant system integration business in the first half revenue 266 million yuan , 600 million yuan annual target to become the new company's revenue and profit growth point ;

    We believe that companies with substantial cash in hand , cash sine wave inverter business good manufacturing capabilities, as well as management and Gansu, Anhui and other places of good government relations, participation in domestic photovoltaic power plant development business of private enterprises has certain advantages, recently the company and Anhui , Xinjiang and other places of power plant development agreement signed also to some extent to the new business continuity is ensured.

    Inverter business to maintain rapid growth , gross margins continue to stabilize the export breakthrough ;

    Company after deducting EPC business revenue growth of 26 %, including photovoltaic inverter revenue growth of 24% , taking into account the product price fell by nearly 30% , so the actual inverter sales remained relatively rapid growth in the fierce domestic market competition , the company's market share remained good ; half gross margin of 30.1% inverter with flat second half of 2012 , continued to show signs of stabilization stabilized ; we believe that , although the market remains competitive , but with the domestic PV Power market matures, the core competitiveness of inverter products from the price factor will gradually transition to product quality , product gross margin is expected to remain stable or even picked up ;

    Notably , the company in the first half of overseas sales revenue reached 77.32 million yuan , an increase of 230% , mainly photovoltaic inverter exports ; We believe that with the growth of domestic capacity , the company as the first brand in China Inverter , product quality and stability is expected to gradually gain recognition overseas customers , the future is expected to gradually increase the proportion of export sales ;

    Earnings adjustment

    We are the company 's latest earnings forecast for the 2013 ~ 2015E EPS respectively , 0.53,0.74,0.96 yuan ( which in 2013/14 compared with the previous forecasts by 8% and 5% ) , the next two years net profit CAGR 34 % .

    Investment advice

    Company as the first PV inverter market share of the enterprise, is the sector to benefit Chinese government launched the PV domestic policy-oriented subject of one of the most straightforward ; Companies leading position stable, steady rise of profitability , new business and overseas markets the breakthrough, optimistic about the company 's continuing growth , maintaining a "buy " rating.

China South Locomotive new PV inverter performance reached the international advanced level

China South Locomotive and its "CSR Zhuzhou Electric Locomotive Research Institute Co., Ltd." (referred to as China CSR Zhuzhou) developed 500 kilowatts of new PV inverters, photovoltaic power plant in Qinghai Plateau successfully installed a grid. The company can meet the large-scale photovoltaic products photovoltaic power plant complex requirements of grid access conditions, with volume production conditions.

     It is understood that the success of the new solar grid tie inverter 500 kilowatts and 500 kilowatts inverters compared to the original, the whole cost of significantly reducing the volume reduced 20% conversion efficiency, longer life, in the system harmonics, applied voltage range, active and reactive power adjustable, adaptive grid phase sequence, night SVG reactive power compensation and other key performance indicators are better than similar products, the indicators in full compliance with the national grid and the Golden Sun certification standards , the overall performance of the advanced level of similar foreign products.

     PV inverter solar photovoltaic power plant is one of the core equipment for the "Solar's core." In the solar photovoltaic systems, solar cell modules is converted to DC power through energy through photovoltaic inverter power conversion and control system of direct current into line with the requirements of AC power quality. Achieve "orthogonal transformation function," while maximize solar cell performance and system protection.

     China's photovoltaic inverter, especially high-power photovoltaic inverter in its infancy, foundation is weak. China CSR Zhuzhou, China Converter Technology National Engineering Research Center of the only support unit. Companies to enter the photovoltaic field four years ago, has been independently developed ranging from 50 kW to 1 MW power level of more than 10 kinds of PV inverter and related facilities, becoming one of the few domestic product spectrum series, complete one of the enterprise .

Solid Dulwich complete PV plant installation work farm in Denmark

Jiangsu solid Dulwich recently announced that it has successfully completed the Danish farm inverter charger PV power plant installation and commissioning work. This group of power is 10kW, 15kW and 17kW three-phase inverter dual farm in Denmark last month delivered its applicability and installing flexible features, which greatly simplifies the installation steps for customers to save time and labor costs. At present, the plant has started to generate electricity.

         Danish PV market has experienced exponential growth in the past, but in 2012 the government change its policy so that this growth ceased abruptly. Nevertheless, the European Photovoltaic Association (EPIA) that the Danish market is still initiates a new growth momentum. In this context, the solid Dulwich farm power plant inverter supply project in this period will be one of the few success stories. The power plant will save the farm money, reduce carbon emissions play a significant role, but also for nearby residents reinforcement electricity protection.

         Solid Dulwich is a rapid development of new energy high-tech enterprise, has been focused on solar PV inverter R & D, production and sales. The company has developed and produced a single-phase single SS, DS single-phase dual, DT-phase dual, DI high frequency isolation, ES-way storage, JP Japanese models, MT centralized seven series PV inverter products power coverage 1.5kW to 500kW.

         Solid Dulwich GW4000-SS PHOTON inverter passed stringent tests, won the "double A" rating, ranking 4kW first. Company at this stage PV inverter capacity 1000MW / year will soon be expanded to 3000MW / years.

Oil is not the only energy cooperation

A Hanas related to International Business Daily reporter who revealed that in 2012 , the Arab countries , exports to China more than 1000 tons of liquefied natural gas , liquefied natural gas imports from China accounted for nearly 70%. Hanas and the Arab countries in strengthening oil and gas, solar energy, wind inverter are intent on cooperation , has conducted a preliminary investigation for several months , is expected late this year or early next year there will be implementation of the project .

The Kanas who also expressed his concern: " the investment environment in the soft environment is also very important , the Arab country's political environment and cultural customs to cooperate with one of our concerns , fear like Sany Heavy Industry ( 600031 , stock it ) investment Oregon wind project as acclimatized . " he also suggested that Arab countries Ningxia, China's comparative lack of understanding of energy companies , cooperation needs to be deepened . But he also said , I believe this will be the soft environment such as the Arab Expo exhibition to promote the national level gradually improved.

ZPEGC Ningxia Power Project Preparatory Office assistant general manager told the International Business Daily reporter Zhang Qi cite , Zhejiang Energy Group raw coal based power generation , but the past four years has embarked on wind power , solar energy projects . "The new energy is the future trend of development , but its development by the geographical environment, financial constraints are more enterprises to invest in when the first thing to consider is the rate of return , the high cost of so many companies on the development of new energy prohibitive ." Zhang Qi cite representation .

Speaking cooperation with Arab countries , Zhang Qi cite feeling some not start. He said: " Zhejiang Energy Group is interested in cooperation , but we do not know enough of the Arab countries , have yet to find cooperation projects ." He wants the state to give businesses guide investment in the hope that the future of energy in A Fair to host professional development organization more Arab exhibitors, this show is still the majority of Chinese enterprises in the exhibition.

New ways to solve the overcapacity

Former director of the National Energy Board , the National Energy Commission Expert Advisory Committee Director Zhang said that China 's total energy consumption throughout the year 2012 was 36.2 million tons of coal , an increase of 3.9% over last year , has become the world's largest energy producer and consumer. " Energy demand in developed countries is basically saturated , in the future China is new major energy demand for the country ." He said that the Arab countries, while rich in oil and gas reserves , but in recent years a growing interest for new energy , 60 per cent of its oil and gas resources for export in exchange for wealth this is the new energy -Arab cooperation opportunities lie .

This year , the Chinese PV industry good news continued , key enterprises gross profit margin increased by 10%. However, the annual world market for PV demand is only 35GW, while the Chinese PV production capacity has far exceeded 40GW. These how to deal with excess capacity ?

China Photovoltaic Industry Alliance Secretary Wang Bo proposed, the PV industry needs to accelerate the launch of domestic PV market , digestion batch production ; promote corporate mergers and acquisitions , integration of a number of production capacity ; strengthen sector management , eliminate a number of production capacity ; continue to implement the "going out" , transfer batch production capacity.

Tianjin Electric Drive Design and Research Institute Co., Ltd. R & D Center photovoltaic products to the international sales manager Zhang Ting Chinese Commercial News reporters Zhan Shi and Le Yikuan PV inverter , head , style, and almost three-door refrigerator is designed for the European market . Zhang Ting , and now the European middle-class families that are installed PV inverter, which can save energy , so long as the per kilowatt about 1 yuan , while the market supply is required per kilowatt 3 yuan . The PV inverter each priced at more than ten million yuan, the company so far this year they sold a few hundred units. "But China has no application to this product . Storage is the future development of photovoltaic industry trends , interest rates will gradually rise ." Zhang Ting expressed .

PV inverter market center of gravity eastward shipments fell for the first time in seven quarters

According to the professional industry research firm IHS latest research report that the European market by the negative impact of declining demand , the second quarter of 2013 , the global solar inverter shipments fell 5 percent , to 8.3GW-- since the third quarter of 2011 the first decline since . According to the report, " 2013 Global PV inverter market," the report said , given the market focus gradually move to a cheaper markets in Asia and Europe, the market price erosion in the second quarter , the global PV inverter shipments MoM fell 10 % to 8.3GW. Decline in shipments in the second quarter and the price of the common causes PV inverter revenue fell 18% to $ 1.6 billion .

PV senior market analyst at IHS Cormac Gilligan said: "Germany, Italy, the European key markets such shipments inverter cuts out faster than expected, some of these countries this year, the inverter market will exceed 70 percent reduction ."

" Part of the inverter suppliers have been very dependent on traditional large-scale market, but now vendors are deploying inverter new markets to expand in China , the United States , Japan and India, such high- growth countries in market share ."

Golden Sun Project boost Chinese market

IHS said the second quarter, the China market inverter shipments increased significantly , reaching 2GW.IHS said Golden Sun projects driven by Chinese manufacturers rush to complete the project construction

Gilligan said: "Although the second quarter, China inverter shipments nearly tripled , but the Chinese market is still mainly dominated by local suppliers , although a sizable market , but for overseas suppliers , the Chinese market is still challenging In addition, China wind turbine inverter prices fell 14 percent , as low as $ 0.07 per watt

European market, " Losing country"

With the market focus moved to the East , the European inverter market gradually , " eclipsed ." Second quarter of 2013 , only three European Inverter Suppliers supplier among the world's top ten ( ranked by market share ) , compared to half of the country last year .

Gilligan said: " for the individual PV inverter market certification delays , declining sales and open up new barriers to market both the inverter supplier to Europe pose a serious challenge Furthermore , Chinese suppliers of these markets to compete foreign competitors and market inverter is increasing prices will further exacerbate the decline in sales . "

Industrial economy and boosting the green movement

Audition banners strategic emerging industries , who seize the initiative , who will win the future - Hefei done by wind collar .

BOE came and created a project leveraging an industry, " Hefei miracle" ; Kai, JAC meteoric rise in the field of new energy , a section of the achievements of the auto industry stories ...... still continue to unfold like a miracle , Hefei strategic emerging industries are continue to gather , to seize the commanding heights of the transformation of the green industry development has brought Hefei becomes increasingly profound confidence.

" PV inverter market share for many years to maintain the country first , last , the sun ranked third in global shipments of power ." Tech area , sun power , general manager Zhang Friends of the right is not without pride.

Far away from the United States and Asia with optical, being a " recognized world" again and again efforts . Filled with various impurities rice color sorter is poured after a few seconds , white rice from the outlet port , impurities are diverting production line similar devices are continually being transported to the world more than 50 countries and regions. In the laboratory, tea color sorter , X-ray machine automatically detects tire , dental CT, pesticide contamination testing equipment, is also moving from one idea into reality.

Endogenous Waiyin , Hefei strategic emerging industries Spring agitation. BOE , Hairun photovoltaic, sun power , care raised new flat panel displays , solar photovoltaic industry hundreds of billions of dreams ; JAC new energy vehicles, Ankai , polish shiny new energy industry in Hefei card ; IFLYTEK , let the world listen to the sound from Hefei to build voice industry billions of dollars masterwork .

In the first half , the city's strategic emerging industry output value of 94.145 billion yuan , accounting for 25.5% of the city's industrial output value , added value of 25.35 billion yuan , an increase of 18.6%. Strategic emerging industries have become an important green growth pole.

Industrial flowing green melody

Once upon a time , equivalent to the energy consumption in industrial production , industrial development to bring a heavy burden on the environment .

Today, this law is being broken , Hefei green with a proven , when the green melody flowing into the factory , the green value will be spewing out .

A big bag full of biofuel boom lift thrown into the furnace , and on the other side of the bright gray slag spit into the bag . In this process , the straw, corn stalks, peanut shells and rape straw and other compressed into biofuels instead of coal, heavy oil or natural gas , while the slag has become an excellent paving material . This is happening in a scene from Unilever , the company told reporters horsepower environmental engineer , produce the same amount of heat , biofuels cost only half the cost of traditional fuels . More importantly, the entire process from source to output no pollution. It is estimated that the use of biofuels , the company's annual carbon dioxide emissions from 15,000 to 16,000 tons . In another corner of the company , the treated effluent is stored in the pond water reuse , and then turned to the company and through the open area of clean water, irrigation water. Treated industrial wastewater recycling , clean the waste into a resource , environmental benefits , the economic value of both. " Package sewage treatment storage equipment investment 2.3 million yuan , three or four years will be able to recover the cost ." HP said.

Green is a green melody mode of production , technological innovation, technological innovation is another green melody . In JAC 1.5L TGDI efficient gasoline engine production plant, the first prototype in June this year the official line . The latest global technology platform based on the current development of the engine to an item alarming data interpretation of " green power" Legend : Compared with the traditional engine idling fuel consumption can be reduced up to 30% under laboratory conditions mimic normal roads savings of 20% ; in emission targets, the models meet Euro ⅴ emission standards, with Euro ⅵ emission potential.To learn more please visit: http://www.sungoldpower.com/

Green Melody brings green benefits. In the first half , the city's above-scale industrial output value totaled 368.87 billion yuan , industrial added value of 92.25 billion yuan . At the same time , the city's energy consumption per unit of industrial added value of 0.477 tons of standard coal / million, representing a decrease of 8.6%.

Ministry informed the operation of the first half of China's photovoltaic industry

Ingot, pull rods, sliced ​​development of photovoltaic manufacturing sector stabilization and recovery, photovoltaic inverter manufacturing sectors, such as supporting the development has also been getting better and better, part of the backbone enterprises increased orders and entered full production. First half of the wafer yield about 15GW, up flat; processing costs continued to decline, has been reduced to $ 0.11 / W or less. PV inverter output of about 2.9GW, an increase of over 60%.

Global PV market continues to grow, focus to China, Japan, and the United States transfers. Half of the global PV market demand 16GW, an increase of 9%. Which our country about 2.8GW, Japan about 3GW, Germany, approximately 1.9GW, U.S. 1.6GW, four countries account for about 60% of the total. Overall upward trend in demand is expected to increase global annual installed capacity will reach 35GW, which the European approximately 10GW, of about 8GW, Japan, about 5GW, the United States about 3.5GW, market focus gradually from Europe to China, Japan, and the United States transfers.

Rapid expansion of the domestic market and network issues remain a bottleneck restricting the development of the market. The first half of 2.8GW installed capacity of 1.5GW from last year, with the second batch of golden sun and photovoltaic construction, 1.3GW of large-scale photovoltaic power plants; annual installed capacity is expected to reach 8GW, including large-scale photovoltaic power plants 5GW, Golden Sun demonstration project 2GW, distributed generation demonstration area 1GW. But PV power plant construction cycle is not synchronized with the power grid, power grid development planning coordination will continue to be the key to further expand the domestic market.

The progressive realization of photovoltaic applications the user side grid parity by policy-driven to market-driven transition. Germany, Italy and other countries are constantly traditional  SUNGOLDPOWER photovoltaic solar subsidy cuts or establishing maximum installed capacity, but with the rapid decline in product prices, some countries have achieved the user side PV grid parity, the application will be policy-driven to market-driven changes.

In mid-July 2013, "the State Council on promoting the healthy development of photovoltaic industry a number of opinions" (Guo Fa [2013] No. 24, hereinafter referred to as "views") has been officially released, and regulate the development of photovoltaic industry, the expansion of domestic applications market, and promote industrial transformation and upgrading work to do a co-ordinate the deployment. According to "opinions" spirit, departments are actively working to accelerate and promote PV manufacturing industry norms conditions, the implementation of corporate mergers and acquisitions advice PV, photovoltaic standard system, photovoltaic disbursement of funds management practices related to subsidies and other supporting policies and measures developed and implemented .

As China South Korea polysilicon "dual" preliminary ruling, EU PV "double reverse" reached a preliminary settlement, the domestic PV market accelerated start, etc., continue to improve the external environment of industrial development, the second half of the overall development of China's photovoltaic industry is expected to stabilize rebound. According to the China Photovoltaic Industry Alliance estimates, expects 2013 production of about 80,000 tons of polysilicon, the battery module production will exceed 23GW, new PV installed capacity will exceed 8GW.

Flat solar success into the "city"

"Energy saving, environmental protection, low-carbon life" has become a global city building integration process focus. It is understood that China's building energy consumption accounts for the country's total energy consumption of 1/4, ranking first in the country, building energy efficiency is of great significance. Data show that China's rural  SUNGOLDPOWER solar products a very wide range of applications than the city, and the city is better for solar applications against rural areas, mainly due to solar building integrated products can not meet the requirements of the city. Industry experts point out, must be based on architectural characteristics, production ancillary solar water heaters, solar water heaters in buildings regulate the placement and installation, and pipeline builders improve coordination aside and combine architecture and regional characteristics, improve Solar wind, snow, lightning and other aspects of security work.

It is understood that the current domestic solar water heaters, building integration has been achieved with the precedents, as the domestic leading brand of solar water heaters, Guangdong Fivestar Solar Energy on city buildings for the city developed a suitable flat plate solar water heater, the product achieved with Building the perfect combination of a good solution to the needs of the development of solar cities.

According to flat plate solar collectors as the main solar water heaters, solar energy and construction adapted to achieve the combination, but also the most popular  PV inverter products architect. Flat plate collectors can be directly face or their own balcony in the days to install, but also can be made into walls, sun shade, awning, fence floating panels, either splitting used independently, or you can focus on mining geothermal heating. At the same time, all-glass vacuum tube solar water heater with flat plate solar apparently unable to contend with the water heater, flat plate solar water heater secure a good solution to the problem of urban architecture Integration, will also become the starting point of China's solar city journey. Flat solar success into the "city"

Photovoltaic element remains the crux of the major makers moves constantly

Major manufacturers for the actions of distributed generation

For distributed generation, Power energy system design centers in Europe Future Electronics Freescale collaboration, development and design of components manufacturers such as Fairchild own micro-inverter reference scenario. Zhu Huagang introduction, this is the first and only distributor of a self-designed by the micro-inverter reference design. The design of the main chip Freescale 16-bit DSP, non-isolated design, efficiency of more than 95%, less than 5% harmonic components, and can be directly to 230V AC bus. For home or small commercial photovoltaic systems, using micro inverters can improve system design flexibility, increase generating capacity.

Fulbright in the field of new energy partner a lot, mainly Tyco, Fairchild, Vishay, STMicroelectronics. Zhu Huagang introduction, not only in the United States and Europe, and also in the domestic Fulbright These partners work together to mainstream PV inverter providing high-quality components business to help companies reduce costs and improve product performance.

Suitability of the product, the product's success in the past operating experience and so will play a key role. At the same time the demand for different markets, manufacturers need to introduce the appropriate product. Zhu Huagang said that according to statistics, the domestic PV market is the world's lowest-cost system installation market, so cost-effective products in the country would be more competitive.

While the domestic market is only just beginning, with the subsidy policy adjustment and operation experience, the price factor, high-performance products and professional service will also be the focus of attention. "We also understand that some of the projects have been completed now, if you can further optimize the system design, then the amount of power the entire system still has room for further improvement." Zhu Huagang that now many manufacturers still focus on product side, if we can provide further professional system solutions, will greatly enhance the overall competitiveness of the manufacturer, the manufacturer will also shift from a professional manufacturing for the new energy generation systems solution provider.

Viability of operations, continuous service level of protection, and constantly improve the technological upgrading of demand satisfaction, as well as basic product stability, high power generation efficiency, high cost and a variety of environments application cases, have become a key condition to enter the market . Zhang Yanhu introduction, sun power and network technology has been at the forefront of their Chinese counterparts, are based in Germany and the world's most demanding network requirements for certification and testing, obtained including TUV, CE, ETL, Enel-GUIDA, AS4777, CGC and other Item certification authority, and by the German BDEW medium-voltage grid instructions and VDEARN4105 low-voltage grid directives.

As a leader in the domestic photovoltaic power enterprises, power sun many years to maintain market share in the third over. According to the grid requirements and the needs of users, the sun-megawatt power can provide a turnkey solution, which greatly facilitates the transportation and installation; can provide backflow prevention solutions that reduce the impact on power; multi-point safety inspection and protection programs, ensure the safe operation of power plants; and remote monitoring for owners or grid operators to detect and control data and other programs.

Currently, the power of the sun as a major partner CGNPC, SDIC, Gan Power Investment. Cooperation numerous items, including: China Guangdong Nuclear urn a 9MW photovoltaic power plant project, the China Guangdong Nuclear Dunhuang two 9MW photovoltaic power plants, China Guangdong Nuclear Dunhuang three 9MW photovoltaic power plants, China Guangdong Nuclear Dunhuang three 9MW photovoltaic power plants, SDIC Dunhuang a 9MW PV projects, the country cast Dunhuang 10MW photovoltaic power plant, sweet CPI liangzhou two 40MW photovoltaic power plants, etc., is currently running stable and in good condition.

Photovoltaic industry can walk far in the favorable policies?

As the state council on promoting the healthy development of photovoltaic industry several opinions of the final, photovoltaic (pv) stocks on Tuesday welcomed explosive soared, plates, about eighty percent of stocks rose, with lida photoelectric days, shares and shares longji shaanxi local company stocks more seal harden. Yesterday is stock index underperformed, but days pass shares are still in the amount of days seal single lift again closure. However, as the main force in environmental protection new energy concept, for a long time in the international trade friction vortex photovoltaic industry sector, has recently experienced several times "more empty baptism". So that the major policy is good, can take care of photovoltaic plates go far?

"Domestic photovoltaicpower-generating capacity planning in three times. Policy support for photovoltaic (pv) stocks brought to life." Great Wall securities analyst laurel Fang Xiao pointed out that the policy largely in line with expectations, but still need to wait for regulations come on stage, the domestic market is about to start; At the same time, the photovoltaic enterprises accord is expected to continue to improve. Based on this, he concludes that "photovoltaic industry has reversed the judgment of the", and "recommended" given to the industry of high investment rating.

"Domestic photovoltaic industry chain is still in depth reshuffle period. Low capacity utilization, photovoltaic (pv) overseas polysilicon enterprises in bankruptcy of enterprises is still the industry status quo." Deng Haolong changjiang securities analyst pointed out that although the three overseas pv enterprise bankruptcy, photovoltaic industry adjustment, but domestic inverter, silicon wafers, components have been rendered obvious superiority of main item depending on the size and cost recovery, improve profitability is expected in the second and verified in the operation and results in the third quarter, "therefore, remind investors pay close attention to components leading enterprise of quarterly turnround inflection point". Analyst at guotai junan securities Hou Wentao also recommends that investors' focus on guidance and subsidy policy expectations of thematic landing opportunities ". He points out that management support, not only greatly enhance the photovoltaic industry recovery expectations, also raised the double anti tax rates to reduce expectations, industry fundamentals is expected to be improved significantly. Wide the hang seng securities analyst Yao Wei is pointed out that the photovoltaic new the launch of the "advantages of Midwest enterprise stocks will bring new opportunity".

Specific to individual stocks, while the short-term price under pressure, but because of the second quarter prices continue to rise, some photovoltaic enterprises profit more than expected and even profitability. From the disclosure of earnings forecast of the first half of the PV inverter stocks, "shan" longji shares of listed companies "performance trajectory was typical - although it expects net profit fell 35% year-on-year during the first half of the following, but the net profit of 20 million ~ 22 million yuan, the company in the first quarter loss of 15.91 million yuan, in the second quarter quarterly net profit will be up to about 38 million yuan, profits rebounded significantly; In addition, the rising sun power, Oriental, sunflower and other companies also pre, during the first half net profit year-on-year growth of east - is expected to 1553% ~ 2544% higher.

Can only get products by testing certification of product USES authentication marks

Certification mark, as it were, is the "identity card" high-quality products, is the symbol of quality and assurance.

Both domestic and overseas consumers, at the time of purchase products, choose with authentication marks of identification of product is high quality product is the most effective and easiest method.

In overseas markets, no authentication marks the "identity card" products will not be able to get into the market opportunity.

In contrast to the Chinese  solarpanelcellonline market, the global cable market is becoming mature, the cable manufacturing growth slowed sharply. 

In recent years, due to the rapid growth of the Asia's emerging economies, the global cable production center shift to Asia, driven by China, India, Vietnam, the Philippines and Egypt in the Middle East countries such as the cable industry's rapid development, at the same time, the central and eastern Europe as a result of European unity, manufacturing costs are relatively cheap, wire and cable industry growth is quite rapid also.

Overall the situation is extremely competitive worldwide.

For domestic cable manufacturer, the malignant market competition, enterprise capital insufficiency, weak capacity for independent innovation and the lack of brand advantage and so on has become a major bottleneck restricting its development.

In order to further enhance the brand advantage, and promote export, product certification schedule had become more and more cable manufacturers.

For cable manufacturer, the product standards in different markets is inevitable when its pioneering business challenges.

Only the understanding of the standards and requirements of each market, can be targeted to product development and production.

However, most of manufacturer couldn't do it for each target  PV inverter market, then they can consider to choose to have qualification test certification agencies to cooperate. 

These certification body not only can provide different requirements for each target market and consumer preference information, also can provide manufacturers with the localization testing certification service, is the best partner of rapidly expanding market.

When choosing testing certification bodies, in addition to examining the test certification, cable manufacturer also should be based on their needs, inspection agencies are familiar with the target market, can you provide local services such as elements, so as to effectively help their products overseas.

Domestic policy response is enough, and at any time

Around China inverter charger , huge capacity, involving the key parties such as government, banking, employment groups, together with the Chinese government has put "energy security" is promoted to an unprecedented strategic height, "rescue" is almost inevitable choice method of the Chinese government are mainly two kinds: one is based on increased subsidies, etc way to expand the domestic market demand, the second is for overseas polysilicon products such as "revenge" action, be "closed" in the domestic policy with a high probability.

(3) the United States and Japan market as substitute.

"Off", such as the European Union market, the Chinese pv enterprises in overseas is not no as, in the next few years the United States and Japan and even India market growth will be faster, to a certain extent, can remedy the "absence" of the eu market.

According to understand, ja solar's gross margin significantly improved thanks to sell more components in Japan and expand in emerging markets.

European industry association against the eu: at any rate are endangering European pv industry

Brussels time on June 4, June 5 in the morning (Beijing time), according to the European photovoltaic provisional anti-dumping duties on China, on behalf of the European photovoltaic industry in the more than 600 companies, 63000 jobs in Europe parity solar energy alliance (AFASE) that will move against members of the European Union and the serious harm members corporate interests.

Experts believe that the move will harm PV inverter chain on the largest German companies.

The commission announced June day, on Chinese solar panels and key components (battery, silicon, etc.) 2 months of the provisional anti-dumping duty levies a 11.8% transition.

According to a survey by the European Union as a result, Chinese photovoltaic products are sold to European market value price is far lower than their normal, average dumping rate of 88% (the eu thinks the market selling price should be increased by 88%), partial product dumping rate stands at 112.6%.

The eu said than dumping rate high, the setting of the anti-dumping tax rate is only 47.6% on average, the additional 2 months rates as low as 11.8% of the transitional period, to ensure market supply.

If as of August 6, the two sides unable to settle the case, since the eu will sign up to six months at the rate of 37.2% - 67.9% of temporary AD valorem tariff (as standard) by commodity prices.

Benefits of the construction of the distributed power given that there is no problem

But the drawback is piecemeal development mode on the scale can be hard to short the time to do.

And, more crucially different, Europe and the United States and China's national conditions of light and wind resources in China are similar, resource-rich regions is a small area of the dc to ac inverter , if spontaneously in these areas for private use, size will be restricted.

What should adopt more reasonable development path? China's largest photovoltaic power station system integrators hair new energy chairman check vibration hair think of vibration in the construction of centralized and distributed each have advantages and disadvantages, only adjust measures to local conditions, the concentrated focus, the distribution of the distribution is the best policy.

However, as things stand, local enthusiasm for centralization is obviously higher.

Therefore, the new director-general of the department of energy's national energy administration Shi Lishan thinks, current or should try to encourage and foster development construction of distributed photovoltaic (pv).

Or at least in the near future even electric wind power base in sends out the difficult situation, don't blindly mass base construction should be encouraged to train of thought.

Maybe over a period of time, the cost of PV inverter is less than conventional energy generation, sends out the channel is also no problem, with large land resources and solar energy resources in the western region of concentrated photovoltaic power generation base, to the load center of Middle East power, is a viable option.

Pv professional committee of the Chinese renewable energy institute, Beijing director of LuYanWu thinks, in China, distributed construction to form the full flowering situation, must have three conditions, namely: a full takeover, priority access to the Internet, the appropriate price.

These three conditions, be short of one cannot, otherwise is very difficult to type in the city.

Because, photovoltaic building integrated in the urban construction, the cost will rise, now 0.35 yuan investment subsidies are not enough to attract users of distributed photovoltaic power station.

Only let investors truly benefit, the cause to form the firewood high flame.

April first distributed photovoltaic projects - zhangjiakou in hebei province bao sheng new energy technology co., LTD.

This is the biggest of the eu has so far involved amount an anti-dumping investigation

The main problem of China's dc to ac inverter is: serious overcapacity, market overly dependent on foreign demand, businesses generally operating difficulties.

In the past five years, China's photovoltaic industry production for the world first, continuously occupy more than half of the market in Europe.

Although in 2012 our country solar energy photovoltaic products exports to Europe fell 45.1% year on year, to $11.19 billion, but it still accounts for China's photovoltaic products nearly half of all exports $23.3 billion.

The European Union the "double reverse" may be over a large number of photovoltaic enterprise's the final straw.

"This will have on the silicon chip component link seriously bad, China will take two measures to cope with the situation: first, to" double reverse "overseas polysilicon to counter; second, to expand domestic demand to hedge". Shenyin wanguo said.

Oriental nison, crystal PV inverter , sunflower and other photovoltaic components enterprises and sea embellish photovoltaic battery industry will suffer, because of the reversal of the wafer to the component part is directly related to whether the eu tax.

At the same time, the bad news will also affect the photovoltaic enterprises for cutting steel wire, the demand of the special equipment such as ingot furnace, such as the pure power of science and technology, tianlong optoelectronics, Beijing express, jing sheng mechanical and electrical, etc.

Photovoltaic enterprises, however, has walked on the way to recovery, any shares in ja solar in the first quarter of 2013 earnings, according to company's gross margin from 4.6% to 6%.

Anonymous analysts see as the future of China, the United States, Japan market demand growth, from 2013 to 2014, the global pv demand is expected to more than 20% growth.

Is expected in 2014, because of the polysilicon prices have fallen sharply, as a decline in the cost of production will lead to other pv industry chain link, component corporate profitability will start to improve soon.

The Treasury liquidation "golden sun" demand recover billions of money

Round of "golden sun", the rise in China's photovoltaic market rising tide, low tide period of falling global dc to ac inverter .

Nearly four years, the fiscal funds to promote industry development of special measures cost billions, controversial, ups and downs, and between the bit a controversial policy trajectory.

In 2009, the project had been high hopes.

Earlier, China pv market "three head out" - raw materials, market, equipment out in the outside, outside the domestic market is approximately equal to zero, photovoltaic modules by more than 95% for export.

Affected by the financial crisis in 2008, the export situation of China's photovoltaic products, an urgent need to start the domestic market.

Thereby, launched the relevant ministries and commissions of the China gold sun demonstration project, hoping to quickly unlock the doors of domestic photovoltaic scale development.

This diligent policy, however, has been in the process of implementation in enterprises "loopholes" " PV inverter " the game of war with the government.

Eventually, around the gold sun demonstration project, run programs, cheat subsidies, drag, shoddy construction period rumours, decision-making and regulators have to repeatedly adjust the policy, the even launched the subsidies to its focus on audit audit action.

And the subsidy system design flaws, has emerged in the beginning of the policy, but did not cause enough attention.

The next few years, when the project in the project examination and approval late, subsidies and regulation and so on each link successively appeared loophole, regulators are trying to remedy, but this project's inherent "hourglass" has always been difficult to completely blocked.

Trade-offs, from this year decided to no longer accept the relevant ministries and commissions of demonstrative project of new gold sun apply for examination and approval of the project, and claim back subsidies, failed to timely completion of project actually ended the implementation of several years of fiscal subsidies.

"One size fits all" but it was close to the winding arrangement and is causing the photovoltaic industry a new round of shock.

"Golden sun" why fall, reflecting on typical trajectory of the fiscal subsidy policy, the policy makers take warning from when.

Received the notice from the clearing of the ministry of finance, shandong datang power generation co., LTD. (hereinafter referred to shandong datang) - general manager was shocked.

Datang shandong because of "golden sun" project won the ministry of finance of hundreds of millions of yuan in subsidies.

Now, these projects are judged to be "unfinished, cancel the demonstration, take back subsidies".

This means that the company will be a huge blow. In fact - feel hard to accept, "these projects already hooked up to the".

At the same time, also surprised guangxi yuchai new energy co., LTD. (hereinafter referred to as yuchai new energy), general manager of jinhua.

Yuchai 30 mw of new energy investment in the construction of demonstrative project of golden sun has been connected to the grid, and the Treasury decision as "not electricity, cancel the demonstration, withdraw subsidies".

South to recognize letters were invited to TUV rheinland group PV inverter seminar. She will

Sponsored by the TUV rheinland group, she will " power converter conference was held successfully in shenzhen.

From guangdong, shenzhen and other regions more than 30 enterprises of more than 60 delegates attended the seminar.

South to recognize letters were invited to attend and the grid inverter standard differences at home and abroad made a keynote speech.

The seminar is mainly around the micro inverter and junction box, grid inverter at home and abroad standard differences, pure sine wave inverter storage system, battery storage, Italian certification standards, and other key issues for discussion, enterprise is our positive and experts to interact.

During the seminar, south to recognize letters and nanjing branch related personnel certification testing work actively and enterprise to carry on the exchange and communication, and with the TUV rheinland group guangzhou company she will determine the southern photovoltaic inverter certification test market joint development pattern.

Global PV inverter giant megavolt SMA team visit new energy

Global pv inverter giant, SMA Solar Technology AG power plant solutions, executive vice President of Dr. Jurgen Reinert together with its subsidiary, jiangsu megavolt SMA expert team visit new energy co., LTD.

On March 15, joint venture subsidiary megavolt new energy formally approved by local government.

New board meeting for the first time, introduces the megavolt new energy management and the core staff deployment strategy in the future.

Both sales and r&d team in technology, product design, quality control and after-sales service has made a series of in-depth and fruitful discussion exchange.

SMA's manufacturing process and quality control experts surveyed the megavolt new power plants, improvement and quality control in each process proposed Suggestions.

Global PV inverter market landscape is expected to shift to emerging markets

According to GTM Research Research, according to a report released the latest due to the continuous development of low-cost Asian companies, the European PV inverter manufacturers found its dwindling profits. Growing competition also come from a diverse group.

Overall, the global demand for change will continue to "torture" the PV inverter supplier. Another important factor is the commercialization of advanced technology, such as modular power electronics (MLPE).

According to the current weakness of the pv market situation and product oversupply, margins this year will shrink further. Average price for grid tie inverter , the downward trend will continue. In 2012, its price is $0.22 per watt, by 2016 the price will come further down to $0.14 per watt, which means that the year fell to 10%.

Throughout 2012, the main stock markets continue to channel, the European market shipments further stagnation. The GTM Research for the future Research is expected to several large emerging markets such as China, Japan and the United States of shipments will increase.

The report predicts that by 2014, with the struggling in life and death on the edge of the inverter suppliers to exit the market, will integrate the grid tie inverter market. Emerging markets will lead to between 2015 and 2016, GTM research predicted a surge in shipments of these markets will appear.

GTM Research, moreover, published Research this is called the global PV inverter prospect in 2013: technology, market, and survivors report lists the world's ten biggest photovoltaic inverter . The ranking is based on product supply, can be ordered by financing and growth prospects.

Credit suisse to ABB's financial consultancy, Cleary Gottlieb Steen & Hamilton LLP for ABB legal adviser. Goldman Sachs & Co. for Power - One of the financial consultancy, Gibson, Dunn & Crutcher LLP for Power - One legal adviser.

ABB is the world's top 500 list of leading enterprise in the field of power and automation technology. ABB is committed to helping power, utility and industry customers to improve performance and reduce impact on the environment at the same time. ABB group business spread all over the world more than 100 countries, with 145000 employees. In 2012, ABB in the United States sales revenue of $6.7 billion, nearly 20000 employees. ABB in China include research and development, manufacture, sales and engineering services to all business activities, with about 19000 employees, set up 36 enterprises and local sales and service network across 90 cities in China.

For PV inverter, should not only look at the cost of this industry competition

And more to see competition with the cost of traditional energy sources, no matter how to the mining of traditional energy costs is rising gradually, and the cost of power inverter  is in rapid decline, the cost of the size of the competition is the most meaningful; In addition to the positive elements of technological progress to reduce costs, discuss power inverter competition, for the Chinese pv enterprises, should not only look at the domestic market has how old, also look at how the international market.

To research power inverter investment market segment

Wang wei: for a specific investment direction, we are very concern about interconnection system service enterprise, is also attention to import substitution products production enterprises, such as equipment manufacturing enterprises.

And important auxiliary equipment and accessories production enterprises in the power inverter chain, such as inverter production, due to the technical content is not high, the domestic product very competitive; Such as sand slurry production, it occupy a big share in the grid tie inverter component production cost, market demand is very big. 

Around these areas, we are very concerned about the sales in the tens of millions of yuan, net profit in millions of dollars of "grid tie inverter". 

We for those relying too much on local government, focusing on the capital of grid tie inverter companies are not interested in game, from a development perspective, the government and the enterprise demands are different, the government want to GDP, and enterprises to profit, can't see for the future of this kind of enterprise.

Red Hui: since China's reform and opening up, especially since the capital market establishment, investment diversification, investment grid tie inverter do have with the help of local government power and means to enlarge capital, scale, the rapid development of grid tie inverter of a replication, but now it seems is not successful, the development is always lurking in the huge risk. 

Anyway, make good use of capital operation means investment of PV inverter, first suggests capital still bullish on PV inverter in the future, a common goal is to hope that the healthy development of the PV inverter.

Due to the rapid development of semiconductor technology, application of large scale integrated circuit, and is widely used in computer, UPS PV inverter is also developing at an amazing pace. UPS power production starts late in our country, the small under 5 kva UPS power inverter for the last few years, especially lkVA UPS power inverter has a certain development.

This chapter mainly from the following several aspects to introduce the basic information of the UPS PV inverter, why the computer with UPS power supply; The basic working principle of UPS; How UPS power market introduction and selection; UPS grid tie inverter installation and use of management; Knowledge about special UPS battery.

In the end, the Wuhan Iron and Steel "diluted shares of the Three Gorges

New Energy" reason to convince the management. In accordance with the reduction of state-owned shares to raise social security funds, the Interim Measures for the Administration of "those who issue stock companies with state-owned shares, 10% of state-owned shares must be included in the social security fund. This will weaken the control of the largest shareholder of the Three Gorges New Energy wind grid tie inverter .

    Insiders, wind grid tie inverter Hong Kong stock market, the iron triangle of checks and balances began to fade. Wuhan Iron and concurrently the CEO, but the CEO and president of the boundary has been difficult to really make a clean break. Wuhan Iron and Steel began to intervene in the day-to-day management of affairs of the president Guo Jian, sometimes directly assign work and Guo are often the last to know ".

    Hong Kong stock market, Wu total change. Previously visited customers, the other praise wind grid tie inverter, he was always particularly low-key and modest, but customers asked him to give suggestions, he will be unceremoniously pointing some. Goldwind, a middle-level cadres.

    Chairman and CEO, the Wuhan Iron and Steel, the president Guo Jian's role is more like a COO (chief operating officer).

    However, the responsibility of the COO, executive vice president Li Yuzhuo bear. A time, Guo and Li exposure to what seems able to pipe, but what controls are not on an awkward position.

    "Wu always like a patriarch." Goldwind A former employee evaluation, regardless of how much things the WISCO like personally decided upon.

    Wuhan Iron and Steel, said their daily work is often more than 10 hours, but require employees to mandatory vacations, "with a person of the overtime, in exchange for the rest of the other employees. Such a spirit of sacrifice, he was refused subordinates interpreted as decentralization of no confidence in the lower levels.

    In 2011, the deterioration in the external environment of the wind power industry, operating pressure Wu, Guo two differences highlighted.

    Their injuries each other. "Contact with the two wind power industry sources said, their starting point for the company, but do something completely different ideas. PV inverter manufacturing, thin-film solar and even diesel recovery diversification projects, Wuhan Iron and Steel are willing to try bold. Guo Jian pay more attention to the enforceability of the strategy do not agree with WISCO innovative behavior.

    In 2011, Li Yuzhuo due to "health reasons and work pressure, chose retirement; Guo Jian then fade Goldwind. In 2012, Guo Jian return to Xinjiang as Goldwind Science and Technology under the command of the chairman of a real estate company.

    President Wang Haibo took office in January this year, 39-year-old, Goldwind young business veteran, served as the the Goldwind marketing center in charge of the marketing director of the Center for Investment and Development director, Tianrun New Energy Investment Company (Goldwind wholly owned subsidiary grades), executive vice president. But this resume, in many people's opinion, you can not play a balanced role of Guo and Li had.

    Guo Li left, Wuhan Iron and in Goldwind status heyday, before the people in the middle of a left office Goldwind feel the changes in the atmosphere of the company. Meetings, "often Wu total speak after the venue was silent, no one objected."

    The evaluation of the industry Goldwind "sound, grid tie inverter practical. But a Goldwind insiders say, this is just the pot calling the kettle black phase for Sinovel aggressive, "Goldwind course, is steady and dependable.