Vertically integrated Chinese solar manufacturer JinkoSolar announced its "third straight quarter of profitability"
and a Q4 gross margin of 24.7 percent. The company's Q4
showcased a strong margin aided by impressive cost containment and
geographical diversification. Shyam Mehta, Senior Solar Analyst at
GTM Research, notes, "I believe this is the first time in
human history that a module company has recorded cost under 50 cents per watt . . ."
The U.S. DOE SunShot Initiative, which has the aim of reducing
the all-in cost of solar power to less than $1 per watt, counts on
module costs of less than 50 cents per watt. First Solar recently
reduced the cost of its cadmium telluride-based PV panels to 63
cents per watt, falling to 53 cents per watt in Q4 of 2013 on its
best line (excluding underutilization and upgrades).
A forecast from GTM Research shows top Chinese manufacturers
making solar modules for 36 cents per watt by 2017. However, there are
skeptics that silicon can achieve these costs. Prof. Mike McGehee
of Stanford University suggested that the true cost of silicon
solar cells, when stripped of Chinese subsidies, is 85 cents per
watt. Brad Mattson, the CEO of Siva Power, claims that the prices put forth
by Mehta are unsustainable. Mattson's estimates of silicon
solar costs are close to those of McGehee. Further, SolarWorld is
making the case that Chinese solar module manufacturers receive
unfair subsidies and sell product below cost in the U.S.
Brattle economists have co-authored an article published in Utilities Policy that discusses how low-cost solar photovoltaics (PV) and battery electricity storage can potentially bring about fundamental shifts...
President Donald Trump's Executive Order (EO) entitled "Promoting Energy Independence and Economic Growth" is a broad directive accomplishing a number of the Trump Administration's energy-related priorities.
Brattle economists have authored an article published in the July 2016 issue of The Electricity Journal that analyzes the implications that the introduction of demand charges could have on customer bills...
The New York Public Service Commission ("PSC") approved a landmark order in its Reforming the Energy Vision ("REV") proceeding, adopting a new paradigm replacing net metering for clean distributed energy resources ("DER") with a new method of compensation known as a "Value Stack."
Register for Access and our Free Biweekly Alert for
This service is completely free. Access 250,000 archived articles from 100+ countries and get a personalised email twice a week covering developments (and yes, our lawyers like to think you’ve read our Disclaimer).