The Solar Industry's Monthly Market Monitor

Total Page:16

File Type:pdf, Size:1020Kb

The Solar Industry's Monthly Market Monitor The solAr indusTry’s MonThly MArkeT MoniTor Volume 29, Number 10, October 2010 The Industry’s Oldest Newsletter | Published by Greentech Media SEIA/GTM Research Quarterly SuRvEy Results; PEnnSylvAnia MAkes A Big Leap In ThE uS Pv Market Also in This issue Until this year, Pennsylvania has lagged behind its neighbors, New York and New Jersey, in total solar PV installations. Crystalline Silicon PV - Looking In the first half of 2010, however, the size of the state, Pennsylvania is forward to 2011 Pennsylvania has more than doubled poised to become one of the largest page 3 its combined 2008 and 2009 markets in the region. installed capacities and has even SunEdison The SREC program in Pennsylvania is inched ahead of New York. The Awarded 16.7MW still in the early stages of development, reason New Jersey’s solar market of Solar Projects has consistently been one of the but the state’s Alternative Energy page 14 strongest in the country can be Portfolio Standard (AEPS) requires an increasing amount of the energy sold attributed to its State Renewable Sulfurcell Unveils to customers come from renewable Energy Credit (SREC) market. CIGS Cell With sources. In order for energy retailers Pennsylvania has a similar system in 10.7% Efficiency place, though it is less well defined. (namely PPL and PECO, which control With solar requirements ramping up over 50% of the market) to adhere to page 17 in the near future, and considering continued on page 20... Chinese Wafer Makers GCL- Poly and Comtec Accrue Orders in Excess of 600MW page 18 California’s Proposed Feed- In-Tariff Tracker page 19 PV News Feed- In-Tariff Tracker page 22 1 leTTer froM The ediTor This month, we relaunch PV News, now in its 30th year of publication. PV News, the most analytical, independent, and enthusiastic written record of the PV industry in the world, will retain its name, but upgrade its motto to reflect a new mission: “Monthly Market Monitor of the PV Industry.” When Paul Maycock of Photovoltaic Energy Systems launched PV News in September 1981 as a “monthly report of pertinent, valuable, factual data of the PV industry,” he began a tradition of reporting and analysis that Scott Clavenna was singularly his own, and built a remarkably loyal following over the next 28 years. In this relaunch, editor-in-Chief we intend to build on that legacy, and continue the tradition of advertising independence and detailed Oka Tai-Lee market analysis with our team here at Greentech Media and GTM Research. Production editor You’ll see more market research than in the past, and more incisive news-gathering. In addition, we’re Andrew Krulewitz adding two new features to PV News that will appear in each issue: North American and European Assistant editor Feed-In Tariff trackers, and a Utility Project Tracker. These will provide readers a monthly update on two Kristine LaRocca of the most important areas of the PV market today: public support for PV and utility-scale PV projects. Graphic designer We’ll also be adding special reports from our team of analysts, as well as pulling data from ongoing research projects that are underway here at GTM Research. Michelle Vessel Copy editor An important development for us at GTM Research was our recent selection by the Solar Energy Industries Paul Maycock Association (SEIA) to be the official data collection and analysis firm for the U.S. solar market. Our work editor emeritus, in this area is underway, and we’ll be releasing quarterly reports with SEIA on the state of the U.S. PV, Contributing writer solar heating and cooling, and CSP production and demand markets and a five-year rolling demand forecast. PV News subscribers will benefit from this work as we highlight unique findings from the data Publishers collection process and highlight pockets of growth or rapid change among the states in the U.S. Greentech Media, Inc. 1132 Massachusetts Ave Cambridge, MA 02138 We welcome your feedback on our new look and content, and appreciate your continued support of this esteemed newsletter. e:[email protected] w:www.greentechmedia.com General inquiries PV news in hisTory Greentech Media welcomes all contact about any topics related to 10 Years AgO iN PVNews HistOrY | SOLAR WOrLD PUrCHases BaYER SOLar sustainable development and solar energy. We strive to provide top- SolarWorld has purchased an 82% share of Bayer Solar, the cast-ingot poly silicon wafer supplier. Bayer quality data and analysis relating to AG will retain an 18% stake in Bayer Solar. SolarWorld’s Executive Board Chairman, Frank H. Asbeck, sustainable technologies. Please said their decision to acquire Bayer Solar was based on the company’s solid management and a desire feel free to contact us at the address above with comments or to keep wafer production in Germany. Bayer Solar was Germany’s only silicon wafer manufacturer, with suggestions for improvement. a world market share of 20 percent (this would be wafers supporting over 40 MW of PV cells). More than 30% of Bayer Solar’s production goes to Japan. sources As an open source publication, we 25 Years agO iN PVNews HistOrY | JaPaNese PUsH FOr siLiCON iNDePeNDeNCe would be pleased to share sources for the facts and figures used in PVNews. Japan is enlarging both its silicon refining and cell production base, with the following industrial Contact us with any requests. developments reported: 1) Toyo Soda Industry has a joint venture with Siltechs (USA). Reportedly, they have bought 80% of Siltech’s stock and will manufacture wafers this year. 2) Tokuyama Soda, Copyright © 2009 Greentech Media which has been manufacturing 200 tonnes annually of polycrystal silicon, has increased its capacity All rights reserved. to 1,000 tonnes per year. 3) Kawasaki Seitetsu has bought 25% of the stock of NBK of Silicon Valley, California for 1.8 billion yen. The company is expected to manufacture silicon cells. 4) Nippon Steel ISSN 0739-4829 has established a new company, Nittetsu Electron, which will start manufacturing single crystal solar cells in June, 1986. 5) Niho Kokan has bought the manufacturing technology of polycrystal silicon from General Electric and will start manufacturing polycrystal silicon next year. The company plans to purchase silica and refine it to high-purity polycrystal silicon 2 sPeCiAl rePorT cRystallInE SIlIcon Pv - lookInG foRwARd To 2011 An ExcERPT fRoM ThE nEw GTM RESEARch REPort ‘Pv PRoducTIon, TEchnoloGy, And coST foREcAST’ BY sHYam meHta On the surface, 2009 was also was another record-breaking year for the industry, with over 7 GW of modules installed, total module production of 8.95 GW, and cell production of 10.66 GW – a 51% increase over 2008 cell production of 7.05 GW (itself an 88% increase over 2007). Still, as shown in Figure 1, growth in supply easily exceeded that in demand on the whole. Installations increased by only 24% last year after growing at close to 50% for the better part of last decade, while capacity expansions that were set into place in 2008 resulted in available module supply in 2009 being almost twice that of demand. However, as discussed below, a large percentage of this capacity was not bankable, which helped to insulate the rest of the market from a prolonged period of overcapacity. FigUre 1: Global PV Supply vs. Demand, 2007-2009 The high-level results in Figure 1 mask the fact that 2009 was one of the most challenging years for PV suppliers in recent memory. The credit crisis, the global recession, the evaporation of demand in Spain (the largest PV market in 2008), and a harsh German winter led to a severe slump in installations in late 2008 and early 2009, and the consequent overcapacity and inventory build led to sharp price declines all across the value chain. However, the situation took a turn for the better in the second half of 2009, as the German market rebounded strongly, aided by looming policy uncertainty in 2010 and the return of project financing in the second half of 2009. As a result of being forced to idle most of their capacity at the beginning of the year, top-tier manufacturers found themselves sold out in the last quarter of the year, during which an unprecedented 2.4 GW was installed in Germany alone. With project economics still working in their favor and established low-cost players (First Solar, Suntech, Yingli, Trina) being capacity constrained, even high-cost manufacturers saw strong demand. The robust demand environment (fueled primarily by the German market) has continued well into 2010 thus far. As shown in Figure 2, eight cell producers alone shipped over 1.9 GW in the Q2 2010 -- three times what was shipped in Q1 2009. Most bankable producers are sold out for the rest of the year, and consequently, prices, which had been in free-fall for much of 2009, have stabilized across the value chain, actually experiencing a 5% to 10% increase in the second and third quarters of 2010. 3 FigUre 2: QUarterly Cell ShiPmeNts, SeLeCted Producers,Q3 2008 - Q2 2010 technology trends Crystalline silicon cell production in 2009 was 8.02 GW, a 42% increase over 2008. As discussed below, the majority of these cells were manufactured in the low-cost locations of China and Taiwan. Total c-Si module production in 2009 was 6.3 GW. Overall, crystalline silicon still dominated the PV technology landscape, with a cell production share of 81% and a module production share of 78%: for cells, this breaks into a 75% share for “plain vanilla” mono- and multi- crystalline cells, and a 6% share for high-efficiency “super” mono-crystalline cells made by SunPower and Sanyo.
Recommended publications
  • Contact: Kevin Thornton for IMMEDIATE RELEASE 1-800-331-0085
    Contact: Kevin Thornton FOR IMMEDIATE RELEASE 1-800-331-0085 WAL-MART ANNOUNCES SOLAR POWER PILOT PROJECT Pilot Project marks major step toward its goal of being supplied by 100 percent renewable energy BENTONVILLE, Ark., May 7, 2007 – Today Wal-Mart Stores, Inc. (NYSE:WMT), announced a major purchase of solar power from three solar power providers, BP Solar, SunEdison LLC, and PowerLight, a subsidiary of SunPower Corporation, for 22 combined Wal- Mart stores, Sam’s Clubs and a distribution center in Hawaii and California. As part of a pilot project to determine solar power viability for Wal-Mart, the total solar power production from the 22 sites is estimated to be as much as 20 million kWh (kilowatt-hours) per year. When fully implemented, the aggregate purchase could be one of the U.S., if not the world’s, top-10 largest ever solar power initiatives. “We are taking aggressive steps towards our goal of being supplied by 100 percent renewable energy,” said Kim Saylors-Laster, vice president of energy for Wal-Mart. “The pilot project is yet another example of Wal-Mart’s commitment to making decisions that are good for business and the environment.” “We applaud Wal-Mart's drive to increase its use of energy efficiency and renewable energy technologies and look forward to the long-term positive impact their efforts will have on our environment,” said Ron Judkoff, director of the Buildings and Thermal Systems Center at the U.S. Department of Energy's National Renewable Energy Laboratory (NREL). “Wal-Mart's decision to take advantage of the economic and environmental benefits of solar power and energy efficiency technologies is a great step in the right direction.” The solar power pilot project is a major step toward Wal-Mart’s goal of being supplied by 100 percent renewable energy.
    [Show full text]
  • Renewable Energy
    Projects Projects Renewable Energy Representative Engagements • Represented the project sponsor in connection with • Advised client on a significant investment in Nemaska the non-recourse project financing of the development, Lithium Inc., a Canadian lithium company, in a trans- installation, operation and maintenance of over 150,000 formational market transaction involving a key input in small-scale solar kits in areas of Peru not connected to lithium batteries which are a key component in electric the grid. cars and other technologies as well as renewables • Represented the Buyer acquiring 100 percent of the storage projects. equity interests of two project companies that have two • Advised the underwriters in DTE Electric Company’s solar photovoltaic projects with a combined rating of milestone $525 million green bond offering. Proceeds 6.5MWac/8MWdc on Oahu, Hawaii. of the bonds will support the development and • Represented a multinational energy corporation in construction of low-carbon, clean energy projects like connection with the acquisition of, and its tax equity solar arrays and wind farms, as well as the transmission investment in, solar power generating facilities in infrastructure to support related renewable facilities. California, Texas and Arizona valued from $16 million Solar to $25 million, including one project located on a • Represented Duke Energy in connection with a $360 military base under the U.S. military’s renewable energy million non-recourse project financing of a portfolio procurement initiative. of 24 operating solar farms in North Carolina under • Represented one of the world’s largest solar energy contract with various utility and non-utility offtakers. project companies in its entry into Japan and projects The facility includes a $330 million term loan, a $105 utilizing the Japanese Feed-In Tariff.
    [Show full text]
  • 2015-SVTC-Solar-Scorecard.Pdf
    A PROJECT OF THE SILICON VALLEY TOXICS COALITION 2015 SOLAR SCORECARD ‘‘ www.solarscorecard.com ‘‘ SVTC’s Vision The Silicon Valley Toxics Coalition (SVTC) believes that we still have time to ensure that the PV sector is safe The PV industry’s rapid growth makes for the environment, workers, and communities. SVTC it critical that all solar companies envisions a safe and sustainable solar PV industry that: maintain the highest sustainability standards. 1) Takes responsibility for the environmental and health impacts of its products throughout their life- cycles, including adherence to a mandatory policy for ‘‘The Purpose responsible recycling. The Scorecard is a resource for consumers, institutional purchasers, investors, installers, and anyone who wants 2) Implements and monitors equitable environmental to purchase PV modules from responsible product and labor standards throughout product supply chains. stewards. The Scorecard reveals how companies perform on SVTC’s sustainability and social justice benchmarks 3) Pursues innovative approaches to reducing and to ensure that the PV manufacturers protect workers, work towards eliminating toxic chemicals in PV mod- communities, and the environment. The PV industry’s ule manufacturing. continued growth makes it critical to take action now to reduce the use of toxic chemicals, develop responsible For over three decades, SVTC has been a leader in recycling systems, and protect workers throughout glob- encouraging electronics manufacturers to take lifecycle al PV supply chains. Many PV companies want to pro- responsibility for their products. This includes protecting duce truly clean and green energy systems and are taking workers from toxic exposure and preventing hazardous steps to implement more sustainable practices.
    [Show full text]
  • Fire Fighter Safety and Emergency Response for Solar Power Systems
    Fire Fighter Safety and Emergency Response for Solar Power Systems Final Report A DHS/Assistance to Firefighter Grants (AFG) Funded Study Prepared by: Casey C. Grant, P.E. Fire Protection Research Foundation The Fire Protection Research Foundation One Batterymarch Park Quincy, MA, USA 02169-7471 Email: [email protected] http://www.nfpa.org/foundation © Copyright Fire Protection Research Foundation May 2010 Revised: October, 2013 (This page left intentionally blank) FOREWORD Today's emergency responders face unexpected challenges as new uses of alternative energy increase. These renewable power sources save on the use of conventional fuels such as petroleum and other fossil fuels, but they also introduce unfamiliar hazards that require new fire fighting strategies and procedures. Among these alternative energy uses are buildings equipped with solar power systems, which can present a variety of significant hazards should a fire occur. This study focuses on structural fire fighting in buildings and structures involving solar power systems utilizing solar panels that generate thermal and/or electrical energy, with a particular focus on solar photovoltaic panels used for electric power generation. The safety of fire fighters and other emergency first responder personnel depends on understanding and properly handling these hazards through adequate training and preparation. The goal of this project has been to assemble and widely disseminate core principle and best practice information for fire fighters, fire ground incident commanders, and other emergency first responders to assist in their decision making process at emergencies involving solar power systems on buildings. Methods used include collecting information and data from a wide range of credible sources, along with a one-day workshop of applicable subject matter experts that have provided their review and evaluation on the topic.
    [Show full text]
  • Renewable Energy Risking Rights & Returns
    ` RENEWABLE ENERGY RISKING RIGHTS & RETURNS: An analysis of solar, bioenergy and geothermal companies’ human rights commitments SEPTEMBER 2018 CONTENTS CONTENTS Executive summary 1 Introduction 4 Analysis 6 1. Leaders and laggards 6 2. Public commitment to human rights 12 3. Commitment to community consultations 12 4. Access to remedy 14 5. Labour rights 16 6. Supply chain monitoring 17 Recommendations 19 Annex 21 Photo credit: Andreas Gücklhorn/Unsplash EXECUTIVE SUMMARY EXECUTIVE SUMMARY Key messages Renewable energy is key for our transition to a low-carbon economy, but companies’ human rights policies and practices are not yet strong enough to ensure this transition is both fast and fair. Evidence shows failure to respect human rights can result in project delays, legal procedures and costs for renewable energy companies, underlying the urgency to strengthen human rights due diligence. We cannot afford to slow the critical transition to renewable energy with these kinds of impediments. As renewable energy investments expand in countries with weak human rights pro- tections, investors must step up their engagement to ensure projects respect human rights. Renewable energy has experienced a fourfold bioenergy and geothermal industries, increase in investment in the past decade. echoing findings from ourprevious analysis of Starting at $88 billion in 2005, new wind and hydropower companies. investments hit $349 billion in 2015.1 This eye-catching rise in investments is a welcome Alongside the moral imperative, companies trend and reflects international commitments can also avoid significant legal risks, project to combatting climate change and providing delays and financial costs by introducing access to energy in the Paris climate rigorous human rights due diligence policies agreement and the Sustainable Development and processes.
    [Show full text]
  • Environmental and Economic Benefits of Building Solar in California Quality Careers — Cleaner Lives
    Environmental and Economic Benefits of Building Solar in California Quality Careers — Cleaner Lives DONALD VIAL CENTER ON EMPLOYMENT IN THE GREEN ECONOMY Institute for Research on Labor and Employment University of California, Berkeley November 10, 2014 By Peter Philips, Ph.D. Professor of Economics, University of Utah Visiting Scholar, University of California, Berkeley, Institute for Research on Labor and Employment Peter Philips | Donald Vial Center on Employment in the Green Economy | November 2014 1 2 Environmental and Economic Benefits of Building Solar in California: Quality Careers—Cleaner Lives Environmental and Economic Benefits of Building Solar in California Quality Careers — Cleaner Lives DONALD VIAL CENTER ON EMPLOYMENT IN THE GREEN ECONOMY Institute for Research on Labor and Employment University of California, Berkeley November 10, 2014 By Peter Philips, Ph.D. Professor of Economics, University of Utah Visiting Scholar, University of California, Berkeley, Institute for Research on Labor and Employment Peter Philips | Donald Vial Center on Employment in the Green Economy | November 2014 3 About the Author Peter Philips (B.A. Pomona College, M.A., Ph.D. Stanford University) is a Professor of Economics and former Chair of the Economics Department at the University of Utah. Philips is a leading economic expert on the U.S. construction labor market. He has published widely on the topic and has testified as an expert in the U.S. Court of Federal Claims, served as an expert for the U.S. Justice Department in litigation concerning the Davis-Bacon Act (the federal prevailing wage law), and presented testimony to state legislative committees in Ohio, Indiana, Kansas, Oklahoma, New Mexico, Utah, Kentucky, Connecticut, and California regarding the regulations of construction labor markets.
    [Show full text]
  • First Solar Investor Overview
    FIRST SOLAR INVESTOR OVERVIEW IMPORTANT INFORMATION Cautionary Note Regarding Forward Looking Statements This presentation contains forward-looking statements which are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements concerning: effects resulting from certain module manufacturing changes and associated restructuring activities; our business strategy, including anticipated trends and developments in and management plans for our business and the markets in which we operate; future financial results, operating results, revenues, gross margin, operating expenses, products, projected costs (including estimated future module collection and recycling costs), warranties, solar module technology and cost reduction roadmaps, restructuring, product reliability, investments in unconsolidated affiliates, and capital expenditures; our ability to continue to reduce the cost per watt of our solar modules; the impact of public policies, such as tariffs or other trade remedies imposed on solar cells and modules; our ability to expand manufacturing capacity worldwide; our ability to reduce the costs to construct photovoltaic (“PV”) solar power systems; research and development (“R&D”) programs and our ability to improve the conversion efficiency of our solar modules; sales and marketing initiatives; the impact of U.S. tax reform; and competition. These forward-looking statements are often characterized by the use of words such as “estimate,” “expect,” “anticipate,” “project,” “plan,” “intend,” “seek,” “believe,” “forecast,” “foresee,” “likely,” “may,” “should,” “goal,” “target,” “might,” “will,” “could,” “predict,” “continue” and the negative or plural of these words and other comparable terminology. Forward-looking statements are only predictions based on our current expectations and our projections about future events and therefore speak only as of the date of this presentation.
    [Show full text]
  • Analysis of Solar Community Energy Storage for Supporting Hawaii's 100% Renewable Energy Goals Erin Takata [email protected]
    The University of San Francisco USF Scholarship: a digital repository @ Gleeson Library | Geschke Center Master's Projects and Capstones Theses, Dissertations, Capstones and Projects Spring 5-19-2017 Analysis of Solar Community Energy Storage for Supporting Hawaii's 100% Renewable Energy Goals Erin Takata [email protected] Follow this and additional works at: https://repository.usfca.edu/capstone Part of the Natural Resources Management and Policy Commons, Oil, Gas, and Energy Commons, and the Sustainability Commons Recommended Citation Takata, Erin, "Analysis of Solar Community Energy Storage for Supporting Hawaii's 100% Renewable Energy Goals" (2017). Master's Projects and Capstones. 544. https://repository.usfca.edu/capstone/544 This Project/Capstone is brought to you for free and open access by the Theses, Dissertations, Capstones and Projects at USF Scholarship: a digital repository @ Gleeson Library | Geschke Center. It has been accepted for inclusion in Master's Projects and Capstones by an authorized administrator of USF Scholarship: a digital repository @ Gleeson Library | Geschke Center. For more information, please contact [email protected]. This Master's Project Analysis of Solar Community Energy Storage for Supporting Hawaii’s 100% Renewable Energy Goals by Erin Takata is submitted in partial fulfillment of the requirements for the degree of: Master of Science in Environmental Management at the University of San Francisco Submitted: Received: ...................................……….. ................................………….
    [Show full text]
  • Thin Film Cdte Photovoltaics and the U.S. Energy Transition in 2020
    Thin Film CdTe Photovoltaics and the U.S. Energy Transition in 2020 QESST Engineering Research Center Arizona State University Massachusetts Institute of Technology Clark A. Miller, Ian Marius Peters, Shivam Zaveri TABLE OF CONTENTS Executive Summary .............................................................................................. 9 I - The Place of Solar Energy in a Low-Carbon Energy Transition ...................... 12 A - The Contribution of Photovoltaic Solar Energy to the Energy Transition .. 14 B - Transition Scenarios .................................................................................. 16 I.B.1 - Decarbonizing California ................................................................... 16 I.B.2 - 100% Renewables in Australia ......................................................... 17 II - PV Performance ............................................................................................. 20 A - Technology Roadmap ................................................................................. 21 II.A.1 - Efficiency ........................................................................................... 22 II.A.2 - Module Cost ...................................................................................... 27 II.A.3 - Levelized Cost of Energy (LCOE) ....................................................... 29 II.A.4 - Energy Payback Time ........................................................................ 32 B - Hot and Humid Climates ...........................................................................
    [Show full text]
  • Turkey Lake Feasibility Study
    A Comprehensive Solar Energy Power System for the Turkey Lake Service Plaza Contract #: BDK75-977-18 7 January 2010 Project Research Team Charles J. Kibert, Ph.D., P.E., Principal Investigator S.A. Sherif, Ph.D. Robert Ries, Ph.D. Edward Minchin, Ph.D., P.E. Russell Walters, Ph.D., P.E. Lauren Hertel Consultant Al Simpler, President, Simpler Solar, Inc. Research Assistants Kevin Priest Jason Sanders Sean Snowden Srikanth Madala Milind Gholap 01/07/2010 iii EXECUTIVE SUMMARY The Florida Turnpike Enterprise (FTE) has the bold vision of maximizing the use of renewable energy in their operations and potentially supplying all the energy needs of their facilities via solar technologies. To determine the technical and financial feasibility of executing this vision, the FTE selected the Turkey Lake Service Plaza on the Florida Turnpike for a case study to explore this potential shift to renewable energy sources. A University of Florida research team collaborated with FTE and Florida Department of Transportation staff to examine contemporary solar technologies, particularly solar photovoltaic (PV) systems, for their potential to meet the energy needs of the Turkey Lake Service Plaza. The scope of the research included: 1. Evaluation of Solar Electric (PV), Solar Thermal (hot water), and Solar Lighting systems. 2. Assessment of the renewable energy generation potential of the Service Plaza. 3. Designing and planning of photovoltaic systems to determine the energy output. 4. Identification of innovative financing options. 5. Development of a marketing and education concept for the project. The research team concluded that by implementing the Net Zero Energy scenario, the annual electrical energy needs of all the facilities at the Turkey Lake Service Plaza could be met.
    [Show full text]
  • CSPV Solar Cells and Modules from China
    Crystalline Silicon Photovoltaic Cells and Modules from China Investigation Nos. 701-TA-481 and 731-TA-1190 (Preliminary) Publication 4295 December 2011 U.S. International Trade Commission Washington, DC 20436 U.S. International Trade Commission COMMISSIONERS Deanna Tanner Okun, Chairman Irving A. Williamson, Vice Chairman Charlotte R. Lane Daniel R. Pearson Shara L. Aranoff Dean A. Pinkert Robert B. Koopman Acting Director of Operations Staff assigned Christopher Cassise, Senior Investigator Andrew David, Industry Analyst Nannette Christ, Economist Samantha Warrington, Economist Charles Yost, Accountant Gracemary Roth-Roffy, Attorney Lemuel Shields, Statistician Jim McClure, Supervisory Investigator Address all communications to Secretary to the Commission United States International Trade Commission Washington, DC 20436 U.S. International Trade Commission Washington, DC 20436 www.usitc.gov Crystalline Silicon Photovoltaic Cells and Modules from China Investigation Nos. 701-TA-481 and 731-TA-1190 (Preliminary) Publication 4295 December 2011 C O N T E N T S Page Determinations.................................................................. 1 Views of the Commission ......................................................... 3 Separate Views of Commission Charlotte R. Lane ...................................... 31 Part I: Introduction ............................................................ I-1 Background .................................................................. I-1 Organization of report.........................................................
    [Show full text]
  • Department of Energy Loan Guarantee Program: Update on Loan Guarantee Applicants
    Department of Energy Loan Guarantee Program: Update on Loan Guarantee Applicants Passed as part of the Energy Policy Act of 2005, the Department of Energy’s (DOE) Title XVII Loan Guarantee Program has $34 billion in authority to give loan guarantees to innovative technologies.1 The 1705 program also had about $2.4 billion in American Reinvestment and Recovery Act funds to pay for the credit subsidy cost for renewable and energy efficiency projects, but those funds expired on September 30, 2011. So far, the DOE has finalized $15.1 billion worth of loans and committed another $15 billion. Over the life of the program, the DOE loan programs office has received a total of 460 applications as a result of nine solicitations with an median requested loan amount of $141 million—and a high of $12 billion to support the development of a nuclear power plant.2 Below is a list of those applicants which have received conditionally committed or finalized loans based largely on our independent research. There are also companies that are in the process of applying for a loan and companies which have withdrawn or defaulted for financial reasons. Nuclear Power Facilities Current DOE loan guarantee authority for the financing of nuclear projects is set at $18.5 billion with an additional $4 billion now identified for uranium enrichment (see see front-end nuclear cycle below).1 President Obama has requested more. In both his FY2011 and FY2012 budgets, he included an additional $36 billion in loan guarantee authority for nuclear reactors. In late 2009 and early 2010, reports indicated that the final contenders for the first nuclear loan guarantee were: UniStar Nuclear Energy, SCANA Energy, Southern Company, and NRG Energy.
    [Show full text]