Continue to run and non-stop

June 26, 2009, China Energy Conservation Investment Corporation (hereinafter referred to China’s energy-saving) investment in the construction of 500 megawatts in Ningxia Sun Mountain photovoltaic grid-connected power generation projects in a 10-megawatt projects and Shizuishan 50MW grid-connected PV projects a 10MW officially start the construction project. This is to enter the solar energy industry in China started the first project laptop battery  .
China to enter the solar energy industry is a positive response to the country’s new energy policy, further demonstration led enterprises to play a central role in the development of a strategic decision. In March 2009, China’s energy-saving and Ningxia Hui Autonomous Region was formally signed Wuzhong city government investment in large-scale desertification photovoltaic grid-connected power plant investment and cooperation agreement. After a multi-scientific investigation and research and feasibility studies, energy planning in China’s Ningxia Hui Autonomous Region Sun Mountain Zone to invest 16 billion yuan building a large-scale 500MW photovoltaic grid-connected power stations, dell Inspiron 1300 , dell Inspiron 1520 , dell XPS M140 at the same time in the development and construction in Ningxia Shizuishan 50MW photovoltaic grid-connected power stations. China’s energy conservation plan is completed within five years, Ningxia 550 megawatts of solar power projects.
All energy-saving project in Ningxia in China after the completion of each year the Internet will reach 1.1 billion in electricity, the annual savings of 385,000 tons of standard coal, reduce emissions of 550,000 tons of carbon dioxide and does not consume fuel, no noise and emissions, is the cleanest way of generating with good environmental benefits.
At present, solar grid-connected PV Hill project a Shizuishan 50MW and 10MW grid-connected PV projects a 10MW project in Ningxia autonomous region by the National Development and Reform Commission issued to the Ning-fat energy [2009] 444 and [2009] Paper No. 447 approved a formal approval given dell Inspiron E1505 , it indicates that China’s formal entry into the energy-efficient development of large-scale solar photovoltaic industry in a new stage.

Since the 2008 fourth quarter, led by Europe and the United States credit freeze on the impact of sluggish demand, the domestic photovoltaic enterprises sharp decline in shipments, the laptop battery component prices fell rapidly. At the same time, polysilicon prices since the fourth quarter of 2008, diving, photovoltaic cells led to a large number of enterprises in mind to prepare the inventory decline. Since 2009, continuation of the trend of prices, from the beginning of polysilicon 150 U.S. dollars / kg fell to about 70 U.S. dollars / kg, and cells from the beginning of the year prices have continued to about 2.5 U.S. dollars / W about 1.6 down to the nearest dollar / watt.
Polysilicon enterprises in single season earnings fell sharply. The first domestic manufacturer kiloton polysilicon silicon industry Xinguang the third quarter 2008 profit of 360 million yuan a single quarter, and a sharp decline in fourth quarter profit to 098 million yuan.
The lower reaches of solar cell manufacturers in product and raw material prices have fallen substantially between synchronous decline in order to survive. Domestic dell Inspiron 1300 Suntech leader in the fourth quarter 2008 gross margin of only one-quarter of 0.6 percent, single-quarter loss of 65.9 million U.S. dollars (-0.42 $ / Ads); to the first quarter of 2009 single-quarter gross margin rose to 17.8%, single-quarter profit 1.8 million U.S. dollars (0.01 $ / Ads). Yingli fourth quarter 2008 gross margin of 13.2% single-quarter net profit of 14.7 million U.S. dollars; the first quarter of 2009 single-quarter gross margin rose to 15.3%, single-quarter net profit of -2070 million.
Since the second quarter of 2009 has been significantly warmer global photovoltaic industry, the domestic photovoltaic enterprises increased shipments. Europe and the United States for credit to finance the restoration of the dell Inspiron E1405 components after the birth of prices gushing out of the potential demand is expected shipments in 2009 will continue to maintain positive growth. Judging from the specific companies, Suntech expects 2009 shipments to 600-700MW, the relative 497.5MW of 2008 an increase of 20-40%; Tianwei Yingli expects shipments in 2009 for 450-500MW, the relative 2008 281.5MW in 60-78% year-on-year increase. However, the dell XPS M140 -chip prices fell by about 40% year-on-year increase in shipments to be 60% to offset the reduction in income. In general, we expect 2009 domestic shipments of solar cell industry will increase by 20%, but the main income will be reduced by 30% - increase in production does not increase revenue.
Pattern in a buyer’s market, there is the quality and reputation of the leading enterprises will increase market share. Profits, it is expected that 2009-2010 Suntech earnings per share for the 0.3 and 0.7 U.S. dollars; Yingli Green Energy 2009-2010 earnings per share were 0.5 and 1.1 million (contribution to Tianwei change security 170 million, 3.7 billion investment income ).