A review of the new energy industry for the week (January 16 - January 20)

New Energy Market Review

US solar stocks are on the 17th. Ascent Solar Technologies, Inc., a maker of flexible thin-film solar cells based on copper indium selenide* (CIGS), rose 8.96% to close at $0.73, closing at a record high since November 29, 2011. First Solar rose 0.2% to $40. Suntech rose 8.45% to close at 3.21 US dollars. Yinli Green Energy Holding Co., a Chinese manufacturer of vertically integrated solar cell products, jumped 8.72% to close at 5.11, a record high since September 2, 2011. ReneSola Ltd., a mainland manufacturer of solar wafers, surged 10.55% to close at 2.41 US dollars, its highest level since October 28, 2011.

Liu Tienan, director of the National Energy Administration, said at the Energy Work Conference on January 10 that in 2012, the first batch of solar photovoltaic development plans with a scale of 3 million kilowatts will be implemented during the “Twelfth Five-Year Plan” period. In addition, the German power grid regulatory agency was announced on January 9. In December 2011, the installed capacity of solar panels in Germany reached 3 GW (one billion watts), enabling the country's solar installation capacity in 2011 to reach 7.5 GW. The British energy authority announced that the installed capacity of solar energy in the UK in 2011 reached 761.9 MW (million watts), which was more than 10 times larger than that in 2010.

South Korean solar energy companies are actively seeking opportunities for consolidation and hope to spend the winter in the industry. The South Korean company Woongjin Group considered the merger of Woongjin Polysilicon, Woongjin Polysilicon, and WoongJin Energy, a solar wafer fabrication subsidiary. In addition, Korea Iron & Steel (KISCO) also considered selling its thin-film solar photovoltaic division.

New energy policy

Recently, the "12th Five-Year Plan for National Environmental Protection" (hereinafter referred to as the "Planning") was released to fully implement the "Twelfth Five-Year Plan" environmental protection work. The plan shows that the total environmental protection investment demand for the "12th Five-Year Plan" is about 3.4 trillion yuan. Among them, priority is given to the implementation of 8 key environmental protection projects, and a number of environmental basic surveys and pilot demonstrations are carried out. The investment demand is about 1.5 trillion yuan.

The "planning" proposes that we must reasonably control total energy consumption. By 2015, non-fossil energy will account for 11.4% of primary energy consumption, and key heavy metal pollutants in key regions will have 15% lower emissions than in 2007.

The "Planning" proposes that, in terms of solid waste treatment, by 2015, the comprehensive utilization rate of industrial solid wastes will reach 72%, and the harmless treatment rate of urban domestic garbage will reach 80%. All counties have the capability of harmless treatment of domestic garbage. By 2015, the emission intensity of dioxins in key industries will be reduced by 10%. In terms of sewage treatment, by 2015, the city has added about 160,000 kilometers of urban sewage pipelines and added a daily sewage treatment capacity of 42 million tons, basically fulfilling the sewage treatment capacity of all counties and key established towns, and increasing the sewage treatment facilities' loading rate. By more than 80%, the proportion of solid waste and sewage storage and treatment facilities for large-scale domestic livestock and poultry breeding farms and breeding communities has reached more than 50%.

Corporate News

1) Jinkoo's 18MW power station project provided by JinkoSolar is successfully connected to the grid for power generation

Jingko Energy, a vertically integrated solar photovoltaic module manufacturer in China, announced that the China Guangdong Nuclear Power Solar Energy Development Co., Ltd. (hereinafter referred to as "China Guangdong Nuclear Power", or CGN-SEDC) 18 MW power station project provided by JinkoSolar will be on December 25, 2011. Japan successfully achieved grid-connected power generation.

2) Lida Optoelectronic receives government grant

Lida Optoelectronics obtained three government grants in December 2011. The details are as follows: On December 26, 2011, the company received a government subsidy of RMB 600,000 from Sichuan Changhong Electric Co., Ltd.'s “projector technology development cooperation” project. According to the relevant regulations, the company received a subsidy of RMB 500,000 for the “R&D of solar cells for high concentration photovoltaic systems” project on December 31, 2011.

3) Goldwind wind turbine enters the Chilean market for the first time

Recently, Xinjiang Goldwind Technology Co., Ltd. announced that it has reached an agreement with the world's leading new energy developer, Mainstream RenewablePower, to provide 23 low-speed direct-drive permanent magnet wind turbines GW87 to its first phase of a wind farm project in Chile. / 1500.

4) GCL-Poly to Join Hands with China Merchants to Collaborate with China-US PV Power Plant Business

It may be seen that the main reason for the rise of China's domestic PV market is the large-scale central enterprises. The cooperation between GCL-Poly Energy Holdings Co., Ltd. (hereinafter referred to as GCL-Poly) and the central SOEs has taken a step further and is expected to participate in the preparation for the Chinese domestic PV market in the future.

5) China Light Technology PV solar cell production capacity of 1000 MW

It was learned from China Electronics Technology Group Corporation that in 2011, the Group accelerated the transformation of economic development methods, implemented industrial restructuring, strengthened the cultivation of emerging industries, and made scientific and technological innovation the core of transforming development methods, and vigorously carried out the construction of “Safe City” as its core content. The public safety system engineering and industrialization work has promoted the construction of the largest "Safety Chongqing" digital project in China and the top-level design work of "Peace Beijing".

6) Jingneng Clean Energy Over-allotment 15%

January 16 news, Jingneng Clean Energy announced, stable price action and the end of the stable price period. During the stabilization period, a total of 170,302,000 H shares were over-allocated, representing approximately 15% of the offer shares initially offered under the Global Offering prior to the exercise of the Over-allotment Option.