Capturing Energy

Hilco’s recent experience in the energy sector includes numerous projects being completed in the Solar Industry. Corresponding with the economic downturn Hilco Appraisal Services has been active conducting valuations for solar cell production and panel assembly manufacturers.

The Top 10 Solar Panel Developers:

Rank

Developer

Sites

MWp

1

First Solar

11

759

2

Juwi Solar

16

406

3

SunEdison

15

380

4

Activ Solar

6

335

5

Belectric

5

290

6

Huanghe Company

4

270

7

Solarhybrid

11

233

8

CECEP

10

213

9

China Guodian Corporation

7

202

10

SunPower Corporation

7

201


http://www.pv-magazine.com/news/details/beitrag/first-solar-tops-pv-project-developer-list_100010603/#ixzz2O7NHb72P

Glossary of Terms:

PV stands for photovoltaic derived from “photo” for light and “voltaic” for a volt, a unit of electrical force.

Solar photovoltaic, or solar PV for short, is a technology that uses the basic properties of semiconductor materials to transform solar energy into electrical power.

Solar PV cell is an electricity-producing device made of semiconducting materials. Cells come in many sizes and shapes. Materials used to make cells include monocrystalline silicon, polycrystalline silicon, amorphous silicon (a-Si), cadmium telluride (CdTe), copper indium gallium (dis)selendie (CIGS), and copper indium (di)selinide (CulnSe2 or CIS).

Panels, or modules, are comprised of a number of solar cells.

 

An array is the collective name for a number of solar modules connected together.

Technology known as crystalline silicon PV accounts for roughly 80% to 85% of global PV production capacity. Typical PV systems can have total useful lives approaching 30 years. The average efficiency of the typical solar panels commercially available is 17% as illustrated in the chart below.  There are means of attaining over 40% efficiency, but those are still in research and development stages.


Technology known as crystalline silicon PV accounts for roughly 80% to 85% of global PV production capacity. Typical PV systems can have total useful lives approaching 30 years. The average efficiency of the typical solar panels commercially available is 17% as illustrated in the chart below.  There are means of attaining over 40% efficiency, but those are still in research and development stages.


NewsletterVol2Issue2Article4

Description: http://upload.wikimedia.org/wikipedia/commons/e/ed/PVeff%28rev130307%29.jpg

Market Analysis:

Consolidation of the industry is becoming prevalent, with most of the changes occurring in North America and Western Europe. Events that have lead up to this consolidation include: governments cutting funding, silicon prices that have fallen, competition amongst solar producers, and general economic uncertainty. It is predicted that by 2015, seven of nine Solar Module manufactures will be located in China, with the other two being based in the United States. Presently the market is inundated with an excess of over 300 Gigawatts per year of Photovoltaic modules up to fiscal year 2015. With the recent trend of solar companies citing sluggish demand and high inventory levels, virtually the whole industry is in a pause. The near-term industry outlook is thus clouded by unnecessary inventory which has led to industry-wide sharply falling Average Selling Prices. Going forward, we expect to see a paradigm shift from a market hoisted by growing governmental/institutional support to one of stable growth, but clearly, that is in the distant future.