Solar power prices drop again

A few days ago, relevant officials of the National Energy Administration stated that the cost of photovoltaic power generation was reduced by 50% compared with three years ago; while the price of solar power in China has fallen below 1 yuan per kilowatt-hour regardless of the cost of land, including photovoltaic power generation. The price has dropped to 0.73 yuan. This is undoubtedly very significant for the solar industry. The main reason is that the high cost of solar energy has made the solar industry less economical. The further decline in the price of photovoltaic electricity has solved the major difficulty in the high economic cost of solar power generation. The price of solar power is still 3-4 times that of coal-fired power generation, and it is about 50% higher than that of wind power. At the same time, it is worth noting that the Chinese government is currently supporting the solar energy industry, including support for large-scale grid-connected solar power station construction using electricity price subsidy; 50% of the initial investment in the project will be subsidized by financial funds to support rooftop photovoltaics, etc. Decentralized application.

From the analysis of the power industry, Germany recently announced that it will shut down all nuclear power plants by 2022 and is expected to develop solar energy. In addition, China also announced that it will cancel the subsidies for wind power, and the production capacity of solar energy will be increased one step at a time. This shows that China's new energy development direction is mainly based on the idea of ​​solar energy. Compared with other energy sources, the reliability and durability of solar energy are better than those of other renewed energy sources. It is estimated that the photovoltaic module can be used for 30 years, and after 25 years of use, the efficiency still remains at 80% of the initial installed power. As photovoltaic solar energy technology continues to increase and rich solar energy resources, it is expected that all governments will accelerate the development of solar energy.

In addition, recently, China Merchants Bank and China Development Bank spent 10 billion to support three solar energy companies to establish European projects, which is conducive to the domestic solar energy industry going international. From the perspective of investment strategy, solar energy leading enterprises have obviously benefited from such as: GCL-Poly Energy and Comtec Solar.

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