PV module cost is expected to drop to 0.29 yuan

PV module cost is expected to drop to 0.29 yuan

Technological progress is making surprising changes in the most critical price factors affecting the development of new energy resources: Information from the 2016 China Photovoltaic Conference that is being held here shows that the cost of photovoltaic components has dropped from 1.32 yuan in 2011 to the first quarter of this year. The 0.41 yuan spent five years; by the fourth quarter of next year, the cost may drop to 0.29 yuan.

The conference coincided with the warming of the photovoltaic industry. Top industry technical experts from various countries came together to discuss how to find space for further cost reductions in the optimization and innovation of silicon materials, batteries, components, and systems. Xing Guoqiang, vice president of Suzhou Atos Solar Power Technology, said that at least 10 years in the future, crystalline silicon batteries will remain in the mainstream of the market. He recalled that in the past, the cost of a battery pack was to see the cost per watt; now bids are based on the cost per kWh. No matter what kind of cost, “the rate of decline is too fast”, by the fourth quarter of next year, the cost of PV modules will be reduced to 0.29 yuan, and it is likely that this time can be achieved. The key is the support of technological progress.

Zheng Fangneng, Director of the Energy Division of the High-tech Division of the Ministry of Science and Technology, revealed that the Ministry of Science and Technology is organizing the preparation of the “13th Five-Year” special plan for scientific and technological innovation in the energy sector, focusing on supporting high-efficiency, low-cost solar cells, photovoltaic systems and balancers, and demonstration of solar photovoltaic and photovoltaic systems. And test system research. Encourage the development and application demonstration of grid-connected renewable energy sources such as regional photovoltaics. Wang Weiwei, Director of the Electronic Infrastructure Division of the Electronic Information Department of the Ministry of Industry and Information Technology, stated that the 1+X Green Policy and other plans of the Ministry of Industry and Information Technology listed new energy applications as local characterization as a requirement for green development. A series of favorable policies have been widely considered by the industry as a "strengthening" stimulus for the volatile photovoltaic industry. (Reporter Yu Jian)

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