Posted Date: 2014-01-30 Expiry Date: 2014-04-30
All the winning bids in the latest 170MW Indian state solar auction in Uttarakhand have remained below the INR6/kWh (US$0.09) tariff, despite several bankers commenting on previous auctions that only prices of INR6-6.5 per unit would be workable given India’s market conditions.
On 30th November, China Securities Regulatory Commission (CSRC) released Opinions on Further Promoting IPO System Reforms . This means the resumption of IPO is in sight, the 13-month waiting is worthwhile. However, the new IPO policies posed great challenge for many enterprises including LED firms, and improved the requirement for listed enterprises.
On the list of 83 CSRC-approved applicants for IPO, 9 of them are of electronic background, including 3 LED firms and one LED Lamp firm. The three LED firms include Shenzhen Absen Optoelectronic Co., Ltd., MLS Lighting Co., Ltd., and Kennede Electronics MFG Co.,,Ltd. And the LED Lamp firm is Zhejiang Youpon Integrated Ceiling Co., Ltd.
The above 4 companies mainly focus on midstream and downstream of the LED industry. If they manage to succeed in IPO, the competition of the LED industry will intensify, especially in the LED Packaging and Application fields. Moreover, both Absen and MLS's main business is LED products, which alarmingly overlap with those already-listed LED enterprises. It is easy to imagine if they manage to enter the stock market together, the "bloodshed" in the midstream and downstream of the LED industry will be more fierce next year.
Analyst predicts $7.4BN market by 2017 and an increased focus on research and development.
Related Products:led smd led led lighting
Strong demand in a number of markets, a stable pricing environment and a fresh wave of new capacity expansions have all created favourable conditions for module manufacturers after several years of intesnse competition, IHS said.
In the final quarter of 2015, module shipments are expected to rise 29% year over year to 18.7GW in the quarter.
That growth is expected to continue into 2016, when total module shipments are expected to exceed those seen in 2015 by 10%, according to IHS.
“Compared to prior years, this period of strong growth in solar installation demand, coupled with tight supply, will support relatively robust pricing,” said Edurne Zoco, senior principal analyst for IHS Technology. “In fact average annual prices are forecast to decline significantly less than in previous years.”
But after 2016, PV’s growth trajectory looks less positive, with a slowdown in global demand for modules expected, and a consequential drop in module prices of around 9%. IHS said one of the factors contributing to this scenario is the likely decline in the US market in 2017 if the reduction in the federal investment tax credit goes ahead as planned at the start of that year.
“This year and next year will mark a climax in the recovery of the solar PV sector, after a period of intense price reductions and margin compression, when average gross margins fell into the mid single digits or lower,” Zoco said.
“Even so, the predicted slowdown in global demand in 2017 – on the back of a decline in the United States – is likely to challenge these suppliers once again, since manufacturing capacity additions are set to dangerously outpace industry demand. Competition will intensify, which will lead to accelerating declines in prices and gross margins, for the first time since 2012.”
1/3 Aluminum + 2/3 Plastic body materials. Net weight of single product:0.2(Kg); Quantity (Pcs/Package):24; Package Size:1260*230*180(mm); Gross weight of package:12(Kg).
|Color Temperature(CCT)||Cool white|
|View angle (°)||150°|
|IP rate||IP 20|
The Amaize restaurant in Doral, Florida is the flagship store in a planned chain of fast casual eateries serving Latin-inspired gourmet food. Located just a few minutes from Miami, the 2,760 square-foot store serves an average of 3,300 arepas – the restaurant’s signature dish – on a daily basis. As the Amaize team developed its franchise model, CEO Karen Armando Cohen made a conscious decision to serve as a leader in environmentally-friendly restaurant design and operation. As a baseline goal, Amaize set out to cut at least 20 percent of the Doral store’s total energy use, and to use the building as a model for future locations. To support these lofty sustainability initiatives, restaurant owners first installed energy saving electric burners in the kitchen and implemented a comprehensive recycling program. The next step was to tackle one of any commercial building’s biggest energy hogs: lighting.
In the average restaurant, lighting accounts for approximately 13 percent of total energy use. To mitigate energy consumption and electricity expenses, Cohen and his team looked to commercial LED lighting solutions. Compared to traditional options, LEDs consume up to 85 percent less energy while also delivering a longer lifespan than incandescent and compact fluorescent bulbs. It was also important to find an LED supplier with the breadth of products required to achieve optimal lighting conditions in each area of restaurant. For example, the kitchen needed bright working conditions for its staff, while the dining room had to maintain a warm, inviting ambiance for patrons.
In April 2015, Amaize connected with Conexsol, a Miami-based distributor/ EPC company specializing in improving customers’ profitability through energy efficiency, who recommended ReneSola’s products for the job. “With a variety of high-quality and cost effective lighting solutions in its portfolio, ReneSola was the clear choice to meet Amaize’s unique needs,” said Anthony Lopez, CEO of Conexsol. “The company’s affordable prices, coupled with its unique policy of waiving all freight charges, also allows us to pass along exceptional savings to our customers.” The Conexsol team installed a total of 111 ReneSola LEDs across the kitchen, dining and retail spaces. The installation process took just two days, and was completed with no disruption to service hours.
To date, Amaize has achieved as much as an 80 percent reduction in lightingrelated energy consumption. What’s more, the ReneSola and Conexsol collaboration will yield a full return on investment in only eight months. “We are thrilled with our decision to ‘go green’ with our lighting. With the help of Conexsol and ReneSola, we’ve got a cost-effective LED package that can be replicated across all our locations to conserve energy while improving our profitability,” said Cohen. “We hope our sustainability efforts help raise the bar for the restaurant industry and set a positive example for the local community.”
In the face of inadequate provision of power by the Sierra Leonean government, companies are stepping in to provide solar electricity systems that ordinary Sierra Leoneans can afford.
Since the’80s Sierra Leone has been unable to reliably provide electricity to its citizens. Its capital Freetown, once dubbed “the world’s darkest city”, experiences daily power cuts. Outside the major cities the situation is far worse, with just one in 10 Sierra Leoneans having access to the national grid. That figure drops to 3 percent in rural areas, according to government and World Bank figures.
For now in much of the country it is only the privileged few who can afford to run costly and breakdown-prone diesel generators. Instead, for light, most people rely on kerosene lamps, candles or cheaply made battery powered plastic lights shipped in from China.
But in recent years the country has embarked on something of a solar revolution – at least for lighting and mobile phone charging. Main roads in the larger towns are now lit by solar streetlights. A Laos-based firm, Sunlabob Renewable Energy, is building 13 off-grid solar plants to supply lighting to universities and other community facilities. Up to 60 health centres are now get their lighting and power some electrical equipment thanks to “solar suitcases” installed by We Care Solar, who aim to reduce maternal mortality – Sierra Leone has the world’s highest maternal mortality ratio – by lighting hospitals and clinics. Meanwhile, in February Mulk Energy won a contract to construct a 6MW solar park in Freetown, which is set to be West Africa’s largest. It aims to provide electricity to hospitals, schools, and to 3,000 households by the end of 2014.
Solar energy still supplies a small fraction of Sierra Leone’s energy needs but the Advanced Science and Innovation Company, involved in setting up the solar park, hopes that in two years time one quarter of the country’s electricity can be supplied through renewable sources.
But one particular project has found a way to make solar energy affordable to individual households using a pay-as-you go system. Azuri Technologies (who have partnered with rap musician Akon’s ‘Akon lighting Africa’ project) describes the product, Indigo, as “solar-as-a-service” and says it can cut energy bills by as much as 50 percent. To avoid the prohibitively high costs of buying the system outright, Indigo customers use scratchcards to buy it over time. They pay an initial US$12 to have the unit installed, and then 10,000 leones ($2.30) weekly for 18 months. All those spoken to by IRIN said the Indigo lights were saving them a significant amount of money.
“Yes, we have been saving a lot,” said Aminatta, whose shop selling fabrics, a few rough cut diamonds and cigarettes remains open long after dark. Aminatta was the first of 300 people in the fishing village of Tombo in western Sierra Leone to invest in the device. In five months her weekly payments will cease and her shop will be lit for free.
Mr Benga, also from Tombo, bought two. “Now my children can study here at night,” he told IRIN, pointing to a covered courtyard with a large Indigo LED light dangling against one wall. “I even gave one to my daughter to use in the dormitory at school.”
The International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD) are seeking applications to fund renewable energy projects in developing countries through concessionary loans.
In related news, IRENA today announced that it will participate in “Re-energising the future”, a dedicated “renewable energy track” at the COP21 talks in Paris this year. The track will demonstrate that clean energy and energy efficiency are the most “realistic means to meet our climate goals”. The agency, which has 143 member countries, will host information about the “Re-energising…” track on its official website.
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