Peng Xiaofeng: The Same as the Manufacture of Solar Production Gloves:Part 2

Two major turning point

The summer 1993, secondary school graduates that year, Peng did not do so to studying abroad.

"I went to try to earn money, go round the dream of studying abroad." Years later, Peng did not regret that, not only this, that a few years after graduation to the time Peng Xiaofeng adequate training opportunities for the he has a very introverted young man, started to grow into a competent entrepreneurs.

After graduation, Peng Xiaofeng assigned to the Jiangxi Province Jian import and export companies. After three years, that is, early in 1997, Peng left there, with only 20,000 money Shanghai thought their battles.

That is his life the first great turning point. Peng Xiaofeng want to do foreign trade business, he hoped that work, in Shanghai, but the young Peng Xiaofeng soon found that the hands of only 20,000 money, and even can not afford to pay the rent all. He had to choose entrepreneurship in the local Suzhou.

"At that time also unlike the Suzhou now so advanced that rent is cheap." In March 1997, Peng Xiaofeng made its own in Suzhou's foreign trade business. Peng Xiaofeng gradually began to realize that if you want bigger cause, must be done Industry, and Foreign Trade is not a simple business.

That year, Peng Xiaofeng start with the labor protective gloves, clothing, shoes, glasses, and other business. Peng Xiaofeng labor insurance business will be done in 2003, he knew that this industry is already very mature industry, there can be no significant development. So, he started looking for a new investment direction.

"Frankly, I did not know what sectors should be done." Peng Xiaofeng recalled at that time was confused and slightly laughed, "but I went to Europe, such as travel time, I have seen the development of renewable energy opportunities . "

In 2005, Peng Xiaofeng Jiangxi Xinyu created in the LDK Solar, Peng Xiaofeng life achieved the second major turning point.

Source: 华夏时报 Cao Kaihu Dec. 30, 2007

Link:
Peng Xiaofeng: The Same as the Manufacture of Solar Production Gloves:Part 1
Peng Xiaofeng: The Same as the Manufacture of Solar Production Gloves:Part 2

Peng Xiaofeng: The Same as the Manufacture of Solar Production Gloves:Part 1

December 18, because the former employees and Charley Situ expose the outbreak of the "Stockpile-Gate" incident of the United States New York Stock Exchange listed company, the concept of renewable energy enterprises - Jiangxi LDK Solar announced an independent investigation results show that the company did not exist allegations of the issues involved.

On that day, light rain in Jiangxi Xinyu, a 40 billion worth of Hurun China Rich List ranked sixth, low-key LDK Solar Peng Xiaofeng, chairman of the "Stockpile-Gate" after the first interview with the media, has opened its own mysterious veil.

School business

The formal interview, a suit and sit in front of reporters Peng Xiaofeng obviously is not used. According to the staff of LDK Solar, Peng Xiaofeng LDK Solar in the United States prior to listing rarely wear suits, that is listed in the formal occasions, will be wearing suits.

"I am the person that is the case, kept a very low profile." Peng Xiaofeng said that he was willing to interview, mainly due to the outside world LDK Solar lot of misunderstanding, lack of understanding, that LDK Solar mysterious, "In fact, I do not normally interview also One important reason is that the company is still at an early stage, a lot of work to be done, I hope that more of the time on companies. "

Peng Xiaofeng in the study, it is an introverted person. In 1975, Peng Jian was born in Jiangxi Province, a rural family. 5-year, Peng because reading entire families from the countryside to move to the town. Junior high school graduates that year, the county champion Peng to the identity of Jiangxi's school enrollment (now Jiangxi Province Foreign Vocational and Technical College) International trade professionals.

"At that time, I hope my father must struggle Chengjian professional, because it is very easy to find stability in the city's work." Peng Xiaofeng said, "But, I do not like, I like physics, the child wanted to be a physicist. That time I wanted to test GRE, with scholarships, and studying abroad, because we do not want to give up foreign languages, and therefore opted for foreign trade professionals. "

It is interesting that Peng secondary school in a few years time, it has exposed some business-minded.

Because like English, he usually has to make sense of some foreigners. Since then, Peng began in the oral language school courses to do, because usually the accumulation of a number of good relations with Peng Peng foreigners joined the training course.

"Office training courses, on the one hand can improve their level of English spoken, but also can earn money." Peng recalls that period of time, seems to have been missed, "at that time very happy, but also earned a few hundred yuan.

Link:
Peng Xiaofeng: The Same as the Manufacture of Solar Production Gloves:Part 1
Peng Xiaofeng: The Same as the Manufacture of Solar Production Gloves:Part 2

Solar Battery Industry May Exist Bubble?

10 overseas listing of domestic solar manufacturers, as well as other suddenly popular Chinese manufacturers of solar photovoltaic industry is international in an important pillar of strength and prospects for the future development of how the EU-China Energy and Environment project manager Han Fei come to the conclusion that the long term solar market products supply exceeds demand. However, including Suntech Power (STP.NYSE), and Trina Solar (TSL.NYSE), and other leading manufacturers do not agree with this view.

Yesterday, in the "Second China International Forum of new energy", Han Fei said, although the international market has continued to be popular demand, but because the overall production capacity to enlarge to 2010 global demand is 4.2 GW, Yield is 14 GW.

He said that in 2006 the top five global markets are Germany, Japan, South Korea, the United States and Spain, with Germany occupy 51 percent of the market, and several other countries of the region accounted for 21%, 14%, 10% and 4%. But there is one point worthy of attention, even though Germany is a face-lift capacity of 1150 MW, brings solar cell area reached 675,000 square meters, but the German photovoltaic market growth to zero in 2006, 2007 to 2010, the projected growth is not high, from 1265 MW to 1610 MW, but the annual growth rate of 10%.

According to his research, the greater the potential of the Spanish market, the annual growth rate is about 60%, "the Government of Spain in 2010 that exceeded the size of 200 MW, but now look at the Government to reconsider plans, this would certainly exceed the scale, it is estimated that by 2009 will reach 319 megawatts in the figures. "the Japanese market is Germany's third photoelectric market capacity, but development is not very healthy," the United States is different, the annual solar capacity will rise more than 50% each year . "

He suggested that, if the goal of all continents together, the 2010 total market capacity is 20 G Watts, an annual increase of 20 per cent to 30 per cent, worth about 20 billion euros.

Han Fei more worrying is that due to the excessive growth of the downstream production, solar photovoltaic industry as a whole into an excessive competition.

However, the EU representative said, Suntech Power obviously do not agree. Chairman and CEO Shi Zhengrong yesterday told reporters that the oversupply still hinges on whether the cost and price, "the lowest cost, then the products are more easily sold." And the company's financial director Zhang Yi said, in fact most of the front of a surplus polysilicon manufacturers, "upstream polysilicon manufacturers increased by many companies, which for us is a good thing, upstream silicon material sufficient, then price will be down, we will naturally reduce the cost. "

Trina Solar Gao Jifan chairman said that from 2007, as far as solar cells and modules demand remains large, the upper reaches of the polysilicon supply will be some tension, but in 2008 some of the major polysilicon manufacturing enterprises will be part of release capacity, market demand to ease slightly, "we did have a very strong competition, but to look at the specific operation of the enterprise is how."

Source: 第一财经日报 Wang You Dec. 12, 2007

CHINT Group Plan Construction of Europe's Largest Solar Power Plant

China's largest and the world's third largest manufacturer of low-voltage electrical CHINT Group since announced billions of investment into solar energy industry, finally exposed a vast overseas Solar Programme. CHINT reporters yesterday from the Zhejiang solar technology companies confirmed the general manager Yang Liyou, CHINT Group has decided to invest in Spain one of Europe's largest solar power plant, involving funds of up to 120 million euros.

Yang Liyou Another duty is The new energy of the federation executive vice president of National Association of Industry and Commerce.

"This is CHINT Group to 'go global' strategy represents an important step after CHINT project has been engaged in with a considerable strength, and the foreign direct investment in large-scale solar power station is the first time." Yang Liyou right told reporters.

According to him, CHINT Group will be its overseas partners building this project, the solar technology to be used to come mainly from CHINT own. This collaboration will change the past, only CHINT Group sells its products in the local corporate image, the company will use this opportunity to integrate into the terminal market, and further in the local deep plowing.

We understand that this information is CHINT Group chairman and chief executive officer Nan Cunhui Galicia in Spain and representatives of the Government and entrepreneurs at a forum for the first time disclosed. Galician regional government officials and the region's most well-known entrepreneurs all attended the meeting, and fully displayed the Spanish side CHINT Group of the importance of this investment. According to local media reports, the Government has Galicia solar industrial park project, Galicia in the next few years as the economic development of key projects, the success of this project will have less developed industrial economy Galicia have a tremendous impact.

In the forum, said Nan Cunhui, CHINT Group for Galicia's investment environment and solar power generation industry in Spain has a good prospect. He disclosed that this plan solar Industrial Park, covers an area of 20,000 square meters will be reached, the industrial park will build a 20-megawatt power solar power plants, the whole project investments over 120 million euros. The entire project will create 18,000 local jobs, its annual output value will reach 2 billion euros.

"Local government on this project very much support, in addition to direct help address CHINT Group choice, select partners, but also through trade associations to promote coordination between the parties, the granting of preferential policies also can be said to provide a full range of services." Yang Liyou told reporters that this is a win-win and mutually beneficial projects.

He said that the preliminary estimates, the project will be completed next year will be a fully operational within two years.

As a domestic low-voltage electrical industry boss, CHINT Group already meagre profits are not satisfied with the low-voltage electrical fields. Last year, the company began involvement solar industry, and has set up a specialized solar technology companies. This year in October, the group announced a 1 billion yuan investment in photovoltaic power generation system built production bases, and get the second-generation thin-film solar cell technology the forefront of research and development and production plans by 2010 with an annual capacity of up to 300 megawatts, the realization value of about 12 billion yuan.

Source: 上海证券报 Jun Jun Dec. 14, 2007

QiangSheng Plans Listed on the Nasdaq in 2008

Nantong QiangSheng Technology Company Ltd. Chairman Sha Xiaolin, announced a few days ago in Shanghai, the company the use of advanced thin film amorphous silicon solar battery production technology, is expected to break the long solar power because of the high costs and difficult to promote the bottleneck to use two Photoelectric time in the film battery power price from the current 4 yuan decreases for 1 yuan, Europe and Japan close to the thermal power tariff, the realization of the promotion of solar power.

At the same time, QiangSheng has signed a number of international investment banks intention to introduce risk investment, and plans to next year in September or October, and by the end of next year in the Nasdaq-listed equity scale not more than 100 million shares, to raise 200 million dollars.

Statistics that the United Nations Environment Programme, the scale of China's solar industry ranked first in the world. But our country is more than 95 percent of the polycrystalline silicon photovoltaic cells for battery products, the high cost and complexity of production processes, resulting in high prices and difficult to achieve commercialization. "China Photovoltaic Industry Development Report" data showed that the current photovoltaic power generation cost of about four yuan / degrees, it is estimated that 2020 could be reduced to 1 /, 2030 to be with the conventional thermal power price competition.

QiangSheng late into the solar industry, but conform to the latest international trends, to the new amorphous silicon thin film photoelectric technology. Compared with polysilicon, amorphous silicon thin film deposition battery raw materials used by only 1 per cent of polysilicon batteries, and there is no raw material supply bottlenecks in the production of electricity consumed by only 7-8% of the latter, and non - crystal silicon in low-light conditions under the power-generating capacity was higher than that of polysilicon. In the use of vector, the film amorphous silicon thin film battery is the large-area glass, and can also be activity such as plastic or stainless steel, and architectural decoration into an integrated entity, more extensive applications. Companies are, at present QiangSheng with international research institutions more than amorphous silicon technology to maintain cooperative relations with the progress of scientific research, there is a great decline in the cost of production space.

Nantong QiangSheng invested 25 million US dollars from the United States to introduce the world's most advanced 25 megawatts amorphous silicon thin film solar cell production lines have entered the stage of installation and adjustment, in January next year in production. Sha Xiaolin, the introduction of the first production line is the company's use of its own funds, the second and third lines of production have signed risk investment intention next year to the Nasdaq listing and financing, the company will be in three years to reach production line photoelectric 20 , the total production capacity of 500 megawatts, became the world's top five amorphous silicon thin film battery manufacturers one.

In addition, the company is working with the concerned departments, the plan over three years in Inner Mongolia, Tibet, Xinjiang, Qinghai, Gansu, and other remote areas, the establishment of a group of 1-5 MW of large-scale photovoltaic power plants. According to calculations, the investment cost only domestic demonstration projects for the current 40 %.

Source: 中国证券报 Zhou Songlin Dec. 10, 2007