Solar Power News
Japan Nuclear Crisis: Solar Power Becomes the Brightest and Clearest Renewable Energy in the World
Written by Raina Xiao Saturday, 21 May 2011 00:30
Japan Nuclear Crisis: Solar Power Becomes the Brightest and Cleanest Renewable Energy in the World
China continued to solidify its position last year as the world's green investment leader, according to a report released Tuesday by the U.S.-based Pew Charitable Trusts, a non-profit, non-governmental organization.
The report said that Germany and the United States follow China as the world's biggest green investors. Clean energy investments in China reached 54.4 billion dollars in 2010, up 39 percent from the previous year, the report said.
China may lift its 5-year goal for solar power capacity from five gigawatts (GW) to 10 GW by 2015, a National Energy Administration (NEA) official told Xinhua Wednesday.
Shi Lishan, deputy director of the renewable energy department of the NEA, confirmed
a media report on the possible adjustment of photovoltaic (PV) industry's future capacity.
In light of recent nuclear crisis in Japan, the revision is likely to be approved though it is still under discussion, according to an article from the Wednesday edition of the China Securities Journal.
China may fine tune its nuclear power development plan, as the nuclear crisis in Japan has triggered safety concerns, the article said.
Shortly after Japan's Fukushima Daiichi nuclear plant was crippled by a massive earthquake-triggered tsunami in March 11, which led to radioactive leak, the State Council, or China's cabinet,
said it would "adjust and improve" China's nuclear plan and has already suspended its approval process for new nuclear power stations.
However, officials have not yet indicated any possible change for the country's long-term nuclear energy plan.
China plans to use non-fossil fuels to supply 15 percent of its total power by 2020, up from the current level of 8 percent. Nuclear power is expected to account for 4 percent of the country's power needs. Therefore, any scaling back of China's nuclear plans will require a commensurate increase in wind, solar and hydroelectric energy if the country still plans to meet its 2020 target, the article said.
PV producers are confident that solar power is the most likely to fill the supply gap as hydroelectric development is facing a lot of pressures such as environment and the evacuation of local residents.
In addition, wind power is still limited by underdeveloped ultra-high voltage transmission lines,
according to a quote from the article by Xu Hongjian, vice president of Yingli Solar's Beijing office.
Wellsee Solar is one of China's largest PV suppliers.
China is the largest solar panel producer in the world, but 90 percent of these panels are sold overseas, according to statistic research, solar power produced in China only accounts for 1 percent of the world's total, mainly due to its relatively high cost compared to thermal power and hydroelectric power.
Japan's nuclear leak has made many countries rethink the safety issues of nuclear power, which will give other clean energy sources, especially solar power, an opportunity to develop even faster and cleaner. Although it is costly, solar power has great development potential due to rich availability and rapid technological advancement.
Wellsee New Energy has just developed a new technology that could cut the cost of producing silicon, an important material in manufacturing solar panels, by 60 percent. The cost of an entire solar cell production line could be reduced by 10 percent.
In addition to these cost cuts, the new technology could also increase the efficiency of solar panels manufactured with the new technology in place.
Facing the challenge, Wellsee New Energy Plan to Build WELLSEE (China) Photoelectric CO., LTD
WELLSEE company has appropriated a large land to build PV production base --WELLSEE (China) Photoelectric CO.,LTD , the base located in national high-tech development zone, covering 68 mu(45,333.33 square meters), with the aim to build a modern garden-PV Series Development and production base.
WELLSEE PV production base has Well-developed transportation condition, adjacent to the international airport and railway. The 10,000 ton-class deepwater wharfs is under construction just 2 kilometers away from the PV base, and the new Yangtze River Bridge here has approved and under investigation now. Besides, Wuhan largest logistics hub will be built up here soon. The land has great investment value and unlimited appreciation potential!
The major construction projects of WELLSEE PV production base include:Office buildings, staff dormitory , executives residential building, staff canteen, research buildings, manufacturing workshop. The Infrastructure construction expense is more than 50 million yuan, and production equipment and working capital are more than 80 million yuan. After the company established, it can solve the local employment problem, hire more than 500 people. Besides, the company profits and taxes will exceed 100 million.
Now, we sincerely desire to invite investment and cooperation partner to join in. Cooperation ways as below:
A: Sino-foreign joint venture Enterprises, both shareholder or controlling shareholder are ok. The company temporary named as WELLSEE (China) Photoelectric CO.,LTD.
B: Five projects: solar panels, solar controllers, solar inverters, solar lights, solar batteries. Partner can choose to cooperate on separate project, in this case, it will keep separate accounts and profit- sharing. Or partner can choose to invest as exclusive region agent, and share year-end profits in proportion of investment.
C. Other forms of investment cooperation. Welcome to contact us by call or email.
We believe, with the development of WELLSEE accumulated sales experience over the years, the existing resources of a large number customers, the brilliant solar industry market prospects, the great scale of the under construction plants and well-developed transportation, your join will bring great success and profit for you!
WELLSEE PV production base will start construction on June 1, 2011, which lasted seven months, will completed on December 30, 2011. On January 1, 2012, the company will held a ceremony for the opening of the plant . We invite you to attend the ceremony of WELLSEE (China) Photoelectric CO.,LTD., visit the plant and give some guidances. The company will arrange accommodation, as well as generous gifts for you.
Welcome home and abroad discerning and competitive businessmen to visit and discuss about cooperation. WELLSEE (China) Photoelectric CO.,LTD. Warmly invite you to join us.
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