Good policy continues to rise sharply in US PV installations
Since 2010, the United States has paid more and more attention to the development of new energy industries in the country and increased efforts to cultivate its own equipment manufacturers to stimulate economic growth. According to prediction data from various well-known institutions around the world, the photovoltaic market in the United States has become a rising star and has gradually gained popularity among manufacturers around the world. The focus of the global PV market will shift from the European market to the United States, China, India and other Asian emerging markets. The hurricane development of the US photovoltaic market is just around the corner.
First, the U.S. market is full of boundlessness. 1. U.S. installations have risen sharply. In the first quarter of this year, before the end of the impending government stimulus plan, U.S. developers rushed to install and installed 252 megawatts of photovoltaic facilities. This is a 66% increase over the same period last year. The proportion of commercial and government projects was 59%, which was 44% higher than the same period of last year; the proportion of residential projects was 28%, and the remaining 13% came from utility-grade power plants. It is predicted that the installed capacity of the US market in 2011 will reach around 2GW, and it will increase to 6.4GW by 2015. From Figure 1, we can see that compared to 2015 and 2010, the United States’ share in the global PV market will increase from 5% in 2010 to 14% in 2015, and Europe and the Asia-Pacific region will have correspondingly large proportions. The proportion rose.
Figure 1: Global PV demand proportions (source solarbuzz)
2. The US PV market will become the most important growth point after Europe. Since 2011, Germany has lowered the subsidy for on-grid solar electricity, Italy and Spain have successively lowered the subsidy policy, and the Czech Republic plans to impose a solar energy tax. The first quarter was the traditional low season for the installation of photovoltaic power plants and the sale of photovoltaic products. In addition, due to the impact of the subsidy on photovoltaics in major European market countries, the European market grew less than expected. But at this time, the US market has shown good development prospects. U.S. PV project non-delivery orders rose to 12GW, and the installed capacity of photovoltaics in 2011 is expected to double.
Second, a variety of positive policies to help the United States photovoltaic market a force 1, "extended tax cuts" effective December 17, 2010, the United States Congress passed the prolonged tax reduction bill by Barak? President Obama signed into force. According to the bill, the Treasury Department's (1603) plan, which is to use the cash subsidy as an alternative investment tax relief policy, will extend the implementation for one year. The plan was developed by the American Recovery and Reinvestment Act to provide a 30% investment tax concession (ITC) for commercial solar installations.
2. Providing direct guarantees In addition to prolonging the tax reduction bill, the U.S. Department of the Treasury also provides assistance to photovoltaic power plant investors by providing direct guarantees. Throughout the first quarter of 2011, the news that the US Department of Energy provided guarantees for photovoltaic power plants was arguably heard. As of the end of June 2011, the U.S. Department of Energy is providing a conditional guarantee with a total price of approximately $4.5 billion to support the three photovoltaic projects developed by First Solar.
3. Giving priority to land resources that are most suitable for solar energy development The Land Administration Bureau will select the most suitable land for development, with the largest solar energy reserves and the least environmental impact from the 22 million acres (89,000 square kilometers) of land as a solar zone. The solar zone will directly carry out landscape scale planning for future solar projects and enjoy more efficient licensing and site selection procedures.
4. Benefits of Solar Renewable Energy Index (SREC) From a revenue perspective, besides the income from electricity sales, the Solar Renewable Energy Certificate (SREC) is very popular in the northeastern US market. The solar renewable energy index refers to the tradeable indicators represented by the benefits brought by clean energy generation (each time it is generated, it can obtain a certain amount of SREC, either for personal use or for sale to the power company). These indicators are available for trading. . SREC exists in states that have established renewable energy standards (Renewable Portfolio Standards) and have defined solar power generation requirements. 1SREC=1000kwh (photovoltaic power generation). SREC prices are determined by supply and demand, ranging from $85 to $640.
Third, the United States competing to compete in the next 1-2 years, due to the speed of module and system prices are difficult to catch up with the European market fell significantly under the subsidy policy, European power station internal profitability is difficult to sustain, causing the market to slow down, even decline phenomenon. The U.S. market took the opportunity to make efforts. Under the support of the policy, all states began to accelerate the development of the solar energy industry.
According to Figure 2, up to now, 33% of photovoltaic projects have been installed in the United States, 30% of planned projects, and 23% of projects are under installation. Only 6% of projects have not been confirmed. This speed of development has also benefited from the support of the U.S. government. At present, the U.S. Department of Energy's Project Office has already provided US$1.4 billion in guarantees for approximately 733MW of projects in 28 states. The total value of the project is approximately US$2.6 billion. Here we look specifically at the representative areas of the development of the United States solar energy industry.
Figure 2: Proportion of Photovoltaic Projects in the U.S. (Source: solarbuzz)
1. California, known as the "Sunshine State" in the western region, not only has abundant sunshine resources, but also has a lot of desert land with low commercial value, which is very suitable for the development of solar power stations. California is the largest photovoltaic market in the United States with a total capacity of 1,100 megawatts. The seven states with the highest installed capacity of solar energy in the first quarter accounted for 88% of the total market in the United States, which is higher than the 82% in the same period of last year.
On June 17 of this year, it is claimed that the world’s largest photovoltaic power plant has so far started to break ground in Bryce, southern California. The project costs 4 billion U.S. dollars and the designed installed capacity exceeds 1,000 megawatts. It is expected to be completed in 2013.
On December 7, 2010, San Francisco's mayor Gavin Newsom's rhetoric was even more exciting, and made people unrepentant about the future of the US photovoltaic market. He said that by 2020 San Francisco will achieve 100% of the city's electricity from renewable sources.
2. New Jersey, the eastern region, was the most powerful photovoltaic market in the US market in the first quarter of this year. The newly added generating capacity was 42 MW, an increase of 49% over the same period of last year. The total generating capacity of currently operating photovoltaic facilities in New Jersey is 330. MW.
The solar battery market in Pennsylvania also drastically increased. In 2010, more than 50MW of solar power equipment was installed. As of the end of last year, the solar power project operated by Pennsylvania ranked third in the country, with the installed capacity ranking fourth. With 2,434 solar projects in Pennsylvania, Pennsylvania ranks third behind California and New Jersey, generating about 38.5 MW of electricity, enough to meet the electricity needs of 5,800 households.
Even more exciting is the recent announcement of a solar photovoltaic map on the official website of the City University of New York (CUNY). According to reports, 66.4% of New York City buildings are suitable for installing solar systems on the roof. With more than 1 million buildings in New York City, all solar panels generate enough energy (5,847 MW) to meet nearly half (49.7 percent) of peak demand during the day in New York City. It is predicted that 14% of annual electricity consumption in New York City will be provided through solar panels. By 2020, San Francisco will achieve 100% of the city’s electricity from renewable sources.
Since 2010, the residential PV market in the United States and the PV market in the public utilities have been rapidly developed. This flourishing situation has contributed to the sound development of the PV market. It is an indisputable fact that the United States has become the new darling of the photovoltaic industry. How to ensure the sustainability and healthy development of the U.S. market, and avoid the appearance of short-lived scenes similar to the Spanish and Czech market, may be the next topic of concern for the photovoltaic industry.
First, the U.S. market is full of boundlessness. 1. U.S. installations have risen sharply. In the first quarter of this year, before the end of the impending government stimulus plan, U.S. developers rushed to install and installed 252 megawatts of photovoltaic facilities. This is a 66% increase over the same period last year. The proportion of commercial and government projects was 59%, which was 44% higher than the same period of last year; the proportion of residential projects was 28%, and the remaining 13% came from utility-grade power plants. It is predicted that the installed capacity of the US market in 2011 will reach around 2GW, and it will increase to 6.4GW by 2015. From Figure 1, we can see that compared to 2015 and 2010, the United States’ share in the global PV market will increase from 5% in 2010 to 14% in 2015, and Europe and the Asia-Pacific region will have correspondingly large proportions. The proportion rose.
Figure 1: Global PV demand proportions (source solarbuzz)
2. The US PV market will become the most important growth point after Europe. Since 2011, Germany has lowered the subsidy for on-grid solar electricity, Italy and Spain have successively lowered the subsidy policy, and the Czech Republic plans to impose a solar energy tax. The first quarter was the traditional low season for the installation of photovoltaic power plants and the sale of photovoltaic products. In addition, due to the impact of the subsidy on photovoltaics in major European market countries, the European market grew less than expected. But at this time, the US market has shown good development prospects. U.S. PV project non-delivery orders rose to 12GW, and the installed capacity of photovoltaics in 2011 is expected to double.
Second, a variety of positive policies to help the United States photovoltaic market a force 1, "extended tax cuts" effective December 17, 2010, the United States Congress passed the prolonged tax reduction bill by Barak? President Obama signed into force. According to the bill, the Treasury Department's (1603) plan, which is to use the cash subsidy as an alternative investment tax relief policy, will extend the implementation for one year. The plan was developed by the American Recovery and Reinvestment Act to provide a 30% investment tax concession (ITC) for commercial solar installations.
2. Providing direct guarantees In addition to prolonging the tax reduction bill, the U.S. Department of the Treasury also provides assistance to photovoltaic power plant investors by providing direct guarantees. Throughout the first quarter of 2011, the news that the US Department of Energy provided guarantees for photovoltaic power plants was arguably heard. As of the end of June 2011, the U.S. Department of Energy is providing a conditional guarantee with a total price of approximately $4.5 billion to support the three photovoltaic projects developed by First Solar.
3. Giving priority to land resources that are most suitable for solar energy development The Land Administration Bureau will select the most suitable land for development, with the largest solar energy reserves and the least environmental impact from the 22 million acres (89,000 square kilometers) of land as a solar zone. The solar zone will directly carry out landscape scale planning for future solar projects and enjoy more efficient licensing and site selection procedures.
4. Benefits of Solar Renewable Energy Index (SREC) From a revenue perspective, besides the income from electricity sales, the Solar Renewable Energy Certificate (SREC) is very popular in the northeastern US market. The solar renewable energy index refers to the tradeable indicators represented by the benefits brought by clean energy generation (each time it is generated, it can obtain a certain amount of SREC, either for personal use or for sale to the power company). These indicators are available for trading. . SREC exists in states that have established renewable energy standards (Renewable Portfolio Standards) and have defined solar power generation requirements. 1SREC=1000kwh (photovoltaic power generation). SREC prices are determined by supply and demand, ranging from $85 to $640.
Third, the United States competing to compete in the next 1-2 years, due to the speed of module and system prices are difficult to catch up with the European market fell significantly under the subsidy policy, European power station internal profitability is difficult to sustain, causing the market to slow down, even decline phenomenon. The U.S. market took the opportunity to make efforts. Under the support of the policy, all states began to accelerate the development of the solar energy industry.
According to Figure 2, up to now, 33% of photovoltaic projects have been installed in the United States, 30% of planned projects, and 23% of projects are under installation. Only 6% of projects have not been confirmed. This speed of development has also benefited from the support of the U.S. government. At present, the U.S. Department of Energy's Project Office has already provided US$1.4 billion in guarantees for approximately 733MW of projects in 28 states. The total value of the project is approximately US$2.6 billion. Here we look specifically at the representative areas of the development of the United States solar energy industry.
Figure 2: Proportion of Photovoltaic Projects in the U.S. (Source: solarbuzz)
1. California, known as the "Sunshine State" in the western region, not only has abundant sunshine resources, but also has a lot of desert land with low commercial value, which is very suitable for the development of solar power stations. California is the largest photovoltaic market in the United States with a total capacity of 1,100 megawatts. The seven states with the highest installed capacity of solar energy in the first quarter accounted for 88% of the total market in the United States, which is higher than the 82% in the same period of last year.
On June 17 of this year, it is claimed that the world’s largest photovoltaic power plant has so far started to break ground in Bryce, southern California. The project costs 4 billion U.S. dollars and the designed installed capacity exceeds 1,000 megawatts. It is expected to be completed in 2013.
On December 7, 2010, San Francisco's mayor Gavin Newsom's rhetoric was even more exciting, and made people unrepentant about the future of the US photovoltaic market. He said that by 2020 San Francisco will achieve 100% of the city's electricity from renewable sources.
2. New Jersey, the eastern region, was the most powerful photovoltaic market in the US market in the first quarter of this year. The newly added generating capacity was 42 MW, an increase of 49% over the same period of last year. The total generating capacity of currently operating photovoltaic facilities in New Jersey is 330. MW.
The solar battery market in Pennsylvania also drastically increased. In 2010, more than 50MW of solar power equipment was installed. As of the end of last year, the solar power project operated by Pennsylvania ranked third in the country, with the installed capacity ranking fourth. With 2,434 solar projects in Pennsylvania, Pennsylvania ranks third behind California and New Jersey, generating about 38.5 MW of electricity, enough to meet the electricity needs of 5,800 households.
Even more exciting is the recent announcement of a solar photovoltaic map on the official website of the City University of New York (CUNY). According to reports, 66.4% of New York City buildings are suitable for installing solar systems on the roof. With more than 1 million buildings in New York City, all solar panels generate enough energy (5,847 MW) to meet nearly half (49.7 percent) of peak demand during the day in New York City. It is predicted that 14% of annual electricity consumption in New York City will be provided through solar panels. By 2020, San Francisco will achieve 100% of the city’s electricity from renewable sources.
Since 2010, the residential PV market in the United States and the PV market in the public utilities have been rapidly developed. This flourishing situation has contributed to the sound development of the PV market. It is an indisputable fact that the United States has become the new darling of the photovoltaic industry. How to ensure the sustainability and healthy development of the U.S. market, and avoid the appearance of short-lived scenes similar to the Spanish and Czech market, may be the next topic of concern for the photovoltaic industry.