CCID Consulting: Review and Forecast on China’s Solar Cell Industry

BEIJING, Dec.23 /PRNewswire-Asia/ — CCID Consulting, China’s leading
research, consulting and IT outsourcing service provider, and the first
Chinese consulting firm listed in Hong Kong (Hong Kong Stock Exchange:
HK08235), recently released its article on China’s solar cell industry.

Affected by global financial crisis in 2008, the global economy is going
through a difficult winter. China’s solar cell industry has been enjoying a
period of stable and rapid growth in recent years, which is likely to be
slowed under the current economic environment. However, China’s solar cell
industry still attracts manufacturers’ and investors’ attention in 2008. The
output of China’s solar cell industry in 2008 is expected to break through
2000MW. Compared with 2007, China’s solar cell industry maintains a rapid
development pace.

    Figure: China's Solar Cell Output, 2005-2008

http://www.ccidconsulting.com/en_upload/14064.jpg

    Source: CCID Consulting, Dec.2008

CCID Consulting forecasts that in 2009, with demands for renewable, clean
and security energies increasing, innovations in thin film techniques and
falling costs, China’s solar cell industry will undergo a restructure period
in its industry chain. The new application of thin film solar cell and other
power supply will appear.

Governmental Support Brings Opportunities to the Solar Cell Industry

The promulgation and implementation of China’s Renewable Energy Law will
allow the size of China’s photovoltaic industry to expand in the next two
years; China’s solar cell industry will become gradually mature. Among the 4
trillion Yuan the nation promised to invest to boost economic growth,
energy-saving, environmental protection and new energy industries will be
playing important roles, that these investment will drive the rapid
development of the solar cell industry.

Thin Film Technology Under Spotlight

Among amorphous silicon photovoltaic cell technologies, thin film solar
cell technology is considered to be most suitable for large scale
industrialization. In next two years, thin film technical progress and
conversion rate’s improvement will gradually highlight thin film solar cell’s
cost advantage. Restricted by silicon materials, major manufacturers have
transferred to invest in thin film. In 2009, this trend will be more obvious.
With major manufacturers’ thin film technical successive investment and
production, despite that thin film technology cannot completely replace
crystalline silicon technology in the short term, based on its cost advantage,
its market share will increase rapidly.

Industry Chain Faces Local Adjustment

Solar power generation (photovoltaic generation) industry chain includes
upstream polysilicon production, midstream silicon cutting and solar cell
production and downstream solar cell components production. More and more
enterprises will focus on the midstream and downstream. Upstream manufacturers
and VC will enlarge their investment in silicon cutting and solar cell
production. Industrial integration trend will strengthen.

Demands in China’s Domestic Market to Surge Next Year

In the short term, China’s solar cell industry will still need to rely
heavily on silicon raw materials and terminal market. More than 90% of
polysilicon, main raw material of solar battery depends on import and more
than 90% terminal products rely on export. Demands on domestic solar battery
market are to be lifted.

Solar battery products will be more popular, getting along with
environment protection and energy saving policies. Mobile solar battery will
appear in the market due to energy saving, 3G, uniform mobile phone charging
interface, and other policies.

About CCID Consulting

CCID Consulting Co., Ltd. (hereinafter known as CCID Consulting), the
first Chinese consulting firm listed in the Growth Enterprise Market of the
Stock Exchange (GEM) of Hong Kong (stock code: 8235.HK), is directly
affiliated with China Center for Information Industry Development (hereinafter
known as CCID Group). Headquartered in Beijing, CCID Consulting has so far set
up branch offices in Shanghai, Guangzhou, Shenzhen, Wuhan and Chengdu, with
over 300 professional consultants after many years of development. The
company’s business scope has covered over 200 large and medium-sized cities in
China.

Based on major areas of competitiveness: industrial resources, information
technology and data channels, CCID Consulting provides customers with public
policy establishment, industry competitiveness upgrading, development strategy
and planning, marketing strategy and research, HR management, IT programming
and management. CCID Consulting’s customers range from industrial users in
electronics, telecommunications, energy, finance, automobile, to government
departments at all levels and diversified industrial parks. CCID Consulting
commits itself to becoming the No. 1 advisor for enterprise management, the No.
1 consultancy for government decisions and the No. 1 brand for informatization
consulting.

    For more information, please contact:

     Cynthia Liu
     Coordinating Manager
     CCID Consulting Co., Ltd.
     Tel:   +86-10-8855-9080
     Email: liuyan@ccidconsulting.com

SOURCE CCID Consulting Co., Ltd.