The hottest policy plans to push the photovoltaic

The policy plans to promote the photovoltaic industry to "sail" to Africa

the Ministry of Commerce of China is formulating policies to promote Chinese photovoltaic enterprises to travel to more than 40 countries in Africa to develop photovoltaic power generation markets. In addition, the central government will allocate 200million yuan to international cooperation on climate change in the next three years, mainly to help African countries carry out cooperation in the promotion of energy-saving and emission reduction products and capacity-building

the Ministry of Commerce of China is formulating policies to promote Chinese photovoltaic enterprises to go to more than 40 countries in Africa to develop photovoltaic power generation market. In addition, the central government will allocate 200million yuan to international cooperation on climate change in the next three years, mainly to help African countries carry out energy conservation and reduction. According to the 2018 deeds report released by leading paper enterprises recently, cooperation in product promotion and capacity-building

this is the latest news that China Securities News learned from the Africa special session of the 2012 global photovoltaic industry leaders summit held on November 22. At a time when both Europe and the United States are blocking the journey of Chinese photovoltaic enterprises to the sea, this news undoubtedly injected a warm breeze into the entire industry

Africa's share is less than 1%

according to statistics, by the end of 2011, China's exports of photovoltaic products had reached US $35.821 billion, but in 2011, only 0.82% of these products were exported to the African continent, far lower than Europe's 56.94% share

this is in great contrast to the overall situation of China's overseas investment this year. Huang wenhang, director of the International Cooperation Department of the climate change Department of the national development and Reform Commission, said that Africa has now become China's fourth largest overseas investment destination. By the end of 2011, the stock of China's direct investment in Africa had exceeded US $14.7 billion, and more than 2000 Chinese investment enterprises had settled in Africa

in terms of the current potential of the African continent in the large-scale development of solar photovoltaic, the future prospects cannot be underestimated. According to relevant experts, the African continent, especially the region near the Sahara desert, has the highest solar lighting conditions in the world because it is close to the equator. At the same time, according to the Research Report of the International Energy Agency, Africa's demand for electricity will expand 10 times in the next 20 years to ensure the quality of plastic raw materials

at present, Africa accounted for less than one thousandth of the 27.7gw of photovoltaic installed capacity in the world by the end of 2011. Some countries have some solar module manufacturing plants, but their production capacity is limited to dozens of megawatts

in view of this, Huang wenhang said that in the future, the country will encourage domestic photovoltaic enterprises to go to sea together. In the next step, among the South South cooperation projects between China and Africa, solar photovoltaic products will be included in the product category of assistance to Africa

huchenggang, deputy general manager of Jingke Energy Overseas system project, told China Securities News that at present, in some African countries, renewable energy subsidies and relevant preferential tax policies can ensure the investment and construction of photovoltaic power station projects with low financing costs, and the internal rate of return can reach 20%. Cleaning the machine barrel is much easier than cleaning the screw, which is higher than the return rate of investing in photovoltaic power station projects at home and even in Europe and the United States

investment risks cannot be underestimated

however, the countries with low financing costs of photovoltaic projects referred to by Hu Chenggang are currently limited to countries with relatively strong economic strength, such as South Africa, Algeria and Morocco. In most of the African continent, most of the population still lives in areas without electricity, and even traditional energy is not fully utilized. The investment environment created by the government for investment in renewable energy is far from in place

the obstacles to investing in photovoltaic in Africa may be far more than this. An industry analyst told China Securities News that low starting point, weak market purchasing power and unstable environment are all obvious weaknesses in Africa

zhaochanghui, chief country risk analyst of the Export Import Bank of China, said that investment in the development of photovoltaic power stations in Africa should not only generate electricity, but also determine whether the electricity generated can have users. For most African countries, there is still great uncertainty

guaranteed funds such as world bank loans can minimize the risk of project collection, but for some unstable and young governments, the risk of collection will be the biggest problem. This is also an issue that enterprises and relevant financing parties must carefully consider

Hu Chenggang said that under the background of the current anti pressure from Europe and the United States on the traditional market of photovoltaic power generation, although the market potential of the African market is infinite, the government must also help enterprises establish corresponding financing mechanisms while vigorously promoting it. This is also the core issue that enterprises are generally concerned about at present