N-type solar cells

Solar cells

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N-type solar cells
N-type solar cells
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SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Renewable Resources and Alternative Energy
Alternative Energy
Business Model Description

The business model includes the R&D, mass production, and commercial sales of N-type solar cells, which mainly comprise HJT cells and TOPCon cells. Compared with the traditional P-type cells, N-type cells can improve energy conversion efficiency and reduce the cost of PV power generation, which has a promising market prospect.

Expected Impact

N-type cells improve the conversion efficiency of solar power and reduce the cost of PV power generation, but the cost is relatively high and the risk of idle capacity in wind and solar power exists.

How is this information gathered?
Updated: 11 Dec, 2023 Date of Production: 30 Sep, 2021
China
Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
15% - 20% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
> 25% (CAGR)
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
> USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Affordable and Clean Energy (SDG 7)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Climate Action (SDG 13)

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Sector Sources
  • (1) State Council, 2021, Action Plan for Carbon Dioxide Peaking Before 2030 (2) IRENA, 2019, Renewable energy: a gender perspective. https://www.irena.org/publications/2019/Jan/Renewable-Energy-A-Gender-Perspective (3) CQVIP, Renewable energy power generation through solar photovoltaic-recyclable and clean energy (4) National Energy Agency, 2021, Guiding Opinions on Energy-related Work in 2021, http://www.nea.gov.cn/2021-04/22/c_139898478.htm (5) China Central Television Business Channel, https://mp.weixin.qq.com/s/2ORooQlg9MDlzsbHGH5xww (6) Solarbe Global, https://news.solarbe.com/202107/30/342436.html
IOA Sources
  • (7) Guangfu.bjx.com.cn, https://guangfu.bjx.com.cn/news/20210308/1140183.shtml (8) cls，2021，2022 will be the first year of N-type components industry chain in the next five years or usher in an explosive period，http://news.hexun.com/2021-12-15/204935928.html (9) Shanghai Aiko Solar Energy Co., Ltd, Advance Schemes Report on the Non-public Issuance of Stocks by Companies Listed on A Shares (3rd Revision), http://www.cninfo.com.cn/new/disclosure/detail?plate=sse&orgId=gssh0600732&stockCode=600732&announcementId=1211147394&announcementTime=2021-09-25 (10) LONGi Green Energy Technology Co., Ltd.: Response to Feedback on the Application Document for Public Issuance of Convertible Bonds (Revision), http://static.cninfo.com.cn/finalpage/2021-09-24/1211136005.PDF (12) IRENA，https://www.irena.org/-/media/Files/IRENA/Agency/Publication/2019/Jan/IRENA_Gender_perspective_2019.pdf (13) IRENA，https://www.irena.org/newsroom/articles/2018/Aug/Harnessing-the-power-of-renewables-in-refugee-camps (14) National Energy Agency, http://www.nea.gov.cn/2021-03/30/c_139846095.htm (15) Xinhua News Agency, The Outline for the 14th Five-Year Plan for Economic and Social Development and Long-Range Objectives through the Year 2035, http://www.gov.cn/xinwen/2021-03/13/content_5592681.htm (16) China5e, https://solar.in-en.com/html/solar-2326665.shtml (17) Liu Shiyu, Chen Junjie, Analysis and suggestions on new energy consumption situations in the 14th Five-Year Plan, https://guangfu.bjx.com.cn/news/20210918/1177646.shtml (18) International Finance News, https://www.ifnews.com/news.html?aid=120205 (19) Forward Intelligence, https://www.qianzhan.com/analyst/detail/220/211026-94e921f2.html (20) Kesolar, https://www.kesolar.com/headline/181817.html (21) State Council, Guiding Opinions of on Accelerating the Establishment of a Sound Economic System with Green, Low-carbon and Circular Development, http://www.gov.cn/zhengce/content/2021-02/22/content_5588274.htm (22) National Development and Reform Commission, 2021, "Catalog of Industries Encouraged for Development in the Western Region (2020)", http://www.gov.cn/gongbao/content/2021/content_5598119.htm (23) National Development and Reform Commission, 2020, Notice on Issuing the Green Technology Catalog (2020), http://www.gov.cn/zhengce/zhengceku/2021-01/08/content_5578253.htm (24) Ministry of Industry and Information Technology, 2021, Intelligent PV Industry Innovation Development Action Plan (2021-2025), http://www.gov.cn/zhengce/zhengceku/2022-01/05/content_5666484.htm (25) National People's Congress, 2013, Renewable Energy Law of the People's Republic of China (Revision) (26) Ministry of Industry and Information Technology, 2013, Standard Conditions for the Photovoltaic Manufacturing Industry, https://www.miit.gov.cn/xwdt/gxdt/ldhd/art/2020/art_051f4d608dd44286a9fc53a84320f103.html (27) National Development and Reform Commission, 2021, Notice of Encouraging the Intensified Financial Support to Promote the Sound and Orderly Development of Wind Power and Photovoltaic Power Industries, https://www.ndrc.gov.cn/xxgk/zcfb/tz/202103/t20210312_1269410.html?code=&state=123