China Sunergy Co., Ltd. (NASDAQ: CSUN) - China Sunergy is a specialized solar cell and module manufacturer, today announced its CTO, Dr. Jianhua Zhao and research director and vice president, Dr. Aihua Wang shared the 2013Advance Global Australian Awards. Zhao and Dr. Wang received the first of the awards - Australians. The awards ceremony on March 21, 2013 of the Government of Australia and the Australian Financial Review Cooperation held at the Museum of Contemporary Art in Sydney.
Business consulting firm Frost & Sullivan estimates that the Indian solar market capitalization of $ 2.05 billion in 2013, an increase of $ 1.05 billion more than last year. Frost & Sullivan's latest report: the the JNNSM projects being developed by the Government of India to promote solar energy industry, especially the battery components and battery manufacturing growth.
The NNSM project is Promoting investment in local manufacturing of solar products, chemical materials and materials market new opportunities. The annual compound growth rate in 2015 is expected to reach 22.5% in the use of materials and chemical raw materials demand in the local buy solar panels cell and module processing; Over the same period, the annual compound growth rate of demand for PV module parts will reach 25%.
Since the peak electricity supply gap, the floating flexible prices, the lack of coal and nuclear power uncertainty. Like clean energy such as solar energy will become the future India renewable energy generation in the future. The the JNNSM projects mandatory installation of PV small solar panels modules of the real estate in India, India has the opportunity to develop cell and module processing chemical raw materials market.
Report: investment like such as sealing products can benefit from shorter production lead time JNNSM projects at the same time to get the support of the Government of India, will help local manufacturers in India to deal with the challenges of the Chinese company. Innovation, reduce costs and improve efficiency to ensure the continuous development of the market.