Chinese firm Hanergy to develop solar-powered car 1

By Du Juan (China Daily)

Renewables firm announces plans to develop totally solar-powered vehicles

Privately held renewables company Hanergy Holding Group Ltd announced on Monday that itwill develop a totally solar-powered car that can go into commercial production in October.

Li Hejun, founder and chairman, said that mobile energy will revolutionize the new material,advanced manufacturing and energy-conservation industries.

Hanergy will cooperate with five vehicle designers－three foreign and two domestic－todevelop three to five models of vehicles. Each will have a thin-film solar battery measuring 6square meters that will power a vehicle for 80 to 100 kilometers after a four-hour chargingperiod.

During a news conference last month, Li said that thin-film solar technology had reached aconversion efficiency of more than 20 percent, which was competitive with traditional solarphotovoltaic panels.

China’s alternative-fuel and electric vehicle industries have expanded rapidly in recent years.

According to the China Machinery Industry Federation, 78,499 alternative-fuel vehicles wereproduced last year, three and one-half times the output of 2013. Of the total, 48,605 wereelectric cars, up 240 percent.

Deputy Minister of Industry and Information Technology Su Bo told an industry conferencelast week that China’s machinery manufacturing sector has “great opportunities” in severalstrategic industries, including alternative-fuel vehicles.

The fast-growing vehicle sector has become a major revenue driver for the machineryindustry, providing as much 32 percent of sales for companies, figures from the federationshow.

Governments at various levels, grappling with serious air pollution, have widely supported theelectric vehicle sector.

But the number of recharging poles for EVs is still relatively small. Hanergy believes thatputting mobile solar thin-film equipment in vehicles will solve the charging problem and driverswill no longer need to pay for electricity or gas.

The company estimated that by 2020, the number of EVs on the roads worldwide will reach 5million to 10 million. At present, there are more than 400,000 EVs worldwide.

Some industry sources have commented that the company’s current strategy of gainingtechnology through acquiring foreign companies is not sustainable.

In August, Hanergy acquired Alta Devices Inc, a California-based developer of high-efficiencythin-film solar cells, following three other acquisitions in the previous two years.

Hanergy, which was founded as a hydropower company, has more than 6 gigawatts ofinstalled hydropower generation capacity, 131 megawatts of wind power generation capacityand total thin-film solar generation capacity of 3 gW, according to its official website.