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SDI News Samsung SDI Targets China with Key Photovoltaic Material -..
◇ To secure a production base in China, the world’s largest photovoltaic market, by starting Wuxi Plant operation in June ◇ Introduced a new photovoltaic paste product at the SNEC PV Power EXPO 2016 held in China from May 24 to 26◇ Recorded the highest market share in China last year, aiming to advance to global No. 1 this yearSamsung SDI (President and CEO: Cho Nam Seong) (KRX:006400) will start operating its Wuxi Plant in China where “PV paste,” a key photovoltaic material, will be produced. On May 24, Samsung SDI announced that it will start operating a photovoltaic paste production line in its Wuxi Plant located in Jiangsu Province, China in June. In Samsung SDI’s Wuxi Plant, installation of a polarized film production line and a paste production line was concurrently started in September last year. The paste production line was recently completed, and thus will be put into operation first. Samsung SDI has set out a plant to start the operation in a scale of 40 tons a month and to increase the production scale up to 100 tons a month in the future. Having established a system to respond immediately to the demands in China where more than 70% of global photovoltaic modular makers are located, it is forecasted that Samsung SDI’s marketing in China will further be accelerated. In addition, centering on the Wuxi Plant, Samsung SDI will expand its target markets to the Southeast Asian countries, such as Thailand, Malaysia and India, which are emerging as new photovoltaic markets recently. On May 24, Samsung SDI unveiled its new photovoltaic paste, “8800 Series” at the SNEC PV Power EXPO 2016. This is an international photovoltaic exhibition held in China, the largest photovoltaic market in the world. ※ SNEC: Shanghai New International Expo Centre ※ PV: PhotovoltaicSNEC PV Power EXPO, which is held from the 24th to the 26th in Shanghai, China, is the world’s largest solar cell exhibition where new photovoltaic products and services, such as manufacturing equipment, manufacturing technologies and materials, are introduced. In SNEC PV Power EXPO 2016, which is held for the tenth time this year, global major photovoltaic companies including Hanwha Q Cells, TrinaSolar and YingliSolar have set up their booths. 8800 Series, which Samsung SDI unveiled at the exhibition, is a product that delivers improved sunlight-to-electricity conversion efficiency. The conversion efficiency of solar cells developed so far is around 18 – 20% and the industry is strengthening technological development to improve the efficiency as much as possible. Vice President Song Chang Lyong of Samsung SDI Electronic Materials Business Division said, “We have improved market responsiveness by starting Wuxi Plant operation and releasing new products that are applied to high-efficiency solar cells.” He added, “With this, we will advance to a true leader in the global photovoltaic market.”In 2010, Samsung SDI started solar cell paste business based on its PDP electrode material technology with which it was leading the global market. Last year, entering its sixth year of solar cell paste business, Samsung SDI recorded the highest market share in China, the world’s largest solar cell market. This year, Samsung SDI plans to secure the top position in the global market by developing new products centering on its production base in China. New Energy Finance, a market surveyor, forecasts that the global photovoltaic market will grow by an annual average of 9% or higher from 56GW in 2015 to 85GW in 2020. Accordingly, the markets for poly-silicon and PV paste, the key solar cell materials, are also expected to expand continuously. ※ GW: GigaWatt, same as one billion watts[What is PV paste?]PV paste is applied in a thin checkerboard-shaped layer to the surface of a solar cell. Its role is to convert photovoltaic energy to electricity. Comparing it to a leaf, which photosynthesizes, PV paste is an electrode material that functions as a “vein” in the leaf. The amount of solar energy received by a solar cell and converted into electricity depends on the paste performance. Therefore, it is regarded as a key material in a solar cell.SDI News Samsung SDI, displayed its full line-up at Beijing Motor S..
◇ Samsung SDI presented its product, an implementation of world’s top class safety technology◇ Displayed ‘Long-life fast-charging cell’for commercial cars, which allows 80% charging within 30 minutes… Together with other high-tech products including ‘Standard type module’ and ‘cylindrical cell’◇ Providing total solution, spanning from cell to pack, through local ‘one-stop production system’ in China◇ Samsung SDI CEO, Nam-Seong Cho said, “We will take a key part in developing China’s electric car market”□ Samsung SDI (CEO: Nam-Seoung Cho) participated Auto China 2016, held in Beijing from the 25th of this month, and presented various high-tech products targeting China’s electric car market.Samsung SDI has previously attended two major motor shows in China: Beijing 2014 and Shanghai last year. This time, Samsung SDI exhibited its products that implemented world’s top class safety technology, together with various batteries for electric cars spanning from sell to module and pack including fast-charging cell, standard type module and cylindrical cell. □ Those products of Samsung SDI have been developed with its world’s top class safety technologies including overcharging prevention, insulation structure that blocks electrical contact from outside, overheat prevention and temperature control.Especially, Samsung SDI’s battery production lines for electric car are being operated by MEM (Manufacturing Execution System), which benchmarked world’s top-level semiconductor manufacturing technology of Samsung Electronics.By means of MES, Samsung SDI manages production and quality history of its whole products, creating the same legend of “Zero recall” in the field of electric car batteries, as we have achieved it in the field of small-sized battery for IT devices.Samsung SDI’s high-speed charging cell is the industry’s top level product, high-powered and long-lasting cell that no performance degradation occurs even after repetitive charging as fast as 80% within 30 min. This is particularly for the commercial car makers who wish to make it possible to quickly charge the car in a short lunch time and drive in the afternoon. This product can maximize the utilization of electric cars for it enables two successive operations in the morning and in the afternoon.Reducing the charging as well as extending the driving distance is one of the most competitive technologies in the battery industry. Car makers are asking battery companies for developing faster charging cells. Therefore, current release of high-speed charging cells will give more opportunity for Samsung SDI to obtain orders.Samsung SDI exhibited various types of cells and modules including 37Ah, 50Ah, 94Ah, 120Ah, and more. 50Ah cell has improved capacity by 35% compared to 37Ah cell, and 120Ah by 28% compared to 94Ah. In particular, 37Ah and 50Ah cells, and 94Ah and 120Ah cells are applied the same standard type modules, respectively. Standardizing module type makes it easy to standardizing car design, so it’s an advantageous feature.Usually a module consists of 12 battery cells tied together in a row, so applying 50Ah and 120Ah cells to the existing module design allows development of electric cars with extended driving distance, greatly saving development cost. In this respect, it attracts high attention of many car makers.In addition to prismatic type, Samsung SDI also displayed cylindrical batteries, of which Samsung SDI, the world’s top company in the field of small-size battery for IT devices, is holding unrivaled competitiveness. EV companies in China have been adopting more cylindrical batteries recently.Samsung SDI released ’18650 cell’ (18mm in diameter, 65mm in height) together with ’21700 cell’ (21mm in diameter, 70mm in height) that has increased energy capacity by maximum 35%, showing its advanced technology.□ China is now leading the development of global electric car market. According to the research institute like HSBC, 330,000 electric cars (EV and PHEV) were sold in China last year, increased by more than 240% compared to 2014. Moreover, China’s proportion of global electric car sales has jumped from 27% in 2014 to 47% last year.In order to target the Chinese market, Samsung SDI is planning to establish local ’one-stop production system’ for cells, modules and packs to provide total solution to the car makers in China, utilizing Xian plant and battery pack production base of Magna, which it acquired last year.□ The President of Samsung SDI, Nam-Seoung Cho, stated, “As China becomes the world’s largest hub of electric car market, Samsung SDI is going to take a key part in developing China’s electric car market by providing various customized products and establishing local one-stop production system”SDI News Samsung SDI Executed MOU with KEPCO for Export Cooperation..
◇ Initiatives for Joint Entry into Overseas New Energy Businesses between KEPCO and Samsung SDI ◇ President of KEPCO, Cho Hwan-Eik, said, “The MOU this time will serve as the cornerstone for assault on the global market.” ◇ President of Samsung SDI, Cho Nam Seong, said, “The strengths of both companies will be combined to produce the synergy effect.”□ Samsung SDI embarks on the assault on the global ESS market under the cooperation with Korea Electric Power Corporation (KEPCO). On April 19th, Samsung SDI and Korea Electric Power Corporation (KEPCO) executed the MOU (memorandum of understanding) for business cooperation in the field of ESS. The gist of the MOU this time is that if KEPCO discovers the overseas electricity business model, Samsung SDI will supply the batteries and when Samsung SDI tenders bids for ESS projects solicited by major overseas power generating companies, it will cooperate with KEPCO as the partner for the project implementation. In the coming years, Samsung SDI and Korea Electric Power Corporation (referred to as “KEPCO” hereafter) will cooperate with each other in a diversity of fields that utilize ESS. In particular, the two companies will integrate their business capabilities for reciprocal support of related projects such as the smart home, farm, factory and town projects and the energy internet project and they also plan to make joint progress of the export projects for the overseas MV(Medium Voltage) ESS’s in North America, Southeast Asia and other areas, frequency regulation ESS’s and the ESS’s associated with renewable energy. Samsung SDI will particularly supply the batteries optimized for each type of projects. At the signing ceremony the day, president of KEPCO, Cho Hwan-Eik, said, “Samsung SDI will find the opportunity to establish its solid position as a global leader in the field of ESS by way of this MOU,” stressing, “The MOU executed this time will serve as the cornerstone for targeting the global new energy market well beyond the domestic boundary.” Meanwhile, Samsung SDI has already been recognized for its technological capabilities through a number of domestic and overseas ESS projects. In March last year, Samsung SDI executed the MOU for the joint development and sales of the ESS solutions for micro-grids (independent power generating network on a smaller scale) with ABB from Switzerland, a global leading company in electric facilities, and in July it executed a contract for supply of ESS’s with Duke Energy, the largest power generation company in North America. In addition, the frequency regulation (FR) ESS which commenced operation for the first time in the country at Shinyongin Substation in July last year and the ESS’s for micro-grids established across the nation were the result of cooperation between Samsung SDI and KEPCO. The experience of successful implementation of these projects to date is expected to serve as the fertile ground for the cooperation between Samsung SDI and KEPCO in the coming years. The president of Samsung SDI, Cho Nam Seong, noted, “It is expected that huge synergy can be achieved by the active cooperation for the future ESS projects being driven by KEPCO such as the smart town project and others,” saying, “We will expand our cooperation in overseas projects by combining the strengths of the two companies in the fields of electric power and batteries by the execution of the MOU this time.”