Ensuring Power Supply and Promoting the Construction of Large-scale Photovoltaic Bases

In the past two weeks (09.27-10.10), in response to power supply issues, the State Council of China convened an executive meeting to speed up the construction of large-scale photovoltaic bases and promote the implementation of energy-saving and carbon-reducing transformations in key areas. The arrangements made by the State Council will solve the problem of power cuts that have recently appeared, and ensure the basic lives of the people and the smooth operation of the economy. In these deployments, photovoltaics will play an important role. The following is the domestic and international photovoltaic industry information in the past two weeks.

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China Photovoltaic Industry Information

State Council: Ensuring power supply and promoting the construction of large-scale photovoltaic bases

On October 8, the State Council of China held an executive meeting to further make arrangements for the supply of electricity and coal this winter and next spring to ensure the basic lives of the people and the smooth operation of the economy. The meeting pointed out that reforming and improving the market-oriented formation mechanism of coal and electricity prices, adjusting the fluctuation range of market transaction electricity prices from no more than 10% and 15%, respectively, to no more than 20% in principle. The industry can form prices through market transactions and is not subject to a 20% rise. Accelerate the construction of large-scale wind power and photovoltaic bases in the Gobi desert area, and accelerate the construction of emergency standby and peak shaving power sources. Resolutely curb the blind development of the “two highs” project. Improve the local energy consumption dual control mechanism, and promote that new renewable energy consumption will not be included in the total energy consumption within a certain period of time. Promote the implementation of energy-saving and carbon-reduction transformations in key areas.

Encourage rooftop distributed photovoltaic development

On September 30, ten ministries and commissions including the National Development and Reform Commission and the Ministry of Natural Resources issued the “Notice on Printing and Distributing Guidelines for the Standardized and Healthy Development of National Characteristic Towns.” The “Guidelines” pointed out that characteristic towns should, in accordance with the carbon peak and carbon neutral requirements, coordinate to promote high-quality economic development and high-level protection of the ecological environment. Promote clean, low-carbon, safe and efficient use of energy, guide non-fossil energy consumption and the development of distributed energy, develop rooftop distributed photovoltaics where conditions permit, promote clean heating and contract energy management. Promote low-carbon transformation in industry, construction, transportation and other fields, resolutely curb the blind development of “two highs” projects, vigorously develop green buildings, promote prefabricated buildings, energy-saving doors and windows, and green building materials, and promote green construction.

Tianjin promulgated regulations on promoting carbon peak and carbon neutrality to support the development of non-fossil energy such as solar energy

On September 27, the 29th meeting of the Standing Committee of the 17th Tianjin Municipal People’s Congress reviewed and approved the “Regulations on the Promotion of Carbon Peak Carbon Neutrality in Tianjin”, which will come into force on November 1, 2021. The “Regulations” put forward in the “Green Transition” section to support the development of non-fossil energy such as wind energy, solar energy, geothermal energy, and biomass energy, gradually expand non-fossil energy consumption, coordinate the promotion of hydrogen energy utilization, and promote low-carbon energy to replace high-carbon energy.

Lishui, Zhejiang: Accelerate the promotion of distributed photovoltaics and implement the “Photovoltaic +” project

On October 9, the Development and Reform Commission of Lishui City, Zhejiang Province issued a notice on publicly soliciting opinions on the “Implementation Opinions of the People’s Government of Lishui City on Accelerating the Development of Distributed Photovoltaics (Draft for Solicitation of Comments)”. The “Draft for Comments” requires that the large-scale development of distributed photovoltaic counties (cities, districts) is the starting point, and the “photovoltaic +” project will be fully implemented to promote the high-quality development of the green and low-carbon energy industry, and strive to build a green energy base in East China. Strive to add 1.5 million kilowatts of photovoltaic power to the city during the “14th Five-Year Plan” period, and implement policy support for financial rewards and subsidies.

International Photovoltaic Industry Information

Germany’s third-largest state requires solar energy to be installed on the roofs of all new houses

On October 6, the State Assembly of Baden-Württemberg in Germany passed a legal amendment requiring that from May 1 next year, all newly built houses in the state be installed with solar installations on the roof. From January 1, 2023, all existing buildings in the state will also be retrofitted with solar installations on the roof. This move aims to enable the state to achieve its goal of carbon neutrality by 2030. Baden-Württemberg is the third largest state in area and population in Germany, and the state capital Stuttgart is the headquarters of many well-known companies such as Daimler. 

Kazakhstan: Double the share of renewable energy power generation by 2023

According to the official website of the Prime Minister of Kazakhstan, Ma Ming, the Prime Minister of Kazakhstan, hosted a video conference of the Council for the Improvement of the Investment Environment on October 9 to study the development of renewable energy and the transition to a “low-carbon economy”. In order to achieve the goal of achieving “carbon neutrality” by 2060 proposed by President Tokayev at the United Nations Climate Ambition Summit, the Kazakh government plans to double the share of renewable energy power generation by 2023 to 6%, compared with the previous one. The planned realization of this goal in 2025 is greatly advanced. In the next four years, the Kazakh government also plans to put into operation more than 60 new renewable energy projects, with a total installed capacity of 2,400 MW and a total investment of more than 2.5 billion US dollars.

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Under the background of carbon neutrality, “new oil”, photovoltaics will be the first protagonist of future energy development

Foreword: In September last year, President Xi announced at the United Nations General Assembly: China’s carbon dioxide emissions will peak by 2030 and be carbon neutral by 2060. This solemn commitment demonstrates China’s role as a major country in actively responding to climate change and promoting the building of a community with a shared future for mankind. More than 190 countries around the world have once again formed a high degree of consensus to jointly tackle global climate change.

On September 10, the 2021 4th China International Photovoltaic Industry Summit Forum was successfully held in Chengdu, Sichuan. The chairman of Tongwei Group’s board of directors pointed out at the forum: “China has formed an annual photovoltaic system capacity of about 200GW, and the electricity generated by the products produced each year is equivalent to the equivalent of 100 million tons of oil. Photovoltaics is the background of carbon neutrality. The new oil, the future energy exporting country is very likely to turn from the Middle East to China, changing the world’s new energy landscape.”

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Need to balance economic development and environmental protection

As early as August 9, the latest climate analysis report issued by the United Nations pointed out that since the 19th century, humans have obtained energy through the burning of fossil fuels, resulting in global temperatures that are 1.1 degrees Celsius higher than the pre-industrial level. The temperature will continue to rise in ten years, and by then it may be 1.5 degrees Celsius higher than the pre-industrial level.

The report points out that at the end of this century, it is difficult to stabilize the climate at a temperature rise of 1.5 degrees Celsius before the level of industrialization and to achieve the goals of the Paris Agreement. To achieve the goals of the Paris Agreement, carbon dioxide emissions need to be significantly reduced in the next 10 years, and net zero emissions will be achieved by 2050. The Secretary-General of the United Nations therefore pointed out that this report is “a red alert for mankind. Before coal and fossil fuels destroy the earth, their death knell must be sounded!”

“Photovoltaics is the new oil”

At the beginning of this year, Sinopec proposed to build a “one base, two wings, three new” development pattern based on energy resources, with clean energy and synthetic materials as its two wings, and new energy, new economy, and new fields as important growth points. The investment in Fengyang Silicon Valley Intelligent Co., Ltd. is in line with Sinopec’s development direction of “building the world’s leading clean energy chemical company”. It has both financial investment and industrial synergy, and will help Sinopec to take greater steps in new energy and new fields. In addition to Sinopec, large domestic and foreign oil companies have plans to deploy in the field of new energy such as solar energy, and domestic PetroChina and CNOOC are also deploying in the field of new energy. There are more oil companies deploying new energy overseas, and world-class oil companies such as Total, Shell, and BP are all involved in this.

Research and analysis have shown that photovoltaics are the new oil under the background of carbon neutrality. In the future, the major energy exporting countries are likely to switch from the Middle East to China, changing the world’s new energy pattern. This is why the oil giants are so interested in photovoltaics?

As the cost of photovoltaic power generation is reduced to the stage of parity, the global photovoltaic power generation industry is about to enter a new round of stable growth, and photovoltaic power generation will gradually become an important energy supply method. Before the fossil fuel market begins to shrink, Chinese oil companies need to use fossil energy profits to invest in clean energy fields such as photovoltaics to cope with changes in the future energy supply pattern and avoid becoming a single industrial raw material provider.

With the acceleration of the reform of China’s power system, oil companies have the conditions to become power suppliers; oil companies have the space resource endowment to develop the photovoltaic industry, and oil companies can take advantage of the synergy of the industrial chain.

Photovoltaic will be the first protagonist of future energy development

Among the technological paths that can be seen in the next few decades, photovoltaics are relatively inexhaustible, with unlimited resources, high conversion efficiency, short paths, and high use efficiency. They will become the first protagonist of carbon neutrality. Some say it will account for 40% of the future energy composition, and some say it will reach 80%. There is a high probability that 60% to 80% will be provided by photovoltaics. At the same time, with the sound development of China’s photovoltaic industry itself and the resolute implementation of government departments, coupled with a virtuous economic cycle, China’s dual carbon goal may be achieved 5 to 10 years ahead of schedule with the joint efforts of everyone. Photovoltaics is the new oil in the context of carbon neutrality. In the future, major energy exporting countries are likely to switch from the Middle East to China, changing the world’s new energy pattern.

Therefore, photovoltaic power generation has become the most economical power generation method in many countries and regions around the world. It has the conditions for large-scale application and gradually replaces fossil energy, and will become the first protagonist of future energy development.

Posted by Carrie Wong | WSL Solar

WSL Solar has been a quality and professional manufacturer of custom solar panel and solar solution provider in China since 2006.


Source of origin: https://www.wsl-solar.com/Industry_News/2021/0923/photovoltaics-the-first-protagonist-of-f.html

Volkswagen & Didi Enter the Photovoltaic Industry

According to foreign media reports, Volkswagen, one of the world’s largest automobile groups, plans to invest 40 million euros to build solar and wind power plants in Europe by 2025. In this regard, Volkswagen CEO Brandstadt said that this move is mainly to meet the additional demand for renewable energy from electric vehicles.

According to Volkswagen’s previously announced plans, 70 electric vehicles (including Audi, Porsche and other models) will be launched in the next 10 years, which naturally involves the issue of electric vehicles. As one of the world’s largest car companies, Volkswagen has already expanded its layout in the photovoltaic field.

As early as 2017, Asia Clean Energy Capital signed a 4.3MW distributed photovoltaic power generation system service agreement with Volkswagen FAW Engine (Dalian) Co., Ltd. The former will be responsible for the investment, construction and operation and maintenance of photovoltaic power generation projects, while the latter will be purchased at an agreed price in order to achieve better energy conservation and environmental protection.

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In addition, SAIC Volkswagen, another joint venture of Volkswagen in China, has also built a number of distributed photovoltaic power generation. Its luxury brand Audi also proposed a plan to use photovoltaic storage to supplement the energy of electric vehicles.

The establishment of solar and wind power plants in Europe this time is just another deployment of Volkswagen in the field of renewable energy, and it also indicates that traditional car companies are actively moving towards clean energy.

Coincidentally. Recently, news has also revealed that Xiaoju Energy, a subsidiary of Didi, is hiring talents and experts in the fields of photovoltaics and energy storage. Obviously, Didi is also exploring new businesses in the photovoltaic field.

It is reported that Xiaoju Energy is positioned as an energy retail platform, covering multiple energy forms such as refueling, charging, gas refueling, photovoltaics, and energy storage. In the future, it will build a “TOP1 energy platform and an energy company integrating upstream and downstream industrial chains.”

On the one hand, Didi has already used a large number of electric vehicles to replace petrol vehicles in its operations; on the other hand, Didi is also cooperating with car companies, which will produce customized electric models based on Didi’s car needs. After a long period of operation , There will be a large number of power batteries retired, which can be used in the field of energy storage.

It can be seen that Xiaoju Energy will build a closed loop of photovoltaic power generation, power batteries for energy storage, and supplementary energy for its operating electric vehicles, thereby transforming to renewable energy, and at the same time creating a more complete travel ecology from the travel end to the upstream. .

After photovoltaics entered the era of parity, not only leading companies have expanded their production, but Didi and Volkswagen, which is famous for its fuel vehicles, have also entered photovoltaics, hoping to reduce carbon emissions and contribute to carbon neutrality. It can be seen that photovoltaic is indeed an important option for renewable energy at the moment, or it will attract more companies to expand in the photovoltaic field.

Posted by Carrie Wong | WSL Solar

WSL Solar has been a quality and professional manufacturer of custom solar panel and solar solution provider in China since 2006.


Original source from https://www.wsl-solar.com/Industry_News/2021/0507/Volkswagen-Didi-enter-photovoltaic-indus.html

"Thirteenth Five-Year" Photovoltaic Development Report Card: Leading the Development of Global Industry

In 2020, the end of the year, the voice from the 2021 National Energy Work Conference is inspiring: the main goals and tasks of the “13th Five-Year Plan” have been successfully completed, and the construction of a clean, low-carbon, safe and efficient energy system has been accelerated. “Four revolutions, one cooperation” the new energy security strategy presents a new situation with deep roots and vitality.

Looking back at the past five years, the progress of China’s energy industry has been amazing: its independent guarantee capacity has always been maintained at more than 80%, and the relationship between supply and demand has continued to improve; the total energy consumption is controlled within 5 billion tons of standard coal, and the average annual growth rate is controlled at 3 % Or less, the economic and social development and the improvement of people’s livelihood and well-being are guaranteed at a relatively low growth rate… The photovoltaic industry has also delivered a brilliant report card.

At the beginning of the “13th Five-Year Plan”, according to the scale development indicators provided by the National Energy Administration, by the end of 2020, the installed capacity of solar power is expected to reach 160 million kilowatts, and the annual power generation will reach 170 billion kWh; The proportion in the structure is about 7%, the proportion in the newly-added power installation structure is about 15%, and the proportion in the national total power generation structure is about 2.5%.

It is worth noting that the country has also put forward clear indicators for solar power technology innovation. For example, the industrial conversion efficiency of monocrystalline silicon cells, polycrystalline silicon cells, and new thin-film solar cells reach 23%, 20%, and 20% respectively.

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During the 13th Five-Year Plan, China will deploy the solar power generation industry from four aspects:

1. Fully promote distributed photovoltaic power generation. Promote the comprehensive development and construction of distributed photovoltaic power generation systems in areas with construction conditions such as site, resources, nearby access, and local consumption.

2. Carry out the construction of photovoltaic power stations in an orderly manner. Focus on the western regions with good resource conditions, areas with large-scale access and local consumption capacity, combined with the planning of external transmission channels, orderly construct photovoltaic power station bases to ensure photovoltaic power consumption.

3. Actively promote the construction of solar thermal power stations. Focus on Qinghai, Gansu, Inner Mongolia and other western regions with good solar energy resources and relatively abundant unused land resources and water resources. Actively promote a number of solar thermal power station demonstration projects and build several million kilowatt-level solar thermal power generation demonstration bases.

4. Promote the utilization of solar heat. In 2020, the solar thermal utilization industry will form an industrial pattern of balanced development of manufacturing, system integration, and operation services, and a market layout dominated by civil hot water, heating and cooling, large-scale district heating, industrial and agricultural heating, etc.

During the “Thirteenth Five-Year Plan” period, China’s solar energy industry continued to make breakthroughs, intensively cultivated and innovated, and improved day by day, writing a colorful development picture:

Complete the installation target two years ahead of schedule

During the “Thirteenth Five-Year Plan” period, thanks to the continuous rapid growth of electricity load, the continuous optimization of the construction layout of renewable energy projects, and the continuous strengthening of the assessment of power grid dispatching operation, the installed scale of photovoltaic power generation has been growing rapidly, which has troubled the industry for a long time. The consumption problem of development is gradually alleviating.

According to statistics from the National Energy Administration, by the end of 2017, China’s cumulative installed capacity of photovoltaic power generation was 130 million kilowatts, achieving the “13th Five-Year Plan” guiding target for photovoltaic installation ahead of schedule. As of the end of October 2020, China’s installed photovoltaic power generation capacity has reached 228 million kilowatts, which has more than doubled the goal of the 13th Five-Year Plan. Its newly installed capacity has remained the world’s largest for eight consecutive years, significantly exceeding the industry’s expected.

At the same time, the utilization rate of photovoltaic power generation in China reached 98.3%, a year-on-year increase of 0.2%, an increase of 9% from the end of the “12th Five-Year Plan” period. The consumption situation continued to improve, providing strong support for the promotion of high-quality energy development.

From “two ends outside” to a global leader

According to industry statistics, in 2020, China’s global production capacity for polysilicon, silicon wafers, solar cells and modules will account for 69.0%, 93.7%, 77.7% and 69.2% of the global production capacity, an increase of 7.2% respectively. 4. 2.9, 4.0 and 0.9 percentage points, product production capacity and output ranked first in the world, has become one of the main driving forces for the development of the global photovoltaic industry.

With the rapid growth of installed capacity, the conversion efficiency of solar cells and modules in China’s photovoltaic industry is also constantly updating records. As of the end of 2019, the average conversion efficiency of large-scale mono-polycrystalline cells has increased by about 4 and 3 percentage points respectively compared with 2015. The average conversion efficiency of advanced cells such as heterojunction has reached 23.0%, and a number of technological innovations lead the world Industrial Development. China’s photovoltaic industry has gradually transformed from a world processing base with “two ends outside” to a global photovoltaic development and innovative manufacturing base for the entire industry chain.

In addition, during the “13th Five-Year Plan” period, China’s solar thermal power generation industry has also achieved great development. Since the National Energy Administration announced the first batch of solar thermal power generation demonstration projects in 2016, the development of China’s solar thermal power generation industry has been accelerating. As of the end of 2019, the cumulative installed capacity of 420,000 kilowatts, accounting for 6% of the world, and nearly 300 related enterprises in the industry chain. At the same time, the Delingha 50MW CSP station, one of the first demonstration projects, achieved full-load operation, and its peak shaving depth and speed were significantly better than conventional thermal power plants.

Remarkable results in helping to fight poverty

Since the implementation of photovoltaic poverty alleviation in 2015, the national level has issued five batches of special construction scales or plans for photovoltaic poverty alleviation, and has given special support to photovoltaic poverty alleviation in the management of photovoltaic power generation scale, encouraging local areas to use commercial photovoltaic indicators to build photovoltaic poverty alleviation projects for photovoltaic poverty alleviation Make full preparations for the development planning path of the project.

With the joint efforts of all regions and departments, during the “13th Five-Year Plan” period, photovoltaic poverty alleviation has achieved remarkable results. Up to now, the construction tasks of photovoltaic poverty alleviation projects have been fully completed. A total of 26.36 million kilowatts of photovoltaic poverty alleviation power stations have been built, benefiting 60,000 poor villages and 4.15 million poor households. The annual electricity fee and subsidy income can be about 18 billion yuan. Photovoltaic poverty alleviation has become a new format for poverty-stricken counties to promote industrial poverty alleviation. The important industrial support for the collective economy of poor villages to “break zero” has made important contributions to China’s advancement of the 2020 goal of comprehensive poverty alleviation.

The “14th Five-Year Plan” is approaching, and under the guidance of the “30·60” carbon development goal, the new energy industry represented by the photovoltaic industry will occupy a more important position in China’s energy structure, and provide strong support for accelerating China’s “14th Five-Year Plan” and even longer-term high-quality energy development.

Posted by Carrie Wong | WSL Solar

WSL Solar has been a quality and professional manufacturer of custom solar panel and solar solution provider in China since 2006.


Original source from https://www.wsl-solar.com/Industry_News/2021/0114/China-Photovoltaic-Development-Report.html

The Photovoltaic Industry in 2020 – the Stock Price Skyrocketed, and the Price of Photovoltaic Glass Risen

2020 is the final year of the 13th Five-Year Plan, and it is also a very tortuous year. At the beginning of the year, under the influence of the COVID-19 epidemic, many industries have stalled. With the concerted efforts of the people across the country, the economy has begun to recover, and future-oriented renewable energy has also returned to the fast lane of rapid development.

As of the end of October 2020, China’s cumulative installed capacity of photovoltaics has exceeded 230GW, and it is expected that this year’s new installed capacity will be 35GW, an increase of approximately 14% compared to 30.1GW in 2019. Behind the contrarian growth, China’s photovoltaic industry is also quietly ushering in changes.

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New installed capacity grows against the trend

Since the peak of 53.06GW in 2017, China’s newly installed photovoltaic capacity has been declining in the past two years. Especially from 2018 to 2019, the decline has exceeded 30%, making companies and investors more inclined to the development of photovoltaic industry Yu conservative.

However, in 2020, when photovoltaics are not optimistic, the estimated new installed capacity will increase by about 5GW compared to 2019, which exceeds market expectations and paves the way for the re-emergence of the photovoltaic industry. With the continuous decline of module prices, photovoltaics have also entered the protagonist stage with independent vitality from the stage of subsidy profitability.

Specifically, in 2020, distributed photovoltaics will usher in an outbreak. According to data released by the National Energy Administration, China’s newly installed distributed photovoltaic installations in the first November of this year have exceeded 10GW. In addition to the December installation data, it is expected to be 12GW. About one-third of the annual new installed capacity.

Recently, many cities in China have issued subsidy policies for household photovoltaics for up to 5 years. This move will stimulate further growth in the installed capacity of distributed photovoltaics, allowing photovoltaics to truly enter thousands of households and accelerate
photovoltaics to become the ultimate goal of conventional energy.

The market value of photovoltaic companies has skyrocketed

In November 2020, the share prices of Chinese new energy car companies rose sharply, BYD’s market value surpassed Volkswagen, and Weilai Automobile’s market value surpassed BMW. In fact, photovoltaic companies that have received less attention from the outside world have performed equally well.
On July 24, the market value of Longji, a leading photovoltaic company in China, exceeded 200 billion, on October 9 it exceeded 300 billion, and on December 23 it exceeded 350 billion, making it the highest photovoltaic company ever. The stock price also rose from 24 yuan at the beginning of the year to around 93 yuan. The market value of Tongwei shares in second place also officially exceeded 100 billion on July 21.

In addition to component companies, the market value of the supporting supplier Sungrow exceeded 100 billion on December 23, becoming the first inverter company with a market value of over 100 billion.

This situation may make the outside world puzzled, but the internal logic is also very simple, that is, revenue has risen sharply. In addition to the three companies mentioned above, the revenue of most photovoltaic companies in the first three quarters of this year has approached or even exceeded the revenue of the entire year of 2019. The performance is very eye-catching. It is not surprising that the stock price and market value have soared.

The battle for leading companies

In the past ten years, the technical routes taken by Chinese photovoltaic companies have not been consistent, and the differences in market layout have made it difficult for them to form an absolute advantage, and the module shipment champion has changed several times.

In 2011, China’s photovoltaic enterprise module shipment champion was Wuxi Suntech, 2012-2013 Yingli Group, 2014-2015 Trina Solar, 2016-2019 JinkoSolar won the module shipment champion for four consecutive years , Its position is not stable.

By 2020, according to JinkoSolar’s ​​CEO, Mr. Kangping Chen, when he released the third quarter financial report, JinkoSolar’s ​​total solar module shipments in 2020 will be in the range of 18.5GW to 19GW. Although there is more than 30% improvement compared to 2019, it is very likely to give up the championship position this year.

Longi announced in early December that this year’s module shipments have exceeded 20GW, exceeding JinkoSolar’s estimated total shipments, and annual shipments will be higher than 20GW. It is worth mentioning that LONGi’s module shipments in 2019 were only 9.0GW, and shipments in 2020 will increase by at least 120%.

This is inseparable from the high emphasis on technology. A few years ago, LONGi was positioned to develop monocrystalline cells. In 2017, its monocrystalline PERC cell conversion efficiency reached 23.26%, which was the industry’s leading level at that time. Since then, LONGi has made persistent efforts to increase the front conversion efficiency of single crystal double-sided PERC cells to 24.06% in early 2019, setting a world record.

This makes LONGi modules so popular in the market that they have achieved the surge in module shipments today. According to the calculation of the production capacity currently under construction and planning of LONGi, LONGi’s module shipment volume is expected to exceed 30GW in 2021 and continue to maintain rapid growth.

The price of photovoltaic glass unexpectedly soared

With the efforts of photovoltaic companies, the price of photovoltaic modules has shown a downward trend year by year. However, this year due to the epidemic caused some factories to stop production, and the hidden danger of insufficient photovoltaic glass production capacity already exists. The high demand in the second half of the year, coupled with capacity restrictions, further aggravated the shortage of photovoltaic glass.

According to statistics, the average price of mainstream coated 3.2mm photovoltaic glass has risen from 26 yuan/m2 at the end of July to the current 43 yuan/m2, a full increase of 65%, which has caused serious damage to the photovoltaic industry. However, there is also another scene, that is, many companies announced their entry into photovoltaic glass, including Kibing Group, CLP Rainbow and other glass giants.

Based on the 18-month investment and construction cycle of photovoltaic glass, it is necessary to wait at least until the end of 2021 to solve the shortage of photovoltaic glass in China. At that time, the pattern of existing photovoltaic glass companies will also have an impact. Whether existing giants use scale production to maintain their advantages or reshuffle between giants is a major highlight of the photovoltaic glass industry in 2021.

Frequent huge long-term contracts

Troubled by the shortage of photovoltaic glass, major module companies are paying more and more attention to the supply of raw materials, and huge long-term contracts are frequently issued at the end of the year.

In August, Longi signed a polysilicon procurement contract with Asia Silicon Industry for an estimated amount of about 9.498 billion yuan. In December, its seven subsidiaries signed a contract with Xinte Energy for 5 years, and there was a lot of cooperation. In the 270,000 tons of polysilicon material contract, more than 20 billion will be spent in half a year.

In November, Trina Solar signed long-term contracts with Hongyuan New Materials, Changzhou Almaden and other companies with an estimated amount of over 24 billion yuan, covering monocrystalline silicon wafers, photovoltaic glass and polycrystalline silicon materials. Raw materials, silicon rods and slicing projects are also involved.

This move has benefited a lot from Asian Silicon Industry, Tongwei and other raw material companies. It has also stepped out of a dark horse, that is, CNC. This advanced machinery manufacturing and information technology company with a revenue of less than 1 billion for many years Hongyuan New Materials, a subsidiary of the company, signed a huge contract with a leading photovoltaic company, and its share price has risen six times in the past year. This situation has also attracted a large number of companies to set up subsidiaries to enter the photovoltaic industry, but I don’t know if they can replicate the success of CNC.

Write at the end

2020 will be full of challenges for the global economy and major industries, and the photovoltaic industry is not immune. Fortunately, the photovoltaic industry has withstood the test. Not only has China’s new photovoltaic installations resumed positive growth, but many other countries and regions have also returned to the right track in the second half of the year. With the global emphasis on renewable energy and the efforts of photovoltaic people, photovoltaics are bound to usher in greater development in the future and at the same time make greater contributions to the realization of global carbon neutrality.

Posted by Carrie Wong | WSL Solar

WSL Solar has been a quality and professional manufacturer of custom solar panel and solar solution provider in China since 2006.


Original news from https://www.wsl-solar.com/Industry_News/2021/0107/The-Photovoltaic-Industry-in-2020.html

210 Technology Replacement Demand Exceeds 20 Billion, HIT Leads the New Trend of Next-generation Photovoltaic Cells

In the face of the epidemic sweeping the world, the problem of “two-level differentiation” is in front of the photovoltaic people.

SMEs are struggling in a crisis-ridden environment and seeking hope for life, but for leading companies, it is still difficult to stop their pace of active expansion.

The leading domestic solar cell manufacturers are not afraid of the impact of the epidemic and are actively expanding production.

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Recently, Tongwei issued a fixed increase plan, which will raise no more than 6 billion yuan of funds, and it is expected that 4.2 billion will be invested in Meishan Phase II (7.5GW) and Jintang Phase I (7.5GW) high-efficiency solar cell projects.

In addition to Tongwei, LONGi has announced a total expansion of 10GW of monocrystalline solar cells, AiXu expanded by 5.9GW, Jingao expanded by 10GW, and Jinko expanded by 10GW. It is expected that PERC solar cell expansion will reach 30GW this year , The corresponding equipment amount is more than 6 billion, and it is expected to begin to place orders in Q2.

It is worth mentioning that the acceleration of the industrialization of 210 silicon wafers is still the main theme in 2020.

Judging from the announcement issued by Tongwei this year, the above projects are mainly based on the 210-size PERC technology route, and reserve space for PERC + / TOPCON equipment.

From the perspective of this year’s new expansion plan for solar cells, the expansion of solar cell factories led by Tongwei and Aixu are mainly based on 210 large sizes.

Among them, the first 210 solar cell workshop of Tongwei-Meishan Phase I is expected to be mass-produced in mid-May, and the follow-up Meishan Phase II and Jintang 30GW plans will take the 210 route.

In January, Axu announced the mass production of 5GW 210 solar cell production line. It also plans to expand its solar cell capacity to 22GW by the end of 2020, 32GW by the end of 2021, and 45GW by the end of 2022.

As for solar modules, Dongfang Risheng and Trina Solar have successively released 210mm 500W solar modules.

In addition, as the leader of 210 large silicon wafers, China Central also recently announced an investment of 5 billion yuan in the construction of G12 PERC + solar cell lines and shingled solar module projects, which will further promote the industrialization of large-scale silicon wafers.

Relevant institutions judge that the future increase in the penetration rate of 210 technology will exceed market expectations. It is expected that the industry replacement demand brought by large silicon wafers will exceed 20 billion, and Jingsheng Electromechanical as the only supplier of 210 single crystal furnaces will greatly benefit.

It is worth noting that as early as a few years ago, in the photovoltaic industry, there have been disputes between PERC, TOPCON and HIT technologies in the solar cell technology.

It is reported that PERC + is based on P-type silicon wafers and currently has a laboratory efficiency of 23.5% or more. It is necessary to superimpose 4 devices on the original PERC production line. It is expected that a prototype will be released by the end of 2020 and need to be verified by the production line.

TOPCON is based on N-type silicon wafers, with a conversion efficiency of over 23.5%. The equipment is relatively mature, but since N-type silicon wafers and equipment are relatively expensive, the overall cost is higher than PERC +.

The industry believes that the current conversion efficiency of PERC + / TOPCON can reach more than 23.5%, but the cost reduction route is still unclear. It needs to undergo production line inspection and is expected to become a transition path for PERC to upgrade to the next generation of technology.

In terms of HIT, it can be said that the progress has been quite effective. Taking Tongwei as an example, the average conversion efficiency of its multi-main grid starts at 23.5%, and it is expected to see more than 24% in the second half of the year, and the highest efficiency on the production line is close to 25%. But at present, it is still not comparable to PERC in terms of cost performance.

In 2019, in addition to the four HIT test projects of Tongwei and Shanmei International, battery factories such as Aikang and Artus have also successively launched HIT layouts since 2020.

The industry predicts that with the decline of HIT costs and the improvement of conversion efficiency in the next two years, HIT will become a megatrend for the next generation of photovoltaic solar cells.

Posted by Carrie Wong | WSL Solar

WSL Solar has been a quality and professional manufacturer of custom solar panel and solar solution provider in China since 2006.



More Than 60% of Overseas Income, Longji Has Greater “Ambition”?

With the decline in power generation costs, overseas traditional photovoltaic markets and emerging markets have maintained growth.

The data shows that in 2019, there are 15 countries and regions with domestic module export volume exceeding 1GW, an increase of 4 from 2018. Relevant agencies predict that in 2020, there will be about 43 countries with installed capacity exceeding 1GW.

The potential and opportunities of overseas markets are becoming the key to the layout of domestic companies.

As the world’s largest monocrystalline silicon manufacturer, Longji has started accelerating its expansion in overseas markets in recent years. Li Zhenguo said that Longji shares will still increase overseas market expansion in 2020. The shipment of components in overseas markets will account for about 60% in 2019, and the minimum target for 2020 will be no less than 60%.

For the vigorous layout of the overseas market, Longji shares can be regarded as one of the first batch of Nuggets. In this article, let us explore the road of “Overseas Nuggets” for this photovoltaic “king”.

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1. Brazil:

On March 4, 2020, Longji signed a cooperation agreement with Solatio Energy (hereinafter referred to as “Solatio”), a Brazilian photovoltaic power plant developer. According to the agreement, Longji will supply 908MW high-efficiency Hi-MO 4 modules to Solatio for large-scale ground power stations in Latin America and industrial and commercial photovoltaic power generation projects in Brazil.

Solatio is one of Brazil’s largest GW-level photovoltaic power plant developers. The conclusion of this agreement also means that the two parties will join hands to bring breakthrough progress to renewable energy in Latin America.

The Longji Hi-MO 4 module products used in this cooperation have lower BOS cost and LCOE cost, and the excellent performance of the system side has been fully verified in many practical application projects around the world. After the project is completed, it is expected to bring sufficient clean power to Latin America and create hundreds of local employment opportunities.

2. Spain:

Spain is located in southern Europe and is one of the regions with the best light conditions in Europe, which provides excellent prerequisites for the development of the photovoltaic industry.

On February 25, 2020, a photovoltaic power plant in Huelva, southern Spain, was successfully connected to the grid. Longji exclusively supplied modules for the project, totaling 50MW.

The project was invested and constructed by Spanish renewable energy company Alter Enersun and GES. At the commissioning ceremony, Jose Luis Morlanes, CEO of Alter Enersun and GES said, “I am very pleased to cooperate with leading component manufacturers in Longji. The timely delivery of Longji ensures the smooth commissioning of the project. We hope that this project will also be put into production. Can contribute to the rapid development of the Spanish renewable energy market. “

Longji said that it is very happy to bring advanced photovoltaic technology and high-quality photovoltaic products to local customers and partners, and contribute to the development of clean energy in Spain and the entire European region.

In addition, at the “Annual Supplier Partner Conference” held by the Iberdrola Group in Spain last year, Lonkey won the 2019 “Best Supplier” award for its reliable and efficient photovoltaic products and excellent services in photovoltaic power generation projects, becoming the only supplier of the year. The award-winning photovoltaic company is also the only “Asian face” in the award ceremony.

Iberdrola spoke highly of the efficient products and quality services provided by Longji: “Iberdrola hopes to apply more advanced technologies to invest in more projects in the field of clean energy, and cooperation with Longji will accelerate the use of renewable energy in Spain and even Europe. “

3. Vietnam:

On February 23, 2020, an announcement by Longji Co., Ltd. to acquire Ningbo Yize attracted widespread attention in the industry. The announcement pointed out that Longji Leye, a wholly-owned subsidiary, intends to purchase 100% equity of Ningbo Yize in cash, with a benchmark price of 1.78 billion yuan.

It is reported that Ningbo Yize has a registered capital of 500,000 yuan and was established in 2014. Its main business is the production and sales of photovoltaic cells and modules, as well as the existing plant leasing business. It includes a number of holding companies and its production base is located in Vietnam. At present, Ningbo Yize has an annual production capacity of photovoltaic cells exceeding 3GW and an annual production capacity of photovoltaic modules exceeding 7GW.

According to the plan of Longji, taking into account the additional tariffs of the United States and other countries on China’s exports, after the completion of the acquisition, Vietnam will become the company’s second overseas factory after Kuching, Malaysia. It will quickly obtain capacity while avoiding overseas trade barriers. .

In fact, Longji’s previous production capacity was mainly in Malaysia. The relevant person in charge said that the acquisition was mainly for overseas expansion, mainly for export, and at the same time to increase cell production capacity, accelerating Longji’s overseas production capacity.

4. India:

On November 28, 2019, Longji signed a cooperation agreement of up to 1.2GW with Adani Green Energy, the largest photovoltaic power station developer in India, a subsidiary of global energy giant Adani.

According to the agreement, Longji will supply Adani with Hi-MO4 modules with a maximum of 1.2GW and a minimum of 500MW in 2020, and maintain and continue to deepen its strategic cooperation relationship with Adani in the next 3-5 years.

As the second largest photovoltaic market in the world, India has huge development potential, and in a strategic sense, it cannot be ignored.

As early as July 2015, the Indian government launched an ambitious ambitious plan to reach 100GW in 2022. Since 2015, India ’s annual photovoltaic growth has grown at a rate of nearly 100%, surpassing mature markets such as Japan and the United States each year.

It is worth mentioning that from the ranking of component companies in the local Indian media, Longi has been one of the top ten component suppliers in India in recent years. Even, Longji’s exposure in the Indian photovoltaic media is higher than that in other countries.

5. Australia:

Longji began to penetrate the Australian new energy market in October 2016. With its efficient and reliable products, it has developed rapidly in the local area and achieved significant results.

According to statistics, in the first quarter of 2018, Longji shares reached a monthly delivery volume of 10MW in Australian rooftop photovoltaics; in June 2018, Longji signed an order for Australia’s first large-scale ground power station; in October 2018, Longji signed a large-scale Power plant contract, over 300MW; In February 2019, Longji ranked as a TOP 3 exporter of Australian companies.

At this stage, Longji has established a good cooperative relationship with large Australian power station investors and EPC, and has a complete distribution network in the local area. After more than two years of accumulation, Longji’s high-efficiency single-crystal modules are distributed in Queensland, New South Wales, Victoria and other places in Australia.

Longji said that the company will continue to strengthen and consolidate its development achievements in the Australian photovoltaic market in the future, and actively help Australian states to promote clean energy such as solar photovoltaic.

6. United States:

The United States, as the world’s third-largest installed market, has an installed potential in the midst of an explosive period.

Benefiting from the impact of ITC’s tax credit policy, in recent years, the U.S. photovoltaic industry has made steady progress. In 2016, U.S. photovoltaic installations surpassed other new energy installations for the first time, reaching 14.762GW. Since the rebound in 2018, new photovoltaic installations in 2019 will It will reach 13GW, and the newly installed photovoltaic capacity will reach 18.5GW in 2020.

As the installed capacity of photovoltaics in the United States increases year by year, the company’s attention to the United States photovoltaic market has continued to increase, and even Tesla has begun to pursue. Not only is Tesla “unrequited” about the US photovoltaic market, domestic photovoltaic companies have already tilted towards this market.

For the fertile soil of the United States, Longji shares are also very favored. In the latest conference call of Longji, Longji revealed that the company’s capacity layout in Malay focuses on the supply to the United States, and the US market shipments will reach about 3GW .

To sum up:

The global photovoltaic industry looks at China, and Chinese photovoltaic companies are in full swing to expand production.

In terms of overseas expansion, in addition to the above-mentioned countries, Longji shares have also been deployed in Pakistan, Malaysia, Norway and other countries. It can be said that it has achieved rapid development and expansion.

Data show that Longji’s five-year compound growth rate of revenue is 57.34%, and its five-year compound growth rate is as high as 104.80%, continuously ranking among the world’s highest photovoltaic companies. At the same time, the output of single crystal silicon wafers ranks first in the world, accounting for about 40% of the global market share, and the number of single crystal module shipments in the world.

In terms of overseas revenue growth, specifically, in 2017, only 10% of Longji’s products were exported overseas; in 2018, module shipments were 7GW, and overseas shipments accounted for 30%. In the first half of 2019, 76% of Longji’s module products were exported overseas, and the sales of single crystal modules reached 2.4GW, exceeding the full-year level of 2018.

At present, the market value of Longji shares has reached 100 billion, and it has become the company with the highest market value in the photovoltaic industry. Coupled with the highest profit halo, it can be called the “king” in the photovoltaic capital market.

It is worth mentioning that Longji shares mentioned in the recently released 2019 performance forecast that the company’s performance in 2019 will achieve a substantial increase and the overseas market will grow significantly. In 2019, Longji’s overseas market business revenue accounted for more than 60%.

Longji is expected to realize a net profit attributable to shareholders of listed companies of 5 billion to 5.3 billion yuan in 2019, an increase of 2.442 billion to 2.742 billion yuan over the same period last year, and an increase of 95.47% to 107.7%. 19%. At the same time, in 2019, the company expects to realize a net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses of 4.817 billion-5.117 billion yuan, a year-on-year increase of 105.50%-118.30%.

The relevant person in charge of Longji shares said that the photovoltaic industry will develop into a continuous industry with a level of thousands of GW, and it has become the general trend.

For the future, Longji expects that from this period of 2020 to 2025, China’s photovoltaic will start accelerated deployment; from 2025 to 2035, China’s photovoltaic will enter a period of large-scale accelerated deployment. In 2025 and 2035, the total installed capacity of China’s photovoltaic power generation will reach 730GW and 3000GW, respectively, and by 2050, the data will reach 5000GW, and photovoltaic will become China’s largest power source, accounting for about 40% of the national electricity consumption in that year. .

Editor: Carrie Wong / WSL Solar 

WSL Solar has been a quality and professional manufacturer of custom solar panel and solar solution provider in China since 2006.