In February of this year, although there was a lot of bad news from the photovoltaic industry, many companies such as CNOOC, Yamei Energy Investment Group, GCL-Poly, and LDK also announced that they would enter the industry or expand this business. In the fall of last year, Chairman of Hon Hai Group, Mr. Gou Tingming, announced that he invested 100 billion yuan to enter the photovoltaic industry, which has caused the attention of the industry.
According to the reporter’s understanding, many industry experts stated that at present, the photovoltaic industry is in a cold period. In the coming period, companies in the industry will face the plight of large-area bankruptcy. However, for a strong company, it means an opportunity. The photovoltaic industry will Shuffled cards in recent years.
According to the China Semiconductor Industry Association, a recent survey by the German Institute of Future Energy Systems (IZES) shows that solar photovoltaic power generation has reduced the average price of German electricity by 10%. Especially in the afternoon when the peak demand for electricity and the highest cost of electricity, solar photovoltaics reduced the price of electricity during this period by nearly 40%.
From this perspective, the outlook for the photovoltaic industry is bright. At present, the photovoltaic industry is in the darkness before dawn. Whoever survives will win. Some experts said that the only guarantee for the period of surviving winter is capital.
Compared with disadvantaged companies, capital-rich companies have a very strong advantage in ensuring that the contrarian expansion. On February 21st, LDK’s acquisition of the German Sunways AG equity project was approved by the German Federal Cartel Administration and will be completed by May.
At the same time, GCL-Poly has gone further on the road to internationalization. On February 6th, GCL-Poly and NRGSolar LLC, the US photovoltaic power project developer, established joint ventures through their wholly-owned subsidiaries, each holding 50% of the shares. On February 14, GCL-Poly announced that it will develop more than 1GW of US photovoltaic power plant projects through **.
An industry insider who asked not to be named told reporters that many corporate bankruptcies are caused by the breakage of the capital chain. Photovoltaic companies such as GCL-Poly that have sufficient funds will not be bankrupted due to capital problems, so companies can expand in contrarian directions.
Meng Xianjin also believes that in the current situation, large companies and large consortiums have entered the photovoltaic industry. They have advanced technology and abundant funds and can survive the winter.
Photovoltaic industry welcomes integration of inflection point After China's photovoltaic industry has undergone a natural and disorderly development process, it is currently entering the adjustment stage. According to Meng Xianyu, vice chairman of the China Renewable Energy Society, last year, China's photovoltaic company's production capacity reached 40 GW, production reached 21 GW, exports 16 GW, domestic assembly is only 2.8 GW, serious overcapacity, the industry has reached an inflection point.
At the same time, Xiao Zhong, a research fellow in the China Investment Group's new energy industry, is very optimistic about the photovoltaic industry. He told reporters that the prosperity of the photovoltaic industry has not yet arrived and the market space is still huge. The current low point is a golden opportunity for the integration of the photovoltaic industry. Some companies with strong capabilities enter the photovoltaic industry or expand the photovoltaic business in order to seize the opportunity before the photovoltaic industry recovers. For powerful companies, it is the best time to invest in the photovoltaic industry.
On February 18th, 14 new energy companies including Shandong Juhuang New Energy, Kim Jung Da International, Shanyi New Energy, Shandong Shantai Group, Shandong Dian Group, Shandong Energy Group, Taiwan Dingyi International Optoelectronics Group and other 14 new energy companies were jointly established in Shandong. A new energy company, the Asian American Energy Investment Group.
In this regard, the giant emperor New Energy said, "The current situation of the photovoltaic market is not ideal, the profits of all aspects of the industry chain has been severely reduced, the establishment of a joint venture is equivalent to "clustering to warm."
In addition to the “bugging†of Yamei Energy Investment in the winter, Tianjin Lishen Battery Co., Ltd., a subsidiary of CNOOC, has also established a joint venture with Spain’s solar energy equipment manufacturer Isofoton to establish a joint venture company to develop solar projects in China.
Meng Xianji, chairman of the Solar Energy Association, believes that the current domestic photovoltaic industry is in a bad situation. At the same time, photovoltaic technology is renewed very quickly. Advanced companies do not like mergers and acquisitions of backward companies to expand the scale, but prefer to accelerate the development of direct investment, which will lead to backward companies can only be bankrupt Way out of the market. The more sluggish the situation, the more companies need to expand their scale and master advanced technologies. Only in this way can they come to the fore.
According to the reporter’s understanding, many industry experts stated that at present, the photovoltaic industry is in a cold period. In the coming period, companies in the industry will face the plight of large-area bankruptcy. However, for a strong company, it means an opportunity. The photovoltaic industry will Shuffled cards in recent years.
According to the China Semiconductor Industry Association, a recent survey by the German Institute of Future Energy Systems (IZES) shows that solar photovoltaic power generation has reduced the average price of German electricity by 10%. Especially in the afternoon when the peak demand for electricity and the highest cost of electricity, solar photovoltaics reduced the price of electricity during this period by nearly 40%.
From this perspective, the outlook for the photovoltaic industry is bright. At present, the photovoltaic industry is in the darkness before dawn. Whoever survives will win. Some experts said that the only guarantee for the period of surviving winter is capital.
Compared with disadvantaged companies, capital-rich companies have a very strong advantage in ensuring that the contrarian expansion. On February 21st, LDK’s acquisition of the German Sunways AG equity project was approved by the German Federal Cartel Administration and will be completed by May.
At the same time, GCL-Poly has gone further on the road to internationalization. On February 6th, GCL-Poly and NRGSolar LLC, the US photovoltaic power project developer, established joint ventures through their wholly-owned subsidiaries, each holding 50% of the shares. On February 14, GCL-Poly announced that it will develop more than 1GW of US photovoltaic power plant projects through **.
An industry insider who asked not to be named told reporters that many corporate bankruptcies are caused by the breakage of the capital chain. Photovoltaic companies such as GCL-Poly that have sufficient funds will not be bankrupted due to capital problems, so companies can expand in contrarian directions.
Meng Xianjin also believes that in the current situation, large companies and large consortiums have entered the photovoltaic industry. They have advanced technology and abundant funds and can survive the winter.
Photovoltaic industry welcomes integration of inflection point After China's photovoltaic industry has undergone a natural and disorderly development process, it is currently entering the adjustment stage. According to Meng Xianyu, vice chairman of the China Renewable Energy Society, last year, China's photovoltaic company's production capacity reached 40 GW, production reached 21 GW, exports 16 GW, domestic assembly is only 2.8 GW, serious overcapacity, the industry has reached an inflection point.
At the same time, Xiao Zhong, a research fellow in the China Investment Group's new energy industry, is very optimistic about the photovoltaic industry. He told reporters that the prosperity of the photovoltaic industry has not yet arrived and the market space is still huge. The current low point is a golden opportunity for the integration of the photovoltaic industry. Some companies with strong capabilities enter the photovoltaic industry or expand the photovoltaic business in order to seize the opportunity before the photovoltaic industry recovers. For powerful companies, it is the best time to invest in the photovoltaic industry.
On February 18th, 14 new energy companies including Shandong Juhuang New Energy, Kim Jung Da International, Shanyi New Energy, Shandong Shantai Group, Shandong Dian Group, Shandong Energy Group, Taiwan Dingyi International Optoelectronics Group and other 14 new energy companies were jointly established in Shandong. A new energy company, the Asian American Energy Investment Group.
In this regard, the giant emperor New Energy said, "The current situation of the photovoltaic market is not ideal, the profits of all aspects of the industry chain has been severely reduced, the establishment of a joint venture is equivalent to "clustering to warm."
In addition to the “bugging†of Yamei Energy Investment in the winter, Tianjin Lishen Battery Co., Ltd., a subsidiary of CNOOC, has also established a joint venture with Spain’s solar energy equipment manufacturer Isofoton to establish a joint venture company to develop solar projects in China.
Meng Xianji, chairman of the Solar Energy Association, believes that the current domestic photovoltaic industry is in a bad situation. At the same time, photovoltaic technology is renewed very quickly. Advanced companies do not like mergers and acquisitions of backward companies to expand the scale, but prefer to accelerate the development of direct investment, which will lead to backward companies can only be bankrupt Way out of the market. The more sluggish the situation, the more companies need to expand their scale and master advanced technologies. Only in this way can they come to the fore.
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