Trends of over 30 Solar Photovoltaic Companies (1)

Although the "global epidemic resistance" is still the main theme in April, it is equally difficult to stop the pace of solar photovoltaic capacity expansion. Enterprises have successively issued announcements to lay out from various directions on the industrial chain such as silicon materials, silicon wafers, solar cells, and solar modules.
 
However, in the face of the epidemic sweeping the globe, new problems are facing solar photovoltaic people. Companies have to consider how to balance the contradiction between huge capacity and reduced demand? How to survive in a crisis environment?
 
Domestically, thanks to the joint efforts of the people across the country, the epidemic situation in China has been basically controlled. With the start of solar photovoltaic projects in various provinces in the country, new domestic solar photovoltaic installations are still worth looking forward to this year.


                                                                       Custom Solar Panel | WSL Solar
 
In the past March, what new changes have occurred in the market layout of the solar photovoltaic industry? Let's review together!
 
Expansion & investment in major projects
 
GCL integration hits 18 billion layout 210 industry chain
 
On March 27, GCL Integration announced that the company and Hefei Feidong County People's Government reached a cooperation intention on the investment and construction of a 60GW solar module and supporting industrial base project, and signed related agreements. The total investment of the project is estimated to be 18 billion yuan, with an annual output value of not less than 40 billion yuan after all of them reach capacity. According to the announcement, the project will be invested and constructed in four phases from 2020, with the first phase of 15GW and an estimated investment of 5 billion yuan. The second, third and fourth phases will be implemented in phases according to market sales and capacity utilization after the first phase is put into operation. In principle, an additional 15GW will be invested each year.
 
JinkoSolar invested 10.5 billion yuan to construct a 7.5GW solar cell and 7GW solar module project
 
On March 26, Haining County, Zhejiang Province, held a major industrial project for centralized completion (commissioning) and Jinko Energy ’s "doubling" of the first phase of 2.5GW solar cells, 2GW solar module project completion (commissioning) and additional 7.5GW solar power Signing ceremony of battery and 7GW solar module project. It is reported that the "double doubling" project was included in the Zhejiang Province's special major industrial project in 2018. Construction started on April 3, 2018, and it was gradually put into production in June 2019. It will be fully produced in the first quarter of 2020. After full production, sales are expected to reach 8 billion yuan, and profits and taxes are about 1 billion yuan. The 7.5GW solar cell and 7GW solar module project signed this time has a total investment of 10.5 billion yuan, a fixed asset investment of 6.3 billion yuan, an additional registered capital of 3.6 billion yuan, and an additional sales income of 16 billion yuan after full production.
 
Huaneng New Energy: Investment of 9 billion yuan in planning and construction of solar photovoltaic and wind power projects
 
On March 27, Kezuo Zhongqi and Huaneng New Energy Mendong Branch signed a strategic cooperation framework agreement for new energy industry development. The strategic cooperation framework agreement revolves around the three wind farms in Kezuo Zhongqi Huaneng, and plans to build a wind and landscape co-location project using existing transmission lines. According to the agreement, the future development of new energy will be carried out in the form of "source-grid-charge-storage" integration projects. It is estimated that the total investment for development and construction is 9 billion yuan, and the long-term planning and construction of 500,000 kilowatts of solar photovoltaic projects and 1 million kilowatts of wind power projects, and actively participate in the incremental distribution network project of the industrial park in Kezuozhongqi.
 
Shandong Tenghui New Energy: 5GW solar photovoltaic solar module project with total investment of 2 billion yuan officially started
 
The foundation stone laying ceremony of Shandong Tenghui New Energy 5GW high-efficiency solar photovoltaic solar module project was held in the Intelligent Manufacturing Industrial Park of Linzi Economic Development Zone. It is reported that the project was undertaken by Zibo Jinde Construction Development Co., Ltd., a subsidiary of Jiuhecaijin. Its 5GW high-efficiency solar photovoltaic solar module project has a planned area of ​​about 170 acres and a total investment of 2 billion yuan. It is mainly engaged in the research and development, production and sales of high-efficiency solar photovoltaic solar modules. The first phase of the project will put into production 2GW high-efficiency single-crystal solar modules, and the second phase will put into production 3GW high-efficiency single-crystal solar modules. After the project has reached full capacity, it is expected to realize an annual output value of 8 billion yuan and an annual profit and tax of 200 million yuan.
 
Beijing Yuntong: Plan to increase 2.5 billion production and expand 10GW monocrystalline silicon rod project
 
On the evening of March 6, Beijing Jingyuntong Technology Co., Ltd. issued an announcement, and the Supervisory Committee of the company reviewed and approved the "Proposal Concerning the Company's Eligibility for Non-public Issuance of Shares". The total amount of funds raised from the non-public issuance of this proposal is expected to be no more than 2.5 billion yuan, of which Wuhai's 10GW high-efficiency single crystal silicon rod project is planned to raise 2.1 billion yuan and supplement the company's liquidity of 400 million yuan.

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.  
https://www.wsl-solar.com

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  1. Nice information about photovoltaic which can be use in solar panel, But i have one question How To Calculate Solar Savings

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