Overseas Strategic Upgrading of China’s Photovoltaic Enterprises from Selling Products to Building Power Stations

From the perspective of global market environment, thanks to the increasing emphasis on environmental protection and the declining cost of photovoltaic, the global demand for photovoltaic is growing rapidly. According to the German Solar Energy Association, in 2016, the installed capacity of new photovoltaic devices increased by about 30% year-on-year. Among them, the biggest driving force for growth comes from China.

At one time, more than 90% of our photovoltaic products were exported overseas; nowadays, the local market has become the main direction of enterprises. Overseas strategy has been accelerated from simply selling products to setting up factories and building power plants overseas.

Jingke energy CEO Chen Kangping said that new energy is the key cooperation area of the “one belt and one way” initiative. With the continuous improvement of its competitiveness, China’s new energy enterprises are vigorously exploring overseas markets and accelerating the layout of global business.

Recently, Jingke energy and German enterprises Heli solar photovoltaic joint announced in Shanghai, will work together to create more efficient, lower cost new generation of “super photovoltaic cells”, at the same time, the two sides will jointly develop “along the road” along the new energy market.

“To create a green low carbon corridor along the belt and road”, China has both industrial and technological advantages in this respect. Du Xiangwan, academician of the Chinese Academy of Engineering, said that the world’s energy is accelerating towards a clean, low-carbon and efficient era, and energy science and technology innovation is highly active. From the perspective of long-term energy security, China should seize the strategic commanding heights of energy science and technology in the future.

In the view of experts, China is the world’s largest photovoltaic application market, but the output share is larger, so expanding the overseas market “territory” is an inevitable choice.

Liu Shuai, an analyst with UBS Securities in China’s public utilities and new energy industry, said that China’s photovoltaic demand accounts for 40% of the global share, but its output share accounts for more than 80% of the global share. Therefore, the overseas market is still an important strategic position for photovoltaic enterprises. In recent years, photovoltaic demand in India, the United States, the Middle East, Africa and other regions has grown rapidly, and has become an important location for overseas distribution of photovoltaic enterprises in China.

In order to cope with the double anti-barriers in Europe and America, in recent years, China’s photovoltaic enterprises have set up factories overseas and expanded their overseas production territory. Trina Solar has built four production bases in Malaysia, Thailand, Vietnam and the Netherlands. Today, its overseas capacity has exceeded 2.5 gigawatts. Jingke Energy has set up factories and R&D centers in Malaysia to speed up the overseas distribution of new energy products and technologies.

In recent years, the rapid development of photovoltaic industry in China has attracted the attention of the international market. With a history of more than 160 years, the Global Top 500 company Helix has its global headquarters of photovoltaic business in Shanghai.

In recent years, the rapid development of photovoltaic industry in China has attracted the attention of the international market. With a history of more than 160 years, the Global Top 500 company Helix has its global headquarters of photovoltaic business in Shanghai.

According to the data released by the Ministry of Industry and Information Technology, the overseas production capacity of photovoltaic enterprises in China is distributed in more than 20 countries all over the world, and the trend of globalization of production layout is obvious. Affected by the transfer of enterprise capacity overseas, China’s exports of silicon wafers, batteries and components were about US$13.84 billion in 2016, down 11.3% from the same period last year.

However, in the view of experts, large-scale applications of renewable energy such as photovoltaic and wind power rely on further reducing costs and improving energy storage technology.