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Home > News > Company News > Chinese PV enterprises speed up going abroad

Chinese PV enterprises speed up going abroad

ECHEMI 2022-11-22

With the clear goal of carbon neutrality in the world, photovoltaic is becoming a "red man" in the field of renewable energy. As Chinese PV enterprises have a dominant market share in the global PV industry, the booming PV industry has accelerated Chinese PV enterprises to go abroad. The latest research report released by the third-party industry analyst PVInfoLink shows that from January to August, China exported 108GW of photovoltaic modules, up 96% year on year, surpassing the export scale of 88GW in 2021. Due to the acceleration of energy transformation in Europe and other overseas markets, the demand for photovoltaic products is strong, and the export volume of China's photovoltaic products is rising.

 

Global multi-national target of increasing installed capacity

 

Since this year, many countries and regions have raised their PV installed capacity targets. France announced in February that by 2050, the installed capacity of solar energy will increase to more than 100GW. The EU released the Energy Independent Proposal in March, raising the forecast of European PV installed capacity in 2030 to 1000GW; In July, the European Parliament passed an amendment to the bill to increase the proportion of renewable energy, which will increase the proportion of renewable energy from 40% to 45% by 2030. The United Kingdom, Portugal and Germany also announced that they will increase the PV installed capacity by 2030.

 

Wood Mackenzie said that in 2022, the PV installed capacity in the United States will increase by 66% compared with the original forecast, and by 2030, the PV installed capacity in the United States is expected to increase by 70GW annually. Relevant analysts of Bloomberg new energy financial photovoltaic market said that photovoltaic is expected to lead the global renewable energy into a rapid development period. It is expected that the new installed capacity of global photovoltaic will exceed 200GW this year, with a conservative estimate of 223GW, and an optimistic estimate of 280GW.

 

Domestic enterprises accelerate to expand overseas

 

Under the background of accelerated global renewable energy transformation and rapid expansion of demand for photovoltaic power generation installation, many domestic enterprises are accelerating their expansion of overseas markets.

 

According to the statistics of China Photovoltaic Industry Association, in the first half of the year, the export volume of China's silicon wafers, cell chips, modules and other photovoltaic products was about 25.9 billion US dollars, an increase of 113% year on year; The export volume of PV modules was 78.6GW, with a year-on-year growth of 74.3%. The export situation shows a trend of both quantity and price rising.

 

Recently, many domestic enterprises have made new moves. Chint New Energy announced the signing of the Danish HOFOR 29MW photovoltaic project to provide EPC and operation and maintenance services for the photovoltaic power station project. Trina Solar's exclusive 670W series ultra-high power components are shipped to Spain, a large developer of sustainable energy solutions. Qatar's 800MW ground power station, which is supplied with all components by Longji Green Energy, is connected to the grid with full capacity, marking the official launch of the world's third largest single photovoltaic power station.

 

Lu Chuan, Chairman of Chint New Energy, believes that the price of raw materials in the photovoltaic industry has risen due to the doubling of European demand for photovoltaic and inflation, and the price of electricity under the 15 year long-term power purchase agreement for European photovoltaic power generation projects has also doubled. Driven by the market, the domestic photovoltaic industry may start a new round of capacity expansion.

 

Pay attention to avoiding risks when going to sea

 

Relevant experts in the photovoltaic industry pointed out that while domestic enterprises are accelerating their overseas distribution, they should also note that carbon barriers are becoming a new problem in international trade, and the battery, photovoltaic and other industries are facing the carbon footprint compliance risk of export products.

 

Wang Bohua, honorary president of China Photovoltaic Industry Association, pointed out that China's foreign trade situation is becoming increasingly severe and complex. Many countries want to weaken the cost competitiveness of China's photovoltaic products through green trade barriers to reshape the global competition pattern. For example, South Korea and EU put forward carbon footprint requirements for ecological design and energy efficiency labels of photovoltaic modules; The environmental product declaration issued by Sweden and Italy has higher requirements than the carbon footprint certification; French energy regulatory authorities give priority to projects using low carbon emission photovoltaic modules.

 

Li Gao, Director of the Climate Response Department of the Ministry of Ecology and Environment, said at the October regular meeting of the Ministry of Ecology and Environment that the carbon border regulation mechanism developed by the EU actually sets a new threshold for entry, which will increase the difficulty of China's export of related products. China opposes the establishment of any form of trade and technical barriers in the name of climate change. At the same time, from the perspective of the domestic demand for the implementation of the "dual carbon" goal, it is also necessary to carry out carbon footprint evaluation, promote the establishment of a carbon label system and other work, including the establishment and improvement of carbon emission accounting methods for key products, promote the establishment of a basic carbon emission data base for the full life cycle of products, carry out research on China's product carbon footprint and carbon label systems, and explore the establishment of a certification system that is more adaptable to the new situation and rules of international trade.

 

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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