Photovoltaic Is on The 'Cusp', Three Trees, Oriental Yuhong, etc. Come Across The Border

In addition to the extremely popular new energy vehicles, under the background of "dual carbon", the new energy industry represented by the photovoltaic industry once again ushered in an opportunity for development. In recent years, the cost of photovoltaic power generation has dropped by nearly 80%, which has greatly reduced the overall investment return period of photovoltaics to less than 10 years, which is far lower than the 20 to 30-year life cycle of photovoltaic products. Domestic photovoltaic companies have seized opportunities and conquered cities.

LONGi has thrown out an investment plan of up to 19.5 billion yuan to build a 20GW monocrystalline silicon rod and slice project, a 30GW high-efficiency monocrystalline cell project and a 5GW high-efficiency photovoltaic module project. Among them, more than half of the investment amount is "injected" into the monocrystalline battery project.

Another silicon material leader, Tongwei Co., Ltd., announced a large investment order of 12 billion yuan. Its subsidiary Tongwei Solar signed an investment agreement with the Meishan Management Committee of Tianfu New District, Sichuan, and planned to build a 32GW high-efficiency crystalline silicon cell project.

Compared with the firm "defensiveness" of the upstream giants, the determination and courage of photovoltaic downstream enterprises to seek "integration" is even greater. JA Technology, which preemptively "bet" the entire industry chain, announced in February and March of this year that it planned to invest 3.46 billion yuan and 10 billion yuan for the construction of projects such as cells, modules, and power stations.

Benefiting from the higher-than-expected photovoltaic installed capacity, the demand for polysilicon products was strong, and the market price rose year-on-year. Domestic polysilicon prices continued to rise slightly, among which the average transaction price of single crystal re-feeding, single crystal dense material and single crystal cauliflower material increased by about 0.3%. The price of solar-grade polysilicon rose for the 13th consecutive week, rising by 2-0.3 million yuan per ton during the week, and the overall price was higher. Under the multiple "temptations", many chemical and coating companies are also deploying in the photovoltaic field and entering new tracks.

Oriental Yuhong: From 2014 to 2021, Oriental Yuhong has produced more than 30 million square meters of TPO waterproofing membranes, and has provided high-quality single-layer roofing system construction services and technical support for more than 1,000 projects. Since September 2021, Oriental Yuhong has signed a "Strategic Cooperation Agreement" with a number of photovoltaic new energy suppliers, aiming to reach an all-round in-depth cooperation in the field of photovoltaic roof integration, and jointly promote "BAPV" and "BIPV" nationwide Photovoltaic power generation project.

Keshun Co., Ltd.: jointly established Saint-Gobain Keshun High-tech Materials Co., Ltd. with Saint-Gobain Group, a leading global building materials company, and then set up a headquarters for production and research of waterproof materials in Chongqing. In the future, it will cooperate with Saint-Gobain Group to develop exposed TPO waterproof products.

Karen shares: In response to the various pain points currently faced by photovoltaic roof waterproofing, Karen shares officially released the CSPV photovoltaic roof system solution in July 2021.

Beixin Building Materials: Since the deployment of waterproofing business, it has developed rapidly, and its business scale has entered the forefront of the industry, providing Beixin BIPV waterproofing system.

3Trees: Become a strategic partner with Sente, and officially enter the photovoltaic roof waterproofing market. In 2022, 3Trees Waterproof and GoodWe, a listed smart energy company, signed a cooperation agreement to further supplement and improve the roofing of 3Trees Waterproof BIPV photovoltaic tile.