At present, 95% of China's PV products are exported abroad, and another phenomenon is that foreign capital has begun to fully penetrate into China's new energy industry. From the upstream of the industrial chain, photovoltaic equipment manufacturing to the construction of downstream photovoltaic power plants, foreign investors have emerged without exception.
According to Siro, senior analyst of OFweek solar photovoltaic network, since the beginning of the year, due to factors such as subsidies in Europe and increased competition, the PV market has entered the biggest winter period in two years, with component prices falling by 10% to 15%. Decrease by more than 10%. "On the one hand, many enterprises are on the verge of bankruptcy. On the other hand, capital has ushered in the best opportunity for bargain-hunting." In the industry's view, the infiltration of foreign capital from various links may mean a new wave of China's photovoltaic industry. Foreign Capital Aggregation “We are late.†On May 25, Zhao Hanqing, senior manager of Applied Materials China Enterprise Development, told the China Business Journal (Weibo) reporter. At the end of April, under the leadership of Zhao Hanqing, Applied Materials has just begun to conduct venture investment business in China. Previously, Applied Materials was a pure supplier of photovoltaic equipment in the Chinese market. Not long ago, the company's global technology development center in Xi'an and Gaoli GCL Energy Holdings Co., Ltd. reached a new contract: the latter to provide 2.5GW silicon wafer capacity HTC-B5 wire saw equipment, this order is almost This is equivalent to the new solar energy installed in the entire country of Spain in 2008. However, the strategy of this company is currently being adjusted. Zou Gang, chief technology officer of Applied Materials China and general manager of Xi'an Company, told this reporter: "In the past, the company has invested a lot in film production equipment. The focus will be on crystalline silicon equipment in the future. The reason is that the technology of film at this stage cannot be followed. Compared with crystalline silicon.†This adjustment is also reflected in the venture capital business established recently. Zhao Hanqing told reporters that at present, there are four or five projects in the application of venture capital. They are all small and medium-sized enterprises in the field of clean energy with potential for development. The negotiations are coming to an end. "The project will be announced in the next month or two. The investment quota is between $500,000 and $3 million, respectively.†“Our focus is on early projects, such as commercializing technologies that have just emerged from the lab, which is risky but has great potential. Better, the cycle of our investment in a project is five years." Zhao Hanqing said. It is understood that most of the four or five projects that the application materials are talking about are PV-related enterprises. Zhao Hanqing, they did not come early. Previously, in May 2010, the US private equity firm US Renewables Group had set up a new fund of 2 billion yuan to invest in China's renewable energy projects. In February this year, the US Silver Lake Investment Group announced that it would cooperate with the Soros Fund. Established a new fund, set up offices in Beijing and Silicon Valley, and invested in new energy. In May, Bexiang Investment Group plans to set up a new energy fund of RMB 500 million in Chengdu Shuangliu, called Bexiang Chengdu New Energy Industry Venture Capital Fund. It is reported that many of these funds will be invested in photovoltaic related fields. "China's new energy market is still immature, but the temptation is unstoppable. This is the reason why foreign capital is rushing now." Lu Jinbiao, deputy general manager of Jiangsu Zhongneng, told this reporter. An important signal is that on May 5, Li Junfeng, deputy director of the Energy Research Institute of the National Development and Reform Commission, publicly stated that by 2015, the domestic PV installed capacity target will reach 10GW, and by 2020, the target will be at least 50GW. The reason why Li Junfeng’s words are so sensational is that this goal has more than doubled the previous industry recognition that “China’s PV installed capacity will reach 5GW in 2015 and 20GW in 2020â€. At present, China's PV installed capacity is less than 0.5GW, which means that the installed capacity will be nearly 50GW in the next 10 years. “In 2010, the cost of photovoltaic power generation will drop to 1 yuan/kWh, and after 5 years, it will reach a level close to 0.5 yuan/kWh of thermal power. If photovoltaic power generation falls to the same level as thermal power, the Chinese market will show explosive growth.†Lu Jinbiao prediction. At the end of the market, before 2010, few overseas investment institutions flocked to the Chinese PV industry. The earliest entry into the Chinese market was the “first sun†of thin-film battery manufacturers and the largest PV company in the United States. In 2009, First Solar quickly signed an agreement with the local government of Inner Mongolia to obtain the construction and operation rights of the Erdos PV project. This project has reached 2000MW, while the largest project in China, Dunhuang Power Station, was only 10 MW. But this project is not going well. According to an industry source, the project encountered many problems such as on-grid tariffs and network access. Since then, foreign capital has rarely entered the construction of the power station directly, and has turned into the capital field, fostering emerging enterprises, and entering the curve. "There is an urgent need for capital to come in." Xie Yutuo, general manager of Changzhou Tianhua New Energy Co., told reporters that as a company engaged in photovoltaic cell testing and equipment research and development, his company has attracted many domestic and foreign investors. "We have already talked with several companies and hope to be listed on the GEM next year." Xie Yutuo told reporters that some emerging PV companies in recent years have struggled. "At present, most of the emerging new energy companies in China are founded by returnees and domestic high-tech talents. Large-scale PEs do not bother to invest in this; banks do not see rabbits and don't sprinkle hawks. If enterprises are not profitable and small, it is difficult to lend money; Although some local governments have start-up funds, they are mostly between 500,000 and 2 million yuan, and the scale is too small. In his view, the Chinese market is mainly without good projects. “A company can hardly attract investors even if its sales reach 7.8 billion yuan, mainly because these companies are in the same pattern and cannot be compared with the giants in terms of technology.†“Because the project is hard to find, there is a It will attract everyone's attention. The four or five projects we are talking about are in a state of high confidentiality, and we are afraid of being robbed by others." Lin Biao, head of China for Applied Materials Global Public Affairs and Marketing, told reporters. “A good new energy project will bring these investors at least 10 times more returns. In the next few years, international hot money will continue to flock to China's new energy industry.†Xie Yutuo predicted. Pruning Scissors,Long Pruning Shears,Pruners Tools Scissors,High Carbon Steel Garden Scissors
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