Continued high operation, the consequences of a new round of capacity competition is showing on February 6, the photovoltaic giant Tong Wei shares in the investigation agency said that the battery industry suffered a loss, 'in addition to our cost can be profitable Many peers are already losing money at a loss.
On the evening of February 6, a team of Huayuang New Huyi Company announced the minutes of the teleconference with the executives of Tongwei Stock Co., Ltd. During the investigation, executives of Tongwei Co., Ltd. said that in early February, the price of polycrystalline silicon solar cells has stabilized and recovered. In early January 1.7 yuan / W dropped to 1.3 yuan / W has risen to 1.35 yuan after the price of single-crystal cells fell less than January so far dropped from 1.7 to 1.6 yuan. 'Many battery manufacturers have begun to lose production, such as Taiwan manufacturers, has begun to lose cash flow production status'.
Tongwei executives said, 'In addition to our costs can be profitable, many peers have lost money at a loss of cash flow, Maudee, Taiwan manufacturers have been waiting for the Taiwan government to inject NT 5 billion, they are also cash flow deficit shipments After the end of January transferred to 1.3, while the silicon is still in the process of price cuts, polycrystalline battery prices have begun to rebound now 1.35 above.
Recently, the monocrystalline silicon Longji shares once again cut the price of monocrystalline silicon wafer, February 4 monocrystalline wafer 156.75mm * 156.75mm overall price cut, adjusted 180μm monocrystalline silicon domestic implementation 4.8 yuan / piece price, the price down 0.4 yuan / piece, a decrease of 7.7%. The last time the company cut silicon prices during New Year's Day, down 0.2 yuan / piece.
'Monocrystalline cell, Longji cut the expected rate of cut, Longji cut 4 hair one, about one watt about 8 cents, the corresponding reduction of the battery segment, down 5 cents', Tongwei shares executives The evaluation said that 'the battery industry suffered a loss, there are few battery factory, other manufacturers have to follow up the price adjustment.'
On the evening of February 5, Longji also warned in a project launch announcement that with the rapid development of the photovoltaic industry, some SMEs that were originally facing the market phase-out started to resume production, resulting in the elimination of excess capacity. On the other hand, , The backbone enterprises in the industry relying on the scale advantages also have to expand production capacity, backward production capacity recovery and new production capacity will exacerbate the disorderly competition in the industry, the photovoltaic industry may once again face the risk of changes in the market environment caused by overcapacity.
Tongwei shares is the rapid rise of photovoltaic giant in recent years, since the layout of the solar cell production in 2013, its Hefei solar energy took less than 4 years, the battery capacity scale, volume, profitability and many other Indicators on the industry first.
In a media interview last year, Tongwei shares revealed that in the solar cell segment, Granville shares formed a 5-6GW capacity, accounting for 7% to 8% of the world; the end of next year will form 10GW, by 2020 to become global The largest supplier.
In November 2017, Tongwei announced that the company intends to spend 12 billion yuan to invest in two crystalline silicon cell projects in Hefei and Chengdu. Beijing News reporter noted that 2017 Granville shares have been announced a total of 33 billion investment plan.
As for the progress of new investment projects, Tongwei executives said on February 6 that 'Chengdu completed operation in December 2018 in October 2018 and Hefei in normal operation in December 2018. As a whole, the actual production capacity of over 12GW completed by the end of this year '
When Granville shares a huge investment project landed, the huge production capacity of other photovoltaic giants are also in full swing.
The evening of January 19, Longji shares thrown three-year expansion plan at the end of 2017 on the basis of 15GW wafer production capacity, and strive to single-crystal wafer production capacity reached 28GW by the end of 2018, by the end of 45GW.
The evening of February 5, Longji shares also issued a huge purchase announcement that the company signed with the South Korean OCI three-year polysilicon material procurement contract, the contract price of more than 1 billion US dollars.
Longji said that the signing of the contract in line with the company's future business plan will help protect the company's steady supply of polysilicon raw materials.
To Tongwei, Longji and Central as the representative, the PV industry is currently in the new round of capacity competition in the white-hot stage, a number of medium-sized enterprises are also involved.
In December 2017, Orient Nissin announced that it signed an agreement with Party B People's Government of Jintan District, Changzhou, Jiangsu Province (Party A) to invest 8 billion in building a photovoltaic product manufacturing base for 5GW photovoltaic cells and 5GW photovoltaic modules.
Orient Risen said that if the above agreement is successfully implemented, it is expected to improve the Company's production layout of photovoltaic cells, photovoltaic modules and related products, and improve the technical level, automation level and cost control of the Company's solar cells, photovoltaic modules and related products Core competitiveness and expanding the Company's share of global PV products in the global market have a positive impact on the performance of the Company and are in line with the development needs and long-term planning of the Company.
