Recently, the development of the photovoltaic industry has made historic progress! The Japanese trading company signed a cooperation agreement with a number of Chinese PV organizations, and the overseas market map was further expanded. In addition, it is expected that there will be more than 80 GW of PV market size next year. Overseas opportunities, Japanese market, photovoltaic cooperation On October 25, Japanese Prime Minister Shinzo Abe officially visited China after seven years. During the visit to China, more than 50 cooperation agreements were signed between local governments, financial institutions and enterprises of the two countries, amounting to more than 18 billion US dollars. Among them, the photovoltaic industry has gained a lot. China Photovoltaic Industry Association and GCL Group have signed cooperation agreements with well-known comprehensive trading companies in Japan. The cooperation projects between Jinko and Trina Solar and Japan are called “milestones†on the road of photovoltaic cooperation between the two parties. This is undoubtedly a big news for domestic PV companies. As the two sides make historic breakthroughs in cooperation, China's PV companies will have a broader overseas market. Recently, with the shock of the domestic PV market, more and more companies are focusing on foreign markets. According to statistics, the scale of PV overseas market will reach 80~90GW next year, which is basically equivalent to three times that of China. China and Japan sign multiple PV cooperation agreements As the highlight of the results of the visit to China, on October 26, China and Japan held a "Third Party Market Cooperation Forum" in Beijing, and thousands of entrepreneurs participated in the conference. Zhu Xiangshan, Chairman of GCL Group, Qian Jing, Vice President of Jingke Energy, and Yu Weiming, Vice President of Trina Solar, attended the forum as representatives of PV companies. During the forum, China and Japan signed more than 50 cooperation agreements, and cooperation in the energy field has attracted special attention. Among them, in the field of photovoltaics, China Photovoltaic Industry Association and Japan Marubeni (note: Japan's representative large-scale integrated trading company) signed the "cooperation in the field of solar power in the third-party market." In addition, GCL (Group) Holdings Co., Ltd. and Mitsui & Co., Ltd. (note: the world's largest integrated trading company) signed the "Agreement on Joint Investment and Development in China, Japan and Third Countries." The two cooperation agreements not only cover a wide area, but also have great potential for market cooperation. They also provide a good demonstration for Chinese PV companies to open up the Japanese market. Trina Solar, Jingkecheng Cooperation Model In fact, before the forum, Chinese PV companies have already realized the opportunity to smell the overseas market and took the lead in cooperating with Japanese companies. Among them, the photovoltaic projects carried out by Trina Solar and Jinko Energy in cooperation with Japanese trading companies in third-party countries have received wide attention in this forum, and even called “Milestone Project†by Japanese Prime Minister Shinzo Abe. The Mexi 104 MW PV power plant project with Trina Solar and Japan's Mitsui & Co., Ltd. is one of the 14 classic cases of Sino-Japanese third-party market cooperation. In November last year, Trina Solar and Mitsui Co., Ltd. won the bid for the 104GW single photovoltaic power plant project in Mexico. The project was jointly developed by Trina Solar and Mitsui & Co., and is expected to be put into commercial operation in the second quarter of 2020. In fact, this is not the first time that Trina Solar has won the bid for the Mexican ground power station project. As early as 2016, Trina Solar won the bid for a 133MW single power plant project in Mexico. In addition to Trina Solar, the Abu Dhabi 1177MW photovoltaic project created by JSC and Japan Marubeni Co., Ltd. has also attracted much attention in this “China-Japan Third-Party Market Cooperation Forumâ€. This project is the largest single power station in the world. It is expected to start commercial operation in the second half of next year, and its on-grid price will become one of the most competitive electricity prices in the solar industry. Overseas breakthrough war officially started With the further opening of the Japanese market, going overseas has become the choice of many PV companies today, and even many companies regard the overseas market as a “life-saving strawâ€. At present, the global energy clean-up trend is getting faster and faster, and the market demand for photovoltaics is also increasing year by year. According to industry estimates, by 2019, the PV overseas market will grow by 40% to 50%, the scale can exceed 80GW, and even reach 90GW. This also means that the overseas market will usher in an explosive year next year, and it is estimated that nearly 40 countries will enter the GW-class installed capacity. The emergence of a mass market has attracted many companies to come to the Nuggets, and from the current point of view, a number of pioneers have achieved remarkable results. Taking GCL Group as an example, in the first half of this year, GCL integrated to achieve 1.02GW of overseas market shipments, with revenue exceeding 2.786 billion yuan, an increase of 201.88%. The overseas markets of Jinke, Tianhe, Artes, Hanwha and other companies have also done a good job. It is true that while overseas markets bring many opportunities, there are also problems. This requires domestic PV companies to optimize their industrial layout, enhance their core technology competitiveness, and make rational judgments on the basis of fully researching the market while going abroad. There is no doubt that the breakthrough in the overseas market of photovoltaics has officially started, and the emergence of a massive market will provide more opportunities for PV companies.
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Abstract Recently, the development of the photovoltaic industry has made historic progress! The Japanese trading company signed a cooperation agreement with a number of Chinese PV organizations, and the overseas market map was further expanded. In addition, it is expected that there will be more than 80 GW of PV market size next year. Overseas Opportunities Japanese Market Photovoltaic Cooperation 1...