At the time of the most popular restructuring of C

2022-08-14
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At the time of the reorganization of Chinese photovoltaic enterprises, Korean enterprises have made great strides into the U.S. market

the solar energy market has always been a competitive place for enterprises, but now it has gradually become a political shadow

the so-called "casualties" in the leading field of the trade war are small and medium-sized Chinese enterprises that once produced silicon wafers and batteries for the U.S. market. In view of the shrinking European market and the fact that the EU is likely to carry out anti-dumping investigations on Chinese photovoltaic enterprises, even Chinese first-line photovoltaic enterprises have been negatively affected, and they have sought "free" emerging markets to replace the German and Italian markets

as Chinese companies restructure or withdraw, other Asian companies are preparing to fill this gap

two Korean enterprises linked by "family umbilical cord" are making great strides into the U.S. market. Nexolon (1.7gw), the largest photovoltaic silicon wafer manufacturer in South Korea, cooperates with OCI chemical enterprise subsidiary ocisolar to build solar power plants in North America, which is regarded as the last way for the solar industry to make profits. Nexolonamericallc, nexolon's U.S. subsidiary, will participate in the 400MW San Antonio solar power project as a partner of ocisolar

nexolonamericallc has signed a 495mw photovoltaic module agreement with ocisolar, which will build a 200MW module factory in San Antonio and recruit more than 800 employees, 75% of which will be engaged in renewable energy industry. At the same time, 1billion US dollars of construction funds will be invested in the region. These power plants are mainly built for cpsenergy. At present, ocisolar has developed 150MW photovoltaic projects in the North American market. Therefore, the project in Texas with a capital of $1.2 billion is a "big deal" for the enterprise

Tonydorazio, President of ocisolarpower, said, "ocisolarpower has opened up a Xintiandi for sustainable energy in the United States. This project can not only be used as a cooperation model between the public and private sectors in American communities, but also draw a new blueprint for the new energy development center."

recently, the two companies announced their quarterly financial reports. Nexolon lost money in the second quarter and is expected to return to profit in the first quarter of 2013. The processing cost of polysilicon chips fell to US $0.16 per watt. In the second quarter, the shipments of n-type and all square single crystal (fsqm) silicon wafers accounted for 17% of the total shipments. In addition, in view of the lower manufacturing and material costs, fsqm silicon wafers improved the profit margin

with the continuous improvement of cash flow, nexolon's debt has been reduced by 28billion won. However, in order for the company to grow, the company also needs cash. Nexolon is preparing to enter the market to sell its equity in order to raise 78billion won. Although nexolon has mastered the most advanced silicon technology in the market, the photovoltaic market plagued by overcapacity and inventory backlog makes the company's silicon wafer business in a difficult situation. Component integration increases profits. Just like some advanced Chinese photovoltaic wafer enterprises, developers with strong joint strength can at least maintain stable revenue and wait for better opportunities, even if they are not profitable

through ocichem, nexlon has another strong advantage that it can obtain global level polysilicon. Recently, the Chinese government announced an investigation into the import of polysilicon from South Korea and the United States (as a retaliation for the "double anti" of the United States), and ocichem has entered into long-term contracts with the vast majority of first-line Chinese photovoltaic enterprises with increasing experimental power. This situation is likely to check whether OCI is dumping at a price below cost. As polysilicon continues to have overcapacity and customers refuse to deliver, OCI will also be in a bad situation

at the end of 2013, the enterprise will add 10000mt of polysilicon to the existing 42000mt. OCI claims to have the lowest cash cost in the world. The 10000mt debottlenecking project can reduce the cost by $2 per kilogram. In the future, OCI's production capacity will be 52000mt

another Korean related enterprise, Hanhua new energy, officially launched its latest branch: hanwhasolarenergyamerica (hsea) on August 8. The company expands its North American downstream capacity through project financing and EPC. The subsidiary mainly serves the public utilities and commercial sectors

matthewmccullough, CEO of hanwhasolarenergyamerica said: "The company has 1GW photovoltaic projects in the North American market. In the development of the project, the new brand hanwhasolarenergyamerica represents a powerful force. From manufacturing to project development to financing, hanwhasolarenergy1 and the new power of America in the long-term operation of equipment can allow us to become a leading solar energy service provider in the North American market."

however, Hanhua new energy operates a battery manufacturing plant in Chinese Mainland. It is worth waiting to see how Hanhua group can overcome the tax imposed by the United States

yesterday, the spokesman of Hanhua group confirmed that Hanhua was very interested in acquiring the bankrupt German photovoltaic enterprise Q-Cells. The total capacity of Q-Cells is 950mw, of which 700MW is located in Malaysia. If the acquisition is successful, Q-Cells' manufacturing plant in Malaysia with a battery capacity of 700MW will undoubtedly be a "timely rain" for Hanhua group to enter the U.S. market

like OCI, Hanhua group also shows its enthusiasm for polysilicon. The enterprise is about to build a polysilicon plant with a capacity of 10000mt. The company is expected to become a global solar energy major by 2020, with a production capacity of 4gw and an investment amount of $6billion

in addition to the screw Market with cooling system in the United States, Hanhua group also has projects in China and Europe. The branch company hanwhasolarenergyeurope has a 17MW project in Portugal and recently shipped 47mw components in Italy. Hanhua group and its subsidiaries have established a cooperative relationship with photovoltaic project developer larstrom in Italy for 40mW roof installation

many insiders believe that technology, efficiency and low cost, rather than trade barriers and exclusion, will ensure the future of the U.S. solar industry. Under such a premise, the development of Korean enterprises in the U.S. market is worth looking forward to. Zhonghua glass () Department

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