China's Photovoltaic Market Developed In The First Half Of This Year

- Aug 30, 2017-

China's energy storage network: recently, domestic pv companies have published the first half of the annual report, and many of them have nearly doubled their net profit.In the second half of this year, domestic pv market growth will slow down, industry analysts say.

Most photovoltaic companies do well

In the first half of this year, the growth momentum of China's photovoltaic industry was strong.China pv industry association secretary-general Wang Bohua in photovoltaic industry "seminar on development of review and outlook the second half of the first half of 2017", points out that on the structure of photovoltaic market in China is gradually from the ground station to distributed photovoltaic power generation projects, lasted for 2016 years of the first half of the development situation, present a scale fast growth and productivity layout optimization, application, market characteristics, high level of industrialization.

The national energy administration recently released a brief update on the operation of photovoltaic power generation in the first half of 2017.In the first half of this year, the country added 17.29 million kilowatts of ground power stations and 7.11 million kilowatts of distributed photovoltaic power, with a total of 24.4 million kilowatts of new photovoltaic power generation capacity, up 9 percent year on year, according to the data.People in the industry analyzed that the installed capacity was higher than market expectations, mainly due to the "6 · 30" price of the ground power station.

According to Wind statistics, 13 of the 19 photovoltaic listed companies that have disclosed the semi-annual report are expected to make up 13 of them, accounting for 70% of the total.The semi-annual report released by the photovoltaic industry has found that, in the case of the photovoltaic industry as a whole, the net profit of most enterprises has increased.The net profit of the company is more than doubled.Net profits of 10 companies, including Rio tinto and the company, are up 30 to 90 percent.

In recent days, the company's operating income in the first half of the year was 287 million yuan, up 3687.21 percent year-on-year.Net profit was 1108.02 million, up 891.84 percent year on year.The company said that in the first half of the year, it was affected by the time nodes of the electricity price adjustment. Before June 30, enterprises must be connected to the grid to enjoy the benchmark electricity price, resulting in a concentrated market demand.

On August 17, jiangsu linyang energy co., ltd. issued a semi-annual report.During the reporting period, the company realized total operating income of 15.61 billion yuan, an increase of 8.92% year on year, and the net profit attributable to shareholders of listed companies was 337 million yuan, up 107.59% year on year.Announcement shows that during the reporting period, linyang energy is mainly engaged in intelligent, energy-saving and new energy three plate business, the main business for all kinds of new energy plate used in civil, industrial and commercial distributed and centralized development of photovoltaic power station, construction, investment, operation and N type high efficiency single double-sided photovoltaic cells, components development, manufacturing and sales.

The net profit of some enterprises is obvious

In the first half of this year, there were also some cases of declining performance.On August 21, million crystal photoelectric technology co., LTD. (hereinafter referred to as the "hundred million crystal photoelectric") published in 2017 semi-annual report shows that during the reporting period, the company operating income of 2.3929816 billion yuan, fell by 25.05%;Net profit attributable to shareholders of listed companies was 295.00 million yuan, down 89.38 percent from a year earlier.

According to the knowledge, the business competition area of the silicon photoelectric is mainly the solar cell component market and the photovoltaic power station business market.Over the reporting period, the company's operating revenue fell 25.05 percent from a year earlier, as the price of component markets fell by about 20 percent compared with the same period last year, according to the company.

The company said it expected net profit for the first six months to June 30 to be about 30 percent to 40 percent lower than the 331 million yuan in the same period last year.According to the glass, the average selling price of photovoltaic glass has declined in the reporting period, and the price of several key raw materials has increased sharply. The increase in sales costs is the main reason for the decrease in performance.

According to bloomberg new energy finance data, the price of photovoltaic modules in the world dropped by 75% to 80% in 2010 and 2015.In 2015, the average price of a world photovoltaic module was us $0.611 per watt, and the average price of Chinese crystalline silicon was about us $0.599 per watt.It is reported that the cost of the project of photovoltaic power station in China has been reduced mainly due to the lower price of battery components, and the price of components (including freight) has decreased by about 6% in the last two years compared with 2013.

The growth of the pv market is expected to slow in the second half of the year

China pv industry association secretary-general Wang Bohua said, growth will slow in the second half of our pv market, technological competition will further intensified, industrial upgrading will accelerate, photovoltaic cell production in China in 2017 is expected to more than 60 gw, reached a record high.Analysts believe that demand from the frontrunners, poverty alleviation projects, distributed markets and overseas markets will fall in the third quarter, and that the pv market will not fall off a cliff in the second half of the year.

This year, according to the securities company research ", June 30, "rob period, pv demand and product into July average were not present the market had expected significant decline, even a small polysilicon prices, the main photovoltaic manufacturing orders has been full until September.