The face of crises and the global photovoltaic industry "shuffle" Chint Solar timely transformation and overcome difficulties. The competitive advantage of low-cost manufacturing and photovoltaic electrical system as a whole, the first half of this year, sales grew 64%. Sales are expected in the second half of a growth of 140%, profit growth of 50% year-on-year.
By the European debt crisis deepened, the U.S. "double reverse" influence, the photovoltaic industry in particular occupies a huge loss of two-thirds of the world photovoltaic industry capacity.
It is understood that the current generation of crystalline silicon module prices from $ 4 per watt in 2008 to about $ 0.6 per watt; second-generation thin-film components also fell to $ 0.7 from $ 1.5 per watt. In this climate, the longer Chint for technical level of the world's leading high-end second-generation amorphous and microcrystalline thin film product advantages. To this end, in April of this year, Chint Solar decisive decision-making, PV module production to return to the processing industry in general by the high-tech industry, a clear positioning to build the company into a world-class developer of clean energy ", timely integration of assets and equity restructuring. Chint Solar Company in accordance with the idea of "restructuring of capital increase, adjust the film, cost reduction and efficiency, restructuring and development", caught two, promoting the middle: First, stop the film production, adjust the direction of development of thin-film technology and equipment, the stripping film equipment assets Shanghai high IAS to develop OLED technology, and equipment. The company is also the establishment of a new Energy Research Institute in Hangzhou, the research and development of building integrated photovoltaic curtain wall and other special market products and HIT technology to improve the conversion efficiency and reduce costs. According to the advantages of thin-film high-temperature effects, to actively promote the film plant transfer in tropical regions production process of cooperation to achieve the sustainable development of the film industry. At the same time, the company will be the existing generation of 600MW (megawatt) production capacity of crystalline silicon cells, generation of 900MW (megawatt) production capacity of crystalline silicon components, industrial chain interaction with Chint Group, to form the world's first solar photovoltaic system solutions providers Chint Group at the same time to bring the added value of the industrial chain, improve the solar generation crystalline silicon own value and market competitiveness. Chint Group will be the the Chint new energy company transformation into a PV power plant development companies and investment funds with the investment institutions set up photovoltaic power plants, reducing the the Chint Group Company assets-liability ratio, followed by power plant development company listed on the way to achieve sustainable development, investment, construction of photovoltaic power plants at home and abroad.
As the early entry into the investment, construction, and one operator of the field of photovoltaic power generation project of photovoltaic solar Chint 2008 began to get involved in the business of construction of photovoltaic power plants. In the western region Chint Solar commitment the Shizuishan 10 MW project is China's first grid photovoltaic power plants. In Gansu last year, the 100-megawatt photovoltaic power plant has been completed, in early August this year, Dunhuang 50 MW and urn 40 MW PV power plant have also grid. The start of the 330-megawatt project in Gansu this year, construction is in full swing. Prior to this, Golmud, Qinghai, Chint solar construction of 20 MW and a Shizuishan two 20-megawatt project, as well as Sun Mountain 10 megawatt project has been successful and the grid.
National Golden Sun project approved in the east, Chint solar company in the construction of a total of nearly 100 megawatts, including a 1-megawatt project in Nanji Island Development Zone, Changxing a 10-megawatt project. This year, Chint Solar Zhejiang province has become the largest solar companies granted a total national Golden Sun project, the company approved three Golden Sun demonstration projects totaling 43 MW.
Overseas power plant construction, Chint Solar construction of a 6-megawatt photovoltaic power plant in Arizona, California, respectively 5 MW PV power plant construction in Thailand, 6-megawatt photovoltaic power plant construction in South Korea, 48-megawatt power plant built in Bulgaria. In 2011, Chint Solar has completed the development and construction of 200 MW task, the task this year will reach 500MW. To the "12th Five-Year" period, the Chint Solar also completed in the overseas market 3GW to 5GW solar power station construction.
Chint Solar's low-cost manufacturing advantage and photovoltaic electrical system overall competitive advantage to be fully reflected in a series of action to implement cost reduction and efficiency and structural adjustment. Chint Solar industry downturn gradually recovered to become the nation's largest private solar power system developers.