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Tianhe & Tongwei sign strategic agreement! Jointly build a new era of photovoltaic industry chain
Sep 11,2020 14:49CST
translation
Tianhe & Tongwei signed a strategic agreement! Jointly build a new era of photovoltaic industry chain] on September 10, Tonghe and Trina signed a strategic cooperation agreement at the Western Photovoltaic Industry Summit Forum, announcing that the two companies will jointly build a photovoltaic industry chain through professional development and in-depth cooperation.
The content below was translated by Tencent automatically for reference.

SMM: on Sept. 10, Tonghe and Trina signed a strategic cooperation agreement at the Western Photovoltaic Industry Summit Forum, announcing that the two companies will jointly build a photovoltaic industry chain through professional development and in-depth cooperation.

Gao Jifan, chairman of Trina Solar, said that there are certain risks in the development of vertical integration, which will still focus on battery and module business in the future, with the goal of becoming the world's leading provider of photovoltaic solutions. In the upstream link, we will cooperate deeply with the leading enterprises in the industry, make use of the advantages of both sides, achieve healthy, sustainable and high-quality development, and promote the industry to a new height.

Liu Hanyuan, chairman of the board of directors of Tongwei Group, deeply agrees with this. He pointed out that the division of labor and cooperation can make the ecological development of the industry better and maximize the interests of each other. From the experience of the world's leading enterprises, the degree of product specialization is relatively high, the focus is relatively more focused, benefit others and self-interest, and promote the orderly development of the industry.

Previously, Zhixin Consulting predicted that after previous fluctuations in the industrial chain, the photovoltaic industry would seek to establish a new industrial cooperation mechanism: after entering parity, the degree of marketization of photovoltaic product prices has been further enhanced, and the history of reversing industrial chain prices with fixed feed-in prices is a thing of the past. As the cost of photovoltaic power is lower than that of thermal power in most countries, whether this part of the profit space should be transferred to end customers, absorbed by the industrial chain and absorbed by which enterprises in the industrial chain is a topic worthy of attention in the future. We believe that in the future, more photovoltaic enterprises will actively seek an advantageous competitive position in the industrial chain, and perhaps a new industrial chain will be formed in 2021.

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