As we all know, investment, consumption and export are driving "Troika" in economic growth. Since this year, investment of State Grid has been "full of enthusiasm". Power grid is an important field of infrastructure investment. The increase of investment by State Grid is undoubtedly a shot in the arm for the power industry and related industrial chain.
Since the beginning of this year, the impact of COVID-19 on export forced photovoltaic manufacturing companies to speed up the pace of reducing power costs. The pace of technological innovation is accelerating, and the development trend may exceed expectations. China's photovoltaic industry is developing from rapid development to high quality.
The real economy represented by manufacturing industry is the main direction of China's transformation and upgrading. According to China New Energy Overseas Development Alliance, as for the photovoltaic industry, China is the only country in the world with the ability to invest from upstream materials to midstream components and then to downstream power stations. Owning 60% to 70% of the global photovoltaic industry chain resources, the Chinese enterprises have occupied the leading position and been recognized as essential resources for the development of new energy in the world. At the end of July, the department held talks with Autopoli Industria E Comercio De Auto Pecas Ltda., a large electrical appliance company in Sao Paulo, Brazil, on its annual plan of about 10kW photovoltaic module procurement project, and both parties signed the product test order. The company's main raw materials for photovoltaic modules are purchased from China, and it is intended to follow up future batch orders after the product test is passed.
Autopol specializes in the manufacture of auto parts and LED lighting solutions for the automotive industry. Its product technology and efficiency are inextricably related to low energy consumption. As an important aspect of urban infrastructure construction, street lighting is one of the typical areas that need to be transformed in the future. The photovoltaic industry will make it possible for street lamps to obtain energy from solar panels and pedestrian movement. The company's cross-border application of photovoltaic products fully reflects the trend of sustainable economic development. In fact, in order to ensure the sustainable development of the photovoltaic industry, the Brazilian government has issued a series of policies to enhance the market vitality. For example, an official communique was issued at the end of July, which listed some imported solar energy equipment into the zero tariff list, and the tax exemption period was extended to the end of 2021. Therefore, despite the impact of COVID-19 spread, Brazil PV market has maintained a relatively stable growth trend, and the import of PV modules and inverters has increased considerably. It can be seen that the future cooperation of the project with Brazilian customers has a good prospect.
Different from the increasingly rational domestic market, the overseas market is changing with each passing day. With more and more countries become GW markets (more than 16 countries have become GW markets in 2019), the overseas market has become a new competitive point for photovoltaic enterprises. On the whole, the global photovoltaic market is optimistic and will remain at a high level. Facing the severe situation of the epidemic, enterprises must have a more in-depth and accurate understanding of the market.The international business department will continue to pay close attention to the global market, formulate product strategy and market strategy suitable for overseas market, seize the opportunities, overcome difficulties and expand overseas markets.