On the 6th, the photovoltaic sector weakened, of which Longi Green Energy Technology Co.Ltd(601012) fell by more than 6%, and the market value evaporated by more than 20 billion yuan. On the news side, Longi Green Energy Technology Co.Ltd(601012) 5, it was announced that the preferential tariff policies and measures enjoyed by the company in Yunnan Province had been cancelled.
several photovoltaic enterprises said they were not affected by the relevant news
On the 6th, in response to “Yunnan Provincial Development and Reform Commission cancelled its preferential electricity price and measures in Yunnan Province, and your company also has large-scale crystal pulling and slicing capacity in Yunnan. Has the company received relevant notice? What impact does it have on the company?” Ja Solar Technology Co.Ltd(002459) responded on the investor interaction platform, “the company has invested in the construction of crystal pulling and slicing production base in Qujing, Yunnan, and the electricity charge is implemented by the ‘market-oriented electricity price policy’, and the adjustment of preferential electricity price policy in Longi Green Energy Technology Co.Ltd(601012) has no impact on the company.”
Source: Shenzhen Stock Exchange
Tianjin Zhonghuan Semiconductor Co.Ltd(002129) said in an interview with the media that the cancellation of preferential tariff in Longji in Yunnan has no impact on the company; Tongwei Co.Ltd(600438) in response to media questions, said, “we have not received the relevant notice.”.
Zhongxin Jingwei noted that on November 1, 2021, the official website of Yunnan Provincial Development and Reform Commission issued the notice on improving the step price policy of electrolytic aluminum industry, which clearly prohibited the implementation of preferential price policies for electrolytic aluminum industry. Preferential electricity price policies and illegal subsidy policies for electrolytic aluminum industry that have been implemented and organized throughout the province need to be cancelled immediately.
“photovoltaic grass” evaporates more than 20 billion a day
On the evening of the 5th, “photovoltaic Mao” Longi Green Energy Technology Co.Ltd(601012) once announced that the company received the letter of Yunnan development and Reform Commission on clarifying Longi Green Energy Technology Co.Ltd(601012) relevant electricity prices on April 1, 2022, saying that according to the requirements of relevant national departments to clean up the preferential electricity price policies, cancel the preferential electricity price policies and measures enjoyed by the company in Yunnan Province since the company’s investment projects in Yunnan Province can no longer implement the electricity price agreed by both parties in the original cooperation agreement, it will increase the production cost of investment enterprises in Yunnan Province to a certain extent, and will have a certain adverse impact on the company’s profits .
Picture source: Longi Green Energy Technology Co.Ltd(601012) announcement
Affected by this news, the photovoltaic sector also weakened collectively on the 6th Longi Green Energy Technology Co.Ltd(601012) fell 5.51% to close at 68.60 yuan. So far, its total market value is 371.3 billion yuan. Settled at the latest closing price, its market value evaporated more than 20 billion yuan compared with the previous trading day in addition, Luoyang Northglass Technology Co.Ltd(002613) fell by the limit, Shanghai Hiuv New Materials Co.Ltd(688680) , Trina Solar Co.Ltd(688599) , Wuxi Autowell Technology Co.Ltd(688516) , Tongwei Co.Ltd(600438) , Qingdao Gaoce Technology Co.Ltd(688556) , Jiangsu Goodwe Power Supply Technology Co.Ltd(688390) , etc.
silicon material price “keeps rising”
In the photovoltaic market, the price of silicon material “rises” continuously, ushering in the 12th week of continuous rise.
On April 6, the silicon industry branch of China Nonferrous Metals Association said that the factors supporting the rise of silicon material price are mainly reflected in: first, last week, all silicon material enterprises signed long orders in April, and most enterprises basically signed all orders in April within a week. This week, it is mainly to execute early orders, and only some enterprises have some surplus and loose orders, which slightly increased the average price of silicon material this week; Second, the operating rate of downstream silicon wafers, including existing capacity and new capacity, remained relatively high. In the same period, the maintenance of Chinese and foreign silicon material enterprises and the obstruction of imported silicon material transportation due to the epidemic situation led to the relative shortage of silicon material supply.
According to the data of the national energy administration, 24.39 million kw of installed power generation was added from January to February, including 10.86 million kw of photovoltaic power, 5.73 million kw of wind power, 4.73 million kw of thermal power and 1.94 million kw of hydropower. Meanwhile, in the first two months, China’s photovoltaic installed capacity increased by 10.86gw, a year-on-year increase of 234%.
In addition, China’s modern energy system plan for the 14th five year plan also clearly proposes to comprehensively promote the large-scale development and high-quality development of wind power and Cecep Solar Energy Co.Ltd(000591) power generation, give priority to local and nearby development and utilization, accelerate the construction of distributed wind power and distributed photovoltaic in load centers and surrounding areas, and promote the application of low wind speed wind power technology.
