Longji green energy ( Longi Green Energy Technology Co.Ltd(601012) ) said in a recent survey by e Fonda, BOCOM Schroeder, GF fund and other institutions that in the first quarter of 2022, due to the uncertainty of U.S. market policy and the price rise of the industrial chain, the company's PV module shipments decreased compared with the initial expectations. In the second quarter, the company strengthened the analysis of demand changes in different markets and price changes in the industrial chain, and flexibly adjusted the component shipments in different markets. It is expected that the component shipments in the second quarter will improve significantly month on month. The company still maintains an optimistic judgment on the demand of the global photovoltaic market. At present, module orders are continuously signed.
According to the data, Longji green energy achieved 6.44gw of component shipments in the first quarter, of which the top three shipping markets were China, Europe and India, accounting for 32%, 27% and 18% respectively. The company expects strong growth in the European photovoltaic market. In 2021, the company's component products accounted for about 28% of the European market, taking a leading position. This year, the company will actively seize the opportunity of European market demand growth and further increase its shipments in Europe.
Longji green energy also said that in 2021, due to the shortage of silicon material supply, the company's silicon wafer capacity expansion slowed down. This year, the silicon material production capacity is expanding rapidly, and the supply margin is improving. The company will continue to expand investment. It is expected that the silicon wafer production capacity of the company will reach 150gw by the end of 2022 In addition, the company's new battery technology capacity construction is progressing smoothly and is expected to be put into operation in the third quarter of this year, mainly for the medium and high-end distributed market.
The company also predicts that the demand prospect of the global photovoltaic market is very clear. Under the background of carbon neutrality, the transformation of energy to low carbon will be accelerated. It is expected that the global annual new photovoltaic installed capacity is expected to exceed 1500gw by 2030.
