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2021-12-10
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Industry Trends
Ready to Go, Surpass Ourselves | Sunny Technology Showcases at the 4th Henan Provincial Photovoltaic Annual Conference and Distributed Photovoltaic Seminar
On December 7, 2021, the 4th Henan Provincial Photovoltaic Annual Conference and Distributed Photovoltaic Seminar, hosted by the New Energy Professional Committee of the Henan Provincial Industrial Development Research Association, was held in Zhengzhou. Industry leaders and well-known photovoltaic installers gathered to discuss the problems and opportunities in Henan's distributed photovoltaic market and explore the path to high-quality development of the distributed market.
Yao Feng, Secretary-General of the New Energy Committee of the Henan Provincial Industrial Development Research Association, introduced that the photovoltaic industry in Henan has developed rapidly this year. As an emerging industry in recent years, photovoltaic industry practitioners have visited villages and households to explain the advantages and benefits of photovoltaic power generation to farmers. Most farmers have gained a full understanding of photovoltaic power generation, and some have even conducted in-depth research on the photovoltaic industry. Photovoltaic power generation models have also become more diversified. Farmers can choose to invest themselves or take out photovoltaic project loans, reducing the initial investment pressure on farmers. The implementation of farmer leasing models has further ensured zero-risk investment for farmers.
According to reports, as of the end of October 2021, the national newly installed residential photovoltaic (PV) capacity reached 13.61 GW, with Henan province accounting for 2.07 GW, representing over 15% of the national total and showing rapid growth. As of October 2021, Henan Province had a cumulative installed residential PV capacity of 4.2 GW, serving over 220,000 households, with Xinxiang leading the province with 655 MW and 28,400 households.
Since November 2020, Qingtian Technology has been piloting its business in northern Henan Province, accumulating experience and achieving remarkable results. In September 2021, it began extensive recruitment of distributors in Henan, and currently, its distributor network has achieved near-complete coverage. The company has won the trust and recognition of its distributors with its excellent support services, industry-leading delivery speed, and optimal settlement rules. Business volume surged in the fourth quarter, laying a solid foundation for Qingtian Technology's major development in Henan in 2022.
At the seminar, Xi Shujing, Regional Manager of Sunny Solar Technology in Henan Province, stated that the residential photovoltaic market will face the following challenges in 2022: First, the market will see more diversified players. The financial, engineering, and asset security of residential photovoltaic systems has been proven, leading to more central and state-owned enterprises entering the market in 2022. Second, the entire industry chain still faces many unstable factors, such as inverter chip production capacity constraints and the iterative upgrades of high-power components, which will continue to put pressure on the supply chains of various companies. Third, the social environment will see more discordant voices. The residential photovoltaic market is still a relatively new phenomenon, and its growing size will attract more attention in 2022, but widespread acceptance will take time. Therefore, more discordant voices are expected next year.
Despite numerous challenges in 2022, Qingtian Technology, which pioneered the residential PV market in 2015, expanded into Shandong, Hebei, and Henan provinces in 2020, and further into Anhui, Jiangsu, and Shanxi provinces in 2021, has accumulated years of practical experience. It now boasts a complete platform organizational structure, clear engineering standards, mature supply chain management, smooth processes across all business systems, and a preliminary established channel network. The 30-year lifecycle of residential PV power plants necessitates Qingtian Technology's long-term commitment to continuous evolution. Moving forward, the company will maintain its strategic focus, adhere to value-driven development, constantly surpass itself, and earn widespread recognition from the industry and society.
