Cross-border and cooperation have obviously become a new trend in the photovoltaic industry. According to statistics from Polaris Solar Photovoltaic Network, since the beginning of 2021, more than a dozen leading photovoltaic companies, including Longi, JA Solar, Jinko, Sungrow, Tongwei, and Trina Solar, have signed more than 100 strategic cooperation agreements, in addition to the depth of the industrial chain Outside of Baotuan, photovoltaic giants are rapidly expanding their "circle of friends".

    One, the deep marriage of the industrial chain

     In 2020, the short supply of raw and auxiliary materials such as silicon and glass, and the sudden increase in prices, directly led to the shortage of downstream silicon wafers and component companies, and the phenomenon of breach of contract and bargaining. The tight market supply and demand not only contributed to the dozens of years in 2020. The “grabbing war” of over 92.7 billion yuan by leading photovoltaic subdivision companies has also allowed leading companies such as Longi, Tongwei, and Trina Solar to reach in-depth strategic cooperation through mutual equity participation and establishment of joint ventures to form silicon The complementary pattern of the industrial chain of materials-silicon wafers-solar cells-modules-power stations. This kind of enterprise cooperation promoted by the supply and demand of the industrial chain will continue after entering 2021.

      According to incomplete statistics from the Polaris Solar Photovoltaic Network, from the beginning of 2021, five photovoltaic companies including Jinko, Tongwei, JA Solar, TBEA, and Trina Solar have become in-depth strategic partners through capital increase and equity expansion, and joint venture expansion. .　　

      On February 9, in order to further strengthen the resource sharing and integration of the photovoltaic industry chain, and consolidate and enhance its own dominant position in the industry, the leading company Jinko announced the signing of a strategic cooperation agreement with Tongwei. One ton of high-purity crystalline silicon project and an annual output of 15GW silicon wafer project. Among them, Tongwei shares a 30% stake in JinkoSolar’s 15GW silicon wafer project company, and JinkoSolar strategically participates in a 35% stake in Tongwei’s 45,000 tons of high-purity crystal. For the silicon project company, both parties will distribute dividends in proportion to their equity. On June 18th, Jinko and JA Solar chose to partner with TBEA to enter the silicon materials sector and increase the capital and shares of Inner Mongolia Xinte Silicon Materials Co., Ltd., and the three parties jointly signed the "Investment and Construction of 100,000 tons of high-purity polysilicon green Energy Circular Economy Project and Inner Mongolia Xinte Silicon Materials Co., Ltd.'s Capital Increase and Share Expansion Agreement", a total of 3.44 billion yuan was added to Inner Mongolia Silicon Materials Co., of which Xinte Energy increased its capital by 2.81 billion yuan, JinkoSolar increased its capital by 31,500 yuan, JA Solar Technology capital increase of 315 million yuan.

　　 In addition to Jinko, Trina Solar also chose to increase its capital and acquire shares to reach strategic cooperation with upstream companies. In November last year, Tongwei Co., Ltd. issued an announcement that it plans to jointly invest 15 billion yuan with Tianhe to establish a project company and jointly invest in four major projects-an annual output of 40,000 tons of high-purity crystalline silicon project, an annual output of 15GW pull rod project, and an annual output of 15GW slices. Project, an annual output of 15GW high-efficiency crystalline silicon battery project. On June 21 this year, the company’s information showed that the industrial and commercial information of Inner Mongolia Tongwei High Purity Crystal Silicon Co., Ltd. showed that its equity has changed. The new shareholder, Trina Solar, has changed its registered capital from the original 1.2 billion yuan to 2.8 billion yuan. Heguang Energy holds 20% of the shares with 560 million yuan of capital, realizing new progress in investment of 15 billion yuan.

　　 2. Expanding "Circle of Friends"

　　 In addition to the strategic alliance of enterprises caused by the contradiction between supply and demand in the photovoltaic market itself, the proposal of my country's "carbon peak and carbon neutral" goal will have a more profound impact on the strategic cooperation of enterprises in 2021.

      Since September last year, General Secretary Xi Jinping proposed for the first time in the world that China should achieve carbon peaks by 2030 and carbon neutrality by 2060; in March of this year, Premier Li Keqiang proposed in his government work report that solid carbon peaks , Carbon neutrality, and after formulating an action plan for peaking carbon emissions by 2030, the "dual carbon target" has quickly attracted the attention of various industries. The new energy industry represented by photovoltaics has also become a hot investment target. Photovoltaic companies While welcoming the huge development opportunities with surprises, it quickly changed its development strategy and re-formed its corporate development goals and market layout around "carbon peaks and carbon neutrality".

       Take LONGi as an example. Before 2021, LONGi’s strategic partner layout will mostly focus on the upstream and downstream of the photovoltaic industry chain such as silicon wafers, modules, and power station development. After entering 2021, LONGi will focus on Harmony aims to carry out diversified and comprehensive strategic cooperation with Sinopec, Jidian Electric Co., Ltd., Baosteel Co., Ltd. and other leading companies in the industry and cross-industry leaders in the fields of BIPV, green hydrogen, and chemical materials, and signed a strategic cooperation agreement with Xi’an Jiaotong University. , To jointly build the "Jiaotong University-Longji Zero Carbon Energy Research Institute", and go further on the road of school-enterprise alliance.

　　 The strategic layout of Sungrow Power is more inclined to develop new business models of the integration of wind and solar hydrogen storage in the new power system under the background of the dual-carbon target. In April of this year, Sungrow signed a strategic cooperation framework agreement with Three Gorges New Energy, Goldwind Technology, and the People’s Government of Xinxiang City, Henan Province, aiming to promote the development of new energy bases, integration of wind, solar, and water storage in Xinxiang City during the "14th Five-Year Plan" period. The development and construction of the energy storage industry chain and other fields will help Xinxiang City become a “carbon peak and carbon neutral” strategic demonstration zone; in May, it signed a strategic cooperation agreement with the People’s Government of Inner Mongolia Autonomous Region and Zhongcai Rongshang. According to the agreement, Sunshine New Energy will Starting from the two ends of new energy technology innovation and industrial application, the Inner Mongolia Autonomous Region has invested in the establishment of modern energy research institutions, participated in the local modern energy development plan, and innovatively created a number of photovoltaic, wind power, energy storage, hydrogen production demonstration projects, and so on.

        In addition, Huawei, JA Solar, Chint, GCL, Trina Solar and other famous photovoltaic companies have their own strategic cooperation in various aspects such as zero-carbon energy, zero-carbon smart city, integration of wind and solar hydrogen storage, and distributed clean energy. layout.