Pan Wenhui: Solar Cruel Time Comes

Following Moody's publicly stated that the fourth quarter of the solar energy industry was not performing well, Taiwan’s another major battery maker is still holding the same view. General Manager Pang Wenhui seriously pointed out that from the fourth quarter of this year to the first quarter of next year, it will be solar energy. In the “cruel moments” in history, too old factories, too new factories, small-scale factories or factories with insufficient competitiveness will all be cut out like a “sliced ​​sausage”.

The solar industry has been in the doldrums for some time. The prices of the entire industry supply chain have continued to decline recently. Even among the Taiwan optoelectronics fairs that are being held, there is hardly any optimism. Only a few manufacturers such as GCL-Poly in China Domestic new sunlight is still holding strong intentions.

Judging from the September revenue announced by various solar power plants, only Jingjing has grown by more than RMB 10 million from August, and the rest have decreased. Pan Wenhui said that in September, product prices continued to decline, which also reflects the company's September shipments far higher than in August. As for the performance of the fourth quarter, they also hope to reach the third quarter level.

Pan Wenhui said that in consideration of the variable costs, he is still trying to take orders as far as possible, and he will still adopt the same strategy in the fourth quarter. According to the legal person assessment, the fourth quarter is a season of traditional industrial low season. It is not easy to achieve “no compensation” if it can be achieved.

Pan Wenhui pointed out that the killing of this wave of industry will be quite "bloody", but even if you know that it is rotten, it is still unstoppable. For some manufacturers, it is "to die and not to die."

He expects that from the fourth quarter to the first quarter of next year, it will be a "cruel moment" in the history of solar energy. Too old plants, too new plants, small-scale plants or under-competitive plants will all resemble "sliced ​​sausages." Like, a paragraph was cut off.

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