Chinese solar products provider Tongwei Co., Ltd replied to investors’ questions today regarding to its current business.
Solarbe: Is all the property right of the photovoltaic power station built by Tongwei Co., Ltd or co-construction property right? What is the average construction cost of 1 GW? What is the average feed in tariff?
Tongwei: The photovoltaic power stations currently built by the company are controlled by the company, and most of them are fully owned by the company. The construction cost is at a reasonable level in the industry. The grid-connected electricity price varies according to the construction time and region of the project.
Solarbe: Does your company cooperate with Huawei?
Tongwei: The company has purchased Huawei’s products and services, and is about to cooperate in intelligent manufacturing, 5G application, etc..
Solarbe: How to ensure the rationalized profits of the company’s cells since Longi and JA Solar all produce their own cells? Does the company intend to join hands with module manufacturers or consume your own cells through fishery complementary projects, or plan to carry out integration projects on your own?
Tongwei: The company’s cell quality and cost are leading in the industry with strong product competitiveness. Over the years, the company’s cell production and sales have been booming, with customers cover the top ten module enterprises in the world. With the rapid development of the global photovoltaic market, the market demand scale of the cell is expected to continue to increase. Specialized cell manufacturers create market competitiveness through large-scale production, fine management, continuous optimization of process and upgrading of cell technology. Up to now, the company has no plan to expand module business on a large scale. The company will continue to pay attention to the industry development and make prudent decisions in combination with its own comparative advantages.
Solarbe: An article recently published by the Ministry of Ecology and Environment, The Slow Progress of Industrial Transformation and Upgrading in Leshan, Sichuan, With Prominent Blind Development of Projects in Ceramics and Other Industries, mentioned that “the 15 GW high-efficiency monocrystalline pull rod and square cutting project of Yongxiang Co., Ltd started construction in January 2021 without energy-saving review, and had not been rectified in strict accordance with the regulations as of the arrival of inspectors. What is the current progress of the project? Is it affected by local environmental protection regulation?
Tongwei: The company’s production and operation are normal, and all projects are promoted as planned.
Solarbe: It is known that due to the fact that 210mm wafer has a higher cost and a lower yield than 182mm wafer, has Tongwei (Chengdu) changed the 210 cell production line to 182?
Tongwei: The company’s 210 cell production line can both produce products of 210mm and those below 210mm, and we will comprehensively decide the product portfolio according to the procurement needs of downstream customers.
Solarbe: How much industrial silicon is needed to produce a ton of silicon material?
Tongwei: According to the industry situation sorted out in the Development Roadmap of China’s Photovoltaic Industry (ver. 2020), the unit consumption of silicon industry is basically at 1.1kg/kg-Si level, and the company’s index is better than it.
