According to the "China Solar cell Export Data Report" published by Gaixi Consulting at the end of November, Jiangsu Huaheng New Energy's exports of monocrystalline and polycrystalline solar cells both jumped to the top ten in October. The company's export volume of monocrystalline solar cells is 27.05MW, ranked 8th in China and the volume of polycrystalline solar cells is 33.1MW, ranked 3rd in China. As of October, Huaheng New Energy's total solar cell export sales in 2019 exceeded 50 million US dollars. Huaheng New Energy's 2GW solar cell project successfully captured 3% of the export share with 2% of the country's production capacity.
As the cost of photovoltaic power generation continues to decline, some emerging overseas markets are rapidly reaching the level of GW, which has created huge opportunities for Chinese photovoltaic companies. Huaheng keeps the eye on the market, through technology upgrades, the cost is reduced and the efficiency enhanced, and product improve its competitiveness. At present, the company's mass production conversion rate of monocrystalline cells reaches 22.2%, and the polycrystalline cell mass production conversion rate reaches 19%, which are both at the leading level in the industry. Through technology research and development, Huaheng's products have been continuously recognized by domestic and foreign industries, and our credibility has gradually increased, popularity has continued to expand.
In the future, Huaheng will continue to implement the "go out" strategy, and contribute to Chinese photovoltaic share in global market.
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