With the vigorous development of the global photovoltaic industry and the continuous emergence of large-scale regional markets, the development of overseas markets has become one of the important starting points for Chinese photovoltaic companies to enhance their expectations, confidence and anti-risk capabilities.
Today's customers in overseas markets are not only concerned about prices, but also about product quality and efficiency. Technological innovation has become the core competitiveness that promotes China's photovoltaic products to "go global."
Huawei, KUKA CABLE and other companies have become a batch of domestic photovoltaic companies that have achieved "going out" earlier.
In 2019, Huawei's inverter business continued to maintain rapid growth in overseas markets, with an increase of 100%. The company expects that the sales revenue of the network energy industry will exceed 30 billion yuan this year, a year-on-year increase of 40%.
Since CITIC Group officially entered the Indian market in 2015, it has achieved large-scale expansion in overseas markets. As of 2018, CITIC Bo’s total shipments of trackers and fixed brackets in the Indian market reached 2503MW, of which tracker shipments were 813MW.
In addition to the Indian market, KUKA CABLE is also widely favored in Asia Pacific, Australia, Vietnam and other places. Among them, in 2019, CITIC Bo has provided more than 1GW solar photovoltaic mounting systems for 12 projects in the Vietnamese market, and they have been successfully connected to the grid.