|Yiwu PV Industry at 18.89 Bn|
Warehouse of JA Solar’s Yiwu production base
According to the latest data from the Statistics Department, from January to July, the cumulative output value of Yiwu’s photovoltaic industry was 18.89 bn RMB, accounting for 34.1% of the total output value of Yiwu’s industrial enterprises above designated size. At present, this data is still increasing. Yiwu has gathered production bases of several leading PV companies such as Jinko Solar, JA Solar, Trina Solar, Risen Energy, and Aiko Solar, among others. The total industrial investment is more than 80 bn RMB, and the production capacity is more than 100GW.
Aiko is the first PV manufacturing giant to enter and set up company headquarters in Yiwu. Having signed the contract in January 2017, the first phase of the project was put into production that year. Following Aiko, Risen Energy also settled its new manufacturing base in Yiwu.
In addition, the JA Solar Yiwu project is the largest investment project in the company’s history. Within the “recreating JA Solar goal,” under the pandemic, it took only 142 days for an investment project of more than 10 bn RMB to go from groundbreaking to production. Nowadays, the world’s largest PV module smart cell workshop is built in JA Solar’s Yiwu base.
“By the end of this year, the sales volume will strive to reach 10 bn RMB,” said with confidence Yang Xiaojun, general manager at Trina Solar, during a visit of the Yiwu-based company on August 18. By reaching over 10 bn RMB of output value, Trina would establish the first 10 billion a year enterprise in Yiwu.
In a ranking recently announced by PV InfoLink, one of the world’s most important consulting organizations in the PV field, the Yiwu-based Trina Solar and JA Solar are also among the top three companies in global photovoltaic module shipments in the first half of 2021.
In July 2021, Yiwu once again ushered in a number of influential and supplementary PV companies, deepening the strategic layout of the photovoltaic industry chain. (Text and photo by Wang Ting, translated by Marco Lovisetto, edited by Mariam Ayad)