Hanergy thin film solar energy conversion rate broke 30.8% M&A technology sought to break through

It has been two years since the EU "double opposition", but the EU has a trade protectionist tendency, and there are still various obstacles for Chinese PV companies. In this context, the transformation and upgrading of photovoltaic enterprises is particularly important. Turning to domestic and emerging markets such as Latin America and developing thin film technology is a long-term solution for PV companies to break through the anti-circumvention investigation. On August 13, the solar energy company Hanergy Holding Group announced the completion of the acquisition of Alta Devices (hereinafter referred to as "Alta"). Through this acquisition, Hanergy has the highest conversion rate of thin-film solar technology - gallium arsenide (GaAs) high-efficiency flexible film technology, further enhancing Hanergy's technological leadership.
Li Hejun, chairman of the board of directors of Hanergy Holding Group, believes that through the acquisition of this technology, Hanergy's thin film solar energy conversion rate has reached 30.8%, becoming the world's highest conversion rate of thin film solar cell technology.
The fourth acquisition "Hanergy in the field of thin film solar technology mainly rely on their own research and development and mergers and acquisitions to increase the conversion rate." Li Hejun said. It is reported that Alta is the world's leading manufacturer of thin film solar cell technology, producing the world's most efficient conversion of flexible gallium arsenide (GaAs) solar cells, resulting in an efficiency of 8% higher than the global production of monocrystalline silicon technology, 10% higher than polysilicon; the same area, it can produce 2 to 3 times the performance of ordinary flexible solar cells, and can support a wide range of mobile power applications.
Certified by the National Renewable Energy Laboratory, Alta single junction cell efficiency is 28.8%, and double junction cell efficiency is 30.8%, which is the world record for the highest conversion rate of thin film solar cells.
In fact, since 2012, Hanergy has accelerated the pace of overseas mergers and acquisitions. At present, Hanergy has mastered 7 thin film technology routes such as amorphous silicon-germanium, amorphous silicon-nanosilicon, and copper indium gallium selenide. The mass conversion conversion rate of thin film solar modules has reached 15.5%, and the highest R&D conversion rate has reached 18.1%. . In 2012, 2 Hanergy Holding Group acquired Solibro, a manufacturer of copper indium gallium selenide (CIGS) thin film, a subsidiary of Q-CELLS in Germany. The company's copper indium gallium selenide (CIGS) thin-film solar cells have the highest module conversion efficiency in the world, and the highest conversion rate in the laboratory has reached 18.1%. In 2013, Hanergy acquired two overseas PV technology companies, and this acquisition became the fourth challenge of Hanergy in the technical line.
In this regard, Li Hejun said that flexible and thin film is the future and general trend of the development of the photovoltaic industry. With the completion of foreign technology acquisitions, Hanergy's flexible thin-film solar modules will begin mass production, which will greatly accelerate the transformation and upgrade of China's photovoltaic industry, opening up a new world for China's solar photovoltaic application market.
The reporter learned that since 2012, the EU's double opposition to China's crystalline silicon market has caused a big impact. Looking for clean energy has become a hot topic. In this context, Hanergy has accelerated its ability to develop and innovate its thin film technology through integration. The world's top thin film technology continues to expand the competitive advantage of enterprises and improve the efficiency and application of clean energy.
In the future, Hanergy will continue to maintain its development strategy of both international and domestic markets. Through deepening the existing business of photovoltaic building integration (BIPV), flexible roof, household power generation, automotive applications, etc., through the integration of technology with Alta, Actively develop business development in consumer electronic equipment, such as mobile phone emergency charging, remote exploration, automotive, Internet of Things and other mobile power.
Industrialization Difficulties Although the fourth merger has been realized, whether or not it is possible to industrialize foreign advanced technologies is still a difficult problem for Hanergy. A photovoltaic company researcher once said that compared with foreign markets, domestic PV companies are mostly acquisition technology, but they have not achieved quantitative. "Many foreign technologies are also in the laboratory research stage. Once applied to the real economy, there may be various discomforts, which is the place that enterprises need to pay attention to." In the case of Hanergy, Hanergy has the world's most advanced 4 The technical line, but did not achieve a truly large-scale quantitative production, which is somewhat uncomfortable in China's domestic environment.
However, in Li Hejun's view, it seems to be only a matter of time. On the day of the acquisition of Alta, Hanergy signed a strategic cooperation agreement with Bird's Nest. According to the agreement, Hanergy officially became the strategic partner of the National Stadium (Bird's Nest) and the only partner of clean energy technology. During the five-year cooperation period, Hanergy will use its advanced clean energy technology to continuously improve the environmental protection and energy conservation level of the National Stadium.
It is reported that up to now, the Bird's Nest has held more than 150 large-scale performances, gradually achieving the branding and routineization of top-level performances, and fully realizing the prosperity of events in the venues.
"Cooperate with Bird's Nest, acquire core technology through independent mergers and acquisitions, and accelerate the transformation of new energy industry and economic transformation to solve the energy bottleneck and environmental pressure facing China," said Li Hejun. At present, Alta's single-junction gallium arsenide thin film solar cells have begun mass production. After the completion of the merger, Alta will operate independently as a wholly-owned subsidiary of Hanergy. Hanergy will work with Alta to explore the international market and enhance cooperation with strategic customers.
It is worth noting that in order to support the development of domestic distributed PV, the National Development and Reform Commission, the National Energy Administration, the State Grid and the State Administration of Taxation have successively issued a number of distributed photovoltaic rules to improve the distributed related policy system.
In July 2013, the “Several Opinions of the State Council on Promoting the Healthy Development of the Photovoltaic Industry” was promulgated. In January 2014, the National Energy Administration issued the “Notice on the Annual New Construction Scale of Photovoltaic Power Generation in 2014”, proposing the national PV record target for 2014. It is 14 GW, of which 8 GW is distributed and 6 GW is large.
In March 2014, the National Development and Reform Commission issued the “Work Plan for Strengthening Air Pollution Prevention and Control in the Energy Industry”, and further proposed the medium-term goal of distributed PV: 20 GW in 2015 and 35 GW in 2017.

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