Polysilicon, wind power and other new energy sources were once hot industries for profit, and they were highly favored by venture capitalists. However, there are currently a series of problems such as excessive investment, leading to the new energy industry entering the “winter seasonâ€...
Bankruptcy rumors frequent new energy winter solstice?
On the evening of October 18, 2011, Suntech Power Holdings Co., Ltd. (hereinafter referred to as Suntech) suddenly heard the news of “bankruptcy filingâ€, which actually shocked the industry, but the company immediately denied it. Suntech Power is not alone. Ten days ago, LDK Solar Energy Technology Co., Ltd. (hereinafter referred to as LDK) was also rumored to “apply for bankruptcy protectionâ€, which was then refuted by LDK Solar.
"Bankruptcy" was a bit glaring - it was reminiscent of the fact that in the beginning of September, American PV module supplier Solyndra announced the closure of the production plant and filed for bankruptcy (the third bankruptcy event in one month), but the domestic photovoltaic industry did not The economy is full of people.
Another new energy darling, wind power generation, has not had a good day. The market demand is significantly reduced. At the same time, due to fierce competition, the cost of the entire wind turbine unit has dropped from 6,500 yuan/kW in 2008 to 3,000 yuan/kW, with a meagre profit. . In spite of this, there are still many wind turbines that can't be sold in warehouses, and it is difficult to sell them. Even giants such as Sinovel and Goldwind have lost profits and high inventory levels. The former is also caused by equipment accidents and various types of problems.
At the beginning of this year, many new energy players were still in a state of rapid success and confidence, and then fell all the way to the bottom. Now they are guarding the backlog of wind turbines, dilapidated wind fields and piles of battery cells. The capital chain is tight, threatened with shutdowns, production shutdowns, and even bankruptcy. These are the keywords that symbolize the decline and decadence. For the first time, they are added to the new energy industry that once enveloped the stars' aura.
The overcapacity and the rapid decline in the growth rate of the industry are the two main reasons why the new energy industry can see the cold weather. In addition, it is also related to the government's loss of enthusiasm for the new energy industry. Today, the policy focuses more on the supervision, regulation, and even cooling of the industry.
After the “Eleventh Five-Year†arrogance, the new energy industry is facing a difficult adjustment period, internal and diplomatic difficulties.
New energy is not cold in the winter venture capital industry, hunters have to love the polysilicon, wind power and other new energy was once a hot industry of profit, favored by venture capital. However, there are currently a series of problems such as excessive investment, leading to the new energy industry entering the “winter seasonâ€, and a large number of companies are in a state of production suspension and semi-discontinuation. For the new energy industry like a roller coaster in recent years, on the “China Venture Capital Development Strategy Summit Forum during the Post-Financial Crisis†yesterday, several venture capitalists said that in the long-term, they are still optimistic about their future development prospects.
Ruan Zhidong, president of Shenzhen Orient Huifu Venture Capital Management Co., Ltd., said that the two new energy companies they invest in have been listed at home and abroad. In the direction of the development of the new energy industry, Min Zhidong believes that because of the limited resources, climate warming, domestic transportation capacity and other factors, it is not feasible to continue to rely on thermal power to meet the demand for electricity. At present, difficulties encountered by some industries such as wind energy utilization and solar energy utilization in new energy are only temporary. With the advancement of science and technology, the use cost of new energy will be greatly reduced; at the same time, there will be great future in the search for new energy sources. space. The development of new energy is a general trend.
Qi Zhidong's viewpoint was unanimously approved by the guests present. For the current situation of new energy, especially the wind energy photovoltaic industry in the "winter", Shenzhen City, Yue Xiang Capital Management Chairman Ji Qing said, "This 'winter' is not too cold, not necessarily a bad thing for the entire industry. From the investment From the point of view, there are now more and more opportunities to find good companies.†Ji Qing said that he is now more optimistic about the photovoltaic industry. In the “winterâ€, PV companies must prepare for industrial consolidation and improve Technical level, reduce costs. Jiqing also favors the photovoltaic industry's entire industry chain.
Cheng Houbo, president of Dongfang Fuhai, said, “We are preparing new energy funds early this year. With regard to the immediate planning, Li Gongchen, general manager of Luxin Venture Capital Group Co., Ltd., stated that it should continue to expand its thinking on new energy development issues. In addition to the development of new energy, attention should also be paid to the use of energy conservation and the development of regional energy sources. Li Gongchen believes that the role of nuclear energy is irreplaceable and a key industry that can be focused on. It is reported that Lu Xin's venture capital] is tracking and inspecting some energy-saving emission reduction and garbage disposal projects.
Mr. Guo Xun, a partner of Shenzhen Dazhengyuan Equity Investment Fund Management Co., Ltd., said that in addition to the photovoltaic industry and wind energy, other new energy projects, such as investment projects for thin films, are also concerned.
Raw materials and market dependence overseas Chinese companies are in urgent need of internal and external breakthroughs "At present, the economic prospects of major markets in Europe and the United States are uncertain. Coupled with fiscal constraints, some countries have tightened their supportive policies for new energy sources, making upstream raw materials and downstream application markets heavily dependent on overseas markets. The development of China's new energy export enterprises is more difficult.†Zhan Xiaoning, head of the Investment and Enterprise Division of the United Nations Trade and Development Organization, said that the transition period has already come.
In the view of Zhan Xiaoning, it is necessary to survive the transition period and companies in the new energy fields such as wind power and photovoltaics should increase investment in overseas. Establishing production bases overseas can enjoy various preferential policies of the host country and can more effectively open the host country market. In particular, some developing country markets should attract the attention of domestic companies. Many domestic companies have certain deficiencies in R&D and innovation. Domestic companies can make up for their own shortcomings by investing in foreign companies, acquiring, and merging European and American technology-based SMEs.
“The transfer of wind farms from inland to coastal areas is a trend, and the wind conditions in the coastal areas, especially in the offshore areas, have higher requirements for all aspects of wind turbines. Domestic wind power companies must win in the market and increase the technological content of products. The quality level is the key.†The above-mentioned person in charge of a world-renowned wind power company stated that our production base in the New District can produce the world's leading wind turbine products, which gives us full confidence in the current market changes. (Reporting by the Securities Times, Chinese entrepreneurs, etc.)
Bankruptcy rumors frequent new energy winter solstice?
On the evening of October 18, 2011, Suntech Power Holdings Co., Ltd. (hereinafter referred to as Suntech) suddenly heard the news of “bankruptcy filingâ€, which actually shocked the industry, but the company immediately denied it. Suntech Power is not alone. Ten days ago, LDK Solar Energy Technology Co., Ltd. (hereinafter referred to as LDK) was also rumored to “apply for bankruptcy protectionâ€, which was then refuted by LDK Solar.
"Bankruptcy" was a bit glaring - it was reminiscent of the fact that in the beginning of September, American PV module supplier Solyndra announced the closure of the production plant and filed for bankruptcy (the third bankruptcy event in one month), but the domestic photovoltaic industry did not The economy is full of people.
Another new energy darling, wind power generation, has not had a good day. The market demand is significantly reduced. At the same time, due to fierce competition, the cost of the entire wind turbine unit has dropped from 6,500 yuan/kW in 2008 to 3,000 yuan/kW, with a meagre profit. . In spite of this, there are still many wind turbines that can't be sold in warehouses, and it is difficult to sell them. Even giants such as Sinovel and Goldwind have lost profits and high inventory levels. The former is also caused by equipment accidents and various types of problems.
At the beginning of this year, many new energy players were still in a state of rapid success and confidence, and then fell all the way to the bottom. Now they are guarding the backlog of wind turbines, dilapidated wind fields and piles of battery cells. The capital chain is tight, threatened with shutdowns, production shutdowns, and even bankruptcy. These are the keywords that symbolize the decline and decadence. For the first time, they are added to the new energy industry that once enveloped the stars' aura.
The overcapacity and the rapid decline in the growth rate of the industry are the two main reasons why the new energy industry can see the cold weather. In addition, it is also related to the government's loss of enthusiasm for the new energy industry. Today, the policy focuses more on the supervision, regulation, and even cooling of the industry.
After the “Eleventh Five-Year†arrogance, the new energy industry is facing a difficult adjustment period, internal and diplomatic difficulties.
New energy is not cold in the winter venture capital industry, hunters have to love the polysilicon, wind power and other new energy was once a hot industry of profit, favored by venture capital. However, there are currently a series of problems such as excessive investment, leading to the new energy industry entering the “winter seasonâ€, and a large number of companies are in a state of production suspension and semi-discontinuation. For the new energy industry like a roller coaster in recent years, on the “China Venture Capital Development Strategy Summit Forum during the Post-Financial Crisis†yesterday, several venture capitalists said that in the long-term, they are still optimistic about their future development prospects.
Ruan Zhidong, president of Shenzhen Orient Huifu Venture Capital Management Co., Ltd., said that the two new energy companies they invest in have been listed at home and abroad. In the direction of the development of the new energy industry, Min Zhidong believes that because of the limited resources, climate warming, domestic transportation capacity and other factors, it is not feasible to continue to rely on thermal power to meet the demand for electricity. At present, difficulties encountered by some industries such as wind energy utilization and solar energy utilization in new energy are only temporary. With the advancement of science and technology, the use cost of new energy will be greatly reduced; at the same time, there will be great future in the search for new energy sources. space. The development of new energy is a general trend.
Qi Zhidong's viewpoint was unanimously approved by the guests present. For the current situation of new energy, especially the wind energy photovoltaic industry in the "winter", Shenzhen City, Yue Xiang Capital Management Chairman Ji Qing said, "This 'winter' is not too cold, not necessarily a bad thing for the entire industry. From the investment From the point of view, there are now more and more opportunities to find good companies.†Ji Qing said that he is now more optimistic about the photovoltaic industry. In the “winterâ€, PV companies must prepare for industrial consolidation and improve Technical level, reduce costs. Jiqing also favors the photovoltaic industry's entire industry chain.
Cheng Houbo, president of Dongfang Fuhai, said, “We are preparing new energy funds early this year. With regard to the immediate planning, Li Gongchen, general manager of Luxin Venture Capital Group Co., Ltd., stated that it should continue to expand its thinking on new energy development issues. In addition to the development of new energy, attention should also be paid to the use of energy conservation and the development of regional energy sources. Li Gongchen believes that the role of nuclear energy is irreplaceable and a key industry that can be focused on. It is reported that Lu Xin's venture capital] is tracking and inspecting some energy-saving emission reduction and garbage disposal projects.
Mr. Guo Xun, a partner of Shenzhen Dazhengyuan Equity Investment Fund Management Co., Ltd., said that in addition to the photovoltaic industry and wind energy, other new energy projects, such as investment projects for thin films, are also concerned.
Raw materials and market dependence overseas Chinese companies are in urgent need of internal and external breakthroughs "At present, the economic prospects of major markets in Europe and the United States are uncertain. Coupled with fiscal constraints, some countries have tightened their supportive policies for new energy sources, making upstream raw materials and downstream application markets heavily dependent on overseas markets. The development of China's new energy export enterprises is more difficult.†Zhan Xiaoning, head of the Investment and Enterprise Division of the United Nations Trade and Development Organization, said that the transition period has already come.
In the view of Zhan Xiaoning, it is necessary to survive the transition period and companies in the new energy fields such as wind power and photovoltaics should increase investment in overseas. Establishing production bases overseas can enjoy various preferential policies of the host country and can more effectively open the host country market. In particular, some developing country markets should attract the attention of domestic companies. Many domestic companies have certain deficiencies in R&D and innovation. Domestic companies can make up for their own shortcomings by investing in foreign companies, acquiring, and merging European and American technology-based SMEs.
“The transfer of wind farms from inland to coastal areas is a trend, and the wind conditions in the coastal areas, especially in the offshore areas, have higher requirements for all aspects of wind turbines. Domestic wind power companies must win in the market and increase the technological content of products. The quality level is the key.†The above-mentioned person in charge of a world-renowned wind power company stated that our production base in the New District can produce the world's leading wind turbine products, which gives us full confidence in the current market changes. (Reporting by the Securities Times, Chinese entrepreneurs, etc.)
Ceiling speaker Co., Ltd. , http://www.nbsoundmodule.com