BEIJING, May 24 (Xinhua) -- The photovoltaic (PV) sector in Baotou City, north China's Inner Mongolia Autonomous Region, reported rapid growth in recent years and showed promising future in producing low-carbon products.
In 2022, the output value of the PV sector in the city increased by three times to exceed 100 billion yuan, with the production capacity of polysilicon and monocrystalline silicon far outperforming other cities.
A batch of projects have also been launched in the city to add momentum to the PV development. The phase I project under construction by Xinte Energy Co., Ltd. unveiled products on June 30, 2022, and realized the industrial output value of 8 billion yuan and profits and taxes of nearly 3 billion yuan as it was put into operation.
This year, the city will continue the implementation of 38 PV industry projects, while signing 18 new projects involving sectors of solar cells, PV cells, PV modules and others.
The city's rapid growth of PV sector was backed by its complete infrastructure and rich resources. Low cost of electricity, large wind power generation base, complete industrial supply chain and cross-border railway services are all conducive to the sound development of PV sector.
In addition, the city has formulated a series of supporting policies to optimize the business environment and attract investment. At present, a total of 12 key PV manufacturing enterprises have put into production and four key polysilicon head enterprises are settled in Baotou. In the past two years, the city has rapidly gathered a number of leading PV enterprises such as Xinte Energy, Shuangliang Group, GCL Group and Risen Energy.
Since 2021, Baotou has been aiming at the low-carbon transition and grasping the opportunity of the layout of the crystalline silicon industry to optimize the industrial and supply chain and realize robust growth.
At present, the city's PV silicon industry has formed a relatively complete industrial chain including polysilicon, single crystal rod, slice, module and other links, forming a production capacity of 335,000 tonnes of polysilicon, 138.8 gigawatts (GW) of monocrystalline silicon, 25 GW of slice and 8 GW of module.
(Edited by Tian Shenyoujia with Xinhua Silk Road, tianshenyoga0524@163.com)
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