During the 11th Summer Davos Forum, Jing Jing, Vice President of Jingke Energy, said in an interview that in the context of the “One Belt, One Road” strategy, Chinese PV companies “go out” have both opportunities and challenges. Efforts should be made to improve their global capabilities.
Qian Jing believes that before the introduction of the “One Belt, One Road” initiative, “going out” of PV companies is basically an individual behavior, which is a decision of a single enterprise and has great risks. Under the “Belt and Road Initiative” initiative, companies can help to avoid many risks, especially geopolitical risks. Secondly, some Chinese banks, legal institutions, and chambers of commerce have added outlets in the countries along the “Belt and Road” to help Chinese companies reduce some of the problems caused by unfamiliar local laws and regulations, customs, taxes, foreign exchange controls, and exchange rate fluctuations. Loss has greatly reduced the risk of the company.
Qian Jing said that compared with European and American countries, the countries along the “Belt and Road” have a relatively fast economic growth rate. The active economy has led to strong demand for electricity, but these countries have fewer traditional resources such as coal and natural gas. However, these countries have good lighting and abundant light energy resources, which also brings rare opportunities for Chinese PV companies.
For the financing difficulties and financing problems of PV companies, Qian Jing said that many banks now realize the importance of new energy and see the business opportunities hidden in them. Therefore, the difficulty of financing is not so obvious. The biggest problem is that the financing is expensive. The bank does not have preferential treatment because the photovoltaic industry is a green industry, and there is no grading or rating policy.
In the future, for the development of the photovoltaic industry, Qian Jing pointed out that we must start from three aspects: First, we must strengthen the binding force on energy transformation. It is necessary not only to adhere to the general direction of China's energy transition to green, low-carbon, and clean, but more importantly, to apply new energy in practical operations. Second, the urgency of using new energy needs to be strengthened. The current financial, power grid, taxation, and land policies are basically serving thermal power generation or traditional energy sources, and have not formed a more scientific and detailed system for serving new energy development. The third is to cultivate and grow a new format represented by multi-energy complementary system integration optimization and Internet + smart energy engineering.