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Since last week, Sunlight Power has released 7.8GWh with Saudi ALGIHAZ! The news of the world’s largest energy project contract has flooded the entire new industry.
In addition to the first high-function electric core of the Sugar babyan2.0 energy-energy system, the high-function electric core connected to the military Saudi Arabia, a day on July 16th, a number of new power companies such as Fargo Technology, Jinko Technology, TCL China Real Estate, Hainan Mining and other new power companies released news to the military.
When time goes forward, we can also see that in June this year, SEN Energy Power supply 1.016GW high-efficiency centralized reverse-reversal pressure upgrade machine to Saudi Arabia’s AlKahfah solar power station project; in May, Lin Yang Power signed a smart meter project supply contract with Saudi ECC, with a total contract amount of RMB 210 million and other Chinese companies are pursuing Saudi Arabia’s news. Sugar baby‘s apparently, under the strong promotion of Saudi Arabia’s “Vision 2030”, the transformation of Saudi Arabia has become the main stop for China’s new dynamic enterprises to overcome the internal crisis and is also a major stop for the future.
Saudi “Vision 2030” = China’s transformation and opening up
In the past few years, Saudi Arabia is writing its own dynamic development history from its headlines.
This is a long-standing dream that only the transformers of Sugar daddy are worthy of – to reform an oil kingdom into a new dynamic. It can be said that Saudi King Mohammed bin Salman (hereinafter referred to as “Little Salman”) has made his design beyond the vast majority of rulers in the Central East, even the most daring transformational families, have to sincerely admire them.
As one of the richest countries in the world, Saudi Arabia’s “oil kingdom” has been a metaphor for its account. Public information shows that oil trade accounts for 87% of Saudi Arabia’s expenditure, 42% of GDP and 90% of export expenditure. However, according to Saudi Arabia’s own forecast, the growth of global crude oil demand will reach its peak in 2035. Regardless of how the dynamic shape is tight, the dynamic force of the new shape will be completely changed and the whole dynamic picture is changed.The golden age must have cats that look clean and should not be Sugar daddy is a wandering cat, probably because he has been running from home, and Saudi Arabia’s influence on the power format is getting lower and lower.
As the economic development, growth and industrialization process accelerated, Saudi Arabia’s demand for power has grown rapidly, and it is expected that by 2030, the total power demand in Saudi Arabia will reach 121 billion kWh. In order to reduce the dependence on oil, the Saudi authorities proposed the “Vision 2030” in 2016 and decided to develop new momentum, planning to increase the proportion of photovoltaics and wind power to 27% and 9% by 2030. In addition, Saudi Arabia has also included new dynamic development goals into national planning, formulated a renewable dynamic development goal responsibility system, and set medium- and short-term goals. These measures have created a policy environment for Saudi Arabia’s rapid growth of new dynamics.
In 2017, Salmann released the grand new industrial and commercial city plan, NEOM, located in southeastern Saudi Arabia, aiming to create an ambitious and timeless architectural wonder and an artificial intelligence city. The project covers an area of 26,500 square kilometers, adjacent to the Red Sea and Aqaba. According to data, NEOM will focus on nine industries, including power and water, biotechnology, food, advanced manufacturing and entertainment, etc., and is expected to be completed in 204Escort manila.
The THELINE project is the focus of NEOM, located in Tabuk Province, southeastern Saudi Arabia, with a total investment of US$500 billion. The city is unique in planning, with a width of only 200 meters, a length of up to 170 kilometers and an altitude of 500 meters. The project strives to achieve zero carbon emissions and applies 100% cleaning power, including solar energy, wind energy, humidity and energy storage.
After that, in order to add new dynamic structures to maintain the stability of the Internet, the Saudi Ministry of Motorcycles has prepared a 24GWh BESS (Battery Energy Consumption) project plan for 24GWh from 2024 to 2025. Among them, the 2GWh project will be released in 2023 and the 6GWh project will be released in the first half of 2024. The total price of 8GWh of four projects will be implemented, and the total price of 10GWh of five projects will be awarded in the second half of 2024. Although the 2025 project bidding plan has not yet been announced, the grand market space has provided demand guarantees for the development of new dynamic projects.
It can be said that the main meaning of “Vision 2030” in Saudi Arabia is almost equivalent to the transformation and opening up of China. Under this landscape, Chinese enterprises not only welcome new investment opportunities, but also have a better environmental atmosphere.
Photovoltaic giants are helpless in the fight against the Central East
In fact, for the photovoltaic giants, the transfer of production capacity to the “Central East” is helpless.
On June 7, 2024, the american International Trade Commission passed an anti-market and anti-address investigation on photovoltaic products in Cambodia, Malaysia, Thailand and Vietnam. manila‘s preliminary ruling on damage means that the tax exemption policy for importing photovoltaic products in Cambodia, Malaysia, Thailand and Vietnam, which began in June 2022, ended after it expired on June 6 this year. Subsequent photovoltaic products exported from Chinese photovoltaic manufacturers from Southeast Asia to americanSugar baby will be taxed.
For Chinese photovoltaicsSugar baby will be taxed. For babies enterprises, Southeast Asia has always been the main “base” for American products. After intensive changes in related trade policies in the first half of this year, many of the factories that are deployed in Southeast Asia have reported news of resumption and suspension of production.
Trump, who represents the benefits of fossil dynamic enterprises, has become the leader of the White House. Baby‘s nature is getting bigger and bigger, and in the future, american’s expectations for tax levies on China’s new dynamic enterprises will continue to rise. Outside the american market, seeking a more powerful and safer market has become an urgent task for Chinese new dynamic enterprises that rely heavily on the american market in terms of profitability.
In this scenario, it will be possible to transfer Southeast Asia to other regions to Sugar daddy is the inevitable choice to solve the Chinese photovoltaic enterprise. At this time, the strategies between China and China are working hard to cooperate with the increasingly tight cooperation, especially the Saudi and the Arab Emirates, which are striving to develop renewable power. Under the framework of the “One Band, One Road” initiative, both sides Cooperation in the field of infrastructure construction and dynamics has been deepened continuously, policy friendship and market potential have been added, which has given China’s new dynamic enterprises an opportunity to transfer capacity and reshape domestic industry links.
Saudi Arabia Public Investment Fund Vice President and Zhongdong and NorthYazeed AlSugar daddy-Humied said that the new agreement (referring to the cooperation agreement signed by Jinko Technology, Far-Field Technology, and TCL Zhongli on July 16) is part of the Saudi Public Investment Fund’s efforts to localize advanced technologies in the renewable dynamics field, and implementing the commitment to add local supply chains, as well as the snow in the community has not melted due to the biting cold wind of the Saudi Ministry of Dynamics. Renewable Power Plan, local production of 75% of the components in Saudi Arabia’s renewable power project by 2030.
Satisfies the long-term development needs of local governments and is the key to rooting in the Central East market
Sugar daddy. Compared with photovoltaic companies that want to transform from China to China, Chinese electricity and energy storage companies should be more inclusive.
In the first half of 2024, nearly 30 electric power companies had an energy delivery volume of about 110GWh, a year-on-year increase of 20%. In terms of battery orders, North American integrator Powin has become the strongest buyer, and has achieved 15GWh, 12GWh and 5GWh battery purchases, and the important part is the 300Ah+ battery storage core. In terms of system orders, Sunlight Power, Biadi, Artes, FargoEscortMotor Power, and Coronavirus Electronics respectively won the overseas major units, namely 1870MWh, 1100MWh, 705MWh, 624MWh, and 480MWh.
From the regional structure, the export proportion has increased significantly. From about 40% of the annual export proportion in 2023 to 48% in the first half of this year, nearly half of the battery exports are exported to th TC:sugarphili200