Kyocera Group of Japan closed its photovoltaic panel factory in Tianjin and purchased it from Chinese manufacturers instead.

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com March 4 news, according to Nippon Keizai Shimbun, Kyocera has closed its photovoltaic panel factory in Tianjin, China.

The factory, which mainly produces industrial photovoltaic panels such as megawatt photovoltaic power stations (large photovoltaic power stations), stopped production in September 2022 and changed to a mode of purchasing from Chinese manufacturers, the report said. As a result, Kyocera's photovoltaic panel production base is only the Japanese Shiga Noju factory (located in Nozhou City, Shiga Prefecture).

According to the data of the Ministry of Industry and Information Technology, the output of each link of China's photovoltaic industry chain reached a new high in 2022, and the total output value of the industry exceeded 1.4 trillion yuan. For the whole year, the export of photovoltaic products exceeded 51.2 billion US dollars (currently about 353.792 billion yuan), and the export of photovoltaic modules exceeded 153GW, effectively supporting the growth of domestic and foreign photovoltaic markets and global demand for new energy.

According to the Nippon Keizai Shimbun, competition between Kyocera and Chinese companies in photovoltaic panels is so fierce that it will specialize in residential products that are easier to ensure profitability. and committed to high value-added areas of the combination of batteries and energy management systems.

According to CTOnews.com, Japan's Toshiba Group announced in February that it would withdraw from the residential solar power business because of deteriorating profits due to fierce competition.