Driven by the strong market demand and technological innovation, the world's leading PV product manufacturer – DMEGC Solar’s performance in the first half of 2022 hit a new high. The semi-annual report shows that in 2022 H1, DMEGC Solar business achieved revenue of 5.86 billion yuan, a year-on-year increase of 97.54%; PV product shipments reached a historical high of 4.2GW, module shipments increased by 83.3 % year-on-year.
With the product advantages of high power, high efficiency and high reliability, based on localized marketing, warehousing logistics and technical service systems, the shipments of DMEGC Solar products continued to grow rapidly, cumulative global shipment increased to 26GW, continued to maintain the leading position of European distributed market and global black solar modules. While continuing to deepen the European market, DMEGC Solar also actively expanded other markets such as Japan and South Korea, Australia, South America, Middle East, Southeast Asia, and China.
Continued steady investment and effective output have laid a solid foundation for the rapid growth of DMEGC Solar’s business. After the newly-launched cell and module production capacity are fully operational in 2022 H1, the three major production bases in Hengdian, Sihong and Qixian have achieved leading production capacities of 1.2GW wafers, 10GW cells, and 6.5GW modules. At the same time, DMEGC Solar is actively carrying out product development and mass production layout planning for next-generation solar technology, and has built N-Topcon and P-IBC pilot lines, laying the foundation for the next large-scale introduction of new technologies into mass production.
Technological innovation is the core of the PV industry. DMEGC Solar continues to increase R&D investment and technological innovation, driven by the R&D investment of 460 million yuan, new technologies, new materials and new processes have been quickly and efficiently introduced to commercial mass production. In 2022 H1, the maximum conversion efficiency of DMEGC Solar M6/M10 large-size cells in mass production reached to 24.01%, reaching the industry's highest conversion efficiency of mass production. The new generation of smart modules has obtained the world's first "smart module" certification issued by TÜV SÜD, the new Fire Class-A series, Greenhouse series and EC series modules have fully launched to meet the different demands of global customers.
In 2022 H1, DMEGC Solar received highly recognized from the global financial market and authoritative institutions. The company won the "Top PV Brand" award from EUPD Research for the fifth time; awarded “Top Performer” in PVEL’s 2022 PV Module Reliability Scorecard for two consecutive years; ranked 2nd in Sinovoltaics PV module manufacturer Altman Z-Score ranking
In the future, DMEGC Solar will continue to consolidate the industry-leading integrated production capacity, realize the rapid embedding of technological innovation in all aspects of the industrial chain and steady expansion the new production capacity. Provide more efficient and cost-effective products to global customers, work together to promote the global energy transition and realization of a zero-carbon future.
