PVTIME - Dehui Solar, one of the biggest PV manufacturers in Vietnam,
announced its strategic shift to focus on the US solar market over the next
three years, with plans to target utility-scale buyers by embracing bifacial
technology.
Dehui Solar eyes to triple its business
with the US in the space of three years, using its subsidiary in the country to
take shipments from 1 GW in 2020 to 2GW in 2021 and 3GW in 2022.
Founded in 2017, Dehui Solar has, in recent
years, pivoted from European to US clients. European shipments dropped from
200MW in 2018 – 92MW to Germany, 65MW to the Netherlands, and 51MW to Spain –
to 50MW in 2019.
US sales have jumped in recent years,
reaching an estimated 300MW in 2019. Dehui plans to retain the market focus
through dedicated service via its US subsidiary – based in Delaware – and a
presence at solar trade shows in the country.
Hui Huang, CEO of Dehui Solar, said:"
As of 2019, Dehui has reached 1.5GW and 2GW in combined cell and module
capacity, respectively. We are also planning to scale up production majorly.
The company currently runs 250,000 square feet split across five production
lines but has set aside a further one million square feet land to host
factories in the future."
Going forward, Dehui will offer solar
buyers its Max and BiMax product lines, respectively mono- and bifacial modules
incorporating 166mm x 166mm (M6), mono PERC, half-cut cells with 9BB. The
modules' reported efficiency of 22.5% is believed to be the highest among
Vietnamese makers.
Mofe Stallings, Dehui Solar's USA General
Manager, underlined the central role the firm assigns to bifacial as it looks
to expand its focus of past years – residential and commercial distribution –
to also encompass utility-scale projects in the US.
"Now we transition to also serve the
utility solar sector in the US, including reserving at least 45% of our module
capacity for bifacial projects," Stallings said. "We are confident
that Dehui Solar will be of service to a good share of the US market in 2020
and beyond."
"We will also enter into the project development and battery energy storage solutions segments, to form a dependable renewable energy company with vertical solutions," Mofe added.
