Photovoltaic Hermes Net Technology Accelerates to Go to Sea!

At present, the global photovoltaic industry is setting off a new upsurge of going to sea.

As a leading enterprise in the field of photovoltaic environmental protection equipment, Suzhou Shijing Technology Co., Ltd. (Hereinafter referred to as "Shijing Technology") closely follows the development trend of the global photovoltaic industry and accelerates the strategic layout of overseas markets.

Shijing Technology selected the Latin American market as the first stop to go to sea. On October 28, 2024, the official of Shijing Science and Technology announced that its wholly-owned subsidiary, Anhui Shijing Solar Energy Technology Co., Ltd., would build a photovoltaic cell project in Mexico to produce high-efficiency cell products, which is expected to be put into production in 2025.

It is worth noting that the project has also received strong support from relevant Mexican government departments and preferential policies on resource allocation and infrastructure.

In addition, Mexico's IMMEX tax incentive program allows foreign manufacturers to import raw materials and components to Mexico duty-free and export finished products to countries or regions outside Mexico within a specified time.

For battery factories, the plan enables them to enjoy lower import tariffs and value-added tax, effectively reducing production costs.

Only one day later, Shijing Technology announced that it would extend its business territory to the Middle East. On October 29, 2024, Anhui Shijing Solar Energy Technology Co., Ltd. signed a memorandum of understanding with China Building Material International Middle East and North Africa Company, and the two sides reached cooperation on photovoltaic projects in Dubai , United Arab Emirates.

Shijing Technologies said it would provide industry-leading N-type photovoltaic products for local distributed photovoltaic roofs , and strengthen exchanges and cooperation with the Middle East through cooperation to jointly promote the development of new energy.

In addition, in the layout of Latin America and the Middle East market, Shijing Technology is also constantly tapping new market opportunities.