The development status and prospects of solar photovoltaic industry in China

First, find the right direction.

The current situation of this industry in China is the same as other industries, the basic products are strong, but the high-tech products are relatively weak compared with foreign countries.

For example, China's production capacity of photovoltaic panels has long reached the world's first, but the profit margin of this product is already very low. First Solar, which is also a company that makes battery panels, makes thin-film batteries, and has always maintained a global leader in this technology, so the company's development has been very high.

At present, the highly profitable areas of the photovoltaic sector have shifted to integrated systems and additional equipment.

Second, policy guidance plays a decisive role in the development of the industry and stages.

Because the current cost of photovoltaic power generation is higher than that of other power generation, whether international or domestic, policy guidance has played a role in the development of the industry. Abroad, especially in Europe, this is how the development of the first decade came about; In August 2011, China issued a guide price for grid-connected PV power generation, and has set guidelines for PV development in both national and local policies, which has paved the way for PV development.

3. At present, the influence of the industry and the ability to utilize resources determine profitability.

At present, the best projects at all levels are basically given to well-known companies in the industry, and whether to get the best subsidies is still the most critical factor for most domestic projects.

China's population is large, resources are seriously scarce, solar energy is one of the new energy, and the development prospects will be better and better.

The outlook should be good, but the general environment is not good, and the current situation does not seem to be good.

The status quo is not good, the prospects need to be created by talents, and they need to be improved.

At present, Germany in Europe and Japan in Asia have the fastest development of solar photovoltaic, and in the past few years, Germany's policy has been good, and it has vigorously supported the construction of grid-connected photovoltaic power stations, and now it has gradually reduced its support. China's support for photovoltaic power plants is not enough.

The reason why photovoltaic power generation has not been carried out on a large scale is because the cost is too high, and the power generation efficiency has not reached a level that can compete with thermal power and wind power, but the cost of photovoltaic power is falling rapidly. If China's country can increase some support, China's photovoltaic power station will develop rapidly.

The status quo is that the cost is high, the subsidies are reduced, and the situation is awkward.

The trend is towards a shift towards building integration and micro-distributed generation.

Major listed companies in the industry:LONGi Green Energy (601012), JA Solar (002459), Trina Solar (688599), Tongwei (600438), GCL Integration (002506), etc.

Photovoltaic power generation has grown explosively

Although China's solar photovoltaic industry started late, but the rapid development, especially since 2013, driven by the national and regional policies, solar photovoltaic power generation in China has shown explosive growth, according to the National Energy Administration statistics show that in 2017, China's new installed capacity of photovoltaic power generation is, a record high, in 2018, affected by the photovoltaic 531 new deal, the new photovoltaic power generation projects around the country have declined, the annual new installed capacity is, down 17% year-on-year. Affected by national subsidies and financial support for the photovoltaic industry, the installed capacity of photovoltaic will rebound sharply in 2020 and 2021. In 2020, China's new PV capacity was installed, a year-on-year increase of 59%.

In 2021, China's new PV installed capacity reached a new high, reaching a year-on-year increase of 14%.

According to the statistics of the National Energy Administration, since 2013, the cumulative installed capacity of photovoltaic power generation in China has grown rapidly. In 2013, the cumulative installed capacity of photovoltaic power generation in the country was only, and by 2019 it has increased to. From 2013 to 2019, the cumulative installed capacity of photovoltaic power generation in China has increased by more than 10 times.

As of 2021, the cumulative installed capacity of photovoltaic power generation in the country has increased by 21% year-on-year.

The proportion of photovoltaic power generation in the whole society's electricity consumption is increasing year by year

With the continuous improvement of the urbanization rate and the electrification level of urban and rural residents, as well as the new round of rural power grid transformation and upgrading, and the vigorous promotion of "coal to electricity" for residential heating, especially under the effect of temperature factors, the rapid growth of heating load in winter and cooling load in summer has driven the rapid growth of electricity consumption of urban and rural residents. As a kind of renewable clean energy, with the continuous improvement of China's electricity consumption, the demand for power generation will also continue to grow, and the demand for photovoltaic power generation will gradually expand. From 2014 to 2022, the proportion of China's photovoltaic power generation in the whole society's electricity consumption has increased year by year, reaching the proportion in 2021 and the first three quarters of 2022.

In the future, photovoltaic power generation is expected to become one of the important engines to promote China's energy transformation.

Global Hunger China's installed PV capacity is growing**

According to the "Roadmap for the Development of China's Photovoltaic Industry (2022-2023)", in 2022, the preliminary statistics of new global photovoltaic installed capacity will reach 230GW; Among them, the new installed capacity of domestic photovoltaics increased year-on-year. In 2023, the world's new PV installed capacity will be between 280-330GW, and China's new PV installed capacity will be between 95-120GW; By 2030, the world's new PV capacity will be between 436-516GW, and China's new PV capacity will be between 120-140GW.