Exploring the Growth Secrets of the Photovoltaic Industry

With a strong start from scratch, and the shift from following to leading, China's photovoltaic industry has achieved a leapfrog development in recent years. The degree of domestication in the key links has been greatly improved, and it has become an export growth point with high technology, high added value, and leading green transformation. In the first three quarters of last year, the production of silicon materials, wafers, cells, and modules in China increased by more than 70% compared with the same period of the previous year, and the total output value of the industry exceeded 1.2 trillion yuan. So, how can the photovoltaic industry forge its competitive advantages further? What is the future growth space? Here are the four characteristics of the development of the photovoltaic instudry.

Quality first, high-end capacity is still in short supply. The test of low prices makes cost advantages highly competitive. Pollution reduction and energy conservation are what the green industry strives for. Looking ahead, there is still significant room for industry growth.

With the promotion of the continuous reduction in the cost of photovoltaic power generation and the development of the global green economy, the global installed capacity of new photovoltaic will continue to increase steadily. The path to reduce costs and increase efficiency in the industry, and the core competitiveness of enterprises, will depend more on technological innovation and manufacturing advantages.