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April 01, 2022

Current situation of solar photovoltaic industry in China

The development of new energy is an inevitable choice to accelerate the construction of a new energy system and achieve future sustainable development. At present, China has a relatively complete new energy industry chain system, wind power, photovoltaic power generation has entered a new stage of affordable, subsidy-free, market-oriented development. Solar photovoltaic industry as a green, clean, renewable energy, will play an increasingly important role in the future energy system.


In the first quarter of 2022, with the implementation of various policy measures to stabilize growth, stabilize employment and stabilize prices, industrial production steadily recovered, the growth rate of manufacturing industry accelerated, and the support of equipment manufacturing industry was obvious. Data from the National Bureau of Statistics show that from the product point of view, solar cell (photovoltaic cell) production increased by 53.2% year-on-year.


Under the two-wheel drive of policy and market, China's solar photovoltaic industry maintains rapid growth, and the market demand for solar cells is increasingly strong. Industry insiders expect that China's photovoltaic industry is expected to continue to maintain a high growth trend this year, the manufacturing end of the expansion project will achieve multi-point flowering, investment subjects tend to diversified development.


The application of solar photovoltaic technology can be traced back to the early 1950s, but it is only in recent years that the solar photovoltaic industry has been rapidly developed. At present, solar photovoltaic has become one of the world's most important renewable energy sources.


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