Suzhou Yonghao Cable Co.,Ltd.
Home> News> Photovoltaic cable market and its development
December 06, 2023

Photovoltaic cable market and its development

Restricted by conventional energy, more and more countries have taken the development of new energy as a top priority, and have formulated various policies to encourage and support the development of new energy. Solar energy because of its clean environmental protection, renewable characteristics have obtained a good opportunity for development, developed countries have developed photovoltaic power generation encouragement policies and huge photovoltaic project plans, for the solar industry to create a huge market space. Cable companies are also trying to find a breakthrough, and photovoltaic cables with high scientific and technological content and adapting to future market demand have gradually become the mainstream.

Due to the fierce competition in the conventional cable market, overcapacity, and price chaos, most cable companies have suffered a decline in profits. The emergence of photovoltaic cables has broken the vicious cycle of the cable market, followed the trend of the development of the cable market, and obtained the recognition and support of cable companies. Photovoltaic Cable has gradually become a hot spot of competition among cable companies and is increasingly sought after by cable companies.

In recent years, the price of photovoltaic power plant systems has begun to decline, but the decline is not as expected. The construction of cost-effective photovoltaic power plants represents the most important goal and core competitiveness of all solar manufacturers. In fact, profitability depends not only on the efficiency or high performance of the solar module itself, but also on a series of components that appear to have no direct relationship with the module.

Usually people do not regard the wiring system connecting photovoltaic modules and inverters as a critical component, but failure to use special cables for solar applications will affect the service life of the entire system.

With the rapid development of new energy cables, more and more cable companies have joined the army to develop photovoltaic cables.

However, photovoltaic cables are different from conventional cables, with high scientific and technological content and strict production environment, and only some high-tech cable companies can produce qualified photovoltaic cables.

Some experts believe that although the development of enterprises and the transfer of research and development direction should be determined by the market. However, due to the development of the photovoltaic industry there are still many places that need to be improved, enterprises can not only focus on immediate interests and blind investment. Otherwise, not only the profit of the enterprise is not much, but also conducive to the healthy and orderly development of the photovoltaic cable industry.

In terms of the current development status and trend of the industry, the overall layout of cable companies is crucial. Enterprises should increase investment in research and development of high-tech and high value-added products, gradually adjust the product structure, increase investment in research and development of special wire and cable, and gradually upgrade the product to the ranks of high-end cable products.


`6


Share to:

LET'S GET IN TOUCH

We will contact you immediately

Fill in more information so that we can get in touch with you faster

Privacy statement: Your privacy is very important to Us. Our company promises not to disclose your personal information to any external company with out your explicit permission.

Send