Strong market demand has made solar power one of the most prominently grown industries in recent years. Over a period of time, the capacity of all aspects of solar production has continued to increase, especially for rapidly expanding solar cells.
In an interview with Securities Daily, many industry experts said that as the global carbon neutral trend accelerates, traditional companies as well as the solar industry are pouring cross-border capital. However, with the increasing expansion of production capacity, the end of production and the end of product are becoming the same, indicating that the photovoltaic industry is increasingly competitive, and opportunities and challenges will coexist in the future.
Rapid expansion of battery production capacity
Photovoltaic power generation is rapidly developing under the broad consensus of energy saving and carbon reduction. According to the China Solar Industry Association, there will be more than 480 solar expansion projects planned in China from early 2021 to November 2022. According to the target of the 2023 National Work Conference held on December 30, 2022, the installed capacity of wind power in our country will reach about 430 million kilowatts in 2023, and the installed capacity of photovoltaic power generation will reach about 490 million kilowatts. will reach The total will reach 160 million kilowatts.
In the context of “double carbon”, the share of passive energy consumption, such as solar power, increases, the cost of technological innovation decreases, and the economic benefits of solar power continue to improve, with high certainty. The increase in demand for installed capacity is relatively high.” Some officials in the photovoltaic industry said in an interview with reporters from the Securities Daily that the prospects and benefits of solar cell and module investment are better than this effect. Demand also creates opportunities for new investors.
The "Seoul Daily" reporter compiled public information, and in the past month, many listed companies have announced new investments and expansion plans. On January 9, 2023, Shijing Technology announced that it plans to invest less than 11.2 billion yuan in the construction of a 24GW high-performance N-type monocrystalline TOPCon solar cell project in Ninguo, Anhui Province. Aowei Communication, originally engaged in the production of telecommunication equipment, also announced on January 2, 2023 that it plans to establish a joint venture with Entropy (Shanghai) Energy Technology Co., Ltd. to invest in the construction of five. GW high-performance HJT solar cell projects and modules to form a sample of major sectors in the military and photovoltaic industry. On December 26, 2022, Hitech New Energy announced plans to increase investment in its subsidiary Tangshan Xingtai Photovoltaic Equipment Manufacturing Co., Ltd. by RMB 190 million for the construction of a 2GW solar module manufacturing project.
Comments are closed