Urgent review of China's PV market launch

1. The global photovoltaic market continues to maintain its high growth momentum

In 2009, the global installed capacity of new photovoltaic power was close to 5,800 MW, a growth rate of 46.6%, and the market continued to maintain a high-speed growth trend. Among them, in recent years, due to the continued tight supply of upstream silicon materials, the production cost of crystalline silicon solar cells has further increased pressure, and thin-film solar cells (including α-Si, μc-Si, CdTe, CIGS and other technologies) through the battery conversion efficiency further The cost advantage of upgrading and large-scale production has steadily increased in the market.

Judging from the installed capacity of each country, Germany’s newly-added photovoltaic installed capacity reached 3,000 MW, ranking first in the world, and its global market share further increased from 41.1% in 2008 to 51.7%. This is mainly due to the apparent slowdown in the Spanish market, which experienced the largest growth rate in 2008. Spain reduced the subsidies for photovoltaic installations in 2009, which led to a rapid drop in new installed PV capacity in 2009 from 2500 MW in 2008 to only 60 MW.

2. China's PV industry scale leads the world

In 2009, China's solar cell production reached 3,850 MW, which continued to exceed the average growth rate of solar cell production in the world, with a growth rate of 93%.

3. Chinese PV companies are mainly concentrated in the middle and lower reaches of the industrial chain

China's solar cell industry is mainly concentrated in the middle and lower reaches of the industrial chain, and the competition is becoming increasingly fierce. By the end of 2008, there were 37 polycrystalline silicon raw material production plants, 143 silicon ingot/silicon rod production plants, 138 silicon wafer production plants, 357 solar cell module production plants, and thousands of solar energy application product production plants. Among them, the more downstream (component production, solar energy application products) competition is fiercer, which is mainly due to the low investment in production of downstream products, short construction period, low technical and financial barriers, and the proximity to the market, thus attracting a large number of enterprises.

At present, China's solar cell market is mainly controlled by several manufacturing companies such as Wuxi Suntech, Nanjing Zhongdian, Tianwei Yingli and Changzhou Tianhe, among which Suntech has become one of the world's leading solar cell manufacturers. These enterprises have relatively advanced production technologies, large production scale, stable product quality, and can guarantee the supply of upstream raw materials and have strong competitiveness. In addition, most of them have been listed at home and abroad. Through continuous improvement of financing channels, they can expand the company's production scale and improve the competitiveness of its products. Among them, a few companies such as Suntech Wuxi and Tianwei Yingli also set foot in the upstream industrial chain and vertically integrated upstream and downstream resources, effectively improving their competitiveness.

4. The explosive growth of new PV installations in China

In 2009, under the promotion of a series of subsidy policies, China's photovoltaic installations have experienced explosive growth. In 2009, the installed capacity of new photovoltaics reached 120MW, which is the same as the accumulated installations over the past years. At present, China's photovoltaic power generation market is mainly concentrated in communications and industrial applications, rural and remote area applications, photovoltaic grid-connected power generation systems, and solar energy products.

5. The future photovoltaic industry will develop in the direction of low cost and low manufacturing energy consumption

From the perspective of the future development trend of the photovoltaic industry, first, crystalline silicon solar cells continue to pursue cost reduction and manufacturing energy consumption. A new generation of polysilicon process technology research, high-efficiency, thin and large area of ​​silicon wafers, semi-automation and automation of production equipment, intelligent transition and other aspects of process technology and equipment will help reduce the cost of solar cells and manufacturing energy Consumption;

Second, new generations of new solar cells based on new materials, new structures and new processes will continue to emerge. Focusing on reducing production costs, reducing energy consumption, improving photoelectric conversion efficiency, and increasing the proportion of energy regeneration, new types of solar cells such as quantum dot solar cells, quantum well solar cells, dye-sensitized cells, thermo-photovoltaic cells, and organic thin-film solar cells are being developed. Emerged.