Ten Years Of Technological Innovation: The Rise Of China’S Photovoltaic Industry

In the past decade, with the continuous innovation and reform of the technical route, many new energy enterprises have grown from obscurity to industry leaders. Among them, the performance of photovoltaic industry is particularly good.

From 2013 to 2017, China's photovoltaic market broke out in an all-round way. The production of silicon and cell photovoltaic components continued to increase, with an average annual growth rate of nearly 50%, and the technology of the whole industry chain began to iterate rapidly.

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In December 2018, the first affordable on grid photovoltaic power generation project in China, was officially connected to the grid for power generation. The average on grid power price was 0.316 yuan / KWH, nearly 1 cent lower than the local coal-fired power benchmark price (0.3247 yuan / KWH). This is also the first time that the photovoltaic power price is lower than the coal-fired power benchmark price.

In 2019, the world photovoltaic industry has officially entered the "China era".

The preparation of silicon material is the starting point of the photovoltaic industry chain with high technical barriers. At present, most of the silicon material production capacity in the world is concentrated in China. In 2021, China will achieve an annual output of 505,000 tons of polycrystalline silicon, with a year-on-year increase of 27.5%, accounting for about 80% of the global total output, becoming the world's major producer of polycrystalline silicon.

In addition, China is one of the most important exporters of photovoltaic modules. In 2021, China's total export of components reached 88.8GW, a year-on-year increase of 35.3%. It can be seen that China's photovoltaic industry chain plays an increasingly important role in the world industry chain.

In the past ten years, China's new energy enterprises have made obvious breakthroughs. They have the largest monocrystalline silicon manufacturer and the largest integrated enterprise of silicon wafers, cell sheets and modules in the world, and a large number of high-quality enterprises have been born in the photovoltaic field.

Ten years of technological innovation

Post time: Aug-31-2022