According to statistics from the International Energy Agency, as of the end of 2022, the global cumulative installed photovoltaic capacity exceeded 1,183 GW, 65% of which was added from 2018 to 2022. In this energy revolution, China's photovoltaic industry, represented by cell and module production, is constantly looking for greater development space.
With the introduction of a series of subsidy policies in overseas markets at the beginning of this century, the scale of China's photovoltaic industry has expanded rapidly. Subsequently, key factors such as the global economic crisis, overseas market policy adjustments, domestic regulations to support industry development, and the proposal of "dual carbon" goals promoted the sustainable development of the industry. Step by step, China's photovoltaic industry has achieved global leadership, accounting for more than 80% of the world's production capacity in key links such as cells and modules.
From a market perspective, the development of China's photovoltaic industry can be roughly divided into two stages. Before 2013, the driving force for industry development mainly came from overseas markets represented by Europe and the United States. In 2004, Germany proposed increasing subsidies for the photovoltaic industry. The European market's demand for photovoltaic modules has grown rapidly. China's low-cost and high-efficiency manufacturing industry has become an important force in undertaking this demand.
My country's photovoltaic industry has gone from passively adapting to overseas subsidy policies and being highly dependent on European and American markets to proactively conducting differentiated operations and expanding global markets. This is not only a change in business thinking, but also a change in the competitiveness of the entire industry. Nowadays, photovoltaic energy can compete with traditional energy on the same stage.
