The photovoltaic industry has performed brilliantly in the new energy field. With the support of a series of policies, the photovoltaic industry has made great progress and achieved great progress. According to statistics, the newly-increased scale of PV has exceeded the new scale of wind power for the second consecutive year. As the industry gradually matures, development challenges also come.
In recent years, with the continuous landing and commissioning of a large number of photovoltaic leaders approved projects, China's photovoltaic industry technology continues to innovate and upgrade. The National Energy Administration issued the Notice on Promoting the Implementation of the “Leader of Photovoltaic Power Generation†Plan and the Requirements for the Construction of the Leading Base in 2017. It is pointed out that the purpose of the “leadership†plan and base construction of photovoltaic power generation is to promote the progress of photovoltaic power generation technology and industrial upgrading. Market application and cost reduction.
China's photovoltaic industry is moving toward the next key turning point, and the market is moving toward high efficiency and high quality. In the future, the industry will accelerate the conversion of technological achievements into market applications, eliminate outdated technologies and production capacity, and make great strides toward the target of affordable electricity for photovoltaic power generation by 2020.
According to the statistics of the China Photovoltaic Industry Association, the newly installed capacity of photovoltaics from January to September 2017 was about 42GW, an increase of nearly 60% over the same period of last year. Among them, distributed installations of 15GW, an increase of more than 300% year-on-year, the rapid development of the photovoltaic industry has provided a strong impetus for China's energy and power structure to achieve a green and low-carbon transformation. At the same time, benefiting from the substantial growth in new installed capacity, the prices of polysilicon and photovoltaic industry chains have remained high, and the performance of the three-quarters of listed companies in the photovoltaic sector has been noticeable.
Under the tone of industrial development, photovoltaic companies are also facing greater opportunities and challenges. As far as the entire industry is concerned, issues such as abandoning light and electricity, problems with government subsidies, technological innovation, and difficulties in financing have become bottlenecks in the development of the industry.
At present, the rate of abandonment of light in China is still relatively high, which not only causes waste of resources, but also brings about development difficulties for enterprises. The level of industrial development in the northwest region is low, and the energy consumption demand is insufficient. The demand for electricity is still “fed and fed†in photovoltaic power plants. Data show that in 2016, the northwestern region abandoned 7.042 billion kilowatt-hours of light and the rate of abandonment was 19.81%. Among them, Xinjiang and Gansu have abandoned the light rate of over 29%. At the same time, the energy demand in the eastern region has been increasing, and distributed photovoltaics and rooftop photovoltaics are on the rise. The construction of photovoltaic power stations is being transferred to the eastern region under the guidance of the demand side. Unbalanced regional development will become a major factor affecting the company’s development planning and strategy.
Photovoltaic power generation in China started late, technology is not perfect, and the cost of electricity is high. In addition, non-technical costs, including land rent, grid-connected costs, labor costs, and financing costs have become issues that cannot be ignored in the industry. The drop in electricity prices brought about by technological advances is not enough to fill these costs. At present, investment in photovoltaics depends to a large extent on government subsidies. From the perspective of the long-term development of the industry, accelerating innovation is still the foundation of the company's development. Technology is the primary productive force, and innovation is the strategic support for the construction of a modern economic system. Only if the technology is hard enough can we stand out in the fierce market and stand up to the test of time before we can become strong and consistently strong. Of course, the timely issuance of subsidies, and the continuous flow of power plant cash flow are very important for the current development of the photovoltaic industry. If the complicated subsidy process can be simplified, it will further ensure the smooth progress of the photovoltaic project and help the development of the company.
The photovoltaic industry has high investment costs, and financing is not easy. Due to the large demand for power station construction funds and the long cycle, the photovoltaic industry has a long period of return, which also causes difficulties in financing the industry, especially distributed power plant projects. The photovoltaic industry must speed up mergers and reorganizations, eliminate inefficient production capacity, increase industry concentration, develop industrialization and marketization, and cultivate leading enterprises with core competitiveness.
The photovoltaic industry will develop in multiple dimensions, cross-industry integration will further advance, achieve integration with industries such as poverty alleviation, agriculture, climate and environment, and further enhance the strength and scalability of the industry. At the same time, based on the sensitivity to policies, the expansion of the photovoltaic industry to the entire industry chain has also become a development trend. With the increase in downstream demand, the upstream industry has also grown with the trend. From the perspective of the industry chain, the demand for photovoltaic power plants continues to grow, and upstream transmission has led to a significant increase in the production capacity of global silicon wafers and battery modules. The extension of the industrial chain will provide support for the sustained and healthy development of China's photovoltaic industry. With the advent of the “Internet Plus†era, the high-precision manufacturing of crystalline silicon, photovoltaic equipment with high conversion efficiency, and photovoltaic micro-grid systems will be key areas for technological innovation and development in the photovoltaic industry in China.
With the technological advancement in the future, the deep integration of energy storage technology and photovoltaic technology, the construction of power transmission and distribution systems, the reduction in the cost of photovoltaic electricity, and the reduction in the rate of abandoned light, the profitability of power generation companies is expected to increase, and the dependence on government subsidies will also be reduced. . According to the forecast of the European JRC, by 2030, renewable energy will account for more than 30% of the total energy structure, and solar photovoltaic power generation will account for more than 10% of the world's total electricity supply. The strategic position of the energy industry in the photovoltaic industry continues to increase. The industry is expected to become an important energy support. Let us wait and see.
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