Broad market prospects China's photovoltaic industry ushered in a business cycle

20-10-2020

Experts said that in the past ten years, benefiting from the rapid development of photovoltaic technology, the cost of electricity per kilowatt-hour has been greatly reduced, and the "parity photovoltaic era" has come. So far, photovoltaic energy has the necessary conditions to become one of the core power sources and compete for the future development of the global low-carbon economy.


In the long-term context of increasingly severe oil resources and global attention to the development of a low-carbon economy, Chinese photovoltaic equipment that can achieve full industrial chain coverage is not only in the forefront of core technologies, but also in cost control and industrial scale in the international market. Higher competitive advantage. Chinese photovoltaic companies are ushering in the "business cycle" of the entire industry and are expected to receive the largest share of dividends in this "best time".


It is a global trend to seek alternative renewable energy power generation. Compared with clean energy sources such as hydropower and nuclear power, photovoltaic power generation has been valued by countries all over the world due to its easy deployment, high safety, and decreasing cost per kilowatt-hour, and has become an indispensable part of changing the existing power pattern.

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