The first batch of photovoltaic brackets will be announced

What does the MIIT say about photovoltaic technology in 2022?

In September 2022, the MIIT said that it is necessary to speed up the revision and improvement of the standard system for the photovoltaic industry, and promote the building of public service platforms such as photovoltaic module recycling and carbon footprint verification.

Why did PV module prices fall in 2022?

After several years of tension on material and transport costs, module prices plummeted in a massively over-supplied market, maintaining the competitivity of PV even as electricity prices decreased after historical peaks in 2022. Major trends include:

Why is PV oversupply a problem in 2023?

Oversupply of PV modules in 2023 has shed a light on the difficulties to align production and demand in a very versatile environment: while production capacities increased significantly in China, the global demand was framed by constraints in markets such as the USA, India, Korea, and Australia, not exclusively.

What is the Nea's new solar PV pilot program?

Moreover, in August of 2021 the NEA initiated a new pilot program specifically designed to promote the deployment of distributed solar PV. Accordingly, by the end of 2023, no fewer than 50%, 40%, 30%, 20% of existing government, public, commercial, and rural buildings across 676 counties shall have a solar rooftop system.

How many solar PV companies are there?

The SSE PV Industry Index features 30 companies, whereas the SSE Solar Energy Index features 38. Given these overall industry dynamics, the emergence of dozens of new solar PV manufacturers is hardly a surprise.

Which provinces have issued a provincial solar PV industry development action plan?

In addition to national level policy announcements, provinces like Anhui, Fujian, Shanxi, Yunnan or Guangdong have issued provincial solar PV industry development actions plans. The latest example is the Province of Guangdong releasing the nation’s first provincial level Silicon Energy Industry Development Action Plan 2022-2025.