Industry News

Cost reduction and efficiency improvement and technological innovation are the theme of the development of the domestic photovoltaic industry. Photovoltaic enterprises compete to offer more efficient battery products. Improving conversion efficiency will still be the main direction of the upstream and downstream photovoltaic industry chain.

The reports say China's solar energy appears to be one of the export bright spots for the world's second-largest economy. European has a big demand for solar panels due to the high electric prices. Especially, after the Russia and Ukraine war. According to the International Energy Agency, China accounts for more than 80% of all stages of solar panel manufacturing.

Five years ago, the Center for Strategic and International Studies in Washington published an article titled "The East Is Green" about "China's global renewable energy leadership." The US think tank noted that China was already "the world's largest producer of wind and solar electricity".

According to the latest market report, the solar photovoltaic glass market size is expected to grow from USD 6.2 billion in 2022 to USD 21.1 billion in 2027, representing a CAGR of 27.9%. During the forecast period, Asia Pacific is expected to have the largest market size in the global solar photovoltaic glass industry. AR coated solar photovoltaic glass holds the largest share in the global solar photovoltaic glass market during the forecast period. Especially in China. According to the International Energy Agency, the Asia-Pacific region has a 90% share of solar module manufacturing, and China alone accounts for 74% of the global manufacturing capacity. These glass are mainly used in solar modules, so the glass demand in this region is the highest.

Solar cells work very differently from typical outdoor use, where light intensities are typically several orders of magnitude higher. For this reason, conventional PV technologies, such as C-SI, are not suitable for these applications. Perovskite with adjustable bandgap and good photoelectric properties proved to be ideal for low light use with excellent performance parameters

Compared with last year, the new energy established in Spain will increase by 25%, when it emerged as a technology to maximize its potential. According to the current forecast, compared with 4800 installed in 2021, this will reach 6000 MW (including surface power plants and self use).

In the future, TOPCon cells will also be better used in large-scale industrial production, and will gradually replace the current PERC cells; in terms of efficiency, they will gradually approach the theoretical limit of silicon-based solar cells. In addition, the full-area passivation of TOPCon cells can also be well combined with perovskite cells to form tandem cells, which will become an important way to improve the efficiency of solar cells in the future.