The photovoltaic industry continues to boom

Data released by the Ministry of Industry and Information Technology showed that the output of all links of the photovoltaic industry chain reached a record high in 2022. The output of polysilicon, silicon wafers, cells and modules in China reached 827,000 tons, 357GW, 318GW and 288.7GW, respectively, with year-on-year growth of more than 55%. The total output value of the industry exceeded 1.4 trillion yuan.
Recently, in the 2023 China International Clean Energy Expo, sponsored by the China Photovoltaic Industry Association “2023 photovoltaic industry development Investment and financing Forum”, the deputy secretary-general of the China Photovoltaic Industry Association said that in January and February this year, the new photovoltaic installed capacity reached a new high, the new installed capacity exceeded 20GW. He said that PV has become the third largest installed capacity after hydropower and thermal power. This year, the newly installed capacity of PV in China will exceed 87GW, and according to the forecast of the industry association, it is expected to be between 100GW and 120GW.
In fact, since the goal of “reaching carbon peak & carbon neutralization” is proposed, new energy industry achieves rapid development, the financing environment of our country photovoltaic industry also improves significantly, and diversified financing channels and financing methods help the photovoltaic industry take off, to provide strong financial support for the photovoltaic industry.
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