The photovoltaic industry is crossing a new cycle

2024-08-01

At present, China's photovoltaic industry is in a critical period of transition between the best and worst, breaking free from the cocoon and becoming a butterfly in pain. What the industry is experiencing is not the cyclical iteration of the past three to five years, but a rehearsal before the arrival of the photovoltaic big change On June 13th, the 17th International Solar Photovoltaic and Smart Energy Exhibition (SNEC2024) officially kicked off in Shanghai, and Zhu Gongshan, Chairman of GCL Group, pointed out at the meeting.

In the first quarter of this year, China's photovoltaic manufacturing sector continued to maintain a growth trend, and the development of the photovoltaic application market exceeded expectations. However, while the production capacity is rapidly expanding and industrial technology is upgrading and iterating, it has also brought about changes in the supply and demand pattern, and the photovoltaic industry is crossing a new cycle.