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Market Prospects and Opportunities for China’s Photovoltaic Industry during the 14th Five-Year Plan

It is mentioned in China’s 14th Five-Year Plan and the 2035 long-term goal proposal/outline that focusing on key areas such as photovoltaics, formulate an overall picture of the industrial chain, make up for the shortcomings of the industrial chain and supply chain, forge the long board of the industrial chain and supply chain, and improve the overall competitive advantage of the industrial chain. Vigorously develop wind power and photovoltaics and increase the proportion of clean energy.

solar 太阳能 (1)

By 2030, the total installed capacity of wind power and solar power will reach 4 goals, including more than 1.2 billion kilowatts. This goal fully demonstrates China’s strength and determination to actively address climate change. By 2030, the target of wind power and solar power installed capacity is close to three times the current scale, which is equivalent to the current installed capacity of all power generation in the United States and exceeds the current installed capacity of wind power and photovoltaics in the world. This means that my country’s wind power and solar power generation will continue to achieve sustained and rapid development in the next ten years on the basis of the rapid development in the past.

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According to preliminary calculations, the GDP in the first half of the year was 53,216.7 billion yuan, a year-on-year increase of 12.7% at comparable prices, 5.6 percentage points lower than that of the first quarter; the average growth rate for the two years was 5.3%, and the average growth rate for the two years was 0.3 percentage points higher than that of the first quarter. The full name of the installed capacity is “installed capacity of power plants”, and the installed capacity of photovoltaic power generation refers to the sum of photovoltaic power generation power. According to the collected data, my country’s photovoltaic power generation installed capacity will reach 253.43 million kilowatts in 2020, and my country’s photovoltaic power generation installed capacity will reach 263.58 million kilowatts from January to May 2021, a year-on-year increase of 24.7%.

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This is an opportunity for us, Multifit Technology Co., Ltd. We need to seize the policy opportunity of carbon peaking and carbon neutrality. With more than 10 years of precipitation in the photovoltaic industry, to actively promote the development of the smart photovoltaic industry, strengthen the research and development and production of high-efficiency Inverters, the Photovoltaic Cleaning Equipment, the Solar lights, the Solar Portable Systems, and other Photovoltaic module products. Introduced production concepts, and actively develop photovoltaic supporting industries, forming a leading enterprise with photovoltaic manufacturing innovation center as the core.

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Post time: May-17-2022

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