News
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The Costs of Solar and Wind Power Continue to Decline, Renewable Energy to Dominate Future Power Systems
In recent years, the global energy structure has been rapidly transitioning, with solar and wind power emerging as the core of future power systems due to their rapidly declining costs. According to the latest industry analysis, by 2040, renewable energy will dominate the global power generation ...Read more -
Led by Technology, China’s Photovoltaic Industry Continues to “Break Records”
How did China’s photovoltaic industry perform in the first half of this year? Let’s take a look at a set of data: all exceeded 30% – this is the year-on-year growth of the national photovoltaic polysilicon, silicon wafers, batteries, and modules in the first half of the year; th...Read more -
Research Shows: Global Solar Power Generation May Surpass Nuclear This Summer
This summer, global solar power generation is expected to surpass nuclear energy for the first time in history. With the rapid development of flexible power technologies such as energy storage, solar power utilization during peak summer periods is expected to continue improving, further reducing ...Read more -
What Are the Factors Affecting the Safety of Photovoltaic Power Plants?
With the rapid development of the photovoltaic (PV) industry, the installed capacity of PV power plants continues to expand, and safety concerns have drawn increasing attention. The safe operation of PV power plants not only impacts power generation efficiency but also directly affects equipment ...Read more -
The technology for the new and old conversion of photovoltaic cells is presented with an opportunity for iteration
1.N-type TOPCon has become mainstream The accelerated iteration of N-type TOPCon has mainly been recognized by downstream demands. Dongwu Securities pointed out that in the first half of 2024, the domestic component collection bidding capacity was approximately 131.4 gigawatts, among which the b...Read more -
PV Industry Undergoes Cost Structure Overhaul: Auxiliary Materials Overtake as Leading Cost Driver, Triggering Innovation and Industry Reshuffling
Beijing, May 30, 2025 — The photovoltaic (PV) industry is undergoing a significant shift in its cost structure. According to Sinolink Securities at the recent China Photovoltaic Industry Association (CPIA) annual conference, aluminum frames accounted for 14% of total solar module production costs...Read more -
Installation Rate Soared to 100%, Balcony Photovoltaics So Popular
Last year, balcony photovoltaics became popular in Europe, especially in Germany. According to data released by BSW-Solar, the German solar industry association, by the end of 2024, Germany will have added 1.05 million photovoltaic systems, of which 435,000 are balcony photovoltaics. In other wor...Read more -
Global Solar Power Capacity Sees Significant Growth, Ushering in New Opportunities for the Solar Industry
About Beijing Multifit Ecectrical Technology Co., Ltd.Beijing Multifit Ecectrical Technology Co., Ltd. is a leading solar energy enterprise dedicated to providing high-efficiency, eco-friendly solar system products and solar panel cleaning equipment. With outstanding technological innovation and ...Read more -
Chinese companies help many countries build solar energy industry chains
Solar energy has become an important driving force for global energy transformation. Recently, the European Photovoltaic Industry Association released the “Global Solar Energy Market Outlook 2025-2029″ report, pointing out that 2024 is a milestone year for the development of the globa...Read more -
In the 10 trillion yuan market by 2030, China defines new global energy rules
According to the Development Research Center of the State Council, the scale of China’s new energy industry will exceed 10 trillion yuan and create over 12 million job opportunities by 2030. In this process, the integration and innovation of photovoltaics and energy storage will play a key ...Read more -
European International Solar Energy Exhibition- Presenting New Trends in Photovoltaic development
The growth momentum of global solar power generation shows no sign of slowing down at all. Mature markets are experiencing the rapid popularization of photovoltaic power generation (PV). In 2024, the global installed capacity of photovoltaic power reached the milestone of 2 terawatts. The newly a...Read more -
Photovoltaic Production Capacity Overseas Entered a Harvest Period
China’s photovoltaic “going overseas” momentum in 2025 remains unabated, but the wind direction has changed. China’s photovoltaic going overseas has entered the 2.0 era. The “big stick” of trade sanctions from the United States has made it uneconomical for Chi...Read more