Photovoltaic industry

The photovoltaic industry, abbreviated as PV (photovoltaic). 76% of China's territory has abundant sunlight, and the distribution of solar energy resources is relatively uniform; Compared with hydropower, wind power, nuclear power, etc., solar power generation has no emissions or noise, mature application technology, and is safe and reliable.

In addition to large-scale grid connected power generation and off grid applications, solar energy can also be stored through various methods such as pumping, superconductivity, batteries, hydrogen production, etc. The combination of solar energy and storage can almost meet China's stable energy needs in the future. Solar energy is the cleanest, safest, and reliable energy source in the future. Developed countries are making the development and utilization of solar energy a major part of their long-term plans for the energy revolution. The photovoltaic industry is increasingly becoming another explosive development industry internationally, following the IT and microelectronics industries. The best way to utilize solar energy is through photovoltaic conversion, which utilizes the photovoltaic effect to directly generate electricity by shining sunlight onto silicon materials. The photovoltaic conversion industry chain formed by the application and development of silicon materials is called the "photovoltaic industry", which includes the production of high-purity polycrystalline silicon raw materials, solar cell production, solar cell module production, and the manufacturing of related production equipment. On August 19, 2015, the Ministry of Industry and Information Technology released data showing that China's photovoltaic industry increased by 30% year-on-year in the first half of the year. At the same time, product prices have remained stable with an increase, and business operations have generally improved. The top four domestic polysilicon companies have achieved full production, and the average gross profit margin of the top 10 component companies exceeds 15%. The average net profit margin of the 29 component companies listed in the photovoltaic manufacturing industry standard announcement has increased by 6.5 percentage points year-on-year.