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WBS SOLAR PUMP - - The photovoltaic market is expected to welcome recovery growth

WBS SOLAR PUMP - - The photovoltaic market is expected to welcome recovery growth

Sep 12,2020

Driven by projects such as bidding and parity, the domestic photovoltaic market will achieve recovery growth, and the fourth quarter is expected to usher in a climax of installation.


In the first half of this year, the operating performance of listed companies in the photovoltaic sector is gradually improving. Among the 162 related listed companies, 85 companies achieved year-on-year growth in net profit in the first half of this year, accounting for more than 50%.


This year's third quarterly report performance forecasts. Up to now, 17 companies have taken the lead in disclosing the 2020 third quarterly report performance forecasts. There are a total of 10 companies with good performance, accounting for nearly 60%.


The photovoltaic industry has entered a stage of development in recent years, and achieving parity on the grid is the core reason for increasing demand. The concentration of the photovoltaic industry has been significantly improved, and some competitive industry leaders have emerged. In the medium term, the photovoltaic industry will continue to develop rapidly. As the domestic production capacity of modules and silicon wafers has accounted for 2/3 of the world, other sub-sectors of photovoltaics also have room for further integration and improvement.


In 2020, non-fossil energy will account for 15% of primary energy consumption. The draft at the end of November may increase this proportion to a median of 17.5% between 2020 and 2030. The annual demand of the photovoltaic industry may reach 55GW-60GW. This year is also an inflection point of demand.


Globally, renewable energy power generation is expected to become the largest energy carrier. According to IRENA's calculation and analysis, it is estimated that by 2050, the proportion of renewable energy in power generation will increase to 86%. It can be seen that the annual new installed capacity of global photovoltaics will rise to 360GW. In addition, new orders from photovoltaic equipment suppliers maintained high growth.


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