From：Serve (Xiamen) New Energy Co., Ltd. Release time：2019-01-26
Overview：In 2018, the global photovoltaic industry is the initial period from turbulence to steady development, and the initial period of re-understanding from policy-oriented to market-oriented. The overall policy of photovoltaic industry is stable, the European subsidy policy remains low, the Japanese subsidy quota is limited, the market operation under the current policy environment of the United States is gradually mature, the impact of emerging photovoltaic markets is gradually expanding, China continues to lead the market with 12GW demand, and the global photovoltaic terminal market is expected to maintain a growth rate of about 15%.
In 2018, the global photovoltaic industry is the initial period from turbulence to steady development, and the initial period of re-understanding from policy-oriented to market-oriented. The overall policy of photovoltaic industry is stable, the European subsidy policy remains low, the Japanese subsidy quota is limited, the market operation under the current policy environment of the United States is gradually mature, the impact of emerging photovoltaic markets is gradually expanding, China continues to lead the market with 12GW demand, and the global photovoltaic terminal market is expected to maintain a growth rate of about 15%.
Based on the above background, China's photovoltaic industry began to enter a new development cycle in 2018. Six issues deserve special attention and research. Among them, industrial integration and investment and financing solutions will become the main issues affecting the recent development.
Firstly, the policy has been refined and the industrial environment has been improved. On the one hand, there will be no significant support policy as compared with 2013; on the other hand, the rationalization of industrial structure will be reflected through policy guidance. The implementation rules of policies on industry standards, investment and financing, technology improvement and distributed development will be issued one after another, and the unreasonable investment environment will attract more attention.
Secondly, we should continue to integrate industries and restore and improve the profitability of competitive enterprises in an all-round way. 2014 is the fourth year of this round of industrial integration, and the integration of China's photovoltaic industry continues to slow down in the context of slower than mature countries. With the gradual withdrawal of non-competitive enterprises and the steady growth of demand market, the relationship between supply and demand is becoming more and more reasonable, and competitive enterprises will achieve full profits.
Thirdly, the financial environment has been improved and new forms of investment and financing have emerged. With the improvement of the performance of competitive enterprises and the gradual improvement of the social awareness of the photovoltaic industry, the traditional financing functions of banks, bonds and equity will be restored; with the enhancement of financial awareness of the terminal market and the solution of obstacles to innovative financial products, the financial products represented by industrial investment funds and asset securitization will be the first to take shape.
Fourthly, the price of products in the upper and middle reaches has been adjusted slightly and tended to rise. Influenced by oversupply and slow withdrawal of non-competitive enterprises, the prices of upstream and middle-stream products will neither fall sharply in the previous two years nor rise sharply in expectation. The trend of upstream and downstream products will fluctuate around the value center, and the overall trend will be slightly upward.
Fifthly, energy storage has attracted more attention and the market of photovoltaic technology and equipment has recovered. Influenced by the high value of conversion technology, energy storage technology has increasingly become the key to enhance the competitiveness of photovoltaic power generation and received more and more attention, but it is difficult to make a major breakthrough in the short term, so it is difficult to have market effect; benefiting from market recovery, on the one hand, the investment in scientific research of photovoltaic enterprises has increased, and technological progress is worth looking forward to. On the one hand, the market demand for photovoltaic equipment has been limited.
Sixthly, the degree of distributed attention is high, but the results are not necessarily ideal. At present, the state has never attached great importance to the distributed development of photovoltaic power plants, but the investment attraction composed of legal status, grid-connected policy, pricing mechanism and other factors is seriously insufficient, and the results of the construction of distributed power plants are difficult to be optimistic.
In a word, 2014 is the year of recovery of competitive photovoltaic enterprises in terms of operating performance, technological progress and so on. It is also the year of exploration for China's photovoltaic industry to lead the market-oriented industry with new business model and financial innovation.
About Serve Energy
Serve (Xiamen) New Energy Co., Ltd. is a Chinese manufacturer of low ballasted aluminum PV mounting system with independent intellectual property rights. Serve Energy specializes in the research and development, production, sales and services of solar products, such as low ballasted aluminum PV mounting system from China, professional cost-saving rooftop BIPV System wholesale, wholesale Hot-Dip galvanized steel ground PV mounting, steel & aluminum combined ground PV mounting system.