The domestic PV industry as a whole has fallen into a trough, and it is expected that it will continue to recover until 2013. Industry experts said that the PV industry is about to enter a period of large-scale integration.
Xue Liming, executive vice president of the National Federation of Industry and Commerce New Energy Chamber of Commerce and chairman of Zhonghai Yangxin Energy Power Co., Ltd., told Netease Finance today that the current difficulties in the photovoltaic industry are not expected to improve in the short term, and it is expected that it will recover in 2013. During this period, many technologies will be completed. Backward companies face being eliminated.
Shi Limin, deputy secretary-general of the New Energy Chamber of Commerce of the National Federation of Industry and Commerce, believes that the domestic PV industry is about to enter the integration period. "The expansion in 2010 is too fast, and the market can accommodate hundreds of companies." He also said that in the short term, the photovoltaic industry is difficult to get rid of the predicament, at least it will take a year to greet the turn.
According to media data, in 2008, there were only nearly 100 PV companies in China, but as of today, there are more than 500, and the growth rate has nearly five times in three years. China's photovoltaic industry polysilicon accounts for about 60% of global production capacity, silicon wafer production capacity is about 70%, polycrystalline silicon battery production is nearly 70%, and component production capacity accounts for about 70%. It is a veritable first production country.
Since the beginning of this year, the main market for photovoltaic products in Europe has been affected by the debt crisis, resulting in the continuous decline in the price of photovoltaic products. In the third quarter, with the collapse of many PV companies in the United States, the domestic industrial development has also collectively fallen into a trough. The data shows that in 2011, the global PV overcapacity was 10GW, of which 8GW came from China. By 2012, the overcapacity will rise to an astonishing 22GW.
Recently, Suntech, one of the leading domestic PV companies, was rumored to be in bankruptcy. According to the fact that Shi Limin, who knows the inside story, told Netease Finance that the relevant statement has been confirmed to be a rumor, but now it is indeed possible to feel the difficulties of Suntech.
Even so, the industry has already spread, the goal of the 12th Five-Year PV installed capacity is being raised to 20GW, the initial figure is 5GW. Industry experts said that the current difficulties will not affect the development of the photovoltaic industry for a long time, and whether the market capacity will increase in the future is mainly affected by electricity price factors.
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