The globalization of the photovoltaic industry makes solar energy cheaper and cheaper

Views:5848 Published:2022/11/23

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With the continuous rise of the clean energy market, all countries are now vigorously developing the new energy industry, and it seems that it has become a general trend to replace traditional coal-fired power generation with new energy. As a relatively mature technology in the new energy industry, solar energy has naturally been given high hopes.

  From the perspective of market data, in 2020 alone, the newly installed photovoltaic capacity in the world will reach 138.2 GW. By the end of 2020, the total installed capacity of global solar photovoltaic power generation has reached 773.2 GW. From the overall development point of view, the development of the photovoltaic industry directly stimulates the development of polysilicon, silicon wafers, cells and other industries. The global downstream photovoltaic application market of Furui has shown rapid expansion, and many regions have even regarded photovoltaic power as the main source of electricity, the industry is positive.

   But at the same time, a core issue continues to affect the acceptance of excess photovoltaic power among the public - the price. Taking my country as an example, in 2008, the National Development and Reform Commission issued a reply on the on-grid electricity price of the solar photovoltaic power stations in Ordos, Inner Mongolia and Chongming, Shanghai. Electricity is not cheap. And until 2018, although the overall price of photovoltaic electricity was declining, the price of photovoltaic electricity was still unacceptable to the public compared with coal electricity. Although the emphasis was already on low carbon at the time.

The turning point of this problem was in 2019. Starting from 2019, photovoltaic power began to compress prices under the premise of state intervention, and successfully achieved parity photovoltaic power in 2021. Simply put, the price of photovoltaic electricity at that time was already comparable to that of coal. The price of electricity is flat, and my country has also begun to advocate the effective application of photovoltaics, and gradually began to try to replace coal power with photovoltaics and other new energy sources.

  Interestingly, around 2020 is also the time when most other countries’ photovoltaic industries have achieved great development. From the historical background, this is closely related to the proposal of the "Double Carbon" plan.

   In fact, with the continuous maturity of the photovoltaic industry, the globalization of photovoltaics has also reduced the cost of using solar energy. According to a recent study, the cost of installing solar hardware is decreasing as the solar industry chain begins to globalize. And in response to this, the research team of the State University of New York at Stony Brook has drawn a conclusion based on comparing the differences in the cost of solar cell deployment between localized supply and global supply models in various major markets—integrating the global supply of solar cells. Chains may make solar cheaper.

   From the perspective of economic development, the globalization of the solar cell supply chain may only be a matter of time. Because under the current environmental trend, it is the key to promote the development of the solar energy industry, especially to encourage the public to accept this form of energy. Therefore, in order to lower the threshold for use, the cooperation between companies on solar cell-related technologies and components should be closer. Among them, natural It also includes international exchanges and cooperation.
Article link: Chemical Instrument Network