Chinese PV goes global: sail against the current but follow the trend

BEIJING: “In 2023, China’s photovoltaic (PV) application market has indeed achieved unexpected development, reaching 216.88GW (gigawatts), a staggering year-on-year growth of 148.1%, exceeding the predictions of all industry insiders. With the growing demand for green electricity, we predict that the domestic new installed capacity will remain at a high level this year,” Liu Yiyang, Deputy Secretary General of China Photovoltaic Industry Association (CPIA), forecast. “We should follow this general trend, seize the opportunities, and intensify efforts to promote high-quality development of new energy in China,” in accordance with what President Xi stressed during a recent group study session on new energy technology and China’s energy security, a series of key points related to new energy including photovoltaics could be traced in the 2024 Government Work Report released on March 5. “Lucid waters and lush mountains are invaluable assets.” Upholding the idea of President Xi, China’s sustainable development has ushered in a new era.