Li Chuangjun, Director of the New Energy and Renewable Energy Department of the National Energy Administration, stated at the news conference of the State Council Information Office on the 20th that they will strengthen coordination among multiple departments and regulate the order of the photovoltaic power generation industry. They will reasonably guide the construction and release of photovoltaic upstream production capacity, and avoid repetitive construction of low-end production capacity.
Li Chuangjun, the head of the New and Renewable Energy Department of the National Energy Administration, said at a press conference on the 20th that the competition in China's photovoltaic industry is indeed very fierce. In order to guide the healthy development of the industry, various measures will be taken, including strengthening the coordination of multiple departments and regulating the order of photovoltaic power generation industry. The National Energy Administration will organize industry associations with relevant departments to timely release information such as industrial scale, capacity utilization, and market demand, and reasonably guide the construction and release of upstream photovoltaic production capacity, avoid the repeated construction of low-end production capacity, and strive to create a good market environment.
As of early June 2024, raw materials such as silicon and silicon wafers are already in a state of cash cost loss. With more and more companies reducing production and starting maintenance, the output of silicon materials in June and July is expected to continue to decline, and a new round of destocking in the upstream is expected to begin. Tang Junnan of Central China Securities pointed out that the valuation of the photovoltaic sector is at a historical low, and the significant drop in stock prices in the secondary market has fully reflected the expectation of overcapacity. In the medium and long term, it is recommended to focus on integrated component manufacturers, photovoltaic glass, electronic silver paste, energy storage/high power string inverter, and leading photovoltaic equipment companies.
According to the Financial Data Center, among related listed companies:
Lushan New Material's photovoltaic cell packaging film products include transparent EVA film, white EVA film, POE film and other mainstream products in the market. The products have been recognized by well-known customers such as Panasonic, Jingke, and BYD.
Jinko Solar's component products use independently produced double-sided microcrystalline heterojunction solar cells, and the average efficiency of the highest production batch has been increased to 26%.