Thin films, a larger space for future development, we see the conversion efficiency of about 11% of the production technology, a large company after another concern. LP141WP2 (TL)(A1) LP141WP2 (TL)(B1)
Condenser, because the conversion efficiency is relatively high, because the Juguang heat and high-Wen under the influence of the entire system is now more than 20% conversion efficiency, reduce costs in the direction of future development, this product is its relatively high cost of electricity generation, mostly very good use of areas under the sun, for example, Spain is a major development in the region.
production costs of photovoltaic electricity is higher than conventional energy generation such circumstances, growth is stimulated by government policy, influence government policy, the first investment in energy policy in Germany, the German industrial policy after 2004 to promote, through grants to high electricity prices, the complete acquisition of power generation to acquire the manufacturers of high electricity prices, resulting in very strong incentives, since 2004, essentially the world’s largest market, Germany, Spain 08 years to become the first occasion, the vast majority of part of Germany. Because this industry is very special, industrial policy of the industrial market demand, so that the adjustment of industrial policy, resulting in significant fluctuations in market demand resulting from the state of the supply and demand have a significant impact. PV market vulnerable to the impact of changes in government policy, resulting in changes in demand. LP141WX3 (TL)(N1) LP154WX7 (TL)(B3)
We just explain the point that policy changes affect the market demand, we see changes in the photovoltaic market is like this, in 2004 to lead the world market in Europe under the European sustained 7-8 per cent of the demand driving the growth of global PV market. The first half of 2009 caused the financial crisis is not very good results in 2009, Germany announced adjustment policies, most of the terms of adjustment policies on the industry is bad news but the face of high tariffs, so that many installed system manufacturers get the building before the price adjustment. Belgium at a price adjustment during the first half of this year, construction of the first half crazy, half in France and other countries of price adjustment. While the rapidly growing market worldwide, nearly double this year as growth last year.
Because the overall market next year there will be substantial adjustments slowed, if we get the building or in the German estimation, essentially continuing. Get the building in the Czech Republic because this year, next year to shrink. Partial recovery in the U.S. next year, growth could reduce demand in California, including the needs of the eastern United States, the United States market rose slightly. LP154WX7 (TL)(A2) LP154WX7 (TL)(A1)
There’s another market for electricity in Canada to rely on the United States, there is a price subsidies, price subsidies next year is strong market growth is very high.
Other countries in Asia, Japan and China have some growth, including political change in Japan last year, the overall market situation or sustained steady and rapid growth, it is our concern constant in the market. After the madness of growth this year, next year, the development of the market may be flat.
We talk about the presentation of the market opportunity for global industry on both sides.
System with the market size of the device is, however, the proportion of the system to most as the market evolves. We see the European market share of Qicheng world market, but we have seen in Asia, including the middle part, because they face the policy has led to positive, a rapid increase in demand, in this case, Companies need to make the order and supply stability, there are plenty of the average manufacturers want to lower last year, so put a little more easily. We have many companies in East Asia in building the system, and some manufacturers even through mergers and acquisitions team from entering the downstream industry. f2024b f4486b f4809a
Some experts have predicted that excess capacity, but the seller is very clear, they are such an expansion, noted that the cost of photovoltaic power generation in market conditions will be reduced.
Finally, the silicon portion of next year, China, companies from South Korea will enter the top five global companies. No shortage of shortage of silicon material at the end, according to our latest statistics, about 30 remaining companies, which do not lack small manufacturers producing more than expected in the second half after the price of raw silicon showed a downward trend, the industry of photovoltaic energy generation, the cost of maintaining a downward trend, I think the industry trend of moving to East Asia, both sides will continue, both parties the advantage in manufacturing firms, the importance of this industry will be increased. Business opportunities for manufacturers to meet this time two years can be clearly seen. 346970-001 367759-001 f2024a