The operation of China's photovoltaic industry in 2013

Abstract Since 2013, due to factors such as policy guidance and market-driven factors, the development of China's photovoltaic industry has improved compared with 2012. The operating conditions of key enterprises have improved, and the domestic PV market has steadily expanded. First, the industry's development has gradually recovered, and the business conditions have improved in 2013...
Since 2013, due to factors such as policy guidance and market-driven factors, the development of China's photovoltaic industry has improved compared with 2012. The operating conditions of key enterprises have improved, and the domestic PV market has steadily expanded.

First, the industry's development has gradually recovered, and the business conditions have improved.

In 2013, the global installed capacity of new photovoltaics was 36GW, up 12.5% ​​year-on-year; the annual price of polysilicon and components rose by 47% and 8.7% respectively. The EU reached a preliminary solution to my PV "double-reverse" case. I made a final cut on the "double-reverse" of the US-Korea polysilicon, and the external environment was further improved. The operating conditions of domestic enterprises have been getting better and better. By the end of 2013, the number of polysilicon enterprises in production increased from 7 at the beginning of the year to 15. The majority of battery backbone enterprises turned losses into profits. The gross profit margin of major enterprises exceeded 15% in the fourth quarter. Turn positive.

Second, the industrial scale has grown steadily, and the application level has been continuously improved.

In 2013, the national polysilicon production was 84,000 tons, up 18.3% year-on-year, and the import volume was 80,000 tons. The output of battery modules was about 26GW, accounting for more than 60% of the global share, up 13% year-on-year, exporting 16GW and exporting US$12.7 billion. The domestic market grew rapidly, with new installed capacity exceeding 12GW, cumulative installed capacity exceeding 20GW, and the proportion of domestic components of battery components increased from 15% in 2010 to 43%. The industry's sales revenue was 323 billion yuan (manufacturing 209 billion yuan, system integration 114 billion yuan).

Third, the blind expansion momentum is slowing down, and the industry concentration is gradually improving.

Affected by policy guidance and market adjustment, the disorderly development of the industry has been restrained. Many enterprises have increased internal rectification efforts, and some backward production capacity has begun to withdraw. At the same time, the willingness of some enterprises to merge and reorganize has become increasingly strong, and there have been many major mergers and acquisitions. According to the first batch of enterprises (in total, 109) that are in compliance with the "Regulations on Photovoltaic Manufacturing Industry" issued by the Ministry of Industry and Information Technology, their production of polysilicon, silicon wafers and battery modules accounted for 85.7% and 61% of the national total in 2013. 74%; employees and sales revenue accounted for 58% and 78% of the PV manufacturing industry, respectively. In 2013, the sales revenue of China's top 10 PV companies accounted for 23.6% of the whole industry, and the top 50 sales accounted for 63.6%. The industrial development gradually moved to the eastern Jiangsu, Zhejiang, Central, Yunnan, Guizhou, and western and northern Mongolia, Qinghai and Chongqing regions. concentrated.

Fourth, the technical level continues to improve, and the innovation-driven effect is obvious.

China's key enterprises have mastered the complete set of 10,000-ton polysilicon and crystalline silicon batteries, and the localization rate of photovoltaic equipment has been continuously improved. Since 2010, the investment per kiloton of polysilicon has decreased by 47%, the comprehensive energy consumption per kilogram of polysilicon has decreased by 35%, the per capita annual output of polysilicon enterprises has increased by 165%, and the comprehensive utilization rate of by-products of backbone enterprises has reached more than 99%; per megawatt of crystalline silicon battery The investment dropped by more than 55%, the silicon consumption per watt of battery decreased by 25%, and the conversion efficiency of single crystal, polycrystalline and silicon-based thin film batteries of backbone enterprises increased from 16.5%, 16%, 6% to 19%, 17.5%, 10%; The investment in photovoltaic power generation system has dropped from 25 yuan / watt to 9 yuan / watt.

It should be noted that although the overall situation of China's PV industry development has improved, it still faces many problems and cannot be blindly optimistic. First, there are still gaps between key technologies such as materials and equipment and advanced foreign countries. Basic research needs to be strengthened. Second, funding support and policy support are too biased in application, and insufficient support for manufacturing R&D and technological transformation. Third, power generation and networking. The relevant policies are still to be refined. Fourth, the international trade environment is still likely to deteriorate. Overall, the current loss-making situation of the photovoltaic manufacturing industry has not fundamentally changed. From a long-term perspective, the industry still faces deep adjustment.

It is expected that with the further improvement of relevant policies and supporting systems, the overall development of China's photovoltaic industry will rebound steadily in 2014, the prices of polysilicon and batteries will stabilize, and the domestic application market will continue to expand. Major enterprises are expected to achieve full-year profit.

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