After 2023, China's photovoltaic industry has maintained the momentum of increasing quantity and quality: solar cell production increased by 54% over the previous year, the number of global patent applications was 126,400, ranking first in the world; the new installed capacity of solar energy is equivalent to the new installed capacity of solar energy in the world in 2022.

Data released by the China Photovoltaic Industry Association shows that: in the first 10 months of 2023, the output value of the PV manufacturing end exceeded 1.3 trillion yuan; in the first three quarters of 2023, the output of the four segments of PV silicon, silicon wafers, batteries, and modules has exceeded the previous year's annual output, and the export volume of silicon wafers, battery wafers, and modules has increased by 88.3%, 74.3%, and 33% year-on-year, respectively.

Behind the steady expansion of the scale of the PV industry is the opportunity brought about by the global green and low-carbon transition and China's push to achieve the "dual-carbon" goal.

　Behind the steady expansion of the scale of the photovoltaic industry is the dividend brought about by enterprises accelerating technology iteration and promoting cost reduction. The International Energy Agency recently released a report showing that in 2023 the global renewable energy new installed capacity than the previous year increased by 50%, the new installed capacity of 510 GW, solar photovoltaic accounted for 3/4 or so. By early 2025, renewable energy, including photovoltaic, will become the world's most important source of electricity. Look at the domestic, as of the end of November 2023, the country's cumulative installed capacity of solar power generation of about 560 million kilowatts, an increase of 49.9%; the main power generation enterprises solar power generation completed investment of 320.9 billion yuan, an increase of 60.5% year-on-year
 

Going overseas to build factories, the same has become the development trend of the photovoltaic industry in the past two years. "Photovoltaic products are from 'made in China, sold globally' to 'made globally, sold globally' pattern change. Looking to the future, it is necessary to build a high-quality PV industry synergistic development ecology, further actively integrate into the global industrial system, and carry out international co-operation in green energy and other fields."