Home » The Era of 100 GW: Photovoltaic Capacity Reaches New Heights with Power of Leading Component Factories

The Era of 100 GW: Photovoltaic Capacity Reaches New Heights with Power of Leading Component Factories

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Photovoltaic Industry Reaches New Heights with 100 GW Installed Capacity

Since the beginning of this year, the photovoltaic industry has seen a surge in exhibitions, showcasing the latest advancements in technology and equipment. At the China New Energy, Energy Conservation and Environmental Protection Industry Expo, nearly 500 industry brand companies participated, concentrating on smart photovoltaics, energy storage, energy conservation, and environmental protection industries.

Leading module factories, such as JA Solar and Risen Energy, displayed high-power photovoltaic module products. JA Solar showcased the BYCIUM+ battery modules, which utilize the DeepBlue4.0 series’ technical advantages. Based on N-type silicon wafers and passivation contact technology, these modules boast impressive performance with just 1% attenuation in the first year and 0.4% linear attenuation per year over 30 years.

Risen Energy presented its “trump card” product, the Fuxi N-type heterojunction modules, which achieved a maximum power of 741W with a conversion efficiency of 23.89%. This power output sets a new record for photovoltaic modules.

Several module product managers highlighted that the era of high-power and high-efficiency modules has arrived. These modules are not limited to ground and roof installations but are also suitable for offshore scenarios due to their enhanced corrosion resistance and immersion resistance.

Huasheng New Energy, a leader in the field of heterojunction technology, showcased its high-power module products based on heterojunction technology, including the Himalaya G12 double-sided double-glass 132 half-cell heterojunction modules. These modules achieved a mass production power of up to 730W and an efficiency of 25.5%. The company has plans to achieve a module power of 800W+ and a cell efficiency of 28% by 2025.

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With the price of the industrial chain returning to rationality, the demand for photovoltaics is expected to remain strong. The National Energy Administration estimates that the new installed capacity of photovoltaics will exceed 110GW in 2023, with projections ranging from 110-130GW.

The exhibition also highlighted the increasing demand for N-type batteries, with TOPCon technology set to achieve commercial mass production in the near future. Jiayue New Energy and Jietai Technology showcased their N-type TOPCon batteries, which will soon enter the market. Jiayue New Energy’s products are expected to be commercially available in October.

The photovoltaic industry is experiencing significant growth, with the installed capacity now surpassing 100 GW. With advancements in technology and a strong market demand, the industry is set to continue expanding in the coming years.

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