What will happen to the PV market in 2021?

　　The growth rate of the PV industry is always higher than the imagination of various analysts, and the future has unlimited imagination!

　　The market is huge and the industrial chain is long, so no company can cover all the links in the industry, and no company can eat the global market.

　　Some little-known small companies can also grow rapidly in this big wave, mainly due to new standards and changes in government policies.

　　What will happen to the PV market in 2021?

　　Our judgment on the market is:

　　1. Severe surplus of upstream production capacity

　　After a serious shortage of silicon wafers and glass in July 2020, major PV module manufacturers have expanded their production capacity. It can be expected that the production capacity of silicon wafers, cells, and modules will exceed 300GW in 2021, far exceeding the expected demand for PV modules in the world in 2021.

　　2. The power and size of the components still cannot be unified

　　280W to 600W+ components will appear in the market. The mainstream polysilicon sizes are 156.75 and 158.75, and the module power is between 280W-360W. Some manufacturers have upgraded to 166 size, module power is between 340W-360W, 440-470W. The size of the new silicon wafers has increased to 210 and 182, but the market has not yet fully recognized these products. It is expected that first-tier brands will only promote them at the end of 2021. If the market responds well, they may occupy the main position in the next few years.

　　3. The component current varies greatly

　　The diversity of component power also causes the diversity of component currents. 156.75, 158.75 silicon chip size modules, the current is below 10A; 166 silicon chip size modules, the current is about 11-12A; 210 silicon chip size modules, the current is about 11-12A; 182 modules have a working current close to 13A on one side.

　　4. Price wars are inevitable

　　Due to the rise in components in 2020, many projects will be postponed to 2021, and 2021 will be the first year after major manufacturers in various industries have expanded their production capacity. The global economy is affected by the epidemic and its growth rate is slow. Although the PV industry is growing, it is far from being able to digest the capacity after expansion. Therefore, 2021 will be the year when a brutal price war begins.

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　　Solar power generation system with lithium battery energy storage system is a very promising clean energy.