1. Technological progress and cost reduction

In the past few years, photovoltaic power generation technology has made significant progress, with conversion efficiency continuing to increase while manufacturing costs continue to decrease. This makes photovoltaic power generation more competitive globally, attracting more and more investors and consumers.

2. Market size and distribution

In 2024, the global photovoltaic power generation market will continue to expand, with both installed capacity and power generation achieving rapid growth. Among them, China, the United States and Europe are still the world's largest photovoltaic power generation markets. At the same time, the installed capacity of emerging markets such as India, the Middle East and Africa is also growing rapidly.

3. Policy support and market drive

In order to promote the development of the photovoltaic power generation industry, many national governments have formulated a series of preferential policies and subsidy measures. In addition, as global climate change and environmental problems become increasingly serious, the market demand for clean and renewable energy is also increasing, providing a broad market space for the photovoltaic power generation industry.