The price storm of the photovoltaic market is coming, and the competition will be more fierce in 2

Mondo Finance Updated on 2024-01-29

With the gradual release of new production capacity and the progress of technology, the photovoltaic market has been declining. Polysilicon has fallen rapidly, falling below 60,000 tons, with an average transaction price of 6040,000 tons, down more than 60% from the beginning of the year. Under the dual pressure of conduction and intensified market competition, the module has also been rapidly reduced, and has now dropped to less than 1 yuan.

The volatility of the photovoltaic market not only affects the profitability of enterprises, but also intensifies competition in the industry. A number of industry insiders said that 2024 will be the most competitive year in the photovoltaic market. Enterprises need to strengthen their capabilities in technological innovation, reduce costs, and improve product quality and service levels to meet market challenges.

At the same time, industry associations and enterprises also need to work together to promote the healthy development of the photovoltaic market. ** Policy support can be increased to improve the penetration rate and market competitiveness of photovoltaic applicationsIndustry associations can strengthen industry self-discipline and norms and promote fair competition in the marketEnterprises need to strengthen cooperation and exchanges to jointly promote the progress of photovoltaic technology and the development of the industry.

In short, in the face of the "best storm" and increasingly fierce competition in the photovoltaic market, enterprises need to remain calm and actively respond, and at the same time, they also need the joint efforts of industry associations and other parties to promote the healthy and sustainable development of the photovoltaic market.

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