Recently, the Seminar on the Development Review of the Photovoltaic Industry in the First Half of 2023 and the Outlook for the Second Half of the Year sponsored by the China Photovoltaic Industry Association and the People's Government of Xuancheng City was successfully held in Xuancheng City, Anhui Province. At the meeting, Wang Bohua, honorary chairman of the China Photovoltaic Industry Association, pointed out in the report on the development of the photovoltaic industry in the first half of 2023 and the outlook for the second half of the year that the national economy will start well in 2023, and the performance of the photovoltaic industry will be impressive.

Review of development in the first half of 2023
On the manufacturing side, in the first half of 2023, the output of polysilicon, silicon wafers, and solar cell solar panels increased by more than 60% year-on-year; on the application side, the installed capacity of photovoltaic power generation in the first half of 2023 was 78.42GW, a year-on-year increase of 154%; In the first half of the year, the total export volume exceeded 29 billion US dollars, an increase of about 13% year-on-year, and the overall export situation was good.
In terms of supply chain, since the beginning of the year, supply chain prices have experienced a short-term rebound and then continued to decline. The rapid and continuous decline in prices in various links has increased users' expectations for price cuts. The market demand for N-type solar panel is strong, the company's main products are fully transformed into N-type solar panel, the production capacity of N-type solar panel is rapidly increasing, and the industrialization process is fully accelerated.

Development Outlook for the Second Half of 2023
In recent years, high temperature and heat waves have swept the world, and the development of renewable energy is urgent. From 2012 to 2022, the proportion of renewable energy power generation increased from 21.3% to nearly 30%, and its growth was mainly driven by photovoltaic and wind power. It is expected that the proportion of renewable energy power generation in 2027 will be close to 40%.
There is a large room for improvement in the penetration rate of photovoltaic power generation. International organizations have substantially raised the forecast for photovoltaic installed capacity. The global photovoltaic market is developing strongly. The forecast for global photovoltaic installed capacity in 2023 will be raised from 280-330GW to 305-350GW; the forecast for my country's photovoltaic market will be raised from 95120GW to 120-140GW.
With the advancement of technology and the support of policies, the construction of a large number of large-scale wind and solar power generation bases focusing on deserts, Gobi, and desert areas in my country is in full swing; offshore photovoltaics ushered in large-scale development; photovoltaics and transportation are integrated and developed. Road width And long, the future can be expected.

At present, the cost advantage of my country's photovoltaic manufacturing end is obvious, and the scale advantage of the industrial chain is difficult to shake in the short term. The photovoltaic industry is still a rare emerging industry in my country that has gained a global competitive advantage. In the second half of 2023, my country's photovoltaic industry will continue to develop rapidly.