Industry Dynamics

Solar Power Europe 2024 was held in Munich, Germany, from June 19 to 21, attracting some 3,000 exhibitors from 160 countries and regions.

In May, above-scale industry (hereinafter referred to as regulated industry) crude coal, crude oil, natural gas and electricity production remained stable. Industrial solar power generation grew 29.1%, the growth rate accelerated by 7.7 percentage points over April.

From January to April 2024, China's photovoltaic industry generally maintains a high level of operation. According to the PV industry standardized announcement of enterprise information and industry associations measured, the national crystalline silicon PV module exports amounted to 83.8GW, a year-on-year increase of 20%.

The latest statistics show that in April 2024, Germany added 1.04GW of new PV installations, up 17.76% year-on-year.

On the morning of May 30, President Xi Jinping attended the opening ceremony of the 10th ministerial meeting of the China-Arab Cooperation Forum (CACF) and delivered a keynote speech at the Diaoyutai State Guesthouse in Beijing.

Circular of the Development and Reform Commission of Jiangsu Province on Matters Relating to the Further Improvement of Time-Sharing Tariff Policies.

Recently, the National Energy Board held a national renewable energy development and construction scheduling video conference.

China's largest offshore photovoltaic project - CNNC Tianwan 2 million kilowatts beach photovoltaic demonstration project in Lianyungang, Jiangsu Province, officially started construction.

The American Council for Clean Energy (ACP) has released its Q1 2024 Clean Energy Quarterly Market Report.

The International Energy Agency's (IEA) Advancing Clean Technology Manufacturing report shows that the current global solar cell and module manufacturing utilization rate is about 50%, and that in 2023 alone, global investment in new solar factories will amount to $80 billion, or two times as much as in 2022.