In August 2020, the photovoltaic industry once again attracted the attention of investors in the absence of relevant policies to stimulate the whole industry chain of the secondary market photovoltaic industry has ushered in a substantial increase, from raw materials to accessories without exception. The cumulative increase of the photovoltaic sector index reached more than 40% within a month, and the performance was amazing. Compared with clean energy such as nuclear energy with high potential safety hazards, water conservancy energy with extremely high geographical location requirements, and wind and tidal energy with insufficient reserves, solar photovoltaic reserves and environmental adaptability have absolute advantages.

At the beginning of photovoltaic industry, in order to promote the development of photovoltaic industry, the government launched a series of subsidy programs. Under the nourishment of high subsidies, photovoltaic enterprises in various regions have sprung up. However, due to the lack of technical level and industry experience, the photovoltaic industry in the past There are many problems in the rough development of the company. Most companies have problems such as backward production capacity, "fraud compensation", and poor quality. The embarrassment of low-quality development has attracted the attention of the government.

After a series of policy adjustments such as tightening subsidies and formulating industry qualification standards, my country’s photovoltaic industry has gradually moved towards a path of high-quality development since 2017. Leading companies in the industry have cleared the industry through technological innovation and cost control. Redundant capacity and low-quality products successfully calmed down the industry. Since then, the photovoltaic industry has ceased to be hot spots, and capital has ceased to pursue it.

What is the cause of the sudden rise of this round of photovoltaics? Where will it go in the future? Which companies will benefit from this? We may need to observe the overall situation from an industry perspective.

The logic of photovoltaics

Polysilicon, whose price advantage is no longer prominent, is gradually being replaced by more efficient monocrystalline silicon