Three major trends in the market:

1, driven by the three batch of base projects, the new installed capacity of centralized photovoltaic in the short term is super-distributed, and the future is still distributed as the main development direction, but distributed is greatly affected by factors such as filing and consumption;

2. The price of components and systems is falling rapidly, and the industry is accelerating internal volume;

3. Gradually release the red line and accelerate the marketization process;

IVS1-3R-3R-80-B-584 Three characteristics of the market:

1, the series inverter is still developing rapidly, accounting for about 80%. In terms of power, the cluster type has been increased from 230kW to 294kW, and the maximum power has reached 455kW by 2024;

2, in 2023, the domestic DC voltage level of 1500V and above the market (large ground power stations and a small number of industrial and commercial) installed capacity of 125GW, accounting for about 57.8%;

With the development of inverters to large capacity, gradually standard DC arc/insulation monitoring/active shutdown unit, synchronous drive low-voltage electrical rated voltage, current, power density and other parameters to improve;

3. With the continuous growth of efficiency in all aspects, components and inverters have been further improved in terms of efficiency improvement:

In terms of components, the promotion of new technologies such as TOPCon exceeded expectations, and the conversion efficiency of mass-produced photovoltaic panels gradually exceeded 25%;

IVS1-3R-3R-80-B-584 700W has become the standard component enterprise, MPPT current maximum more than 80A;

In terms of inverters, under the trend of DC 2000V and large capacity, the efficiency has generally exceeded 99%;

4Wind power market demand characteristics

For the first time, the wind power market achieved double growth on land and sea. In 2023, the annual installed capacity of wind power was 77.1GW, a rapid increase of 58%. The cumulative installed capacity reached 440GW, an increase of 20.7%.

After stopping subsidies, it achieved double growth on land and sea for the first time, and exceeded the data of the 2020 subsidy retrograde installation period, and the cumulative installed type accounted for 92.1% of land wind and 7.9% of sea wind.