news aktuell GmbH

Asian Photovoltaic Industry Association: China's growing photovoltaic industry may become the preferred choice of the European and American markets

Share

In the context of climate change, energy crisis and recurring epidemics, the world attaches great importance to sustainable development and low-carbon energy transformation. Driven by breakthroughs of renewable energy and policy tools, the global photovoltaic market maintains a good development trend.

Aerial photo taken on July 21, 2022 shows the Xinghuo Water Surface Photovoltaic Demonstration Project of Daqing Oilfield in Daqing, northeast China's Heilongjiang Province
Aerial photo taken on July 21, 2022 shows the Xinghuo Water Surface Photovoltaic Demonstration Project of Daqing Oilfield in Daqing, northeast China's Heilongjiang Province

(Frankfurt, Germany) 
In recent years, China's photovoltaic industry has become an important player in the global photovoltaic industry. For the global market, the choice of China's PV supply chain is an extremely favorable move.

Insiders believe that the essence of building a community of human destiny can be summarized by "national interests and common prosperity". Countries across the world should deeply understand that their destinies are closely linked to each other, so as to promote mutually beneficial cooperation, give full play to their own advantages, jointly make a larger cooperation cake, and guarantee the right of all countries to pursue prosperity and development.

 In recent years, in order to rapidly reduce the use of coal, Europe has been promoting new energy sources very rapidly, relying on natural gas, while vigorously developing wind and hydroelectric power generation.

 With the outbreak of the Russia-Ukraine conflict and the impact of a series of sanctions, energy prices tend to be even more prone to rise and difficult to fall. Analysis points out that Russia’s completely cut off the gas supply may lead to the eurozone into a serious recession, and further aggravate the already high-level inflation. At the same time, with the coming of the cold winter, Europe demand of electricity increases, and most European countries currently have limited reserves of natural gas, the future is likely to introduce related "gas restrictions" measures. In the background of economic recession, inflation and power shortage, Europe is bound to strengthen the investment in photovoltaic and other new energy power facilities, especially the construction of household light storage systems.

Chinese PV exports have also encountered some difficulties. According to Bloomberg, U.S. Customs has detained as much as 3 GW of imported PV modules since June of this year; by the end of the year, as much as 9 to 12 GW of PV modules are expected to be blocked from entering the U.S. market. This suggests that the U.S. Uyghur Forced Labor Prevention Act (UFLPA) is having a significant impact on trade flows; disruptions in U.S. PV trade with China could slow the expansion of the U.S. renewable energy industry, according to the report.

The industry believes that the U.S. crackdown on Chinese PV is unnecessary. "For the United States, the development of photovoltaic industry is its top priority to achieve low-carbon energy transition, it is wise to choose the appropriate Chinese imports, "an industry source said.

 As the economist Qiu Jin previously said: "We are not participating in a sports competition, only a gold medal for all to compete, we can make the common cake, the common fruit bigger. By working together hard, we will achieve a win-win situation."

Contact:

Rotraut Wittkowski

+4915224939858

Images

Aerial photo taken on July 21, 2022 shows the Xinghuo Water Surface Photovoltaic Demonstration Project of Daqing Oilfield in Daqing, northeast China's Heilongjiang Province
Aerial photo taken on July 21, 2022 shows the Xinghuo Water Surface Photovoltaic Demonstration Project of Daqing Oilfield in Daqing, northeast China's Heilongjiang Province
Download

About news aktuell GmbH

news aktuell GmbH
news aktuell GmbH
Mittelweg 144
20148 Hamburg

+49 (0)40 4113-32589http://www.newsaktuell.de

As wholly owned subsidiary of dpa, news aktuell provides business and organizations with effective access to media and consumers. Via the smart tools ots and zimpel, PR content accesses all media formats, including classical print, high click-rate online portals and social networks. In addition, news aktuell publishes all its customers’ PR content on www.presseportal.de, one of the PR portals with the greatest reach in Germany. By this means, all the relevant multipliers are reached globally, from editors, via digital influencers right up to specialist bloggers and interested consumers. news aktuell has been on the market since 1989. The company, with a staff complement of more than 135, has its headquarters in Hamburg. Other offices are in Berlin, Dusseldorf, Frankfurt und Munich.

Subscribe to releases from news aktuell GmbH

Subscribe to all the latest releases from news aktuell GmbH by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from news aktuell GmbH

Bertelsmann Stiftung: Europeans’ support for Ukraine continues unabated5.10.2022 11:00:00 CEST | Press release

Europeans continue to stand firmly by Ukraine's side. A broad majority supports arms deliveries. The willingness to accept Ukraine into the EU remains high. There is also strong support for the need to become more independent in terms of energy supply - even if this means personal cuts. Nevertheless, these attitudes cannot be taken for granted, as there are initial signs that approval is crumbling.

BookSmart24: New app for environmentally conscious travel finds the lowest CO2 route to the desired destination3.10.2022 08:50:00 CEST | Pressemelding

(London, United Kingdom): While existing travel websites primarily display the cheapest or fastest travel option, the new BookSmart24 app also finds the most CO2- and emission-efficient variant for the chosen route. The platform enables users to make smart and responsible booking decisions and to realize that traveling in an environmentally conscious manner does not necessarily have to be more expensive. SmartChoice: CO2-reduced travel does not have to be more expensive BookSmart24 puts the avoidance of CO2 and other harmful emissions in the foreground. The result is the BookSmart24 SmartChoice: It shows users how to make a comfortable and at the same time environmentally friendly and cost-saving booking decision. Thanks to the clear and simple operation of the app, the end consumer receives information on the environmental impact of his or her journey and also sees at a glance: flying more environmentally conscious does not mean that it has to be much more expensive.The cost differenc

Hankook iON Winter: new winter tyre for EVs29.9.2022 10:00:00 CEST | Press release

(Neu-Isenburg, Germany) – Following on from the Hankook iON evo summer tyre, the new Hankook iON Winter is the second member of the new global “iON” tyre family designed specifically for electric vehicles. The premium tyre maker thus aims to promote electric mobility even in the cold season. Characteristics of the new tyre include reduced rolling resistance and low rolling noise. Compared to conventional tyres, this means more range per battery charge and a better driving experience. In addition, the new Hankook iON products are specially designed to deal with the instant high torque produced by powerful electric vehicles. A special challenge: winter tyres for electric cars The Hankook iON Winter has a specially developed tread compound that ensures the lowest possible rolling resistance without sacrificing performance on wet and snow-covered roads. Natural oils ensure the necessary grip, even at low temperatures. The exceptional flexibility allows the tyre to adapt to the road surface

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom