In the past 2023, the "three new things" consisting of photovoltaic cells, electric passenger vehicles, and lithium batteries for automobiles have become an important growth pole for my country's exports, constantly releasing new momentum. In recent years, the photovoltaic industry has achieved rapid growth under the guidance of the implementation of the "double carbon" goal and national policies, and the downstream power generation end of the photovoltaic industry has ushered in a "wave of installations." Data from the National Energy Administration shows that my country’s newly installed photovoltaic capacity in the first 11 months of 2023 was 163.88GW, a year-on-year increase of 149.4%.

The photovoltaic industry is an important force in promoting economic transformation, upgrading and sustainable development. Silicon materials, silicon wafers, cells and modules are the main industrial chain of photovoltaics. Relevant data released by the China Photovoltaic Industry Association (CPIA) shows that in the past year, my country's photovoltaic industry has grown strongly, with the production of silicon materials, silicon wafers, cells, and modules at the manufacturing end increasing by more than 70% year-on-year; The output value of the link exceeded 1.3 trillion yuan, a record high for the same period in history.

It is required that the country's newly installed wind power and photovoltaic capacity will be about 200 million kilowatts in 2024, which is a 25% increase from the 2023 target. Experts said that in 2024, the global new photovoltaic installed capacity is forecast to reach 345GW-390GW. Overseas markets are mainly Europe, the United States, India, Brazil, etc., and my country's new photovoltaic installed capacity is forecast to reach 160GW-180GW. According to this data, my country's installed capacity accounts for approximately half of the global total, and its proportion has increased compared with the previous two years. According to expert research and analysis, the current insufficient power grid capacity and wind and solar accommodation issues have become a key factor restricting the high growth of photovoltaic demand in various countries. The global photovoltaic installed capacity potential can only be further improved after the power grid completes phased upgrades or energy storage installations are increased. freed.

In recent years, photovoltaics has continued to develop rapidly at home and abroad by virtue of its green and environmentally friendly advantages, with installed capacity and technological iteration and innovation showing spiral growth. The overseas tracking bracket industry started early, has mature technology, and has gained high recognition in the downstream. At the same time, the accelerated construction of large domestic bases and other projects has also brought a broad market for the application of tracking brackets, and tracking brackets are expected to accelerate penetration. It is estimated that the global installed capacity of ground photovoltaic power stations (excluding rooftops) photovoltaic systems is expected to reach 194GW in 2028.

For us, Multifit, we need to seize this opportunity and take advantage of the continuous expansion of the photovoltaic market to introduce our photovoltaic equipment and photovoltaic cleaning equipment to our potential customers, so that they can familiarize themselves with the performance and quality of our products, and ultimately place successful orders. And actively participate in domestic and international exhibitions, for example, at this year's 135th Canton Fair, we will send a luxurious lineup to participate in the exhibition. At this Canton Fair, we have to fully demonstrate our latest products to these potential customers and seize these opportunities that allow our end customers to experience our products for the first time.