1.N-type TOPCon has become mainstream

The accelerated iteration of N-type TOPCon has mainly been recognized by downstream demands. Dongwu Securities pointed out that in the first half of 2024, the domestic component collection bidding capacity was approximately 131.4 gigawatts, among which the bidding volume of N-type components had reached 93.6 gigawatts, accounting for 71.2%, with a year-on-year growth of 24.7%. N-type components have currently occupied an absolute mainstream position in the market, while the market share of P-type components has declined significantly. Since June 2024, in procurement projects where component models have been clearly defined, there has been almost no demand for P-type component bidding and procurement. 

2. Future development will shift towards the optimization and upgrading of the existing stock

Under the new situation of technological development, the technological development direction of photovoltaic enterprises will also change in the future. Guohai Securities pointed out that the peak period of expansion for N-type TOPCon has passed, and a new round of efficiency and cost competition for N-type is about to begin. At present, the competition in the photovoltaic industry is quite fierce. Advanced production capacity that is efficient and low-cost will become a powerful tool for the development of enterprises. 

3. Force technological iterations in the silicon wafer and module sectors

The changes in each cycle of the photovoltaic industry are essentially a process of technological iteration. As the industry enters the stage of capacity clearance, the process of technological breakthroughs in the future will further accelerate and spread throughout all links of the photovoltaic industry.

How to choose a suitable supplier of solar panels?

When choosing a supplier, we need to consider whether the factory has the strength and whether the products meet the market demand. Therefore, I suggest you choose our company's products. 

Our company, Beijing Multifit Electrical Technology Co., LTD., is a manufacturer of photovoltaic products. The price of solar panels is highly competitive. According to market demand, the factory mainly produces the most popular N-type Bifacial monocrystalline solar panels on the market. Solar panels with power ranging from 440w to 720w can be produced, among which those with power from 695w to 720w are the most popular. 

The newly upgraded solar panels have many advantages

*N-type TOPCon 4.0 can enhance the modularization efficiency of solar panels and increase the power generation efficiency per unit area.

*Low-performance design enhances the power of each line, reduces construction costs and lowers the overall life cycle costs

*Bifacial power generation maximizes bifacial performance and enhances the power generation capacity on the back side

*Solar panels have a very wide range of applications, such as commercial rooftops, power stations and other places. 

Finally, our solar panels are tested before leaving the factory, and their quality is highly guaranteed.

If you know more about our products, please feel free to contact us.