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Due to the development of solar panel energy, the global electricity price is getting lower and lower.
Oct 06 , 2021

With the general trend of energy revolution and the goal of carbon neutrality, the world is welcoming a new energy wave. Under the background of global climate crisis, countries make corresponding climate commitments according to their actual conditions, and "carbon neutrality" has become the consensus of all countries in the world, and the next 40 years will be a period of accelerated development of new energy.


In the next five years, the volume will increase over the price reduction, and the scale of the industry will expand steadily. Entering the era of fair price of photovoltaic, the industry volume increase is expected to maintain an increase of more than 13% in the next decade. In the first half of 2021, exports of photovoltaic modules and inverters continued to grow, and overseas demand remained strong.


According to the statistics of IHS Markit, in 2020, the solar installed capacity of global energy storage will exceed 5GW, increasing by more than 60% year-on-year, and both the power supply side and the user side have achieved substantial growth. In terms of regional distribution, it is expected that the developed regions such as the United States, Europe, Japan, South Korea and Australia will be the main forces of overseas energy storage installations in the short term, and the high prosperity of the industry is expected to be maintained.



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