What challenges does the solar photovoltaic industry in China face?

After 10 years of rapid development, the photovoltaic industry in China is facing enormous challenges, mainly because the speed of capacity expansion far exceeds the speed of market development. In 20 10, the installed capacity of photovoltaic power generation in the world maintained a high growth momentum, and the newly added installed capacity reached18GW (1GW =100 MW), an increase of 153% over the previous year. Last year, the growth rate of demand in the world photovoltaic market declined. According to the authoritative organization's forecast, the installed capacity in 20 1 1 year is about 24GW, which is only about 33% higher than the previous year. At the same time, in recent years, the photovoltaic industry has developed rapidly and its production capacity has expanded rapidly. The production capacity of photovoltaic modules in China has reached 30GW (estimated around 40 GW worldwide). Based on the global installed capacity of 24GW last year, about 20GW of modules could not be digested. At present, Zhongli Tenghui Photovoltaic Technology Co., Ltd. is an investment holding company of Zhongli Technology Group, with a total investment of 4.8 billion yuan, with an annual production capacity of 3GW batteries and 3GW components. Fully automatic production lines with the world's most advanced technology, such as Reis company in Germany, centrotherm company in Germany, NPC company in Japan and Baccini company in Italy, have been introduced.