Photovoltaic Industry Revenue Growth Hit A Decade High

May 09, 2022

Photovoltaic Industry Revenue Growth Hit a Decade High
 

According to statistics from Securities Times·Databao, the revenue and net profit of listed companies in the photovoltaic industry in 2021 both hit record highs, and the total industry revenue exceeded 500 billion yuan for the first time, a year-on-year increase of 44.71%, and the revenue growth rate reached a new high in ten years. , higher than the overall level of A-shares for nine consecutive years; the industry profit exceeded 40 billion yuan, and the growth rate for three consecutive years exceeded 40%.

 

In terms of installed capacity, the installed capacity of photovoltaics will exceed 300 million kilowatts by the end of 2021, accounting for nearly 29% of renewable energy, the highest level in history. Compared with five years ago, the scale of photovoltaic installed capacity has increased by 2.83 times, which is much higher than that of hydropower, wind power, and biomass energy.

 

Can the future boom of the photovoltaic industry continue? According to many institutions, before the advent of the era of parity, national policy subsidies greatly increased the enthusiasm for investment in photovoltaic power plants, driving the rapid increase in installed capacity; after the advent of the era of parity, the economy of photovoltaic power generation has improved, superimposed on the double-carbon series of policy blessings, the installed capacity Continued growth is expected. Looking forward to the future, under the background of the continuous improvement of the dual-carbon policy system and the active promotion of the superposition of large bases and the whole county policy, the installed capacity of my country is expected to experience a high increase during the "14th Five-Year Plan" period for Aluminum Mounting Brackets.

 

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