China's Polycrystalline Silicon Companies Shoulder Important Tasks

With the implement of a series of policies, China's photovoltaic installed capacity was more than 10GW, becoming the global biggest photovoltaic market. In 2015, domestic installed capacity is expected to increase substantially. Driven by the downstream applications, China's photovoltaic industry continue to recover, and the manufacturing industry is promising. The output of polycrystalline silicon in 2014 reached 1,300,000,000 tons, exceeding over 40% of the global total capacity.

As the basic raw material for photovoltaic manufacturing industry, polycrystalline silicon, which used to depend on export, now is able to be independent up to 50%. Based on the fact, photovoltaic manufacturing cost and photovoltaic power generation cost are declining at an unexpected speed. However, deterioration in European and American market have resulted in bankruptcy of a large number of solar photovoltaic companies and depreciation in polycrystalline silicon's price. Fortunately, China's polycrystalline silicon companies have been adjusting industry structure to enhance company strength. So far, these companies have gained the basic strength in coat and technology to compete with advanced international companies.

In 2014, China's photovoltaic industry scale continued to be enlarged and the technology level was improved accordingly. The overall developing trend of China's photovoltaic industry was favorable.