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In recent years, the global demand for renewable energy has sharply increased, especially for solar power generation. As an indispensable component in solar energy systems, the market for solar inverters has also flourished. According to the latest market research report, it is expected that by 2028, the global solar inverter market will reach a size of $50 billion, with an average annual growth rate of over 15%.   The main function of a solar inverter is to convert the direct current (DC) generated by solar panels into alternating current (AC) for use in households and businesses. With the continuous advancement of technology, modern solar inverters not only have higher energy efficiency and reliability, but also integrate advanced functions such as intelligent monitoring, remote control, and data analysis, improving user experience and system performance.   Market driven factors   The rapid growth of the market is mainly driven by the following factors:   1. Policy Support : Governments around the world have introduced policies to support the development of renewable energy in response to climate change. These policies, including subsidies, tax exemptions, and green loans, provide a favorable environment for the development of the solar inverter market.   2. Technological progress : With the development of semiconductor technology and digital control technology, the performance of inverters continues to improve, reducing energy loss and improving overall efficiency.   3. Energy cost reduction: The cost of solar power generation has significantly decreased in the past decade, making it one of the most competitive forms of energy. As a key component in the system, the cost of inverters is gradually decreasing, which has promoted their popularity in the market.   Market challenges   Despite the broad market prospects, the solar inverter industry still faces some challenges. For example, the quality and performance of inverters vary greatly, and some low-priced products may affect the overall efficiency of the system. In addition, as market competition intensifies, companies need to constantly innovate to maintain their competitive advantage.   Future prospects   In the future, with the advancement of energy storage technology and the development of smart grids, the solar inverter market will usher in new opportunities. Many industry experts predict that inverters with integrated energy storage functions will become a new trend in the market. This will enable households and businesses to manage energy use more effectively and achieve self-sufficiency.   Overall, the solar inverter market is in a rapid development stage, and various enterprises should seize the opportunity and actively layout to adapt to the future changes in the industry.

The research report is summarized below How much more renewable energy will the world need to install by 2050? InfoLink, in line with the goals of the Paris Agreement, calculates that "keeping temperatures well below 2° C above pre-industrial levels; and working towards 1.5° C; Both scenarios, coupled with the continuing increase in global energy demand, will require an increase in renewable energy capacity by 2050, and will also examine whether the world can meet the Paris Agreement, or even lower temperature control targets, based on the current global renewable energy expected to be installed. Under the continuous economic development, the global demand for energy continues to increase. Based on the assumption that the electricity demand in 2019 will be 26.937TWh and the compound annual growth rate of global electricity before 2050 will be about 2.5%, InfoLink calculates that the electricity demand in 2030 will be 35.343 TWh, and in 2050 it will reach 57914TWh. In 2019, global renewable energy will only provide 9.928 TWh of electricity per year, and there is still considerable room for improvement to meet new electricity demand and emission reduction targets. At present, more countries have set up policy nodes in 2030, to control the temperature at 2° C and 1.5° C need to reduce 88.8 billion and 207.6 million tons of equivalent carbon dioxide emissions respectively: and the current carbon emissions caused by power generation account for about 30% of the total carbon emissions. This means that the installation of renewable energy can help reduce carbon monoxide equivalent by up to 26.6 billion and 62.2 billion tons in the two scenarios. According to the calculation of photovoltaic, wind and other renewable energy sources, if the carbon reduction targets of 2°C and 15° C are to be achieved, the cumulative installed capacity of renewable energy will be 3.409 GW and 6.887GW respectively by 2030. In terms of the current global progress, InfoLink estimates that the global installed capacity of renewable energy is expected to reach 9.145 GW in 2030, achieving the emission reduction target of renewable energy generation in 2030. If we want to achieve higher emission reduction targets, such as keeping the temperature within 1° C, we need to accumulate 10.959GW of renewable energy installed in 2030, and there is still room for improvement at the current pace.

Domestic headlines 1. National Bureau of Statistics: Solar power prices rose 1.4% in June On July 10, the National Bureau of Statistics released the national CPI (consumer price index) and PPI (producer price index) data for June 2023. In this regard, Dong Lijuan, chief statistician of the Urban Division of the National Bureau of Statistics, carried out an understanding. In June, the price of wind power and solar power in electricity production rose 2.6 per cent and 1.4 per cent respectively, Ms Dong said. 2. Dezhou, Shandong: By 2030, the installed PV capacity will reach 4GW Recently, the People's Government of Dezhou City, Shandong Province issued the Notice on the Work Plan of Dezhou Carbon Peak. "Notice" pointed out that vigorously develop new energy and renewable energy. By 2030, the installed capacity of wind power will reach 3.7 million kilowatts, and the installed capacity of photovoltaic power will reach 4 million kilowatts. 3, Guangdong Huizhou new energy storage action plan: 2027 installed capacity strive for 6GW! On July 7, the Huizhou Municipal People's Government Office issued a notice on the "Action Plan for Promoting the high-quality development of New energy storage Industry in Huizhou", which pointed out that by 2027, the output value of new energy storage industry clusters will strive to reach 350 billion yuan, the total production capacity of energy storage batteries in the city will strive to reach 160GWh, and the installed capacity of new energy storage in the city will strive to reach 6 million kilowatts.

With the help of ultra-cutting-edge scientific and technological means and media communication technology, the physical boundaries between society and individual, ideal and present, virtual and reality are completely broken through, providing participants with a new sense of experience and participation. The naked eye 3D show integrates multiple means such as light, shadow, sound and real-time interaction, demonstrating the transformation of the front end of the Internet. China's first mobile hologram pod (giant caravan) is also a witness to the forefront of this technology interactive show, holographic display technology will be the three-dimensional picture of the car suspended in the real air, people can feel the real world and virtual space contactless interaction. Recently, the National Development and Reform Commission, the National Energy Administration, and the Ministry of Commerce have launched a series of policies to support and promote the consumption and development of new energy vehicles, which is a big proposition concerning the layout of the national economic field. With the use of high-tech presentation techniques and rich and vivid interaction modes, it is cleverly transformed into a vivid forum for the story of Chinese automobiles in the new era. The grand narrative of "Chinese modernization" and "high-quality development" intervenes in the daily life of participants in a concrete and small form of realistic communication. This science and technology interactive show is another fresh case that Autohome provides to the society on how to "tell the story of Chinese cars well" and even how to "tell the story of China well".

On July 11, the China Association of Automobile Manufacturers (hereinafter referred to as "CAAM") released the production and sales data for June 2023. Data show that in June, China's automobile production and sales were completed 2.561 million and 2.622 million, an increase of 9.8% and 10.1% respectively, and an increase of 2.5% and 4.8% respectively. From January to June, the cumulative production and sales were 13.248 million and 13.239 million, respectively, an increase of 9.3% and 9.8%. Among them, the monthly sales of new energy vehicles exceeded 800,000 for the first time, and the production and sales in June were 784,000 and 806,000, respectively, an increase of 32.8% and 35.2%, and the market share reached 30.7%. And it is worth mentioning that in the three categories of new energy vehicles, plug-in hybrid electric vehicle production and sales of the first record high, in June production and sales were completed 235,000 and 232,000, respectively, an increase of 90.5% and 93%. In addition, the production and sales of pure electric vehicles in June were 548,000 and 573,000, respectively, an increase of 17.5% and 20.5%. The production and sales of fuel cell vehicles were 1,000 units, an increase of 27.1% and 109.9%, respectively. From January to June, the production and sales of new energy vehicles completed 3.788 million and 3.747 million, respectively, an increase of 42.4% and 44.1%, and the market share reached 28.3%.

This Shanghai SNEC International Solar photovoltaic and smart energy exhibition, divided into W, N, E zone, people to visit very.Our booth is located in Area E. The main products on display at this exhibition are energy storage products, including 300W power station, 600W power station, 1500W power station and 3500W car emergency charging bank. Many customers are interested in the products at our stand.

Listed companies cross-border layout of new energy industry enthusiasm is not reduced. Since 2023, there have been a number of listed companies from the fields of toys, jewelry, medicine, aquaculture and other cross-border layout of the new energy industry to create new profit growth points. Shifeng Culture announced that it intends to set up a wholly-owned subsidiary in Shenzhen with 80 million yuan of its own funds or self-raised funds, mainly engaged in distributed photovoltaic power plant business, while expanding clean energy investment, development and operation and maintenance services. Pharmaceutical company Sunflower plans to build TOPCon battery production line; Aquaculture enterprise Muyuan shares plan to set up a subsidiary to carry out new energy-related business; PCB manufacturing company Kexiang shares to invest in the construction of sodium-ion battery project; Medical information enterprise Maddie Technology intends to invest in the construction of efficient single crystal battery smart factory project. According to Tianyan data, as of now, there are more than 37,000 lithium battery-related enterprises, of which 610 new registered enterprises will be registered in 2022; In terms of geographical distribution, Guangdong ranks first in the region with more than 14,000; Jiangsu and Hunan ranked second and third, with more than 4,090 and 3,800, respectively. In terms of establishment time, 51.1% of related enterprises were established within 1-5 years, and 12% of related enterprises were established more than 10 years. In terms of the nature of the enterprise, 87.2% of the relevant enterprises are limited liability companies. According to incomplete statistics, lithium battery-related patents have reached more than 2,770 patent applications since January 2023, of which more than 60% are invention patent applications.

By PGO Green Energy Ecological cooperation organization, China Industrial and commercial and household photovoltaic brand alliance, China Solar Power Tracking system Alliance co-sponsored by AsiaSolar 17th Asia Photovoltaic Exhibition will be held in March 8-10, 2023 in Shaoxing International Convention and Exhibition Center. During the 3-day exhibition, there were 3-day forums, 1 main forum, 3 high-end dialogues, 1 award ceremony and 4 special sub-forums. More than 50 industry celebrities attended the conference, 100 guests attended the forum, more than 1000 industry professionals attended the conference, and more than 300 outstanding enterprises in the industry participated in the exhibition. By PGO Green Energy Ecological cooperation organization, China Industrial and commercial and household photovoltaic brand alliance, China Solar Power Tracking system Alliance co-sponsored by AsiaSolar 17th Asia Photovoltaic Exhibition will be held in March 8-10, 2023 in Shaoxing International Convention and Exhibition Center. During the 3-day exhibition, there were 3-day forums, 1 main forum, 3 high-end dialogues, 1 award ceremony and 4 special sub-forums. More than 50 industry celebrities attended the conference, 100 guests attended the forum, more than 1000 industry professionals attended the conference, and more than 300 outstanding enterprises in the industry participated in the exhibition.

By PGO Green Energy Ecological cooperation organization, China Industrial and commercial and household photovoltaic brand alliance, China Solar Power Tracking system Alliance co-sponsored by AsiaSolar 17th Asia Photovoltaic Exhibition will be held in March 8-10, 2023 in Shaoxing International Convention and Exhibition Center. During the 3-day exhibition, there were 3-day forums, 1 main forum, 3 high-end dialogues, 1 award ceremony and 4 special sub-forums. More than 50 industry celebrities attended the conference, 100 guests attended the forum, more than 1000 industry professionals attended the conference, and more than 300 outstanding enterprises in the industry participated in the exhibition. By PGO Green Energy Ecological cooperation organization, China Industrial and commercial and household photovoltaic brand alliance, China Solar Power Tracking system Alliance co-sponsored by AsiaSolar 17th Asia Photovoltaic Exhibition will be held in March 8-10, 2023 in Shaoxing International Convention and Exhibition Center. During the 3-day exhibition, there were 3-day forums, 1 main forum, 3 high-end dialogues, 1 award ceremony and 4 special sub-forums. More than 50 industry celebrities attended the conference, 100 guests attended the forum, more than 1000 industry professionals attended the conference, and more than 300 outstanding enterprises in the industry participated in the exhibition.

By PGO Green Energy Ecological cooperation organization, China Industrial and commercial and household photovoltaic brand alliance, China Solar Power Tracking system Alliance co-sponsored by AsiaSolar 17th Asia Photovoltaic Exhibition will be held in March 8-10, 2023 in Shaoxing International Convention and Exhibition Center. During the 3-day exhibition, there were 3-day forums, 1 main forum, 3 high-end dialogues, 1 award ceremony and 4 special sub-forums. More than 50 industry celebrities attended the conference, 100 guests attended the forum, more than 1000 industry professionals attended the conference, and more than 300 outstanding enterprises in the industry participated in the exhibition. By PGO Green Energy Ecological cooperation organization, China Industrial and commercial and household photovoltaic brand alliance, China Solar Power Tracking system Alliance co-sponsored by AsiaSolar 17th Asia Photovoltaic Exhibition will be held in March 8-10, 2023 in Shaoxing International Convention and Exhibition Center. During the 3-day exhibition, there were 3-day forums, 1 main forum, 3 high-end dialogues, 1 award ceremony and 4 special sub-forums. More than 50 industry celebrities attended the conference, 100 guests attended the forum, more than 1000 industry professionals attended the conference, and more than 300 outstanding enterprises in the industry participated in the exhibition.

Whaylan Home energy storage product is coming,which is suitable for automobile emergency power supply, family emergency power supply, outdoor travel, Which is suitable for automobile emergency power supply, family emergency power supply, outdoor travel, emergency disaster relief, field work and other applica-tions. Product built-in LifePo4 battery for 8 series design, voltage 25.6Vdc, inverter AC output, output 220V/110V (50/60Hz) pure sine wave, with UPS function

Whaylan Portable Solar Power Station Large capacity, high endurance, a variety of ports, at any time for your need to charge the equipment. Completely say goodbye to the anxiety of outdoor electricity and devote yourself to an outdoor activity. At the same time, it can be equipped with solar panels to charge the power supply. The energy storage technology of lithium battery is combined with the clean renewable energy of solar energy to truly realize the enjoyment from day to night.

Whaylan Portable Solar Power Station Large capacity, high endurance, a variety of ports, at any time for your need to charge the equipment. Completely say goodbye to the anxiety of outdoor electricity and devote yourself to an outdoor activity. At the same time, it can be equipped with solar panels to charge the power supply. The energy storage technology of lithium battery is combined with the clean renewable energy of solar energy to truly realize the enjoyment from day to night.

Our New Energy Technology Co., Ltd. will participate in the 17th Asia Photovoltaic Exhibition 2022.And we have prepared all the information in advance,such as company introduction, product quotation, enterprise product brochure and so on. The exhibition will be held in Hangzhou from November 3 to 4. This forum is mainly divided into three parts. First part is new photovoltaic technology, new products, new equipment, in addition to tracking system also includes photovoltaic cells, modules, inverters, glass, backplane, auxiliary materials and other products and related production equipment technology innovation. Second part is Photovoltaic support, tracking system innovation technology. Third part is overall promotion of photovoltaic power station development, construction, operation and maintenance mode innovation. In addition, this topic of the 17th Asia Photovoltaic Exhibition will focus on the innovation and development of photovoltaic industry under the background of carbon neutrality. The leaders of the Energy Administration, academicians, industry experts and entrepreneur representatives will also participate in the keynote speech or high-end dialogue.

Our company participated in the 15th SNEC Shanghai PV and Energy Storage Exhibition. The exhibition`s contents include PV production equipment, materials, PV cells, PV application products and modules, as well as PV engineering and systems, energy storage, mobile energy, etc., covering all links of the PV industry chain. SNEC Exhibition has developed from the first session in 2007 to the 14th session in 2020 under the love of colleagues from all walks of life, and has now became the industry leader. SNEC Shanghai PV & Storage Expo 2021 aims to promote the international cooperation and exchange of energy storage, mobile energy and argon energy and fuel cells, focusing on the exhibition of global light + storage, mobile energy + storage,fuel cells and other engineering technologies and products covering the whole industrial chain. The conference forum held at the same time of this exhibition brings together leading policy makers, industry experts, scholars, leading enterprises, financial institutions, consultancy and authoritative media, such as the theme to explore global light +, mobile energy storage, storage, hydrogen and fuel cell industry policy guidance, cutting-edge technology, market trends, business model, and the financing channels, etc. The construction of global energy Internet will also become the general trend of power grid construction and development.

The World Solar Photovoltaic Industry Expo was held in Guangzhou Canton Fair Pavilion from November 18 to 20, 2021, with an exhibition area of 60,000 square meters and more than 500 enterprises participating. Our company also participated in the world solar photovoltaic industry Expo,having conducted in-depth communication with other enterprises and customers about solar PV products. The Expo is an important exhibition platform for global photovoltaic enterprises to promote trade and brand promotion. The exhibition contents cover all fields of the photovoltaic industry, including raw material supply, main and auxiliary materials, machinery and equipment, photovoltaic cells, photovoltaic modules, photovoltaic engineering and photovoltaic application products. It has established a good business service platform for Chinese and foreign enterprises. The summit aims to jointly discuss the future development trend of distributed photovoltaic, exchange cutting-edge technologies, summarize advanced experience, and contribute to the early realization of the "double carbon" goal in the distributed photovoltaic industry.