In the first half of the year, China's photovoltaic industry is showing a trend of recovery, which is generally in a growth trend.

On August 19, according to the Ministry of Industry and Information Technology, in the first half of 2014, the development of China's photovoltaic industry continued its warming trend since the second half of last year, and it was in an overall adjustment and development state.

Data show that as of the end of June 2014, the average price of polysilicon rose by 29.3% year-on-year, and the average price of components rose by 7.3%. In the production of polysilicon enterprises increased from 7 at the beginning of last year to 16 companies, a number of backbone battery companies turned losses into profits, and some key enterprises realized continued profitability.

In the first half of this year, China produced 62,000 tons of polysilicon, an increase of 100% year-on-year. According to preliminary statistics, the total output value of China's PV manufacturing industry exceeded 150 billion yuan in the first half of the year.

The implementation of the “Regulations for photovoltaic manufacturing industry” has attracted much attention from the industry, and some of them are lagging behind in production capacity or have begun to withdraw from the industry. The industrial adjustment trend is obvious. The willingness of some enterprises to merge and reorganize increasingly strong, and promote the continuous improvement of industrial concentration. In the first half of the year, China's top 10 module enterprises accounted for nearly 60% of the total output of the industry, and the top five polysilicon companies accounted for more than 80%.

In addition, local support policies have been gradually introduced and photovoltaic applications have been diversified. However, due to the incomplete grid-connected policies and business models, and the earlier period of rapid market growth, the demand has shrunk. In the first half of this year, the domestic PV market declined significantly. The newly added grid-connected photovoltaic installed capacity is about 3.3GW, of which about 1GW is distributed.

It is expected that with the development of international industries in the second half of the year, especially in the fourth quarter, due to the sprint of 10GW domestic installation target, China's photovoltaic industry may experience a leap-like growth, forming a shocking development curve, and the industry will still maintain a deep adjustment trend.