今年光伏市场需求仍较大，整治无序竞争持续发力

Core Insights - The photovoltaic industry in China is transitioning from "scale expansion" to "high-quality development" amid ongoing efforts to combat disorderly competition and improve product quality [1][2][3] - The China Photovoltaic Industry Association has raised its forecast for domestic photovoltaic installations in 2025 to between 270GW and 300GW, indicating strong demand despite challenges [1][8] Group 1: Industry Challenges and Responses - The photovoltaic industry is facing significant challenges, including structural supply-demand imbalances and low-price competition leading to losses for many companies [2][3] - Industry leaders are calling for enhanced self-discipline and adherence to industry norms to eliminate below-cost pricing practices [2][3] - The Ministry of Industry and Information Technology (MIIT) plans to promote the orderly exit of outdated production capacity and strengthen policy guidance to foster a quality-first market environment [3] Group 2: Market Demand and Growth Projections - Despite difficulties in the manufacturing sector, the photovoltaic industry saw a remarkable increase in new installations, exceeding 210GW in the first half of 2025, a year-on-year doubling [4][5] - The cumulative installed capacity of photovoltaic power in China surpassed 1000GW in May 2025, accounting for 30% of the total power generation capacity [6] - The industry anticipates continued strong demand, with projections indicating that annual new installations will need to reach around 300GW to support a 4.5%-5.5% growth in electricity demand [8]