光伏产业“反内卷”再加码，机电商会倡议抵制低价出口

Core Viewpoint - The China Electromechanical Industry Association has issued an initiative to oppose unfair competition in the photovoltaic industry, emphasizing the need for fair competition, capacity control, technological innovation, and adherence to self-discipline agreements [1]. Group 1: Industry Challenges - The photovoltaic industry is facing severe supply-demand imbalance, with production capacity exceeding 1200 GW by the end of 2024, while global demand is only around 580 GW, leading to a drastic price drop of 18% year-on-year in Q4 2024 [2]. - Many companies in the A-share photovoltaic sector are expected to report losses, with only a few, such as Hengdian East Magnetic and Foster, forecasting positive net profits [2]. Group 2: Response to Market Conditions - Despite the pressure from limited market demand, there are signs of price recovery across the entire industry chain, with increases of 20%-30% attributed to various initiatives from government bodies and industry associations [5]. - The transition from "scale competition" to "quality competition" is seen as crucial for the survival of companies and the overall industry, aligning with global energy transition goals [6][9]. Group 3: Technological Advancements - The photovoltaic industry is undergoing a technological revolution, with N-type batteries becoming mainstream and TOPCon technology accounting for over 75% of production capacity [6]. - Leading companies are increasing R&D investments to innovate and improve product quality, focusing on N-type battery and BC technology advancements [7]. Group 4: Global Market Considerations - Companies with significant export ratios need to be mindful of changes in export tax rebate policies, as the pricing dynamics in overseas markets mirror domestic conditions [9]. - The shift from "scale advantage" to "quality advantage" signifies a profound transformation in the Chinese photovoltaic industry, which is critical for its strategic position in the global green energy landscape [9].