光伏产业如何“反内卷”

Core Insights - The Chinese photovoltaic industry is addressing its "growing pains" through initiatives aimed at breaking the cycle of "involution" competition and promoting a collaborative ecosystem for supply chain quality [1] - As of November 2025, China's solar power generation capacity is expected to reach 1.16 billion kilowatts, reflecting a year-on-year growth of 41.9%, showcasing the industry's global leadership in scale, technology, and application [1] - The industry faces challenges such as supply-demand imbalances and price wars, highlighting the urgent need for transformation and upgrading [1] Supply-Side Strategies - Emphasizing differentiated policies based on the characteristics of various segments, such as establishing a technology grading mechanism for rapidly evolving battery technologies and enforcing strict regulations to eliminate outdated capacities in mature segments like silicon materials and wafers [2] - The component sector requires strict regulation to curb sales below cost, ensuring that high-quality production is prioritized while phasing out inferior capacities [2] Demand-Side Strategies - The domestic market should see state-owned enterprises take responsibility for major projects, stabilizing the development foundation and pushing for technology upgrades through stringent requirements for component efficiency [2] - Optimizing bidding rules to reduce the emphasis on price and promote a "quality over price" approach is essential for fostering a healthier market environment [2] - In international markets, measures such as differentiated tax rebates should be implemented to prevent the export of low-quality products, while encouraging companies to explore emerging markets like the Middle East and Latin America [2] Policy Support - Recent guidelines from the National Development and Reform Commission and the National Energy Administration aim to create a collaborative framework that integrates source, network, and load, driven by market and innovation [3] - A comprehensive action is underway to transition from low-level "involution" to high-quality development, reinforcing China's competitive advantages in the global energy transition [3]