Industry Overview - The photovoltaic industry is facing a financial crisis, with nearly ten leading companies reporting significant losses for 2025, indicating a downturn across the entire supply chain [1] - The industry is experiencing overcapacity and intense competition, leading to a decline in profitability despite a surge in installation capacity driven by policy changes [1][8] - The cancellation of export tax rebates starting April 1, 2026, is expected to increase cost pressures on companies, intensifying competition and survival challenges [1][10] Company-Specific Insights - Tongwei Co., Ltd. anticipates a net loss of 90 to 100 billion yuan for 2025, marking a significant increase from a loss of 70.39 billion yuan in the previous year, potentially making it the largest loss among disclosed forecasts [3] - Longi Green Energy expects a net loss of 60 to 65 billion yuan for 2025, showing signs of recovery compared to a loss of 85.92 billion yuan the previous year [6] - JA Solar Technology is projected to incur a net loss of 45 to 48 billion yuan, which may impact its employee incentive plans due to a significant gap between performance targets and actual results [4] - Aiko Solar anticipates a reduced loss of 12 to 19 billion yuan for 2025, down from 53.19 billion yuan, attributed to increased sales of high-value products [6] - Daqo New Energy expects a net loss of 10 to 13 billion yuan, while other companies like Junda and Shichuang Energy also project losses due to supply-demand imbalances [7] Market Dynamics - The solar power sector's new installations reached 274.89 GW from January to November 2025, nearing the total for 2024, with expectations to exceed 300 GW for the year [2] - The industry is witnessing a trend of mergers and acquisitions as companies face survival pressures due to limited funding sources [2][12] - The overall industry is characterized by a significant mismatch between supply and demand, with production capacity far exceeding actual market needs [8] Future Outlook - Analysts predict that the cancellation of export tax rebates will lead to increased operational pressures in the short term but may encourage a shift towards value competition in the long term [10][11] - The industry is expected to undergo a significant restructuring phase in 2026, with potential for a rebound if excess capacity is reduced and supply-demand balance is restored [12][13]

Core Viewpoint - The article highlights the emergence of BC (Back Contact) technology as a transformative force in the photovoltaic (PV) industry, shifting from a technical benchmark to a market mainstream solution that addresses industry challenges and opens new growth pathways [1]. Group 1: BC Technology Overview - BC technology places both the positive and negative electrodes on the back of the solar cell, eliminating shading on the front, which increases the area for sunlight absorption and enhances conversion efficiency [4]. - Laboratory tests show that BC cell conversion efficiency has reached 27.55%, outperforming conventional technologies by over 1.2% [6]. - BC technology has successfully addressed industry pain points such as shading, hot spots, and micro-cracking, leading to improved safety and performance in various applications [6]. Group 2: Market Applications and Growth - BC technology has expanded the potential customer base for solar installations, increasing the success rate of customer acquisition from 30% to 60% in certain scenarios [7]. - The technology is applicable across various environments, including residential, commercial, and utility-scale projects, with products designed for specific conditions such as mountainous or desert areas [7][8]. - The market share for BC technology in utility-scale applications is expected to grow by 10% annually in the coming years [8]. Group 3: Industry Collaboration and Innovation - BC technology fosters a new collaborative ecosystem in the industry, moving beyond traditional supply chain relationships to a model of open innovation and shared goals [12]. - Companies are working together to overcome technical challenges, with significant advancements achieved through collaborative efforts, such as the integration of laser technology in production processes [12][13]. - The BC ecosystem has led to innovations in materials, such as high-transparency glass, enhancing the overall value proposition of solar products [13]. Group 4: Value Creation and Market Dynamics - The shift to BC technology represents a transition from price competition to value creation, where companies must focus on delivering tailored solutions to meet diverse customer needs [17]. - BC components have demonstrated higher energy output and aesthetic appeal, particularly in high-value markets like Europe, where they have captured significant market shares [18][19]. - The technology is seen as a key driver for the future of the solar industry, promoting innovation, ecosystem collaboration, and enhanced value creation [19].

当全球光伏行业从"产能扩张"喧嚣中冷静下来 ，当全行业在思考如何打破"内卷"困局时，一项被重新定义的技术悄然崛起，从"技术标杆"转向"市场主流"， 成为行业破局的新路径。 2019-01-1 这项技术就是——BC（背接触电池）技术。它不再只是实验室中追求效率极致的皇冠上的明珠，而是正在重构光伏行业发展逻辑，被视为开启行业新一轮 增长的核心引擎。 "通过对3-4年左右的数据和测试结果的跟踪，我们发现BC技术的性能大幅度在提升，目前实验室测出来的BC的电池片转换率效率已经达到27.55%，与其他 普遍技术相比，应该有1.2%以上的优势，性能提升非常明显。"作为第三方检测机构，TÜV莱茵全球电力电子产品服务副总裁兼大中华区太阳能与商业产品 服务副总裁李卫春说。 不仅是效率的提升，一直被视为行业痛点的"防遮挡""防热斑""抗隐裂"，也被BC技术逐一破解。爱旭BC组件已经通过了莱茵TÜV的防火认证，抗遮挡性也 获得A+最高等级的认证，其在高温、遮挡环境下表面温度比常规的TOPCon技术低40摄氏度以上，热斑效应显著降低，即使对面粉厂、纺织厂这类的特殊工 商业场景也可以适用。 技术的进步和安全性能的提升，让BC技术打开了 ...

以下文章来源于华夏能源网 ，作者www.hxny.com 华夏能源网 . 能源产业与财经信息服务平台 将投中网设为"星标⭐"，第一时间收获最新推送 光伏行业的触底反转，何时来临？ 作者丨 田思 编辑丨 韩成功 来源丨 华夏能源网 离过年还有两个 多 月，多家光伏企业却传出 了提前 放假 的 消息。 近日，安徽某大厂 一则 通知 截图在光伏圈内流传。通知显示， 自 12月1日起，除保障公司基本运 行所必需的岗位外，其余硅片业务相关人员放假。假期预计5个月，并明确"鼓励 、 协助员工离职 "。 多家 大厂提前放假过年 "我感觉我们要提前过年了。" 一位大厂一线员工 表示 ， "十一"过后企业就开始大减产，5个厂区 每个车间仅开两条 产 线，一个月仅上了 10天班。 下半年，各家光伏龙头频频招人，但其实订单并不稳定。这就导致企业多次停产放假，于是又造成人 员流失。一位刚刚从某组件龙头大厂离职的员工在网上贴出出勤表：今年前 9个月 ， 他有 6个月每 月休息超过12天，最高的6月份休息了24天，而10月 1日 -11月12日，他 总共就 排了 6天班。对 于这样的排班，他直言自己"顶不住了"。 另 据 某还有人 爆料 ...