In 2023, production capacity release prices are expected to decline, with global installed capacity exceeding expectations by 397GW, an increase of 65%; In 2024, the growth rate of demand is expected to slow down, with a 5% increase in domestic installed capacity and a 30% increase in overseas interest rate cuts. The global installed capacity is expected to exceed 470GW, with a 20% increase; The long-term space for light storage parity is improving, and it is expected to see an average annual growth of 15-20% in the future. Domestic: It is expected that the installed capacity will be about 190GW in 2023, with a total increase of 118%; The estimated installed capacity in 24 years is 205GW, an increase of 8%. Europe: Expected installed capacity of 62GW, awaiting completion of destocking and interest rate cuts. Expected installed capacity of 78GW in 24 years, an increase of 26%; The United States: Starting a 24 year interest rate reduction cycle, with an expected installed capacity of 43GW, an increase of 39%; Emerging markets: The demand for energy transformation in the Middle East is urgent and has broad prospects, with an expected installed capacity of 12GW in 24 years.Trina solar panels

Key points:

01 Demand: Price reduction promotes parity in solar energy storage, with broad space for energy transformation

02 Industrial Chain: Overcapacity Accelerating to Bottom Out, Waiting for Supply Side Optimization

03 Technology: Continuously improving efficiency, new technologies bring new opportunities