On December 17-18, representatives from ESET SOLAR attended the 2025 China PV Industry Annual Conference held in Xi’an. As an annual grand event in the photovoltaic sector, this conference brought together representatives from industry competent authorities, authoritative experts, industry organizations, and key enterprises to conduct in-depth discussions on hot and focal issues concerning the industry’s development.
At the critical juncture of the conclusion of the 14th Five-Year Plan and the kickoff of the 15th Five-Year Plan, this conference serves as a high-end platform for collaborative dialogue across the entire industrial chain. It also presents a crucial opportunity to pool industry consensus and mobilize China’s PV industry to accelerate its transformation toward high-quality development.
Confronting Industry Pain Points Head-On
In recent years, China’s PV industry has emerged as a core force driving the global PV industry’s development, achieving all-round breakthroughs in installed capacity scale, technological iteration, scenario integration, and power grid coordination. However, behind the rapid development, the industry is also facing numerous challenges: the excessive expansion of production capacity in some links on the supply side has led to an imbalance between supply and demand; the insufficient power consumption capacity on the demand side has restricted the efficient utilization of electricity; meanwhile, adjustments to the comprehensive electricity market trading mechanism have brought about changes in the market structure; the increasing intensification of international trade barriers has squeezed the international living space. The phenomenon of industry involution has become increasingly prominent, making transformation an urgent task.
Policy Implementation for Guarantee
The topics of the conference directly addressed the pain points. To tackle the vicious involution caused by overcapacity, the conference promoted the transformation of the anti-involution initiative from a policy appeal to a practical and implementable action framework. Led by the China Photovoltaic Industry Association, the Self-Discipline Convention on Production Capacity Regulation was signed, which clearly stipulates that the industry’s new production capacity from 2025 to 2027 shall not exceed 120% of the global demand increment. Simultaneously, a production capacity early warning and monitoring platform was established to crack down on low-price dumping and fully implement the production capacity replacement mechanism, thereby accelerating the elimination of backward production capacity through rigid constraints.
Shifting Development Thinking
After a comprehensive analysis of the industry situation, the conference conveyed a key message: the trend of industry competition is shifting from competing for scale and price to for technology, quality and value. The supply-demand coordination development concept proposed at the conference is highly consistent with ESET SOLAR’s current strategic thinking. On the supply side, the company focuses on technological innovation and continuously increases R&D investment, with its global self-locking technology becoming an industry model, providing high-quality products to meet market demand. On the demand side, it actively expands application scenarios, explores new markets through refined management at the application end, and provides customized full-scenario solutions tailored to the characteristics of different regions such as mountainous areas, deserts, and coastal areas, as well as different climates including strong winds, rain and snow, salt spray, high temperature, and high humidity, leading the improvement of value through technology and services.
Jointly Building a Win-Win Model
A key consensus was reached at this conference: the strength of China’s PV industry cannot rely solely on the scale advantages of several manufacturing links; instead, it is necessary to build an industrial ecosystem that is more resilient, more innovative, and coordinated between upstream and downstream. Future competition will no longer be a “zero-sum game” between individual enterprises. ESET SOLAR has always adhered to the principle of joint construction and win-win results in the industry, connecting upstream and downstream resources to provide comprehensive services for global customers. In the future, it will further enhance its industry coordination capabilities and work together to open up new space for development.
After the conclusion of the industry conference, a new era of high-quality development for the PV industry has begun. ESET SOLAR will focus on the direction of high-quality development, join hands with partners in the industrial chain, and jointly build a new ecosystem for the PV industry that resists involution and creates value.
