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Date November 18, 2024
InfoLink Consulting participated as a distinguished speaker at the PV New Material (Encapsulant) Technology Innovation Forum held on Nov. 12-14 in Jiangsu.

As one of the featured speakers, InfoLink’s analyst Vikey Zhao provided insights on global solar market trends and outlook, with a focus on encapsulant technology development, and supply-demand dynamics of encapsulant resin.

Zhao’s presentation highlighted how global market growth rates are gradually stabilizing, with forecast indicating shifts in regional demand across Asia-Pacific, Europe, the Americas, and emerging markets.

InfoLink’s data reflects the slowing growth rate of global solar demand as the market approaches maturity, though innovation in materials and technology continues to drive competitive advantage and efficiency gains​.

Zhao highlighted significant advancements in high-efficiency cell technologies, particularly the shift towards n-type wafer adoption, which is rapidly gaining market share over traditional p-type technologies. This shift is supported by the industry's demand for higher efficiency and durability, positioning n-type technology as a leading solution for the next generation of photovoltaic modules.

According to Zhao, TOPCon and HJT technologies will see increased adoption, with projections indicating substantial growth in production capacity for these high-efficiency cells through 2028.

In the encapsulant sector, Zhao said that the critical role of EVA and POE materials in enhancing module performance and longevity. She shared the pricing trends and supply forecasts for EVA and POE encapsulant particles, detailing how material availability will impact production costs and technology choices within the photovoltaic supply chain.

She also explained that as encapsulant quality and consistency become essential to meet evolving technical standards, demand for POE is anticipated to grow, especially in regions favoring glass-glass modules for durability and performance​.

The forum, hosted by the Beijing Advanced Chemical Materials Technology Research Institute (ACMI) and supported by the ZPVA Photovoltaic Industry Alliance, centered on encapsulation materials, addressing pressing industry demands amidst the rapid expansion of solar installations driven by global carbon neutrality goals.

InfoLink’s participation underscored its commitment to empowering industry stakeholders with real-time market intelligence and strategic analysis, positioning itself as a trusted source of expertise in the renewable energy sector.

About InfoLink
InfoLink Consulting is a market research and consulting firm engaging in renewable energy and technology industries. Working alongside industry leaders and up-start businesses, InfoLink strives to empower them with real-time market intelligence, analytic reports, data research, and customized consulting services.

 
PV Bill of Material Market Report

PV Bill of Material Market Report

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