The trend of opening high and closing high continued throughout the year. Although the first quarter is usually the off-season for installation in Europe and China, the recent continuous release of new silicon material production capacity has led to a downward trend in industry chain prices, and the downstream cost pressure has been effectively alleviated, stimulating the release of installation. At the same time, overseas photovoltaic demand is expected to continue the "off-season is not weak" trend in January from February to March. According to feedback from leading component companies, the trend of component production increase after the Spring Festival is clear, with an average month-on-month increase of 10%-20% in February, and the month-on-month increase in March will further increase. Starting from the second and third quarters, with the continuous decline in supply chain prices, it is expected that demand will continue to pick up, and there may be a large-scale grid-connected wave again by the end of the year, driving the fourth quarter installation to the peak of the year.

Industry competition is becoming more and more fierce. In 2023, factors such as geopolitics, great power games, and climate change will continue to intervene or affect the entire industry chain supply chain, and international photovoltaic industry competition will become more and more fierce. From a product perspective, companies increasing their research and development of high-efficiency products is the main way to improve the global competitiveness of photovoltaic products. From an industrial layout perspective, the trend of the photovoltaic industry supply chain shifting from centralization to decentralization and diversification will become increasingly obvious in the future. It is necessary to scientifically and rationally layout overseas industrial chains and overseas markets in response to different market characteristics and policy situations, which is a necessary means for companies to enhance their global competitiveness and reduce market risks.