Photovoltaic listed companies are about to add new force. Recently, the IPO of Shangneng Electric has been successful. Jiang Han, a special researcher of Suning Financial Research Institute, said, "in recent years, the meetings of photovoltaic enterprises actually represent a more profound recognition of the capital market on the green energy industry. For photovoltaic enterprises, the increase of IPO meetings represents that the whole market is optimistic about photovoltaic, especially the capital market is optimistic about photovoltaic financing, which will have great benefits in enterprise financing and enterprise capital chain management.

It is understood that the investment cost of solar power generation has decreased by 90% in the past decade, and the conversion efficiency of solar cells has increased from 0.3% - 0.5% in the past year to more than 1%. In the future, solar power generation will become one of the cheapest energy sources in the world. Some industry analysts, who did not want to be named, said that "the cost of photovoltaic power generation has yet to continue to drop before it can be put on the grid at a low price.". Cui Guotao, an analyst at Guokai securities, said that in the list of the first batch of wind power and photovoltaic power generation projects published in May 2019, the installed capacity of photovoltaic is 14.78 million kilowatts, accounting for 71.2%. The "letter of opinion" continues the idea of parallel bidding and parity access. With the withdrawal of subsidies approaching, China's photovoltaic power generation side parity access process began to speed up. In the first half of 2019, the global installed capacity of photovoltaic power generation is about 47gw. Jiang Han said, "from the perspective of capacity, China's photovoltaic industry actually showed a certain degree of overcapacity in 2013 and 2014. In the state of overcapacity, the development of overseas markets to digest overcapacity is undoubtedly a key and general trend of the development of photovoltaic industry. "From the point of view of Shangneng electric, which just passed the IPO meeting, the company set up a factory in India in 2017 and gradually radiated its business to Southeast Asia, the Middle East, Africa and other countries with rapid growth in new investment in photovoltaic power generation. At present, it has helped Vietnam, India and other overseas customers to access the Internet at low price.

The analyst, who did not want to be named, said, "many enterprises attach great importance to the increment of overseas markets and have high growth. The new installed capacity of global photovoltaic is expected to reach about 150gw by 2020. "The data shows that from January to November in 2019, the export volume of PV modules in China increased by 68.95% to 59.06gw year on year. From the perspective of the current development scale of photovoltaic enterprises, Tianyan data shows that as of December 30, 2019, there are 298900 registered enterprises with "photovoltaic" in their business scope, among which 255700 are in business, existing or moving out status, 41800 are cancelled or revoked status. As for the future development of the photovoltaic industry, Jiang Han said, "in terms of the photovoltaic industry development of China and the United States, China has actually occupied a certain degree of leading edge. From this point of view, we can expect the photovoltaic industry to develop better next year. "