Do global low-carbon goals guide polysilicon demand?

The global low-carbon target guides polysilicon demand! With the acceleration of industrialization, global warming has had a huge impact on the ecological environment. For example, extreme weather events such as floods, droughts, storms, ice and snow, extreme cold and extreme heat that occur frequently around the world directly threaten the sustainable development of human beings. In order to balance the relationship between economic development and environmental protection, governments of various countries have taken active measures to deal with the huge impact of climate change on human society. In terms of coping with climate change and achieving sustainable carbon emission reduction, renewable energy is an important way to achieve the goal of carbon neutrality. As one of the most promising industries for renewable energy, the solar photovoltaic industry not only plays an important role in alleviating the energy crisis, but also makes great contributions to reducing carbon dioxide emissions and improving climate conditions globally.

According to the forecast of the International Energy Agency, by 2050, after the world achieves the goal of net zero carbon emissions, solar energy will become the main source of energy accounting for one-fifth of the total energy supply, and the cumulative installed capacity of photovoltaic power generation will also reach 2020. 20 times as much. Furthermore, by early 2025, renewable energy combined will become the largest source of electricity generation globally. From 2022 to 2027, the world’s newly installed renewable energy capacity will double that of the previous five years, and the total amount of solar power generation is expected to exceed coal-fired power generation by 2027. Relevant professionals said: The global photovoltaic market is in a stage of rapid development. As an indispensable core raw material for photovoltaics, polysilicon, its demand will continue to grow rapidly in the next few years, and the silicon material market will continue to maintain a high degree of prosperity.

Application of Polysilicon in Photovoltaic Industry

Polysilicon is the most important and basic functional material in the semiconductor industry, electronic information industry, and solar photovoltaic cell industry. It is mainly used as a raw material for semiconductors and is the main raw material for making single crystal silicon. It can be used as various transistors, rectifier diodes, thyristors, solar cells, integrated circuits, computer chips, and infrared detectors. Today polycrystalline silicon is the main photovoltaic material, with a market share of more than 90%, and it will still be the mainstream material of solar cells for a long period of time in the future. The production technology of polysilicon materials has been in the hands of 10 factories of 7 companies in 3 countries including the United States, Japan and Germany for a long time, forming a situation of technology blockade and market monopoly. Its demand mainly comes from solar energy and semiconductor cells. According to different purity requirements, it is divided into electronic grade and solar grade. Among them, electronic-grade polysilicon accounts for about 55%, and solar-grade polysilicon accounts for 45%. With the rapid development of the photovoltaic industry, the growth rate of polysilicon demand for solar cells is higher than that of semiconductor polysilicon. Its end use is mainly in the production of integrated circuits, discrete devices and solar cells.

It can be seen from the relevant reports on the latest polysilicon market that the current market demand for polysilicon is very large, and the market prospect is bright.