What are the global low carbon targets guide polysilicon demand?

Polysilicon Powder Production Line Equipment Factory was informed of the latest polysilicon market trends: Global low-carbon goals guide polysilicon demand! As the process of industrialization continues to accelerate, global temperature warming has had a huge impact on the ecological environment. Extreme weather events such as floods, droughts, storms, ice and snow, extreme cold and heat that occur frequently around the world directly threaten the sustainable development of mankind. In order to balance the relationship between economic development and environmental protection, governments around the world have actively taken measures to deal with the huge impact of climate change on human society. In terms of addressing climate change and achieving sustainable carbon emission reductions, renewable energy is an important way to achieve the goal of carbon neutrality. As one of the most promising industries in renewable energy, the solar photovoltaic industry not only plays an important role in alleviating the energy crisis, but also makes a great contribution to reducing carbon dioxide emissions and improving climate conditions globally.

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

The application of polysilicon in photovoltaic industry

Polysilicon is the most important and basic functional material for semiconductor industry, electronic information industry and solar photovoltaic cell industry. Mainly used as semiconductor raw materials, is the main raw material for making monocrystalline silicon, can be used as a variety of transistors, rectifier diodes, thyristors, solar cells, integrated circuits, electronic computer chips and infrared detectors. Today, multi-crystal silicon is the main photovoltaic material, with a market share of more than 90%, and it is still the mainstream material for solar cells for a long period of time in the future. Its demand comes mainly from solar and semiconductor batteries. According to different purity requirements, it is divided into electronic level and solar level. Among them, the electronic grade polysilicon accounted for about 55%, solar grade polysilicon accounted for 45%, with the rapid development of the photovoltaic industry, the growth rate of solar cell demand for polysilicon is higher than the development of semiconductor polysilicon. Its end use is mainly in the production of integrated circuits, discrete devices and solar cells.

From the related reports of the latest market of polysilicon, it can be seen that the current market demand for polysilicon is very large, and the market prospect is very good.