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The 12th Five-Year Plan for photovoltaic power generation has been significantly raised, and the development of on-grid tariff policy has been put on the agenda. China's PV industry may repeat the “German marketâ€. On May 5, Li Junfeng, deputy director of the Energy Research Institute of the National Development and Reform Commission, made a clear statement on the prospects of domestic PV applications: “By 2015, the domestic PV installed capacity target will reach 10 GW (10 million kilowatts), and by 2020, the target will be at least It is going to 50GW (50 million kilowatts). This goal is much higher than the industry expectation, which means that the domestic PV installation will start the "acceleration" mode in the next decade. According to industry insiders, the formulation of the on-grid tariff policy has also been put on the agenda. Li Junfeng disclosed the above data in an interview with the reporter during the 6th Asian Solar PV Industry Forum held on the same day. He also denied the existence of the "12th Five-Year Plan for Emerging Energy." According to reports, the "12th Five-Year Plan for Photovoltaic Power Generation" prepared by the Energy Bureau of the National Development and Reform Commission will be introduced in the future. "Some targets will be written in this plan." In addition, a series of policy measures will be introduced in the future. "As for the "Emerging Energy 12th Five-Year Plan" that everyone used to say is already an old concept, there is no such plan at present." Li Junfeng said. Previously, a widely accepted saying in the industry was that during the “Twelfth Five-Year Plan†and “Thirteenth Five-Year Plan†period, the PV installation targets reached 5GW (5 million kilowatts) and 20GW (20 million kilowatts) respectively. Obviously, the latest planning goal is twice or more than the original goal. "Future global PV power generation capacity is 1 billion kilowatts. Including the US, China and India, it will be much larger than the current largest PV market in the world - Germany's installed capacity. It is expected that China's PV market will definitely be in the next 3 to 5 years. It is much bigger than the European market." Li Junfeng seems confident. Coincidentally, Wolfgang Paltz, chairman of the World Renewable Energy Committee, also said that the German market will continue to be the main driving force of the global PV industry, but in the medium and long term, the biggest driving force will not be India and the United States. It is the Chinese market. A senior executive of Suntech Power, a leading domestic PV industry, subsequently confirmed in an interview with this reporter that the “12th Five-Year Plan for Photovoltaic Power Generation†is currently being demonstrated in the industry and has solicited opinions from relevant companies. “Installation in “Planning†The goal is 10GW.†He also revealed that the industry’s most concerned about the on-grid tariff policy has also been put on the agenda. “If it is launched, it means that the scene of German PV explosive growth in the past few years will also be repeated in China.†As of now, China is already the world's largest producer of photovoltaic cells, accounting for 55% of the global market share last year. However, due to the relatively high cost of photovoltaic power generation, local PV installations are still slow. As of the end of last year, the total installed capacity of domestic PV grid-connected power generation is expected to be only around 600MW. The industry generally believes that if the PV planning target is significantly upgraded according to the above steps, it will bring more than expected development space for domestic PV companies. Among the A-share listed companies, Haitong Group (39.41, 0.00, 0.00%), which is backed by Yijing Optoelectronics, and Tianwei Baobian (19.93, 0.00, 0.00%), which is widely involved in the fields of polysilicon, film and components, All have a relatively complete photovoltaic industry chain, and it is expected to take a share from the accelerated development of China's PV market. Prior to this, manufacturers of some key raw materials were more likely to take the lead. “The photovoltaic industry will develop rapidly in the next 5 to 10 years. Under the expectation of high profit and high growth, domestic solar wafer and battery component manufacturers will expand significantly, and many enterprises will expand their production speed by more than 100%.†Guohai Securities Analysis The division expects that the demand for related accessories and equipment will usher in a new round of explosive growth in the next two years. It can be expected that once the domestic PV industry develops “relative volumeâ€, the first thing to be boosted will be these auxiliary materials and equipment sectors, especially the listed companies that have achieved localization in these two aspects. At present, the photovoltaic auxiliary materials and equipment manufacturers that have taken the lead in the initial import substitution include Jinggong Technology, Stellar Technology (16.11, 0.00, 0.00%), Tianlong Optoelectronics (27.530, 0.00, 0.00%), and Xindaxin Materials (48.830, 0.00, 0.00%) and so on.