In 2024, the world's major photovoltaic module-demanding countries generally encountered challenges such as weak economic performance, limited grid absorption capacity and tariff barriers, causing the photovoltaic market to enter a stage of slowing growth from that year.

The term "solar photovoltaic" has become familiar to many people today. What we commonly refer to as solar power generation is actually solar photovoltaic power generation, or "photovoltaic" for short. Photovoltaic power generation is a technology that uses the photovoltaic effect at the interface of semiconductors to directly convert sunlight into electrical energy.