Industry News

Latest Report: Solar Cable Need Will Continue to Increase in 2022

Published by Author: Joey Wan May 29,2022

Research shows that the global photovoltaic industry has a bright future and will continue to shine. The global installed capacity of photovoltaic systems set a new record in 2021 and will set another record in 2022. Among them, the prospects of photovoltaic cables are extremely optimistic.

 

2022 will be another milestone for the photovoltaic cable industry. Research firm Wood Mackenzie predicts that the annual photovoltaic cable capacity will increase by 25% this year. The Asian PV cable manufacture market remains a global leader – China solar cable manufacturers have the potential to be the leading role in the whole photovoltaic industry.

 

While the humanitarian crisis brought about by the Russian-Ukrainian conflict is now a central issue, it has also had a profound impact on the energy landscape. There is no doubt that the PV market in Russia and Ukraine will be severely affected in 2022, in which the global supply of PV cable will also be affected by it. However JZD Cable has 8 years experiences on solar cable manufacture and since 2017 year, we started to expand to more overseas market, such as The Philippines, Australia and more south American countries. Welcome to contact us for the real time warehouse situation and we will give you a best price and deliver to you as soon as we can.

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