The fast-growing new energy cable industry ushered in a new turning point

2023/06/27
Author: EVCOME-EV Chargers Manufacturers

Problems such as shortage of resources and serious environmental pollution continue to emerge in our country, and the government strongly supports the development of new energy. With the continuous improvement of new energy technology, the cost has gradually decreased, which has greatly benefited new energy cables. As of the end of 2013, China's State Grid's wind power and photovoltaic power grid-connected installed capacity reached 70.97 million kilowatts and 9.36 million kilowatts respectively, a year-on-year increase of 26% and 190%, making it the grid with the largest wind power grid-connected scale and fastest-growing photovoltaic power generation in the world. With the policy of fully guaranteed purchase, the cumulative purchased electricity was 122 billion kWh, a year-on-year increase of 40%. All parts of the country are vigorously promoting new energy power generation in response to national requirements to reduce emissions and consumption. In the process of increasing awareness of environmental protection, high requirements are put forward for new energy, new materials, new products and new processes in cable production. New energy has brought new opportunities for the construction and transformation of the cable industry. With the country's strong support for the development of new energy, entrepreneurs have sensed business opportunities, and more and more cable companies have joined the development of new energy cables. The emergence of new energy cables has broken the vicious circle of the cable market, complied with the development trend of the cable market, and has been recognized and supported by cable companies. Different from traditional cables, new energy cables have gradually become a hot spot for cable companies to compete and are increasingly sought after by cable companies. The rapid development of new energy provides a new stage for the cable industry. In the future, Chinese cable companies should grasp the development trend of the times, follow the development laws of the times, and increase efforts to develop new energy cable products that meet market demand. .

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