According to a report by Jinshi Data on August 9, a research report by Pacific Securities pointed out that with the development of PV and energy storage parity, prices and profits are expected to reach a turning point. With the start of the interest rate cut cycle, the acceleration of overseas capacity investment and construction, and the easing of geopolitics, supply and demand will be re-matched in 2025.
Solar-storage parity has already arrived in Europe and the United States, and is accelerating in India, the Middle East and other emerging markets. With the deep clearing of domestic photovoltaic production capacity, supply and demand are expected to be reshaped quickly, and quotations and profits are expected to recover as short-term destocking accelerates.