Photovoltaic Bracket Profits "Recover"

As one of the key auxiliary materials in the photovoltaic industry chain, the photovoltaic bracket system and its installation costs account for approximately 12%-18% of the power station investment cost, and have an important impact on the lifespan and power generation efficiency of the solar power generation system.

The raw material costs account for the largest proportion is about 70% in the cost structure of photovoltaic brackets, and steel accounts for the highest proportion of raw materials is exceeding 60%. Therefore, fluctuations in steel prices have an important impact on the profitability of photovoltaic racks. Since 2023, steel prices across the country have been running weakly, which has provided favorable conditions for the profitability improvement of the photovoltaic bracket industry.

As the world attaches greater importance to carbon emission reduction and clean energy, countries have stepped up the construction of photovoltaic power stations. As one of the world's largest photovoltaic markets, China's photovoltaic installed capacity continues to grow, providing a broad market space for the photovoltaic mounting industry. It is expected that in the next few years, with the further increase of global photovoltaic installed capacity, the market size of the photovoltaic bracket industry will continue to expand.

Cowell specialize in designing and manufacturing photovoltaic mounting systems that are specifically tailored to the needs of solar PV installations. Welcome your inquiry if anything we can help.