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FarSun's Impressive Performance in the Solar Mounting Industry

2023-07-19

Solar mounting structures are an indispensable component of solar energy systems, often referred to as the "skeleton" of photovoltaic modules. Since 2023, global solar energy installations have been on a strong trajectory, leading to a flourishing market for many mounting companies. In the fierce market competition, the rivalry between solar mounting companies is no longer limited to price but encompasses various aspects such as channels, technology, production capacity, and services, representing a landscape where opportunities and challenges coexist. How can mounting companies continue to move forward?


solar supply chain


Against the backdrop of global energy transformation, the solar energy industry has entered a golden track of development, with market demand increasing day by day. According to Bloomberg New Energy Finance's forecast, the global newly added solar installation capacity is expected to reach 380GW in 2023, and markets with newly added installation capacities exceeding 1GW will surpass 31.


As a mounting company venturing into international markets, FARSUN has been actively expanding its business in Latin America, the Middle East, and Southeast Asia, aligning with international market development trends. This year, FARSUN's pioneering products have gained remarkable success in the solar markets of Japan, Vietnam, the Philippines, Myanmar, Germany, and Poland, establishing a solid brand foundation and stable customer relationships with its superb product quality and well-established marketing service system.


Based on this, FARSUN has continuously achieved remarkable breakthroughs in its performance in overseas markets, completing 70% of last year's annual performance in just the first half of 2023, representing a 30% increase compared to the same period last year.


Particularly noteworthy is the steady 40% growth in FARSUN's performance in the fiercely competitive European market from January to June, with the order volume from the top 5 partners doubling that of the entire previous year.