On January 17, 2023, the Ministry of Industry and Information Technology (MIIT), the National Energy Administration (NEA), and four other ministries jointly issued the Guidelines on Promoting the Development of Energy Electronics Industry (hereinafter referred to as “the Guidelines”). 

In continuance with the previous briefing released on Feb 15 on BESTAO's website, the Guidelines outline three policy direction of the industry, as follows:

·   Improve the supply of solar photovoltaic products and technologies. Set up specific development directions for crystalline silicon cells, thin film cells, photovoltaic materials and equipment, intelligent modules and inverters, systems and operation and maintenance.  

·   Improve the supply of new energy storage products and technologies. Set up specific development directions for lithium ion batteries, lithium materials and equipment, sodium ion batteries, liquid flow batteries, hydrogen energy storage/fuel cells, super capacitors, other new energy storage technologies and products, along with battery system integration, detection, evaluation and recycling, energy storage system intelligent early warning and security.

·   Improve the supply of energy electronics key information technology products. Set up specific development directions for optoelectronic devices, power semiconductor devices, sensitive and sensing devices, light-emitting diodes, advanced computing and systems, data monitoring and operation analysis systems are proposed.

In such case, more governmental encouragement and favorable policies will be made for the aforementioned products and technologies. Such measures may initiate influence on future market competition. 

If you have any question or need more information on the topic, please contact: contact@bestao-consulting.com.