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Against the backdrop of the energy crisis in which energy consumption continues to rise globally, especially in emerging countries, and Europe is actively seeking alternative sources of Russian oil and natural gas, renewable energy industries such as solar energy and wind energy are booming.

According to statistics, renewable energy will account for nearly 13% of electricity generation in 2021. In June, EU energy ministers agreed to increase the proportion of renewable energy to 40% by 2030. Meanwhile, U.S. President Joe Biden announced in early June a two-year tariff reduction for solar modules in four Southeast Asian countries, Cambodia, Malaysia, Thailand and Vietnam, but China was not on the list. In 2020, nearly 90 percent of U.S. solar modules were imported, most of which came from Southeast Asia.

According to the International Energy Agency, China's solar panel manufacturing share is over 80%. In 2021, China's photovoltaic capacity will be 327 TWh, ranking first in the world, followed by the United States with a production capacity of 165 TWh. China's JinkoSolar, the largest player in China's solar energy industry, signed a framework agreement with Germany's Memodo in May to provide it with energy storage solutions in German-speaking countries.

Since its establishment in 2009, Beijing Multifit has focused on providing the world's first-class civilian small photovoltaic power station solutions and innovative research and development of new energy electrical products. In the future, we will continue to adhere to the development mission of "high efficiency and energy saving, allowing more people to enjoy green energy", based on the photovoltaic industry, and strive to build the company into a respected first-class photovoltaic power generation enterprise.