In the global wave of carbon reduction, Chinese equipment manufacturing companies are an important force. This is especially evident in the fields of photovoltaics and power batteries. Photovoltaics is one of the most effective technologies in transforming the way energy is used. Solar photovoltaic power generation has become an important source of power generation globally. According to statistics from the National Energy Administration, China's new grid-connected capacity will be 216.3 million kilowatts in 2023. Among them, there are 120.01 million kilowatts of centralized photovoltaic power stations, 96.28 million kilowatts of distributed photovoltaics, and 43.48 million kilowatts of household photovoltaics. This is equivalent to reducing domestic carbon dioxide emissions by billions of tons. China is already the largest manufacturer and exporter of photovoltaic products. In Europe and Southeast Asia, China's photovoltaic modules are distributed in various power stations, bringing green energy to many countries around the world.
Behind this is China's strong equipment manufacturing capabilities. China's new energy equipment companies use technology to help photovoltaic companies produce and manufacture high-efficiency cells and components. They not only contribute to China's dual carbon goals, but also contribute to the green development of other countries around the world. Electric vehicles have unique advantages in terms of low emissions and environmental protection. China's new energy equipment companies are striving to develop into a leading company in green and smart energy, create a vision of a sustainable green energy world, improve business quality, enhance research and development capabilities, assist in energy structure reform, and contribute China's strength to the "double carbon" strategy. "
China's new energy equipment companies adhere to the concept of green development, continue to improve the environmental management system, clarify the carbon neutral business blueprint, and implement new solutions for energy conservation and carbon reduction from technology empowerment, intelligent manufacturing, green operations, low-carbon products and other aspects. and new models, bringing together the carbon reduction paths of operations, products, and manufacturing departments, and using technology to promote green value chains and supply chains.
In recent years, photovoltaics has continued to develop rapidly at home and abroad by virtue of its green and environmentally friendly advantages, with installed capacity and technological iteration and innovation showing spiral growth. The overseas tracking bracket industry started early, has mature technology, and has gained high recognition in the downstream. At the same time, the accelerated construction of large domestic bases and other projects has also brought a broad market for the application of tracking brackets, and tracking brackets are expected to accelerate penetration. It is estimated that the global installed capacity of ground photovoltaic power stations (excluding rooftops) photovoltaic systems is expected to reach 194GW in 2028.
For us, Multifit, we need to seize this opportunity and take advantage of the continuous expansion of the photovoltaic market to introduce our photovoltaic equipment and photovoltaic cleaning equipment to our potential customers, so that they can familiarize themselves with the performance and quality of our products, and ultimately place successful orders. And actively participate in domestic and international exhibitions, for example, at this year's 135th Canton Fair, we will send a luxurious lineup to participate in the exhibition. At this Canton Fair, we have to fully demonstrate our latest products to these potential customers and seize these opportunities that allow our end customers to experience our products for the first time.
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