(Photo Credit: TaiyangNews) Between January and September 2024 this year, Chinese solar PV manufacturers together shipped 186.77 GW of solar modules, representing a year-on-year (YoY) increase of 18% compared to 157.65 GW exported during 9M 2023, according to InfoLink Consulting.
According to Tan Youru, an analyst at BloombergNEF, China exported 212 GW of solar cells and modules in the first 10 months of 2023, some 19 percent more than exports in the whole of 2022. While the value of solar product exports from China was flat in the third quarter, volumes rose month-on-month, thanks to lower module prices, he said.
Separately, market research firm InfoLink has also released an analysis report based on customs data, which pointed out that from January to December 2024, China exported a total of 235.93GW of PV modules, an increase of 13% compared to 207.99GW in the same period in 2023. Comparison of Chinese PV module exports in 2023 and 2024. Source InfoLink
China exported 15.2 GW of modules in November 2024, down 12% MoM from 17.34 GW and down 14% YoY from 17.71 GW, according to InfoLink's customs data. China exported 219.31 GW of modules from January to November 2024, up 14% YoY from 191.81 GW.
While the export market is diversifying, Europe remains the largest importer of Chinese photovoltaic products, accounting for around 52.9 percent of the total export value. Solar product exports to
Given Pakistan''s reduced demand for photovoltaic systems, it is expected that the volume of Chinese photovoltaic module imports will continue to decline in the fourth quarter of 2024. This shift
China exported as much as 21.2 GW of modules in March, a 43.1% month-on-month increase from February''s 14.8 GW, and a 56.5% year-on-year increase compared with March 2022. After experiencing
In December 2024, the five largest markets importing Chinese modules were, in order, Brazil, the Netherlands, India, Saudi Arabia, and Spain, with monthly imports making up 42% of the global total.
Exports of both PV cells and module from China in 2024 reached new highs, according to recently released customs data.
The export value also reached 15.635 billion RMB, a year-on-year increase of 134.34%, marking it as an export highlight. Central Asia, though having a smaller export volume, saw a
China''s module exports declined in November due to Europe''s off-season in Q4, India''s ALMM and focus on local capacity, and the nearing depletion of Brazil''s duty-free import quota, with a possible further
To the Middle East, Chinese solar module exports totaled 2.43 GW, a 2% MoM and a 31% YoY decline in the month of September. For Q3, it amounted to 7.43 GW and during 9M, a
Asia surpassed Europe as the largest export market for Chinese solar products in the first half of this year, the China Photovoltaic Industry Association said on Thursday. Solar modules, which took up 87
Chinese solar manufacturers exported 61.9 GW of solar modules in Q1 2025, reflecting an 8% year-on-year (YoY) decline compared to Q1 2024''s shipments of 67.62 G
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