China’s Photovoltaic Manufacturing Booms in H1 2023 with Module Output Exceeding 204GW
China’s Photovoltaic Manufacturing Booms in H1 2023 with Module Output Exceeding 204GW

China’s Photovoltaic Manufacturing Booms in H1 2023 with Module Output Exceeding 204GW

China’s Photovoltaic Manufacturing Booms in H1 2023 with Module Output Exceeding 204GW

China’s Ministry of Industry and Information Technology (MIIT) released performance data for the nation’s photovoltaic manufacturing sector for the first half of 2023. The data showcases an industry on the rise, maintaining a stable yet optimistic growth trajectory across the key links of the photovoltaic supply chain.

As per estimates from industry standard bodies and associations, China witnessed record-breaking production numbers in the polysilicon, silicon wafer, cell, and module segments — all of which registered year-on-year growth exceeding 65%. Notably, the export value of photovoltaic products reached a staggering $28.92 billion, marking an 11.6% rise compared to the same period last year.

Breaking down the numbers:

  • Polysilicon: Between January to June, China produced over 60.6 thousand tons, a surge of 66.1% from the same period last year.
  • Silicon Wafer: In the same period, production exceeded 253.4GW, up 65.8% year-on-year.
  • Cell: Crystalline silicon cell production went beyond 224.5GW, witnessing a growth of 65.7% from the previous year.
  • Module: The crystalline silicon module segment was the standout, with an impressive output surpassing 204GW, up by 65%. Moreover, exports in this category soared to 108GW, marking a significant 37.3% year-on-year growth.

The booming growth in China’s photovoltaic manufacturing domain highlights the nation’s deepened commitment to renewable energy and its leading role in catering to global demands for cleaner energy solutions.

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