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China's PV industry reports robust output growth in H1

July 28, 2023


Abstract : China's photovoltaic (PV) sector posted robust growth in the first six months of 2023 with major products of the industrial chain logging over 60 percent year-on-year growths in output, according to China Photovoltaic Industry Association.

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Photo taken on March 25, 2022 shows silicon wafers at a monocrystalline silicon solar cell factory of LONGi Green Energy Technology Co., Ltd. in Xi'an, northwest China's Shaanxi Province.(Xinhua/Shao Rui)

BEIJING, July 28 (Xinhua) -- China's photovoltaic (PV) sector posted robust growth in the first six months of 2023 with major products of the industrial chain logging over 60 percent year-on-year growths in output, according to China Photovoltaic Industry Association.

During the period, the country produced about 600,000 tonnes of polysilicon, over 250 gigawatts of silicon wafer and more than 220 gigawatts of battery wafer, official data showed.

In the first half of the year, the country saw a steady expansion of the construction of large-scale PV bases and the application of distributed photovoltaics, with the country's newly-added installed PV capacity reaching 78.42 million kilowatts, up 154 percent year on year.

The investment in PV sector during the period exceeded 130 billion yuan, accounting for about 50 percent of the total investment in renewable energy.

Strong demands for new energy in overseas markets drove up the exports of China's PV products. The country's PV exports totaled 29 billion U.S. dollars in the first half, increasing by 13 percent year on year, the data showed.

(Edited by Tian Shenyoujia with Xinhua Silk Road, tianshenyoga0524@163.com)

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Keyword: PV industry

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