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MIIT: Value of China’s PV Exports Rose by 113% Year on Year for First Half of 2022
2022-08-05   |  Editor:et_editor  |  66 Numbers

China’s PV industry grew rapidly during the first half of 2022, according to the country’s Ministry of Industry and Information Technology (MIIT). The main growth drivers were the worldwide efforts to achieve net-zero emissions and the widening adoption of clean and renewable energy technologies across various applications. The latest data from MIIT and other industry associations reveal that the main sections of the domestic PV supply chain posted a year-on-year growth rate of more than 45% in production volume for the first half of the year. Details are as follows:

China’s PV exports also rose in both price and volume during the first half of the year. Module exports grew by 74.3% year on year to 78.6GW. The total PV exports during the period came to around USD 25.9 billion in value, up by 113.1% year on year.