China's solar industry climbed to new heights in 2023, with manufacturing, installed capacity and exports experiencing robust growth and reshaping the global landscape with continuous technological breakthroughs.
The association forecasts new PV capacity addition of 190-220 gigawatts (GW) this year, with consumption and demand for solar energy in China projected to remain high and steady in the coming years, said Wang Bohua, honorary chairman of CPIA, during a PV industry conference in Beijing on Wednesday.
Employees work on a photovoltaic production line in Hefei, Anhui province. RUAN XUEFENG/FOR CHINA DAILY China's photovoltaic industry is poised to grow further this year, with domestic installed capacity and power generation expected to maintain rapid expansion, the China Photovoltaic Industry Association said on Wednesday.
According to the China Photovoltaic Industry Association, China saw 163.88 gigawatts of new photovoltaic installations in the first 11 months, marking a remarkable 149.4 percent year-on-year growth. Most months saw triple-digit percentage surges, with March topping 400 percent.
Benefiting from a complete life-cycle supply chain and rapid advancements in PV power generation technology, China has emerged as a leader, achieving significant cost reductions and shaping the landscape of solar energy on a global scale," said Jiang Yali, a solar sector analyst at BloombergNEF.
"China's solar power global market share has exceeded 80 percent. Technological prowess is evident in continuous breakthroughs, such as achieving a 33.9 percent conversion efficiency in crystalline silicon-perovskite tandem solar cells, setting yet another world record," said Wang Shijiang, secretary-general of the CPIA.
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The Chinese Renewable Energy Industries Association (CREIA) promotes the adoption of …
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CREIA promotes the adoption of advanced technologies among renewable energy enterprises in China and actively develops capacity for the rapid industrialization of the Chinese renewable...
China''s solar industry climbed to new heights in 2023, with manufacturing, installed capacity and exports experiencing robust growth and reshaping the global landscape with continuous ...
16 solar companies reach consensus on cut-throat industry competition. The China Photovoltaic Industry Association (CPIA) convened a roundtable with multiple Chinese …
China''s solar industry climbed to new heights in 2023, with manufacturing, installed capacity and exports experiencing robust growth and reshaping the global landscape …
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On February 4, Bloomberg revealed that at least two top Chinese photovoltaic …
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The Chinese Renewable Energy Industries Association (CREIA) promotes the adoption of renewable energy in China and actively advances the commercialization of Chinese …