China records 80% solar manufacturing growth in July and August

By Carrie Xiao
Facebook
Twitter
LinkedIn
Reddit
Email
Between July and August, China produced 98.9GW of silicon wafers. Image: Suntech

According to the disclosed information from the Photovoltaic Manufacturing Industry Specification Conditions and industry calculations, the year-on-year growth of production in different sectors in China, including polysilicon, wafers, cells, and modules, all approached or exceeded 80% in July and August 2023.

On 9 October, the department of electronic information of China’s Ministry of Industry and Information Technology (MIIT) released the operational data of the national PV manufacturing sector for July and August.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The report indicated that China’s PV manufacturing sector continued to operate at a high level from July and August, with sustained rapid growth in scale and major product output.

Specifically in the polysilicon sector, the national production for July and August reached 233,500 tonnes, a year-on-year increase of 93.8%. In the silicon wafer sector, the national production between July and August reached 98.9GW, a year-on-year increase of 84.3%.

In the cell sector, the national production of silicon cells from July to August reached 84.7GW, a year-on-year increase of 77.9%. Lastly, in the module sector, the national production of modules for July and August reached 76.7GW, with a year-on-year increase of approximately 77.8%. Exports reached 32.7GW, showing a year-on-year increase of 11.2%.

The cumulative production of PV cells in China exceeded 320GW for the first eight months of 2023. The export value of PV products such as wafers, cells and modules reached US$36.17 billion with a slight year-on-year increase of 1.1%.

However, there is a noticeable downward trend in prices. The average price for 2mm and 3.2mm PV calendered glass from January to August was RMB18.4 (US$2.52) per square metre and RMB25.6 (US$3.51) per square metre, respectively, representing year-on-year decreases of 12.2% and 6%.

In August, the average prices were RMB18.2 (US$2.49) per square metre and RMB25.3 (US$3.46) per square metre respectively, with year-on-year decreases of 11.7% and 5.4%.

In addition, data from the MIIT showed that the cumulative production of PV calendered glass in China reached 15.94 million tonnes from January to August, a year-on-year increase of 65.5%, with production in August reaching 2.22 million tonnes, representing a year-on-year increase of 56.6%.

27 June 2024
9am BST
FREE WEBINAR -This special webinar will take a deep dive into the latest PV ModuleTech Bankability Ratings pyramid, capturing the relative bankability status of the top 70-80 PV module suppliers globally. In addition to revealing the latest ranking of global PV module suppliers, PV Tech’s Head of Research, Finlay Colville, will show the depth of analysis and commentary included within the report for module suppliers. A key output from the webinar will be to learn which PV module suppliers have moved up the rankings pyramid in recent years and why this growth has been achieved. Conversely, some of the companies that have fallen down the rankings will be discussed, in particular those suffering from market-share losses and financial problems.

Read Next

Sponsored
June 17, 2024
This year at SNEC, the booth of Quanwei Solar Technology (QW Solar) attracted many visitors to participate in its interactive experiments.
June 13, 2024
PV Tech's coverage of the SNEC PV Power expo 2024. We are reporting live from the exhibition floor at the world's biggest PV trade show.
June 5, 2024
GCL Tech is to build the Middle East's first polysilicon plant and the company's first overseas facility in the UAE.
June 3, 2024
The REC Group has launched a new series of modules which uses heterojunction (HJT) cell technology and boasts a conversion efficiency of 22.5%
Premium
June 3, 2024
Polysilicon prices have stabilised but remain low, with average n-type prices dropping further, according to the latest industry data.
June 3, 2024
JinkoSolar has developed a new tunnel oxide passivated contact (TOPCon) perovskite tandem cell, with a power conversion efficiency of 33.24%.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
July 2, 2024
Athens, Greece
Solar Media Events
July 9, 2024
Sands Expo and Convention Centre, Singapore
Solar Media Events
September 24, 2024
Warsaw, Poland
Solar Media Events
September 24, 2024
Singapore, Asia