Wang Bohua, honorary chairman of the China PV Industry Association (CPIA), said that the polysilicon production in China experienced its first year-on-year decline since 2013, while wafer production registered its first year-on-year decline since 2009.
Solar investments in China reached RMB29 billion (US$4.4 billion) in the first four months of the year, according to the country's National Energy Administration (NEA).
China is expected to add 83 – 99GW of PV capacity every year from 2022 to 2025, while Europe is now its largest export market for solar products, according to a China Photovoltaic Industry Association (CPIA) report on the outlook for the PV industry over the next few years.
Distributed PV installations in China topped 29GW last year, contributing more than half of total solar installations in the country for the first time.