exports

Despite strong numbers forecast for 2025, this would represent a year-on-year decline from China's 277GW of solar PV installed in 2024.

Daqo New Energy posted losses of US$65.3 million in the fourth quarter of 2024, and end-of-year losses of US$212.9 million.

Exports of both PV cells and module from China in 2024 reached new highs, according to recently released customs data.

Between fiscal years 2022 and 2024, India increased its import of solar modules 23-fold, primarily to the US, according to a new report from IEEFA and JMK Research.

Leading Chinese module manufacturer JinkoSolar has published its financial results for the first quarter of 2024, which include over 21GW of shipments and total revenues of RMB23.04 billion (US$3.19 billion), a slight year-on-year (YoY) fall.

JMK Research has found that India installed 6.5GW of new utility-scale capacity in 2023, alongside 3GW of new rooftop capacity.

While an abundance of Chinese modules could help meet climate change targets, such a reliance could leave many countries delicately balanced.