Solar power generation equipment export enterprises

What are China's solar PV exports?

In 2021, the value of China’s solar PV exports was over USD 30 billion, almost 7% of China’s trade surplus over the last five years. In addition, Chinese investments in Malaysia and Viet Nam also made these countries major exporters of PV products, accounting for around 10% and 5% respectively of their trade surpluses since 2017.

What is China's trade value for solar PV module exports?

China's trade value for solar PV module exports increased to $18.1 billion in 2018 from $16.3 billion in 2017, and the average value of solar PV exports by month have continued to rise through the end of 2019 (Fig. 1).

Does China Export solar panels?

By the turn of the last century, China had increased its solar panel manufacturing primarily for export to wealthier countries, yet had achieved only very low levels of solar power utilization domestically. In 2008, China was exporting 95% of the solar products it produced (Liu & Goldstein, 2013).

Is China a leader in solar power generation technology?

China has consistently been at the forefront of global research and development in solar power generation technology. Longi Green Energy Technology Co Ltd, a leading enterprise in the photovoltaic industry in China, broke the world record last month with a conversion efficiency of 33.9 percent for silicon-perovskite tandem solar cells.

Why did China start exporting solar products in 2008?

In 2008, China was exporting 95% of the solar products it produced (Liu & Goldstein, 2013). The global financial crisis was a turning point, leading the government to introduce many domestic stimulus policies that benefited China's struggling solar companies.

Which solar PV manufacturers can compete with China?

The only other solar PV manufacturers from other countries that can compete with China on scale are Hanwha Q Cells and LG Electronics from the Republic of Korea and First Solar in the United States.