China steers solar module export stream towards Asia

Asian countries saw the largest increase of all regions in solar module imports from China in 2023, growing by more than European nations for the first time since 2020. — Reuters

CHINA maintained its dominant grip on the export of solar panels and modules in 2023, boosting global shipments by over a third from 2022’s totals, according to data compiled by energy think tank Ember.

Total solar module exports by China, which accounts for roughly 80% of global solar exports, totalled roughly 220,000 megawatts (MW) of generation capacity in 2023, up by over 55,000 MW from 2022 as global markets seeking to boost clean energy generation snapped up components.