How will China's Solar Exports affect Clean Power?

China currently produces around eight out of every ten solar panels, and the growth in Chinese exports has global implications for the scale-up of clean power. The data reveals that Europe accounted for 52.5% of the value of China’s solar exports in the first half of 2023.

How many solar modules are exported from China in 2022?

Exports of solar modules from China to the rest of the world have increased 34% year-on-year, growing from 85 GW in the first half of 2022 to 114 GW in the same period this year, which is almost as much as the total exported over the whole of 2021.

Does China Export solar panels?

China has at least 80% of the global market share in solar manufacturing capacity, making Chinese exports an important dataset for tracking the clean energy transition. In the first half of 2023, exports of solar panels from China grew by 34%, with 114 GW shipped worldwide, compared to 85 GW in the same period last year.

Which country exports the most solar panels in 2023?

The data reveals that Europe accounted for 52.5% of the value of China’s solar exports in the first half of 2023. Solar modules, which are fully assembled solar panels, accounted for 90% ($23.8 bn) of China’s total solar exports by value in the first half of 2023.

Which countries will produce the most solar products in 2022-26?

Estimates by Pingan Securities show that China will account for a large proportion of solar product exports during the 2022-26 period. It is expected to account for less than half of the major markets worldwide with Europe and South America being the major growth markets.

What is the Ember China solar export dataset?

Ember China solar export dataset provides the following information: The IEA has stated that China’s solar photovoltaic exports account for 80% of the global market. Ember’s China solar exports dataset is sourced from the General Administration of Customs of the People’s Republic of China (GACC): Data is available from 2017 to present.