About Photovoltaic module exports slow down
China’s solar PV module export volumes for the months of January and February 2025 were significantly weaker than last year, according to InfoLink Consulting. The country exported about 38.52 GW of solar modules during 2M 2025, an 11% decline year-on-year (YoY) from 43.11 GW in 2M 2024.
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6 FAQs about [Photovoltaic module exports slow down]
How many GW of modules did China Export in November 2024?
China exported 15.2 GW of modules in November 2024, down 12% MoM from 17.34 GW and down 14% YoY from 17.71 GW, according to InfoLink’s customs data. China exported 219.31 GW of modules from January to November 2024, up 14% YoY from 191.81 GW.
How will India's photovoltaic industry perform in 2024?
In January and February 2024, exports of photovoltaic cells to India amounted to 5.56GW, a 308% increase year-on-year, showing explosive growth as well; low module prices offset the tariffs, and installations are expected to resume growth.
How much did module exports increase in 2024?
Module exports increased by more than 30% year-on-year, indicating strong overseas demand. According to Gaixi Consulting, the cumulative export of module s in January and February 2024 was 36.95 GW, a year-on-year increase of 33.8% and a month-on-month increase of 20.8%.
Why did the export value of inverters decrease in January & February?
The cumulative export value of module s in January and February was 5.339 billion US dollars, a year-on-year decrease of 23.4% and a month-on-month increase of 19.7%. The main reason is that the average export price dropped to 0.144 yuan/W. The export data of inverters is relatively flat due to inventory reasons.
Which countries exported a lot of solar energy in January & February?
Japan's module exports for January and February amounted to 1.14GW, a year-on-year increase of 14.81%; Australia reached 826MW, up by 21.1% compared to the same period last year; Chile exported 391MW, marking a 24.9% increase year-on-year. Europe: Significant Warming with Strong Inventory Depletion, Anticipated Growth
What is the growth rate of module exports to non-European and American markets?
Excluding India, the export of module s to non-European and American overseas markets in January and February was 20.08GW, a 55.1% increase year-on-year and a 12.1% increase month-on-month, maintaining a relatively rapid growth rate. The non-European and American overseas markets are relatively less disturbed by inventory and consumption issues.
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