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The Chinese photovoltaic manufacturing industry continues to thrive, with production growing rapidly.

In July and August 2023, China’s photovoltaic manufacturing industry continued to maintain a prosperous trend, with the industry’s scale and the production of major products growing rapidly. According to calculations based on information from the photovoltaic industry standards and industry associations, the production of polysilicon, wafers, cells, and modules in China saw year-on-year growth of nearly or exceeding 80%.

In the polysilicon segment, the national production in July and August reached 233,500 metric tons, representing a year-on-year increase of 93.8%. This data demonstrates China’s strong momentum in polysilicon production, providing ample raw material support for the photovoltaic industry.

In the wafer segment, the national production reached 98.9 GW, with an 84.3% year-on-year increase. Wafers are a core material for photovoltaic modules, and the significant increase in production indicates notable progress in technology innovation and production capacity within China’s photovoltaic manufacturing industry.

The cell segment’s production reached 84.7 GW, reflecting a 77.9% year-on-year increase. Photovoltaic cells are crucial components for converting sunlight into electricity, and the rapid growth in production signifies ongoing improvements in cell technology and production processes within China’s photovoltaic industry.

The production of crystalline silicon modules was 76.7 GW, showing an approximate 77.8% year-on-year increase. Photovoltaic modules are integral parts of photovoltaic power systems, and the substantial increase in production further drives the expansion of China’s photovoltaic power generation capacity.

Furthermore, China’s photovoltaic product exports reached 32.7 GW, with an 11.2% year-on-year increase. This indicates that China’s photovoltaic manufacturing industry is continually enhancing its competitiveness in international markets, with steady growth in demand from export markets.

In summary, in July and August 2023, China’s photovoltaic manufacturing industry maintained its continuous prosperity, with rapid growth in the production of polysilicon, wafers, cells, and modules. The expansion of the industry’s scale and product output has injected strong momentum into the development of China’s photovoltaic industry and has positively contributed to the global photovoltaic market’s growth. With ongoing technological advancements and increasing market demand, China’s photovoltaic manufacturing industry is poised to continue its stable growth, becoming a significant force in the global photovoltaic industry.

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