China's export of photovoltaic products reached 12.7 billion U.S. dollars in the first four months of this year, highlighting robust growth in the industry, according to data from the Ministry of Industry and Information Technology.
During the same period, the country produced 700,000 tons of multi-crystalline silicon, 320 gigawatts of silicon wafers, and 240 gigawatts of crystalline silicon photovoltaic cells, underscoring a significant increase compared to previous years.
Jiang Hua, deputy secretary-general of the China Photovoltaic Industry Association (CPIA), noted, “Statistics shows that from January to April, the growth rates of our (photovoltaic industry) output across all links were all above 40 or 50 percent, or even higher than 100 percent at some links. The scale of our industry still maintained a momentum of rapid growth.”
Experts anticipate that photovoltaic power, as a crucial form of clean energy, will continue its rapid expansion, potentially surpassing thermal power in installed capacity in the foreseeable future.
“In terms of the installed renewable power capacity represented by photovoltaic, photovoltaic has topped all the other renewable energy sources in newly-installed power supply in the past two years, and grows at a rate of more than 50 percent each year. Following this trend, photovoltaic will definitely surpass thermal power in installed capacity in the future. This is something beyond doubt,” Jiang emphasized.
