Solar panel production capacity in China

What is China's solar PV production capacity?

China's solar PV module manufacturing capacity reached almost 400 gigawatts in 2022. The country's module production capacity has tripled since 2018, when it amounted to 130 gigawatts. China dominates the global solar PV manufacturing landscape. In 2021, the global module production capacity stood at 461 gigawatts.

Does China make solar panels?

China has invested over USD 50 billion in new PV supply capacity – ten times more than Europe − and created more than 300 000 manufacturing jobs across the solar PV value chain since 2011. Today, China’s share in all the manufacturing stages of solar panels (such as polysilicon, ingots, wafers, cells and modules) exceeds 80%.

Does China have a solar industry?

And despite all the turmoil, the Chinese solar industry has the manufacturing capacity to meet the demand. Discover all statistics and data on Solar energy in China now on statista.com!

How will China's solar expansion affect global solar supply chains?

After investing over US$130 billion into the solar industry in 2023, China will hold more than 80% of the world’s polysilicon, wafer, cell, and module manufacturing capacity from 2023 to 2026, according to a recent report by Wood Mackenzie titled “How will China’s expansion affect global solar module supply chains?”.

Will China hold 80% of the solar industry in 2023?

After investing over US$130 billion into the solar industry in 2023, China will hold more than 80% of the world’s polysilicon, wafer, cell, and module manufacturing capacity from 2023 to 2026.

How much money has China invested in solar?

China has invested an estimated $130 billion into its solar industry this year, according to the Wood Mackenzie report. With more than 1 TW of wafer, cell and module forecast to come online in the next year, China will have enough capacity to meet global demand through 2032, the report says.