China Photovoltaic Industry Association: Newly Installed Capacity in China Expected to Reach 55GW-65GW in 2021

PVTIME – On July 22, China Photovoltaic Industry Association (CPIA) Honorary Chairman, Wang Bohua, presented a detailed review of the Chinese photovoltaic industry’s performance for the first half of 2021 and provided the CPIA’s outlook on the development situation for the photovoltaic industry in 2021.

CPIA Honorary Chairman, Wang Bohua, presenting the CPIA’s review for the first half of 2021. (Source: Century New Energy Network)

Wang expressed that the development trend of the photovoltaic industry was good in the first half of the year and the newly installed capacity in China’s photovoltaic market is expected to reach 55GW-65GW by the end of the year.

Wang Bohua introduced that in the first half of the year, the production capacity of China’s photovoltaic industry increased. Among them, the output of polysilicon was 238,000MT, a year-on-year increase of 16.1%. The output of silicon wafers was 105GW, a year-on-year increase of 40.0%, and the market share of large-size silicon wafers gradually increased. The output of solar cells was 92.4GW, a year-on-year increase of 56.6%, and the average conversion efficiency of monocrystalline PERC was more than 23%. The promotion speed of n-type batteries accelerated as well as enterprises began to layout mass production lines. The output of modules was 80.2GW, a year-on-year increase of 50.5%.

In addition, China’s export of photovoltaic products increased steadily. Wang Bohua said that from January to May, the export volume of China’s photovoltaic products reached about US $9.86 billion, a year-on-year increase of 35.6%. The export volume of modules was 36.9GW, a year-on-year increase of 35.1%. It is expected that the module export volume in the first half of the year could reach 44-46GW. In the first half of the year, the monthly export volume of China’s photovoltaic industry showed a relatively steady growth trend, and there was no obvious phenomenon of low and peak seasons seen in previous years.

Hou Jianren, the Deputy Inspector of the Electronics Information Department of the Ministry of industry and information, said that despite the phased supply shortage of polycrystalline silicon and photovoltaic glass and the impact of the COVID-19, China’s photovoltaic enterprises still maintained a growth trend with persistent toughness, and both the manufacturing and application sectors remained at a world-leading level.

In terms of photovoltaic application, in the first half of the year, China’s distributed newly installed capacity increased by 97.5% year on year, and the centralized newly installed capacity decreased by 24.2% year on year. Distributed installed capacity has become the main source of new installed capacity, accounting for up to 42% of all installations. The provinces of Shandong, Hebei, and Henan ranked top three in terms of newly installed household PV capacity, totaling more than 80% of all newly installed household PV capacity in China.

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