Featured in A redrawn energy landscape – 05-2022

There’s scale, then there’s China

Against all odds, China’s gross domestic product grew by 8.1% in 2021, up 5.8% year on year. Electricity consumption grew by 10.3%, up 7.2%. Taking this into account, it’s no surprise that China’s PV industry also reached new heights. Frank Haugwitz, the founder of the Asia Europe Clean Energy (Solar) Advisory (AECEA), takes a closer look at what is still by far the world’s largest PV market.
Image: Jolywood

Despite an overall high-price ecosystem and prevailing logistical constraints, China’s module exports grew by 27% year on year in 2021 to 100.5 GW, surpassing the 100 GW mark for the first time ever – according to China’s Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCME). The most important export destinations …

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