Featured in Further upstream – 10-2024

An oasis for Chinese solar

China’s solar manufacturing giants have significantly ramped up investment in Middle Eastern manufacturing and renewables projects since September 2023. Vincent Shaw examines the market and policy conditions behind this trend.

By

Vincent Shaw

04 Oct 2024

Photo: ACWA Power

China’s PV manufacturers face harsh competition in their domestic market, as well as increasing restrictions on export to markets that represent a large chunk of the global solar business. Those two factors have prompted a flurry of investment in the Middle East. TCL Zhonghuan, JinkoSolar, Trinasolar, and several other solar companies have announced significant projects …

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