Global solar demand is projected to hit 240 GW to 270 GW this year, fueled by the accelerated global energy transition. Customs figures show that China exported nearly 89 GW of cells and modules to the world in the first half of 2022. Europe dominated this demand, importing 43 GW and accounting for nearly 50% of the total. InfoLink’s Amy Fang has also observed strong growth in China’s PV market, with distributed-generation projects contributing to 30.9 GW of new installations in the first half of 2022 – a 138% increase compared to the first half of 2021.
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