Chinese PV industry may reach 500 GW module capacity by year end

According to Asia Europe Clean Energy (Solar) Advisory (AECEA), this huge capacity may not be met by actual demand in the global market. Furthermore, the consultancy reveals that solar module prices should reach a price level of up to RMB 1.75 ($028)/W by the second half of the year, and that in 2021 new PV additions totaled 53 GW with more than half of this capacity being delivered by distributed generation.The Chinese photovoltaic industry may reach a total capacity of 550 GW for solar cells and 500 GW for PV modules by the end of this year, according to new figures provided by analyst Asia ...

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