2022 Annual Solar Photovoltaic Module Shipments Report
Data source: U.S. Energy Information Administration, Form EIA-63B, Annual and Monthly Photovoltaic Module Shipments Report Note: Includes both U.S. shipments and exports.
The latest monthly solar PV export data from the world's largest exporter, China, by country or region of destination. Ember China solar export dataset provides the following information: The IEA has stated that China's solar photovoltaic exports account for 80% of the global market.
Over the last 12 months, China exported 111 GW of solar modules to Europe, the same amount as the total installed PV capacity of the United States. With a total over the last 12 months of 19 GW, Brazil is the largest single destination for China's solar module exports outside of Europe.
The European Union was the biggest destination for China's PV exports in 2022, buying nearly $23 billion worth of products, up 113 percent year-on-year. This is equivalent to about 84 GW of modules, more than half of China's total module exports in 2022.
The export value, which includes photovoltaic products such as silicon wafers, cells and modules, reached about $43 billion during the first 10 months, the China Photovoltaic Industry Association said on Friday.
Separately, market research firm InfoLink has also released an analysis report based on customs data, which pointed out that from January to December 2024, China exported a total of 235.93GW of PV modules, an increase of 13% compared to 207.99GW in the same period in 2023. Comparison of Chinese PV module exports in 2023 and 2024. Source InfoLink
In December, China exported approximately 16.63GW of PV modules, a 9% increase compared with the 15.2GW in November. The ranking of countries importing PV modules from China was Brazil, the Netherlands, India, Saudi Arabia and Spain. The total monthly imports of these major countries accounted for about 42% of the global market.
Data source: U.S. Energy Information Administration, Form EIA-63B, Annual and Monthly Photovoltaic Module Shipments Report Note: Includes both U.S. shipments and exports.
This represents a 4% decrease in the rebate rate for photovoltaic exports, significantly impacting China''s PV market, which heavily relies on exports. Export tax rebates
India''s PV modules exports surged 23x, reaching $2B in FY2024, shifting from net importer to net exporter of PV products.
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According to Tan Youru, an analyst at BloombergNEF, China exported 212 GW of solar cells and modules in the first 10 months of 2023, some 19 percent more than exports in
Solar modules, which are fully assembled solar panels, accounted for 90% ($23.8 bn) of China''s total solar exports by value in the first half of 2023. Over the last 12 months,
The export value of PV modules from India increased by more than 23 times in just two years between FY2022 and FY2024, according to a
India has achieved self-sufficiency in production of solar modules; solar panels worth $ 1.03 billion exported from India in 2022-23: Union Power
CN: Export: Quantity: MoM: Photovoltaic cells: Assembled in modules or Made up into panels data remains active status in CEIC and is reported by Shandong Longzhong Information
The rapidly growing demand overseas bolstered the export of Chinese modules. According to data compiled by InfoLink, China exported 88.8 GW of modules in 2021, a 35.3%
However, India''s PV module exports to the US and Europe will likely decline starting from 2026 due to the operation of new domestic
China is expanding rapidly in the global new energy market with a ramp-up of product exports including solar modules and lithium batteries,
The Netherlands, Brazil, and Spain were the top three markets for China''s PV module exports in 2022, accounting for 46 percent of the total
Southeast Asia is a leading exporter of Solar PV modules to the U.S., with Vietnam, Malaysia, and Thailand accounting for more than half of
To address the above research gap, this paper first predicts the evolution of the global PV market from the perspective of the diffusion cycle, then analyzes the export trend of
India''s solar photovoltaic (PV) module exports to the United States of America (the U.S.) are likely to keep rising for another couple of years
Between fiscal years 2022 and 2024, India increased its import of solar modules 23-fold, primarily to the US, says IEEFA and JMK Research.
Recently, China''s General Administration of Customs released the import and export data of photovoltaic modules in May 2024, which showed that the export amount of
From January to December 2024, China exported 10.57 GW of modules to Spain, down 10% YoY from 11.75 GW, accounting for 11% of the Europe''s total, while the Netherlands led with a 40%
The IEA has stated that China''s solar photovoltaic exports account for 80% of the global market. While there is a wide variety of products that
China has announced significant changes to its export tax rebate policies, effective from December 1, impacting various industries, including photovoltaic (PV) products. In a joint
Source and disposition of photovoltaic module shipments U.S. shipments and sales to the original equipment manufacturer (OEM) for resale and export shipments are not published for certain
The export volume of the PV modules reached 78.6 gigawatts in the first six months, up 74 percent year-on-year, according to the Ministry of Industry and Information
The export value, which includes photovoltaic products such as silicon wafers, cells and modules, reached about $43 billion during the first 10
According to PV InfoLink statistics, China''s total exports of modules in 2021 reached 88.8 GW, a year-on-year growth of 35.3%. The main
Key Findings The export of Indian photovoltaic (PV) modules has risen exponentially by more than 23 times between Fiscal Year (FY) 2022 and FY2024, primarily to
The value of photovoltaic products exported by China hit a record in the first 10 months of 2023, with industry experts saying the momentum will persist through the year,
The export volumes of wafers, cells, and PV modules reached 70.3GW, 39.3GW, and 211.7GW, respectively, with year-on-year growth rates
India is one such alternative supplier, and it too is seeking to diversify its solar PV supply chain. Already, Indian solar module exports have
This year could be a transition year for US domestic module capacity growth. In fact, the real growth in domestic module supply may come
India exported $1.02 million of solar cells and modules in fiscal 2022-23, and the United States was the top destination, according to ICRA Ltd.
In December, China exported approximately 16.63GW of PV modules, a 9% increase compared with the 15.2GW in November. The
InfoLink''s customs data shows that China exported about 23.38 GW of PV modules in March 2025, up 44% MoM but down 5% YoY from 24.51 GW. China''s total module exports
India is endowed with vast solar energy potential and using this as an advantage, solar panels or solar photovoltaic power is being effectively
China has reduced the export tax rebate for solar products, lowering refunded taxes for Chinese PV exporters and eating into their profit
(iv) Imposition of Basic Customs Duty on import of solar PV cells & modules: The Government has imposed Basic Customs Duty (BCD) on import of solar PV cells and
India''s solar module exports hit $1.9 billion in fiscal 2023-24, with shipments to the US market accounting for the lion''s share of the total.
In 2024, solar PV module exports in China surpassed *** gigawatts.
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