During H1/2022, Chinese crystalline silicon solar module production increased 54.1% to a total of 123.6 GW, while the export quantity of modules went up by 74.3% to 78.6 GW, according to the country's Ministry of Industry and Information Technology (MIIT).
The ministry's Electronics Information Division further shared polysilicon production output in the reporting period having gone up by 53.4% YoY to about 365,000 tons. As for silicon wafers, China rolled out 152.8 GW output, a total of 45.5% more than the previous year.
National crystalline silicon solar cell capacity manufactured in the country between January 2022 and June 2022 was about 135.5 GW reflecting an increase of 46.6% over H1/2021.
Overall, China's total export volume of solar PV products in the 1st half of 2022 was worth $25.9 billion, an increase of 113.1% annually.
The ministry attributed this growth to strong demand for its PV products in the overseas markets and the increased price levels. "According to industry standard announcements of enterprise information and industry associations, the main links of the national photovoltaic industry chain maintain a strong momentum of development, with a year-on-year growth rate of more than 45%," stated the ministry.
In the 1st 4 months of 2022, MIIT counted its crystalline silicon solar module shipments as 22.9 GW (see China Produced 122,000 Ton Polysilicon In 4M/2022).
Crediting China's role in bringing down the cost of solar PV globally with its massive economies of scale solar production capacity, the International Energy Agency (IEA) recently called for rest of the world to facilitate local PV manufacturing (see IEA Calls For Diversified Solar Supply Chains).