2024-04-24
http://w3.windfair.us/wind-energy/news/46007-wood-mackenzie-china-solar-pv-installation-expansion-renewable-energy-technology-costs-manufacturing-capacity

Report: How will China’s expansion affect global solar module supply chains?

Image: PixabayImage: Pixabay
After investing over US$130 billion into the solar industry in 2023, China will hold more than 80% of the world’s polysilicon, wafer, cell, and module manufacturing capacity from 2023 to 2026, according to Wood Mackenzie.

Official Press Release Wood Mackenzie:

China to hold over 80% of global solar manufacturing capacity from 2023-26

Wind Industry Profile of
China to hold over 80% of global solar manufacturing capacity from 2023-26

Despite local manufacturing policies in overseas markets, China’s expansion will dominate global solar supply chain, and widen the technology and cost gap

After investing over US$130 billion into the solar industry in 2023, China will hold more than 80% of the world’s polysilicon, wafer, cell, and module manufacturing capacity from 2023 to 2026, according to a recent report by Wood Mackenzie titled “How will China’s expansion affect global solar module supply chains?”. Huaiyan Sun, senior consultant at Wood Mackenzie, and author of the report said: “China’s solar manufacturing expansion has been driven by high margins for polysilicon, technology upgrades and for developing local manufacturing in overseas markets, China will still... ... More: Official Press Release Wood Mackenzie

Keywords:
Wood Mackenzie, China, solar, PV, installation, expansion, renewable energy, technology, costs, manufacturing, capacity







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