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

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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