January-April module exports reached 69.8 GW – pv magazine International

The China Photovoltaic Business Affiliation (CPIA) introduced that PV product exports from China – together with silicon wafers, cells, and modules – generated $19.35 billion in turnover from January to April 2023, marking an 18.9% growing year-on-year. Silicon wafer exports elevated by 61.3% yearly to 16.9 GW, cell exports elevated by 84.8% yearly to 12.4 GW, and module exports reached 69.8 GW, a rise of 41.7% yearly. The principle markets for the wafers embrace Vietnam, Thailand, Malaysia, South Korea, and Taiwan. As well as, a report by Wooden Mackenzie revealed that China’s PV module, cell, and wafer exports will improve by 64% to $52 billion by 2022.

Aiko Photo voltaic canceled its plan to concern GDRs on SIX Swiss Exchanges. In an announcement, the corporate defined that this resolution was made after thorough evaluation and discussions with related stakeholders, bearing in mind the adjustments within the native and worldwide markets, situations the corporate’s financials, capital necessities, and long-term strategic planning. Presently, Aiko Photo voltaic operates 4 factories in Foshan, Yiwu, Tianjin, and Zhuhai, with a mixed monocrystalline PERC photo voltaic cell capability of roughly 36 GW. As well as, the corporate plans to construct a brand new facility in Shandong province with an annual capability of 30 GW for cells and modules.