China recorded a record volume of 120,427 MW of solar modules exported in the first half of 2024. This represents a 6.3% increase over the same period in 2023.
According to data from the Ember Institute, China has exported almost 720,000 MW of solar module capacity since the beginning of 2020. This performance marks a significant increase on the previous half-year record set in the first half of 2023.
The success of these exports is mainly attributed to a significant reduction in solar module prices.
On average, module prices fell to 13.7 cents per MW in the first half of 2024, compared with 18 cents per MW for the whole of 2023. This 30% drop makes Chinese solar modules the most competitive in the world.

Sorce: https://energynews.pro