Export Volume of PV Products Hitting a New Record An Estimation of 20% Increase For the Whole Year

According to data, from January to July, 2023, export volume of PV products achieved USD 32 billion, presenting an increase of 6%, hitting a new record. According to the estimation of Zhang Sen, Secretary-General of PV Branch Committee of China Chamber Of Commerce For Import And Export Of Machinery And Electronic Products, due to the increase in installation demands of PV in Southeast Asia, Europe and Africa and Latin America, enterprises are accelerating overseas deployments. Due to the fact that demands exceed supplies in terms of N type batteries and The International Energy Agency presents significant increase in expectations for global installed PV capacity, export volume of PV products in 2023 hopefully will achieve USD 60 billion, presenting an increase of 20%.