Separately, market research firm InfoLink has also released an analysis report based on customs data, which pointed out that from January to December 2024, China exported a total of 235.93GW of PV modules, an increase of 13% compared to 207.99GW in the same period in 2023. Comparison of Chinese PV module exports in 2023 and 2024. Source InfoLink
From January to December 2024, China exported 10.57 GW of modules to Spain, down 10% YoY from 11.75 GW, accounting for 11% of the Europe’s total, while the Netherlands led with a 40% share. The Asia-Pacific imported 4.56 GW of modules from China in December 2024, down 10% MoM from 5.08 GW and down 30% YoY from 6.56 GW.
Africa imported 1.31 GW of modules from China in December 2024, up 17% MoM from 1.12 GW and up 222% YoY from 0.41 GW. China exported 3.62 GW of modules to the Africa in 4Q24, up 164 % YoY from 1.37 GW. In 2024, cumulative shipments to the Middle East reached 11.36 GW, representing a 43% YoY increase from 7.94 GW.
It exported about 205.9 GW volume. The country’s solar PV installations during the same period added up to 181.30 GW (see China’s January-October 2024 Solar PV Installations Exceed 180 GW). With another 2 months to go, these figures can be expected to go up further.
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