China's newly installed solar capacity, module exports jump in Q1

Strong demand from Europe bolsters equipment sales

20230509 China Solar Panel

Chinese grid-connected installed solar power capacity jumped 155% year-on-year in the three months through March. © Reuters

ZHAO XUAN and DING YI, Caixin

China saw robust growth in newly installed solar power capacity and exports of photovoltaic modules in the first quarter as supply chain prices continued to fall and strong demand from home and abroad, especially Europe, bolstered shipments.

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