China reports fast H1 output growths across PV industrial chain

Staff members inspect a photovoltaic (PV) power station in Gonghe County of Hainan Tibetan Autonomous Prefecture in northwest China's Qinghai Province, Feb. 8, 2022. (Xinhua/Zhang Long)

BEIJING, July 23 (Xinhua) -- China's photovoltaic (PV) sector posted robust growth in the first half of this year with major links of the industrial chain registering year-on-year growth rates of over 45 percent.

The half-year output of polysilicon, wafers, cells and modules expanded 53.4 percent, 45.5 percent, 46.6 percent and 54.1 percent year on year respectively, according to the Ministry of Industry and Information Technology.

Strong overseas market demands drove up the export volume and value of China's PV products. The country's PV exports totaled roughly 25.9 billion U.S. dollars during the Jan.-June period, surging 113.1 percent over one year ago, according to the ministry.