CPIA: H1 Challenges and Growth Prospects Discussed for China’s PV Industry

PVTIME – On 25 July 2025, the China Photovoltaic Industry Association (CPIA) successfully hosted the Symposium on the H1 2025 PV Industry Review and H2 Outlook in partnership with Sungrow in Datong, Shanxi Province, China. The event brought together industry figures to assess the sector’s performance in the first half of the year and explore its trajectory for the months ahead.

During the symposium, CPIA Honorary Chairman Mr Wang Bohua shared his insights on the development of China’s photovoltaic industry, reviewing its progress in the first half of 2025 and outlining expectations for the second half of the year. He highlighted that the sector had had a challenging start to the year, with negative growth recorded in the output of polysilicon and silicon wafers, and declining operating rates across the entire industrial chain.

Export performance also showed a downturn, particularly in PV modules, where the earlier trend of rising volumes and falling prices shifted to declines in both. This reflects the potential for slower growth in overseas demand. However, emerging markets provided a more positive outlook, with steady growth overall, and some smaller emerging markets experiencing explosive expansion. This points to an increasingly diversified export landscape. Domestically, PV product prices fluctuated, dropping below historical lows in all segments and placing significant pressure on Chinese PV enterprises. As a result, several companies delisted or entered bankruptcy in the first half of the year.

Projections suggest that, by 2027, photovoltaic power will account for half of global electricity demand growth, leaving substantial room for increased penetration. Mr Wang Bohua also revised the 2025 installed capacity forecast upwards, from 531–583 GW to 570–630 GW. He indicated that key priorities moving forward would be stabilising industry expectations and exploring new application scenarios. In closing, he emphasised the need for robust, comprehensive regulations to guide the sector towards high-quality development. He noted that ensuring the healthy growth of China’s PV industry remains the top priority for 2025.