CPIA Wang Bohua: Photovoltaic Installed Capacity Expects to Be 85-100GW in China 2022

PVTIME – China Photovoltaic Industry Association (CPIA) held its “H1 2022 Photovoltaic Development Review and H2 Outlook Conference” via web broadcast on July 21, 2022. During the cloud conference, Wang Bohua, Honorary Chairman of CPIA, presented a detailed review of the photovoltaic industry in H1 2022 and provided the CPIA’s outlook on the development situation for the photovoltaic industry in H2 2022.

Wang Bohua introduced that in the first half of 2022, the production of polysilicon, silicon wafers, cells, and modules in China all increased by more than 45% year-on-year. The installed capacity of photovoltaic power stations was 30.88GW in H1 2022, a year-on-year increase of 137.4%. The total import and export volume of PV products was 25.9 billion US dollars, a year-on-year increase of 113%, among which the export volume of solar modules reached 78.6GW from January to June 2022, a year-on-year increase of 74.3%.

In the First half of 2022:

The output of polysilicon was 365,000 MT, an increase of 53.4%(YOY).

The output of silicon wafers was 152.8GW, an increase of 45.5%(YOY).

The output of solar cells was 135.5GW, an increase of 46.6%(YOY).

The output of solar modules was 123.6GW, an increase of 54.1%(YOY).

The highlights in technical development for the manufacturing end were the fast development of the large-scale and thin PV products, n-type products and perovskite ones.

From January to June 2022, the volume and price of photovoltaic products were increased, and the export value reached a new high. The export value of photovoltaic products (silicon wafers, cells, modules) was about $25.9 billion, a year-on-year increase of 113%. Among them, the export volume of photovoltaic modules was 78.6GW, a year-on-year increase of 74.3%.

CPIA expects continued strong global market growth in H2 2022. The global photovoltaic market may grow with an estimated installed capacity of 205 to 250GW, while the solar power installations in China are predicted to be 85-100GW as the National Development and Reform Commission, Ministry of Transportation, Ministry of Construction, and the Ministry of Industry and Information Technology are formulating relevant policies to foster growth.