31 Mar '17, 12pm

China’s Solar PV Industry Saw Continued Recovery in 2016 https://t.co/XYngLSEvrj

China’s Solar PV Industry Saw Continued Recovery in 2016 https://t.co/XYngLSEvrj

The PV industry accelerated its expansion into global markets . Encouraged by the One Belt, One Road initiative, the Chinese government’s program to reinvigorate economic ties with countries aligning the ancient Silk Road trade routes, Chinese PV companies have built manufacturing facilities in more than 20 countries worldwide, with total capacity exceeding 5 GW. With these new facilities coming on line, China’s wafers, cells and modules saw exports decrease 11.3 percent to US$13.84 billion. Exports to emerging markets, notably, India, Turkey, Chile and Pakistan, grew significantly, while the proportion of exports to traditional markets in Europe and the U.S. fell to less than 30 percent of the total, further reducing the impact of the anti-dumping and anti-subsidy measures taken by those markets against China-originated PV products.

Full article: http://www.renewableenergyworld.com/articles/2017/03/chin...

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