China's PV module Output In September And Forecast For October

SHANGHAI, Oct 11 (SMM) –

SMM data reveals that China's PV module production in September was approximately 47.78GW, down 5.27% MoM. The profitability of photovoltaic modules has not significantly improved, with third- and fourth-tier companies still burdened by losses. Consequently, some smaller factories opted to cut down or halt production, leading to a drop in September's expected production. In October, the operational rates of small factories are unlikely to change significantly, with the increase primarily attributed to first- and second-tier companies. Notably, one first-tier company is expected to contribute an increase of nearly 1 GW.