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China Photovoltaic Module Output Grew in February and to Climb Further in March

iconMar 9, 2023 11:18
Source:SMM
According to SMM statistics, domestic photovoltaic module output in February was about 30.64 GW, up 5.29% from the previous month. Some module companies produced actively for order delivery due in February, leading to the output growth.

SHANGHAI, Mar 9 (SMM) –According to SMM statistics, domestic photovoltaic module output in February was about 30.64 GW, up 5.29% from the previous month. Some module companies produced actively for order delivery due in February, leading to the output growth.

In addition, the recovery of demand also provided some support for module output due to bid solicitations by end-users after CNY holidays.

The fewer calendar days in February had a negative impact on production, though.

In March, as the number of calendar days increases and end-users continue to enter the market, module output is expected to reach around 35 GW.

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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