China export value of PV modules fell in May

Published: Jul 2, 2024 11:48
According to SMM statistics, the domestic export value of PV modules in May was 18.615 billion yuan, down 1.57% MoM.

According to SMM statistics, the domestic export value of PV modules in May was 18.615 billion yuan, down 1.57% MoM. The cumulative import and export value in 2024 was 96.763 billion yuan, down 29.24% YoY.

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

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Germany's PV Power Generation Hits Record High, Up 17.4% in 2025
53 mins ago
Germany's PV Power Generation Hits Record High, Up 17.4% in 2025
Read More
Germany's PV Power Generation Hits Record High, Up 17.4% in 2025
Germany's PV Power Generation Hits Record High, Up 17.4% in 2025
Data recently released by the Federal Statistical Office of Germany showed that Germany’s PV power generation in 2025 rose 17.4% YoY to 70.1 billion kWh, accounting for 16% of the country’s total power generation. Both the power generation volume and its share hit new highs since relevant statistics began in 2018. Germany’s PV power generation recorded YoY growth of more than 10% for two consecutive years.
53 mins ago
[SMM PV News] Japan Awards 79 MW in 27th Solar Auction; Average Price at JPY 4.61/kWh
3 hours ago
[SMM PV News] Japan Awards 79 MW in 27th Solar Auction; Average Price at JPY 4.61/kWh
Read More
[SMM PV News] Japan Awards 79 MW in 27th Solar Auction; Average Price at JPY 4.61/kWh
[SMM PV News] Japan Awards 79 MW in 27th Solar Auction; Average Price at JPY 4.61/kWh
Japan's 'Green Investment Promotion Organization' has concluded its 27th utility-scale solar auction, awarding 79 MW across 11 projects against an expected 196 MW. The selected PV facilities range from 72 kW to 29.9 MW. The final average price settled at JPY 4.61/kWh, well below the JPY 8.68/kWh ceiling. Notably, the lowest bid was JPY 0.0/kWh for a 400 kW project, which likely already secured a private corporate power purchase agreement ('PPA') and utilized the auction merely to secure grid connection. This procurement follows the 26th round, which allocated 75.3 MW.
3 hours ago
[SMM PV News] Germany's 2025 Grid: Solar Hits Record 70 TWh
3 hours ago
[SMM PV News] Germany's 2025 Grid: Solar Hits Record 70 TWh
Read More
[SMM PV News] Germany's 2025 Grid: Solar Hits Record 70 TWh
[SMM PV News] Germany's 2025 Grid: Solar Hits Record 70 TWh
Germany fed 438.2 TWh into its public grid in 2025. While solar generation surged 17.4% to a record 70.1 TWh (nearly tying with natural gas), overall renewable output dipped slightly, reducing its grid share to 58.6%. Wind remained the top energy source despite a 3.6% drop to 131.3 TWh. Conversely, fossil fuel generation increased to a 41.4% share, largely driven by a 10.2% jump in gas-fired output. Germany also narrowed its net electricity import surplus to 19.4 TWh.
3 hours ago
China export value of PV modules fell in May - Shanghai Metals Market (SMM)