Caixin
Sep 15, 2023 09:29 PM

Tip Sheet: Who Tops China’s Massive Solar Manufacturing Market?

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Trina Solar staff on duty at a photovoltaic power plant in Yiwu City, Zhejiang province, on July 5, 2022. Photo: VCG
Trina Solar staff on duty at a photovoltaic power plant in Yiwu City, Zhejiang province, on July 5, 2022. Photo: VCG

Few people can argue the importance of Chinese solar manufacturers to the world’s effort to shift from fossil fuel to clean energy. They occupy more than 80% of the global market in every manufacturing stage of solar panels, from polysilicon to cells and entire panels, according to the International Energy Agency.

But China’s domestic solar market is notoriously brutal. Fierce price wars, constant pressure to innovate and the inherent risks of an over-supplied market leave no room for mediocrity.

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