China PV including solar dc cable exports demand European market

In the global energy transition wave, Europe is undoubtedly the most active market for renewable energy deployment, and the fossil energy supply crisis caused by the conflict between Russia and Ukraine has accelerated the energy transition in Europe, and the demand for photovoltaics including solar dc cable, which belongs to vital connecting part in whole system continued to increase. PV InfoLink analyzed China's customs export data in 2022. As of April, Europe has imported 24.4GW of photovoltaic modules from China, far exceeding the performance of the same period last year and other markets. It is currently the world's largest demand for photovoltaic products outside China. strong area.

According to PV InfoLink's analysis of China's customs export data, China exported a total of 49.0GW of modules in the first four months of 2022, of which 24.4GW of PV modules were exported to Europe, accounting for 50%, compared with 10.0GW in the same period last year. It has grown by 144%, which is quite significant, and the export volume to Europe shows a trend of increasing month by month, which has not been reduced due to the price increase in the supply chain this year, showing the strong demand for photovoltaic products in the region.

In terms of the size of the subdivided export market, there are currently four countries that have imported more than 1GW of modules from China, namely the Netherlands, Spain, Poland and Germany. The largest importer, the Netherlands, is the main transshipment port in Europe. Many European countries import modules through the Netherlands and have accumulated 12.1GW of module imports from China. The second largest demander in Europe, Spain, currently imports 3.3GW from China. However, Poland and Germany, the two largest countries expected to demand European demand this year, imported 1.9 and 1.4GW of Chinese PV modules from China accumulatively.

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