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The European market's demand for Chinese photovoltaics continues to increase

2022-07-28

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 Continued to increase.

Judging from 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, and currently the world's strongest demand for photovoltaic products outside China. area.

In the first four months of 2022, China exported a total of 49.0GW of modules, of which 24.4GW of PV modules were exported to Europe, accounting for 50% of the total. Compared with the 10.0GW in the same period last year, it increased by 144% year-on-year. The growth is quite significant. Moreover, the export volume to Europe has shown a trend of increasing month by month, which has not been reduced due to the supply chain price increase this year, which shows the strong demand for photovoltaic products in the region.
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