China’s Solar Manufacturing Capacity Expands by 1,500 GW

The expansion amounted to a total of ~$13.89 billion during 1H 2023

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As the price of polysilicon materials dropped by almost 50% during the first half (1H) of 2023, solar manufacturers in China have scaled up expansion plans with silicon wafers/rods/slices reaching 442 GW, silicon materials reaching 760,000 tons and solar modules and batteries together approaching 1,100 GW during the period.

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