China solar exports tip over 57% month-on-month in February 2020

Mar 19, 2020 05:51 PM ET
  • The extensive Chinese New Year, as a result of COVID-19 as well as more limitations to producing re-starts as well as take a trip limitations, as anticipated, had a considerable influence on PV module exports from China in February, according to the most recent main numbers.
China solar exports tip over 57% month-on-month in February 2020

Solar element deliveries were up a little in January from the previous month, which stood at around 4.45 GW, yet were down 35% from around 6GW in the previous year duration.

Nevertheless, export information for February 2020 shows a 57.2% decrease, month-on-month and also virtually a 30% decrease, year-on-year. Export quantity in February was just about 2.83 GW.

Normally, a restricted variety of China-based PV makers control module export numbers such as leading 'Solar Module Super League' (SMSL) participant, JinkoSolar, SMSL participant, Canadian Solar, JA Solar, LONGi Solar and also Risen Energy, along with the similarity Trina Solar.

The export quantity of 10 significant PV producers made up around 83% of the February 2020 export information, or around 2.35 GW.

Lately in reporting 4th quarter and also full-year 2019 monetary outcomes, JinkoSolar kept in mind that COVID-19 had actually been credited to an approximated 400MW to 500MW of PV module deliveries being postponed from the very first quarter of 2020 to the 2nd quarter. The business additionally kept in mind that its present ability use price has actually currently gone back to 100%, lately.

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