Technical FAQs 4

Does China Export photovoltaic products to Southeast Asia?

For inverters, China's exports to Southeast Asia have grown slowly, with an average annual rate of around 16.6% between 2019 and 2023, though the share of the country’s total inverter exports has declined from 8.7% to 4.4%. What should be noted is that China's overall photovoltaic product exports are increasing in quantity but declining in price.

Which country imports solar cells to Southeast Asia?

Thailand, Vietnam and Malaysia have been the top three importers in the region, and have also topped the global importer list for two consecutive years. For solar cells and components, China's exports to Southeast Asia grew at an annual rate of around 12.5% between 2019 and 2023 and reached RMB24.675 billion in 2023.

Which countries are focusing on photovoltaic power generation?

Brunei, Malaysia, and the Philippines are focusing on photovoltaic power generation, while Vietnam is promoting wind power. New energy construction in Southeast Asia will attract considerable investment from both home and abroad.

Where are Chinese photovoltaic companies expanding their business?

Capitalising on a strong domestic R&D and supply chain system, Chinese photovoltaic enterprises are expanding their business presence in overseas markets, from Europe and the United States to ASEAN, the Middle East and other regions. Countries like Thailand, Vietnam, and Malaysia are showing great market potential.

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