The country's cumulative installed PV capacity reached 470 GW by the end of June, China's National Energy Administration (NEA) said. In the first six months of this year, China added 78.42 gigawatts of new photovoltaic systems, and 17.2 gigawatts were deployed in June alone. New solar power installations in the first two months of 2023 reached 20.37 GW, by 13.29 GW in March, 14.65 GW in April and 12.9 GW in May.

The China Photovoltaic Industry Association (CPIA) said polysilicon output rose 65% year-on-year in the first half to more than 600,000 tons, and wafer output rose 63% to 250 gigawatts. In the first six months of 2023, solar cell production jumped 62% to more than 220 GW, and photovoltaic module production jumped 60% year-on-year to about 200 GW. The export value of China's photovoltaic products also exceeded 29 billion US dollars, an increase of about 13% year-on-year. Europe is China's largest module export market, and Asia is China's largest market for silicon wafers and solar cells.