China Remains Largest Producer of Solar PV Modules
China continues to be the largest manufacturer of solar modules in the world. Globally, the Asia-Pacific region (APAC) has the maximum share of installed capacity, at around 61%, with China’s installed capacity about 18.43 GW in 2015. China held about a 23% share of the world’s c-Si installed capacity, and a 2.46% share of the thin-film installed capacity in 2015. Being a manufacturing hub, with favorable conditions for the manufacturing industry, China has maintained its position in the market for the eighth consecutive year.
US held the second largest share in the solar PV market replacing Japan to third position, with installed capacity of 8.2 GW and 8 GW respectively, in 2015. Of the world’s c-Si capacity share, Japan held 25% and, in 2014, its thin-film production share was 26.36% – second to Malaysia, which contributed around 40%.
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