Pakistan first half of 2024. Has emerged as Asia’s Biggest market for Chinese solar modules, importing 10,450 megawatt (MW).
The increase is part of a larger the scene, as China exported a record 120,427 megawatt (MW) of solar capacity worldwide during the same period.
The Netherlands The list is individual market for Chinese solar exports, Europe’s share saw a decline while in South Asia, India has also seen a significant increase in solar module imports from China.
In Europe and North America, China’s aggressive pricing strategy and strong export growth point to a strong future for its solar industry.
This increase in solar module imports reflects the growing demand for renewable energy in Pakistan and other countries, underscoring the importance of affordable solar solutions in meeting energy needs.
Overall, China’s position as a leading exporter of solar technology continues to strengthen, with Pakistan and India playing an important role in the expanding market for renewable energy.