China's PV industry posts strong growth in July-August

BEIJING - China's photovoltaic (PV) sector posted robust growth from July to August, marking rapid growth in industrial scale and output of major products of the industrial chain, official data showed.

The country produced about 233,500 tonnes of polysilicon during the period, surging 93.8 percent from a year earlier, said the Ministry of Industry and Information Technology.

The output of polysilicon wafers expanded 84.3 percent over the previous year to 98.9 gigawatts, the data showed.

During the two-month period, the output of crystalline silicon cells rose 77.9 percent to 84.7 gigawatts, while that of modules increased by 77.8 percent to 76.7 gigawatts, according to the ministry.

In the first eight months of the year, the total output of crystalline silicon PV cells exceeded 320 gigawatts, the data showed.

During the January-August period, exports of PV products rose 1.1 percent year on year to 36.17 billion U.S. dollars, said the ministry.

In its pursuit of green development, China has been the fastest-growing country in terms of newly installed PV power capacity in recent years.