Wind and solar surpassed a quarter of China's electricity generation for the first time in April 2025. China is the largest market in the world for both photovoltaics (PV) and solar thermal energy. The China Solar Photovoltaic (PV) Market Report is Segmented by Type (Monocrystalline-Si, Multicrystalline-Si, Thin-Film, and Tandem/Perovskite), Deployment (Ground-Mounted, Rooftop/BIPV, Floating PV, and Others), and End-User (Residential, Commercial and Industrial, and Utility). Rapid solar capacity expansion overwhelms the grid, PV manufacturers compete for market shares, and then large target markets slap import tariffs on Chinese PV products, taking off their competitive edge. So there is a lot of uncertainty in the. In 2025, China's solar sector transitioned from a phase of aggressive expansion to one of confronting the systemic risks of its own manufacturing dominance. The period between 2021 and 2024 was defined by rapid, state-driven capacity build-out to meet ambitious national targets. According to Enerdata, the top 25 manufacturers increased their combined shipments. IEA PVPS has released the latest National Survey Report of PV Power Applications in China 2024, prepared by Task 1 with data from the National Energy Administration (NEA) and the China Photovoltaic Industry Association (CPIA). The report provides a comprehensive overview of PV market development.
