On July 20, Wang Bohua, honorary chairman of China Photovoltaic Industry Association, said at the seminar on the review of the development of the photovoltaic industry in the first half of 2023 and the outlook for the situation in the second half of 2023. In 2023, China's new PV installed capacity will be increased from 95-120GW to 120-140GW .
Wang Bohua said that the future market will be more difficult to predict due to uncertainties such as absorption, electricity market trading, and the progress of source network construction.
At the same time, the China Photovoltaic Industry Association raised the global PV installed capacity forecast from 280-330 GW to 305-350 GW in 2023 .
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