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Record quantities of clean energy technology and equipment are being shipped abroad by China, with demand for renewables climbing sharply because of the energy crisis triggered by the Iran war, a report issued on 29 October says. According to the analysis by the Finland-based Centre for Research on Energy and Clean Air (CREA), these 2026 exports, once installed or deployed, are expected to prevent roughly 450 million tonnes of carbon dioxide emissions annually — about the same as Brazil’s yearly emissions.
The finding arrives as worldwide efforts to curb climate change remain insufficient. Turkiye is due to host the annual UN climate talks in November, with electrification anticipated as a leading theme. Lauri Myllyvirta of CREA called the situation a turning point for the global energy and emissions outlook, noting that clean energy growth is far outpacing what was forecast only a few years ago.
China remains by far the biggest worldwide supplier of renewable energy equipment, spanning solar panels, wind turbines, electric vehicles and batteries. The bulk of its output goes to the domestic market, though a substantial portion is shipped overseas. CREA recorded, for January through September 2026 versus the same period a year earlier, a 61 per cent rise in electric vehicle exports, a 45 per cent increase in wind turbine shipments, a 39 per cent jump in battery exports and 22 per cent growth in solar equipment sales abroad.
Southeast Asia figured prominently as a destination. According to Ember, an independent global energy think tank, China’s clean energy exports to that region climbed almost 160 per cent from last year through September. Research firm Atlas Public Policy put the value of China’s electric vehicle exports at $72.8 billion (EUR65bn) in the first nine months of this year, compared with $39.7 billion (EUR35.5bn) a year earlier.
Should those export patterns hold through the remainder of 2026, CREA calculates that around 8,400 million tonnes of carbon dioxide would be avoided over the operating lifetime of all clean tech shipped by China this year. That amounts to roughly 24 per cent of yearly global emissions — exceeding the combined emissions of the United States and India.
CREA’s analysis draws on export figures, the power systems of destination countries and Chinese emissions from manufacturing. Independent specialists described the estimate as consistent with the scale of China’s exports, though they could not verify the underlying data. Even with the higher tariffs imposed under President Donald Trump, Chinese clean tech exports to the US increased 13 per cent in January-September versus a year before. Myllyvirta said demand proved considerably stronger than anticipated and called that notable.
China is simultaneously the largest global provider of clean tech equipment and the biggest source of carbon emissions worldwide. Muyi Yang, a senior policy analyst at Ember, compared China’s energy transition to swapping a ship’s engine while the vessel is still at sea.
War-related interruptions to shipping through the Strait of Hormuz — normally the origin of a fifth of the world’s oil and gas — struck import-reliant Asian nations first and most severely. According to Yu Sun Chin of the research group Zero Carbon Analytics, renewed appetite for clean energy options will probably endure beyond the war. Electricity and fuel costs have risen for consumers in Southeast Asia, who are turning to renewable alternatives such as rooftop solar.
Laos, Thailand and Vietnam have introduced assorted incentives for solar installation and electric vehicle purchases aimed at cutting reliance on imported fossil fuels. The Philippines adopted comparable policies and ranked as the second-largest destination for Chinese solar exports in the first quarter of 2026. Indonesia has committed to installing 100 gigawatts of solar power by 2029. Chin said the wave of clean energy policies across Southeast Asia signals a paradigm shift, and that with the region among those most exposed to climate impacts, every reduction in emissions counts toward limiting global temperature rise.
Interactive table based on the Store Companies dataset for this report.
This report provides an in-depth analysis of the Solar Panels market in China, covering market size, growth trajectory, demand structure, supply capability, trade flows, pricing, competitive landscape, and forecast to 2035.
The study is designed for manufacturers, distributors, importers, exporters, investors, procurement teams, advisors, and strategy teams that need a consistent, data-driven view of market dynamics and a transparent analytical definition of the product scope.
This report covers photovoltaic (PV) solar panels, which are devices that convert sunlight directly into electricity. It encompasses the global market for finished modules, including all major product technologies and form factors designed for a wide range of end-use applications.
The report combines the standard market-statistics backbone with strategic chapters that are useful for commercial planning, sourcing decisions, market entry, competitor monitoring, and portfolio prioritization.
The market is segmented into decision-relevant buckets so that demand drivers, pricing logic, supply constraints, and competitive positions can be compared across the same analytical frame.
The market data is classified and analyzed according to international trade codes, primarily under the Harmonized System (HS) headings for photovoltaic cells and electric generating sets. This ensures consistent tracking of trade flows for assembled solar modules and relevant apparatus across global markets.
Coverage focuses on China and includes demand, supply capability where present, trade flows, pricing, competition, and outlook.
The report combines official statistics, trade records, company disclosures, product-level evidence, and analyst validation. Data are standardized, reconciled, and cross-checked to keep market sizing, trade flows, pricing, and forecasts comparable across countries and time periods.
All indicators are mapped to a consistent product definition and reviewed against the segmentation framework used in the Table of Contents.
Report Scope and Analytical Framing
Concise View of Market Direction
Market Size, Growth and Scenario Framing
Commercial and Technical Scope
How the Market Splits Into Decision-Relevant Buckets
Where Demand Comes From and How It Behaves
Supply Footprint and Value Capture
Trade Flows and External Dependence
Price Formation and Revenue Logic
Who Wins and Why
How the Domestic Market Works
Commercial Entry and Scaling Priorities
Where the Best Expansion Logic Sits
Leading Players and Strategic Archetypes
How the Report Was Built
JinkoSolar is a major Chinese producer of finished PV modules.
LONGi supplies monocrystalline modules for utility and distributed projects.
Trina produces modules for utility, commercial and residential projects.
JA Solar sells finished modules across major PV applications.
Tongwei has expanded from cells into finished module production.
CSI Solar manufactures modules and develops solar projects.
GCL SI supplies finished PV modules for power projects.
Astronergy is the solar module business of CHINT.
Risen supplies modules for utility and distributed generation.
DAS Solar produces n-type and other PV module products.
Aiko sells ABC technology modules as well as solar cells.
Yingli remains an established Chinese PV module brand.
Suntech supplies crystalline silicon modules.
Seraphim’s business includes module manufacturing and project supply.
TCL Zhonghuan markets finished modules under its solar business.
Jolywood produces n-type photovoltaic modules.
Huansheng is a joint venture focused on high-efficiency modules.
The company manufactures modules for distributed and utility projects.
Akcome’s solar business includes finished module products.
Qcells operates a China manufacturing base for solar products.
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