Southeast Asia''s Solar Cell Production To Jump Up To 68 GW By
In its report Q2 Southeast Asia Solar Supply Chain Map (SSCM), the analysts count the region''s combined production capacity for solar cells to grow from 50 GW now to 68 GW by
Ever since finding themselves in the crosshairs of US import tariffs in 2012, Chinese solar manufacturers began shifting their production to Southeast Asia to circumvent trade barriers. More recently, overcapacity and brutal price wars in China's domestic market have accelerated these international relocations.
In little over a decade, Southeast Asia has become one of the world's top exporters of solar power equipment – a success driven significantly by the relocation of Chinese manufacturers to the region. But now, the sector faces considerable challenges as US tariffs cut off their main export market, intensifying pressure on a previously booming trade.
Southeast Asia's solar exports have primarily targeted the US, with more than 80% of the equipment it imported in the first half of 2024 sourced from Malaysia, Vietnam, Thailand and Cambodia, according to BloombergNEF. But this successful run is now under threat.
Notable Chinese solar investments include Trina Solar's two factories in Vietnam, producing silicon wafers and solar cells, with a third, USD 454 million, 25-hectare facility announced.
In its report Q2 Southeast Asia Solar Supply Chain Map (SSCM), the analysts count the region''s combined production capacity for solar cells to grow from 50 GW now to 68 GW by
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Hong Kong-based Sinovoltaics has recently released the inaugural edition of its Southeast Asia Solar Supply Chain Map 2025, offering valuable insights into the rapidly changing solar
According to the Asia Society, this investment surge has been driven by Chinese companies'' aiming to avoid trade barriers in advanced economies, to seek lower production costs,
Regions beyond the four Southeast Asian countries are poised to emerge as attractive new hubs for Chinese solar firms in the near term." BloombergNEF said Chinese solar product
Hong Kong-headquartered Sinovoltaics has released its first edition of the Southeast Asia Solar Supply Chain Map 2025 report. The market insights series features maps for the region -
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