As global demand for renewable energy continues to rise, China’s dominant position in the solar industry has become increasingly apparent. According to the latest data from the International Energy Agency (IEA), China controls over 80% of the global solar industry supply chain. In the first half of 2025, China’s newly installed photovoltaic (PV) capacity was more than twice the total of all other countries combined, further consolidating China’s leadership in the global solar market.
China’s Solar Industry: Dual Engines of Technological Export and Production Expansion
China plays a pivotal role in driving the global renewable energy transition. Through continuous technological innovation and production expansion, China has accelerated its own clean energy development while also exporting advanced solar technology to countries around the world, particularly in developing countries and emerging markets.
Rapid Growth of African Market: Soaring Demand and Significant Import Increases
Amidst the rapid development of the global solar industry, demand in the African market is also growing rapidly. According to the latest report from the think tank Ember, African nations imported 15,032 megawatts (MW) of Chinese solar panels in the 12 months from July 1, 2024 to June 30, 2025, up 60% from the previous 12 months. This increase reflects the urgency of African countries in accelerating their clean energy transition.
U.S. Tariff Policy Sparks Global Concern: Southeast Asia Faces Challenges
Meanwhile, the U.S. Department of Commerce recently announced a tariff of up to 35-21% on solar products from four Southeast Asian countries (Vietnam, Thailand, Malaysia, and Indonesia), causing significant changes in the global solar market landscape. This policy could impact the global supply chain, particularly in the production and export of solar panels. It is expected that this move will encourage China to strengthen cooperation with Southeast Asia, enhancing regional connectivity and technological exports, and further stabilizing the global supply chain.
Adjustments in China-U.S. Trade Relations and Future Prospects
The trade relations between China and the U.S. play a crucial role in the global economy and energy markets. In response to international demand, the Chinese government recently announced the suspension of the 24% tariff on U.S. imports, retaining a 10% tariff rate for a year. This policy adjustment may alleviate uncertainties in the global solar industry’s supply chain and trade, creating favorable conditions for the global clean energy transition.
Beijing Multifit Electrical Technology Co., Ltd.: Continuing to Develop Green Energy Economy and Drive Sustainable Future
As a leading Chinese solar system and clean energy equipment manufacturer, Beijing Multifit Electrical Technology Co., Ltd. is committed to providing innovative and sustainable clean energy solutions. With strong research and development capabilities and robust production capacity, the company continuously advances photovoltaic technology and actively participates in the global clean energy transition through its international market presence.
A company representative said, “We will continue to expand our technological output and market presence, advancing the global solar industry and providing more efficient and environmentally friendly clean energy solutions to global customers. We are also closely monitoring global market changes to ensure we maintain a competitive edge in this rapidly changing international trade environment.”
Looking ahead, Beijing Multifit Electrical Technology Co., Ltd. will continue to leverage technological innovation and a global perspective, actively responding to challenges and opportunities in the global solar industry, contributing to the development of clean energy worldwide, and driving the realization of a green and sustainable future.
About Beijing Multifit Electrical Technology Co., Ltd.
Founded in 2009, Beijing Multifit Electrical Technology Co., Ltd. is a high-tech enterprise specializing in the research, manufacturing, and sales of solar products. The company primarily focuses on solar photovoltaic systems, energy storage systems, and solar panel cleaning equipment, committed to providing innovative, environmentally friendly, and intelligent clean energy solutions for global customers.
Post time: Nov-17-2025