China experienced a significant increase in solar product exports in 2023. It exported 56GW of solar wafers, 32GW of cells and 178GW of modules in the first 10 months of the year, up 90%, 72% and 34% year-on-year respectively, according to the China Photovoltaic Industry Association. However, due to falling costs, the export value of these solar products only increased by 3%.

The funniest quote in the article. China is outcompeting themselves so hard on price that they can almost double export products without affecting export value. That's absurd.

Western institutions fundamentally misunderstand the clean energy revolution. It's actually rather worrying, because it's a large part of why Western estimates of China's economic growth have been so far off.