In 2017, the global installed capacity of new photovoltaic installations was 102 GW. The cumulative installed capacity reached 405 GW globally (a 33.7% increase from the previous year). In 2017, China added 53 GW of new photovoltaic power generation, accounting for 51.8% of the global new installed capacity in the same year; The installed capacity is 130 GW, accounting for 32.2% of the total installed capacity in the world.
In 2017, China's PV module exports reached 37.9 GW, a substantial increase of 78% from the 2016 export volume (21.3 GW). In 2017, exports of components to India reached 9.46 GW (8.94 GW of polysilicon, 0.35 GW of monocrystalline silicon).