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Hormuz woes, climate change boost China’s green energy sales at Canton Fair

Hormuz woes, climate change boost China’s green energy sales at Canton Fair

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Overseas sales offer Chinese manufacturers a way to offset intense domestic competition driven by excess production capacity

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He Huifengin Guangdong

During the first phase of the ongoing Canton Fair, China’s biggest trade expo, a solar power and energy storage exhibition hall attracted thousands of visitors a day.

Chinese manufacturers sought to capitalise on concerns about restricted shipments of oil through the Strait of Hormuz and global climate change trends by turning overseas demand for reliable power into orders.

Xu Leiping, deputy general manager of sales at Zhejiang Era Solar Technology, said the company had begun selling a newly developed lightweight solar panel designed for balcony use in July.

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