"China Photovoltaic (PV) Industry, 2015-2019" Published

From: Fast Market Research, Inc.
Published: Fri Aug 07 2015

In recent years, photovoltaic industry in China has undergone rapid development. And in 2007, China became the largest photovoltaic producer with export reaching USD 2.838 billion. In 2014, China's total imports and exports of solar photovoltaic cell was USD 18.28 billion that increased 15.09% year on year, among which export was USD 14.41 billion, increasing 17.27% and import was USD 3.87 billion, increasing 7.62% year on year.

For photovoltaic export, the following problems exist in export structure and market: overdependence on processing trade, lack of independent R&D system, unstable structure of export market and the risk of trade frictions in emerging market.

Full Report Details at
- http://www.fastmr.com/prod/1024235_china_photovoltaic_pv.aspx?afid=302

Since 2011, the contraction of overseas photovoltaic market has rendered Chinese photovoltaic industry which has developed fast for nearly a decade in difficulty. Therefore, the Chinese government has issued a series of policies to support photovoltaic industry. For example, National Energy Administration has successively raised the power generation target of the twelfth five-year plan of photovoltaic; the Ministry of Industry and Information Technology has declared to promote the development of BIPV technology. On Feb.1, 2012, the Ministry of Finance of the People's Republic of China issued the Notice on Making Efforts to the Golden Sun Demonstration Work of the Year 2012 to fasten the large-scale application of photovoltaic generation. In 2013, the State Council published the Several Opinions on Promoting the Healthy Development of PV Industry and a series of supporting policies. In recent years, photovoltaic generation has developed fast in China.

In 2014, the installed capacity of photovoltaic grid-connected generation in China was 28.05 million kilowatts with a year-on-year growth of 60%, among which 23.38 million kilowatts were generated by photovoltaic power station and 4.67 million kilowatts by distributed power station. The annual generation of photovoltaic was 25 billion kilowatt-hours, increasing over 200% year on year.

In 2014, new grid-connected photovoltaic generation was 10.60 million kilowatts in China which accounted for a quarter of global new capacity and one third of photovoltaic module output in China and realized the target set by the Several Opinions on Promoting the Healthy Development of PV Industry of achieving a growth of approximately 10 million kilowatts per annum. Besides, 8.55 million kilowatt photovoltaic power station and 2.05 million kilowatt distributed power station were added too.

In 2014, a pattern of common development of east and west with emphasis on east has taken shape in photovoltaic generation in China. New installed capacity in East China was 5.6 million kilowatt, accounting for 53% of the sum. Jiangsu and Hebei Province topped the list of new installed capacity.

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