By .(JavaScript must be enabled to view this email address) - 16 May 2014, 15:45
In News, Power Generation, Market Watch

China adopts ‘more aggressive’ 70GW PV target for 2017

The new figure is a step up on previous long-term targets. Source: United PV.

China has set itself a target to reach an installed solar generation capacity of 70GW by 2017.

The figure was part of a document released by the National Development and Reform Commission (NDRC) as part of a strategy to tackle air pollution.

“Regarding the PV-related targets, this spells out 35GW by 2015, including 20GW of distributed PV and 15GW of solar farms. The total target is the same as announced before,” Ray Lian, senior analyst at NPD Solarbuzz told PV Tech.

“The 70GW by 2017, including 35GW of distributed PV, this is a new announcement and is a bit more aggressive than the 100GW by 2020 announced before,” said Lian.

The government has capped this year’s feed-in tariff quota at 14GW, with around 8GW set aside for distributed projects. This is neither a target nor a limit on how much PV will be installed in the country this year.

Publications

Photovoltaics International 24th Edition

Signs earlier in the year of the global industry entering a growth phase have now been confirmed beyond any doubt. Almost all the big-name suppliers have now announced some form of manufacturing capacity expansion, a trend that analysts agree will only gather pace as long as the levels of demand predicted over the next few years turn out to be correct.

Manufacturing The Solar Future: The 2014 Production Annual

Although the past few years have proved extremely testing for PV equipment manufacturers, falling module prices have driven solar end-market demand to previously unseen levels. That demand is now starting to be felt by manufacturers, to the extent that leading companies are starting to talk about serious capacity expansions later this year and into 2015. This means that the next 12 months will be a critical period if companies throughout the supply chain are to take full advantage of the PV industry’s next growth phase.

China adopts ‘more aggressive’ 70GW PV target for 2017

We Recommend

Latest in News

Most Popular

1. Bankrupted Solyndra’s modules make comback in post-subsidy Europe

2. Top 10 PV module suppliers in 2013

3. India reveals rules for 1,500MW next phase of solar mission

4. Pakistan solar tax slammed as imports left stranded

5. Solar tipped to be big winner from US$50 billion BRICS bank

1. Bankrupted Solyndra’s modules make comback in post-subsidy Europe

2. India reveals rules for 1,500MW next phase of solar mission

3. Pakistan solar tax slammed as imports left stranded

4. Solar tipped to be big winner from US$50 billion BRICS bank

5. CIGS cell efficiency of 15% targeted at Solar Frontier’s ‘blueprint’ module factory

1. Top 10 PV module suppliers in 2013

2. Case study of a growth driver – silver use in solar

3. The changing face of the PV inverter supplier base

4. Who will speak up for solar in the new-look UK government?

5. The sorry state of PV manufacturing in India

1. Interview with Dr Zhao Wei, Sungrow

2. Interview with Claas Denkmann, Renesola

3. Solar Leaders Interview: ilumen

4. PV Tech Newscast 30 August 2013

5. Interview: Eric Luo, Suntech’s new CEO (part 1)

Interview with Dr Zhao Wei, Sungrow (02:22)

Renesola & Solar IF Certificate Ceremony (01:06)

Interview with Claas Denkmann, Renesola (06:18)

Partners

Acknowledgements

Solar Media