China’s Solar PV Market Passes 100 GW Milestone

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According to data recently released by the National Energy Administration of China, as of the end of June, the country had a PV power generation installation capacity of 102 GW. The country added 24.4 GW in new capacity during the first half of this year, a year-over-year increase of 9 percent. After several years of development, the country’s PV power generation sector finally passed the 100 GW milestone, the same milestone passed earlier by the hydropower and wind power sectors.

Encouraged by a series of supportive policies issued at the national level, including the poverty alleviation policy for the PV sector, the country continued to experience rapid growth in distributed PV installations. The country boasts 84.4 GW in utility-scale solar and has added 17.3 GW in new installations during the first half of this year, down 16 percent from a year earlier. The distributed PV sector is up to 17.4 GW. Most of the new installation capacity went to Anhui, Zhejiang and Shandong provinces, each respectively adding 1.38 GW, 1.25 GW and 1.23 GW, together accounting for 54.2 percent of the country’s newly added distributed PV installation capacity.

Last December, the National Energy Administration issued the 13th Five-Year Plan for Solar Development, pointing out that the country is on track to achieve PV power generation installations of more than 105 GW by the end of 2020. As of the first half of this year, the target had been 97 percent achieved. This July, the administration issued the Guideline on Implementation of the 13th Five-Year Plan for Renewable Energy Development, specifying that the country aims to add 54.5 GW in new PV power generation installations by the end of 2020. According to the Guideline, excluding Beijing, Tianjin, Shanghai, Fujian, Chongqing, Tibet and Hainan, which independently manage the establishment of new PV power stations establishment, and Gansu, Ningxia and Xinjiang, which are suffering from excess solar curtailment, the country is expected to add 86.5 GW in new PV power generation installations as well as 128 GW in new planned on-grid capacity by 2020.

Recently, the National Energy Administration, the Ministry of Industry and Information Technology and the Certification and Accreditation Administration of the People’s Republic of China jointly issued a notice on raising the technological requirements on major PV products and enhancing supervision, stipulating that from Jan. 1, 2018, the market entrance barrier for the photoelectric transformation efficiency of polysilicon silicon battery components will be raised to 16 percent, while that for the monocrystalline components will be upped to 16.8 percent.

According to the data, China’s PV industry generated 51.8 billion kWh of electricity during the first half of this year. 

Lead image credit: depositphotos.com

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