Peaks and troughs
Chinese market: June 30 marked a big day for Chinas PV industry, as the first of several planned reductions to solar FITs came into effect. A rush to get projects finished before this deadline resulted in a massive 20 GW of PV installations finished in the first six months of 2016 but whats next for PV in China? Vincent Shaw reports from Shanghai.
“At least 20 GW of new PV projects were installed in the first half of 2016,” confirmed Wang Bohua, Secretary General of China PV Industry Association. “Though an installation peak was expected in July, this figure is far beyond any previous estimations,” said Wang. In fact, this installation figure is almost triple that of the …
Advertisement
Advertisement
Advertisement
Advertisement