Featured in Upside of China's downturn – 12-2019

China’s market in transition

By the end of 2018, China was home to around one third of global cumulative PV capacity, with around 175 GW of operational PV systems. In the context of China’s power sector, writes Frank Haugwitz of Asia Europe Clean Energy Advisory, the cumulative installed capacity makes up 9% of the total existing power generation capacity and contributed approximately 2.7% to total electricity generation.

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pv magazine

09 Dec 2019

Image: ii7017/Pixabay

Last year, China managed to install approximately 44 GW of PV. However, and not entirely unexpectedly, this has slowed in 2019, due to the new regulatory landscape that took shape over the course of the year. New feed-in tariff rates, the pursuit of grid-parity projects (14.78 GW), and the execution of the first national unified …

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