Featured in Connected to technology – 05-2020

Falling China forecasts could spell consolidation

Among Covid-19-related project delays, regional government restrictions and the ongoing transition toward a post-FIT regime for PV, the Chinese market looks set for further contraction in 2020. Frank Haugwitz from Asia Europe Clean Energy (Solar) Advisory (AECEA) says that this and other factors could drive consolidation in manufacturing.

By

pv magazine

25 May 2020

China. | Image: NASA Worldwind/Flickr

According to China’s National Energy Administration (NEA), at the end of 2019 the country had 204.3 GW of installed solar PV generating capacity. This includes 141.67 GW of utility-scale arrays. Cumulatively, the market grew by approximately 17.3% year on year. Currently, PV makes up 10% of China’s power sector and contributes approximately 3.1% (224 TWh) …

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