The market is on the path for growth but still faces major hurdles: European equipment and inverter manufacturers in particular face intensifying Chinese competition, while the country’s ambitious targets won’t be reached unless the government adapts its distributed PV power policy.
Despite some lower estimates by industry sources, IHS is standing by its earlier forecast for distributed PV installations in China this year.
PV players attending the SNEC PV Power Expo in Shanghai say a lack of regulations covering subsidies for distributed solar will keep installations from meeting the ambitious goal this year.
China has set ambitious goals for the further deployment of PV, but lags behind in installed distributed power. Only 188 MW of distributed PV were installed in first quarter 2014.
The Solarex confab in Istanbul came to a close on Saturday with an optimistic outlook for the Turkish PV market. Numerous companies reported increased activity and qualified interest.
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