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.
In short, it has been a rather eventful year to date as far as the changes in China’s solar PV policy landscape are concerned. AECEA’s full-year demand assessment for 2019 is 20-24 GW, with a 2020 demand forecast of about 23-31 GW.
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