China’s National Energy Administration (NEA) says the country installed 87.41 GW of new PV capacity in 2022.
China Huadian has connected a 120 MW solar plant to the grid in the Tibetan city of Nagqu, which has an average altitude of 4,500 meters. The installation is reportedly the largest PV project in Tibet.
Trina Solar has signed an 875 MW tracker supply deal with Samsung C&T for Qatar’s new “IC Solar” project, while Chint said it aims to sell up to 8 GW of residential PV assets by the end of 2023.
China’s National Energy Administration (NEA) said the country installed just under 7.5 GW of new PV in November, bringing cumulative additions in 2022 to 65.7 GW, far short of the estimated 85 GW or more.
IEA-PVPS says that China added around 58 GW of new PV capacity in the first 10 months of the year, bringing cumulative installations to 364.44 GW. It says up to 100 GW of new capacity could be deployed by the end of this year.
China is once again the focus of attention across the global solar PV industry. The country’s manufacturers have had a turbulent 2021, but domestic demand remains strong, particularly from the booming residential rooftop segment. Despite the supply challenges, China will likely reach 50 GW this year and possibly even 100 GW next year. Given the dynamic market and policy landscape, pv magazine publisher Eckhart K. Gouras recently caught up with long-time China solar expert Frank Haugwitz, the founder of the Asia Europe Clean Energy (Solar) Advisory (AECEA).
This year will be a key period in the development of China’s solar PV market. It is the first year of the 14th five-year plan, the first calendar year after President Xi Jinping announced the 2030-60 carbon emissions commitment, and the first year for utility and commercial unsubsidized projects. IHS Markit expects the solar industry in China to reach another milestone with more than 60 GW of installations this year, advancing the ground for the energy transition and the displacement of traditional energy sources to fulfill the goal of a net carbon future over the next four decades to come.
The state-owned construction business which saved Singyes Solar with a US$200 million bail-out is now preparing to invest in a 75% stake in debt-saddled peer China Solar, whose shares have been unlisted since August 2013.
Portugal set a new coal-free record because of the pandemic as Belgium and Israel moved to help the renewables industry. But there was grim news in Mexico and Turkey, and Bangladeshi clean energy firms have appealed for more assistance.
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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