China PV Industry Enters the Fast Lane of Development

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Recently PV industry entered into the policies honeymoon. Experts in PV industry believed that PV will develop with a high speed in the near future.
The Intensive Support Policies of New Energy

NDRC and Energy Bureau jointly issued Notice on the Distributed Generation Market Trading Pilot recently.

Additionally, on November 15th, a signed article titled “Adhere to Green Development and Promote New Energy to a New Level”by Zhu Ming, the Secretary of the Party branch, Director of the Department in National Energy Bureau, was published in China Electric Power News.

The Rapid Development of PV

Renewable energy will become the mainstay of China's energy supply and will reach 80% of the electricity consumption by 2050. It is estimated that PV will play an important role in China’s renewable energy consumption structure.

Photovoltaic industry is an important development direction of global energy science and technology and industry, a sunrise industry with great development potential and a strategic emerging industry with international competitive advantage in our country. Under the continuous policy guidance and leadership, photovoltaic industry strides into a new era of market-oriented sales of electricity.

Global PV Installed Capacity Exceeded Expectations

According to the statistics of China Photovoltaic Industry Association, in the PV module manufacturing capacity planning released in 2016, the third world countries (excluding China) accounted for 87.8% of the total. With the development of micro-grid and off-grid applications, the emerging markets will continue to emerge as an important area of new PV installed capacity to support the global PV market demand.

Right now, the distributed market is rapidly opening up and it is estimated that new installed capacity in the world will be maintained at 5GW per year in the future. The global new installed capacity in 2017 is expected to reach 90GW. The domestic new installed capacity in 2017 is expected to reach about 50GW. In the future, the newly increased installed capacity of global PV will steadily increase.

With so many untapped potentials in China’s PV market, why not hurry up and enter? The 10th Guangzhou International Solar Photovoltaic Exhibition 2018, South China's most influential photovoltaic trade show, will be the best platform!

Check on Post-show Report of PV Guangzhou 2017:  http://book.yunzhan365.com/uguf/zpgo/index.html 

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