Netscribes latest market research report titled Solar Energy in China 2014 states that the market is expected to witness rapid growth owing to favorable policy environment in the country. With the country facing a continuous shortfall in the supply of conventional sources required to meet the increasing demand for energy in recent years, the focus is gradually shifting from conventional to renewable sources of energy. In order to reduce the current demand-supply gap for electricity within the country, the renewable energy sector has to be given higher importance. Solar subsidy programs adopted by the government are expected to foster growth in solar energy market in China. CO2 emission reduction mandate of 16%-17% by 2015, is acting as a major growth driver for the Chinese solar energy market. These factors will ensure that the market continues to exhibit steady future growth. However excess production leading to decline in module prices to act as a major challenge to the solar energy market in China. Additionally, insufficient states of Power Grid act as a greatest hindrance to the development.
The Government of China is actively involved in the development of the renewable energy sector. Chinese Government has launched a distributed solar PV and rooftop solar PV program to subsidize and encourage the utilization of energy generated from solar resources. Through its various programs, it has directly and indirectly benefitted the solar PV industry. The market is characterized by high competition among players. Chinese players are focusing on the construction of solar power plants with a view to sustain its position in the highly competitive market. PV Technology has grown over the past decade at a remarkable rate in China and is on the way to become as a major source of power generation.
Slide 1: Executive Summary
Slide 2: Solar Energy Market Introduction
Market Overview Global
Slide 3: Global PV cumulative installed capacity (2012 17e), Global PV annual installed capacity (2012 17e)
Slide 4: Global Rooftop PV Development Scenario (2012 17e), Global Utility Scale PV Development Scenario (2012 17e)
Slide 5: Global Market Overview
Slide 6: Global Initiatives towards development of solar energy
Market Overview China
Slide 7: China Market Overview
Slide 8: Historical Cumulative PV Installed Capacity Trend (2000 12), Forecasted Cumulative PV Installed Capacity (2013e 17e)
Slide 9: Historical PV annual installations (2000 12), Forecasted PV Annual Installations (2013e 17e)
Slide 10: Rooftop PV Development Scenario (2012 17e), Utility - Scale PV Development Scenario (2012 17e)
Slide 11: Value Chain across three major solar photovoltaic
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