Connect with us

Hi, what are you looking for?

CleanTechnica

Clean Power

China Installed PV to Equal U.S. Installed PV in 2011

chinese solar panels kids

If one thing in the clean energy space is obvious, it’s that China is investing in and installing clean energy like it’s a do or die requirement (hmm..). A new report by Solarbuzz,  China Deal Tracker, finds that it’s total installed solar PV is going to equal total installed solar PV in the U.S. this year. More stats:

  1. Non-residential PV pipeline in China now equals 16 GW (as of end of October).
  2. At least 1,104 non-residential solar PV projects are now installed, being installed, or in development in China (ok, I’m going to stop writing “in China”).
  3. Projects are located in 29 provinces, but 10 of the projects contain 86% of the PV pipeline.
  4. In 2011, 195 projects totaling 1.8 GW in solar power capacity will be installed, quite similar to the U.S. projection.
  5. Building-mount solar projects only represent 10% of the total solar pipeline (but dropping prices could eventually make solar PV build-mount much more attractive to industrial and commercial customers).

China’s unified national feed-in tariff (FIT) policy and dropping solar panel prices are big drivers of the installations.

“China’s FIT rates—1.15 CNY/kWh in 2011 and 1.0 CNY/kWh for 2012—used to be considered so low that project development activities have been mostly limited to high solar radiation regions such as Golmud,” said Ray Lian, Analyst at Solarbuzz. “However, system prices fell so fast in 2011 that project profitability has been improved to reasonable levels in other locations.”

As a reminder, earlier this year, China doubled its 2015 solar power target from 5 GW to 10 GW.

Chinese kids & solar panels via International Rivers


Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Written By

Zach is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], and Starbucks [SBUX]. But he does not offer (explicitly or implicitly) investment advice of any sort.

Comments

#1 most loved electric vehicle, solar energy, and battery news & analysis site in the world.

 

Support our work today!

Advertisement

Power CleanTechnica: $3/Month

Tesla News Solar News EV News Data Reports

Advertisement

EV Sales Charts, Graphs, & Stats

Advertisement

Our Electric Car Driver Report

30 Electric Car Benefits

Tesla Model 3 Video

Renewable Energy 101 In Depth

solar power facts

Tesla News

EV Reviews

Home Efficiency

You May Also Like

Cars

Tesla's China sales in April are as expected.

Clean Power

The opportunity for pumped hydro and other storage in the rapidly expanding African market are high.

Cars

Originally posted on EVANNEX. by Charles Morris Around the time Tesla announced plans to build the Shanghai Gigafactory, China’s government rolled out the red carpet....

Climate Change

China now emits more greenhouse gas pollution than the 37 member nations of the OECD combined, a new report from the Rhodium Group says. China’s climate...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.