China set to lose number one solar market slot

Delayed project approvals could cost China its status as the biggest global market for solar power (measured by annual installations), industry analysts have warned.

The delays could cause China to miss its target of installing 14 GW of solar capacity this year, allowing Japan to move ahead to the number one spot. Japanese solar capacity additions are expected to amount to 10.3 GW in 2014, added to its existing 11.9 GW.

Li Junfeng, director general of China’s National Centre for Climate Change Strategy and International Cooperation, has said he expects China to install less than 12 GW of large-scale and distributed solar capacity this year, with grid connection issues potentially reducing that amount to below 10 GW.

“There isn’t enough time to achieve the target,” Li was quoted as saying.

The delays in project approvals were a planned policy intervention designed to refocus the domestic market on rooftop solar installations. China aims to add up to 8 GW of distributed solar power this year, an increase of over 10 times 2013’s level.

At the end of 2013 China’s solar capacity was measured at 20 GW. The nation aims to install 35 GW by 2015.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...