East China’s Jiangsu province ranks foremost nationwide in the new photovoltaic installed capacity from January through August by contributing 9% to the national total.
China’s new PV installation from January through August reached 38.1 GW with Jiangsu contributing 3.3 GW to the national total, ranking fourth in the country.
A series of data shows that the photovoltaic industry has fulfilled the grid-connected planning target underlined in the National Development and Reform Commission's 13th five-year-plan period ahead of schedule. In the future, Jiangsu will strive for the pilot role of national photovoltaic energy leader program to provide more growth momentum for r the province's photovoltaic industry to provide more development space
Official data released by China’s National Energy Administration states that 24.4 GW of new PV capacity was installed in China during the first half of 2017. On top of this, AECEA estimates that another 10.5 GW was added in July, bringing the total from Jan-July to 34.92 GW, around 380 MW ahead of 2016’s figure of 34.54 GW. China’s cumulative capacity now stands at 112.34 GW, already around 7 GW ahead of the 2020 target of 105 GW outlined in the 13th Five Year Plan between 2016 and 2020, and current estimates predict that by 2020 China’s PV capacity could reach as much as 230 GW.
Based on new data from China’s National Energy Administration, Asia Europe Clean Energy Associates has raised its forecast for PV installations in China for 2017. AECEA now expects to see 40-45 GW installed in China before the year end.
Based on the continued strong demand in July, after the latest round of FIT cuts took hold, AECEA has upped its forecast for PV installations in China to 40-45 GW, an increase of at least 16% on 2016. The company has nicknamed Chinese PV ‘the bull’, thanks to its performance in comparison to other generation sources.
Since 2010, according to AECEA, the overall share of renewables in China’s energy mix has increased by 8%. In 2016, the country generated 65% of its energy from coal, and the country has an additional 200 GW pipeline of new coal power plants set to come online by 2020.
