Taipei, Friday, September 4, 2015 14:35 (GMT+8)
mostly cloudy
Taipei
32°C
Installed PV system capacity in China targeted to hit 10GWp by 2015, says a new report from Digitimes Research
Press release [Thursday 13 October 2011]

Taipei, Taiwan, October 13, 2011 - With China expecting slower growth in regional solar markets such as Europe over the next few years, the government has set out to increase domestic demand during its 12th Five Year Plan period (2011-2015), and installed solar PV system capacity is targeted to hit 10GWp by 2015, according to a recent Digitimes Research Special Report titled "The role of PV in China's energy policy through 2015."

China is already the world's largest manufacturing center for solar power equipment. According to figures from Digitimes Research, production of silicon wafers and crystalline silicon (c-Si) solar cells will reach 14.8GWp and 15.1GWp respectively in 2011, accounting for more than 50% of total global production.

Five of the world's ten largest solar cell factories are located in China, and China's GCL and Suntech are the two biggest players in the global PV silicon wafer and solar cell industries. As the cost of solar power systems continues to fall year on year, China-based manufacturers' market share will continue to increase, the report explains.

China's solar power market has grown rapidly since taking off in 2009. In 2010, the newly added capacity of solar PV systems reached 522MWp, and will likely break through the 1.5GWp barrier in 2011. China's Development Plan for New Energy Source Industries gives China's targets for total installed capacity in solar PV systems as 10GWp by 2015, rising to 50GWp by 2020.

The role of PV in China's energy policy through 2015

New and accumulated solar power system installations in China in 2008-2012

About DIGITIMES Research

DIGITIMES Research is the research arm of DIGITIMES Inc., Taiwan's leading high-tech media outlet. Operating as an independent business unit, DIGITIMES Research focuses on monitoring key high-tech industries, while also guiding clients toward suitable new business as well. Market intelligence and analysis is provided to more than 1,000 corporate customers worldwide. Research and consulting services cover a full range of industries, including information and communications technology (ICT), flat panel display (FPD), renewable energy and semiconductor design and manufacturing.

Contacts:

Michael McManus (Michael.mcmanus@digitimes.com)
Shannen Yang (Shannen.yang@digitmes.com)

Topics: Page 2

Realtime news
  • Arima yet to finalize Indonesia investment project

    Mobile + telecom - Stockwatch | 15min ago

  • HTC sees decreased August revenues

    Mobile + telecom | 23min ago

  • TCL to sell high-end refrigerators, laundry machines in overseas markets

    IT + CE | 35min ago

  • Major Taiwan-based fabless IC firms likely to suffer revenue decreases in 2015

    Before Going to Press | Sep 3, 22:00

  • Taiwan IC designers expect orders to pick up in 1Q16

    Before Going to Press | Sep 3, 22:00

  • HTC sees decreased August revenues

    Before Going to Press | Sep 3, 21:59

  • Laser to become next-generation lighting source, says 2014 Nobel laureate

    Before Going to Press | Sep 3, 21:55

  • Foxconn Interconnect reportedly to acquire equipment from Avago

    Before Going to Press | Sep 3, 21:53

  • Green Energy Technology sees increased August revenues

    Before Going to Press | Sep 3, 21:53

  • LG expected to release 8K TVs in 1H16

    Before Going to Press | Sep 3, 21:51

  • Handset vendors decreasing touch panel orders for 4Q15

    Before Going to Press | Sep 3, 21:51

Pause
 | 
View more

Display panels for wearable devices: Market overview and forecast through 2017

RESEARCH EXTRAS | Jul 23, 12:15

The wearables market is a growing focal point for many vendors and players in the display panel supply chain. This Digitimes Research Special Report looks at developments in panel applications in the wearable industry, with a specific focus on panel makers in...

Developments in the UV LED industry

RESEARCH EXTRAS | Jul 16, 18:28

As white LED applications are becoming more widely accepted and common in the market and China makers push more price-competitive solutions, the 2015 global high-brightness LED output value is expected to only grow 7.5% on year. It is not surprising that in a...

Taiwan LCD TVs – 2Q 2015

TAIWAN DISPLAY SYSTEM | Aug 21, 14:47

Taiwan-based LCD TV makers are seeing improving shipments. Among them, Foxconn Electronics (Hon Hai Precision Industry) will have the strongest shipment growth in the second half due to procurement orders from Mexico.

Global tablet market – 2Q 2015

GLOBAL TABLET | Aug 21, 12:11

Digitimes Research saw global tablet shipments fall to 45.76 million units in second-quarter 2015, showing a 10% decrease on quarter and representing more than a 15% decrease on year.

China smartphone market and industry – 2Q 2015

CHINA SMARTPHONE | Aug 18, 15:33

Smartphone sales in China no longer show any significant momentum for growth as the fast maturing market now increasingly relies on replacement demand from existing users.

Developments in the UV LED industry
2015 China smartphone panel trend forecast
Analysis of China revised domestic semiconductor industry goals
  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.