Taipei, Tuesday, July 29, 2014 10:49 (GMT+8)
partly 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
  • Taiwan solar firms may rely on markets other than US in 2H14

    Green energy | 4min ago

  • Taiwan market: Acer, Asustek see opportunities from enterprise PC replacement trend

    IT + CE | 12h 45min ago

  • Competition for notebook panels may heat up due to South Korea makers increasing output, say Taiwan makers

    Displays | Jul 28, 21:27

  • LG Innotek signs cooperation to focus on Li-Fi business, says report

    Before Going to Press | Jul 28, 21:32

  • M31 Technology obtains USB-IF certification for USB 3.0 Device controller IC solutions via cooperation with Innovative Logic

    Before Going to Press | Jul 28, 21:09

  • Baidu to release smartphone with MediaTek processor, says report

    Before Going to Press | Jul 28, 21:07

  • Digitimes Research: Smartphone AP shipments in China to grow sequentially in 3Q, 4Q14

    Before Going to Press | Jul 28, 21:05

  • Holtek nets NT$1.65 per share for 1H14

    Before Going to Press | Jul 28, 21:04

  • Innolux posts 2Q14 net EPS of NT$0.33

    Before Going to Press | Jul 28, 21:04

  • Tatung to set up rooftop PV systems with total installation capacity of 4MWp in Pescadores

    Before Going to Press | Jul 28, 21:04

  • Aces enjoys orders from BMW and Benz

    Before Going to Press | Jul 28, 21:01

  • Foxconn said to invest in Anhui, China

    Before Going to Press | Jul 28, 21:00

  • TWM foresees sequential drop in 3Q14 profitability

    Before Going to Press | Jul 28, 20:59

  • Asustek, Gigabyte releasing new gaming notebooks in 3Q14 to challenge MSI

    Before Going to Press | Jul 28, 20:59

Pause
 | 
View more

Analysis of China's revised domestic semiconductor industry goals

RESEARCH EXTRAS | Jul 16, 18:09

Facing a funding shortage for local IC manufacturers, the China State Council in June 2014 published guidelines to strengthen government support for China's semiconductor industry, while stating the short-, mid-, and long-term goals for the related industry supply...

The transition to 4k TV - UHD TV market forecast, 2014-2017

RESEARCH EXTRAS | Jun 26, 13:59

Ultra HD TV vendors are facing challenges due to an overall slowdown in the TV industry and are concerned whether relative supply chains can provide compatible Ultra HD content and services. However, trends show that content makers as well as panel and chip makers...

Taiwan notebooks – 2Q 2014

TAIWAN ICT | Jul 23, 12:53

Taiwan's notebook makers saw an unexpected sequential rise in shipments in the second quarter after the end of Microsoft's support for Windows XP generated a wave of replacement demand. Compared to the same period of last year, their shipments still dropped....

China smartphone market and industry – 1Q 2014

CHINA SMARTPHONE | May 15, 15:08

This report is divided into two sections; the first covers the China smartphone market, including shipments from international players and China-based players. The second section covers the China smartphone industry and covers shipments from local makers in the...

Taiwan LCD monitors – 1Q 2014

TAIWAN FPD | May 13, 15:41

Monitor shipments from Taiwan makers declined in the first quarter of 2014 mainly due to seasonality. And both upstream LCD panel suppliers and downstream system vendors remain conservative about the monitor market in the second quarter.

Analysis of China revised domestic semiconductor industry goals
2014 global mobile application processor market forecast
  • 2014 global high brightness LED market, trends and shipment forecast

    For the global LED lighting market, the market size will reach US$25.82 billion in 2014 or a market penetration rate of 23.4%. This is attributable to exponential shipment growth for light bulbs, tubes, and directional lamps.

  • Greater China touch panel shipment forecast through 2015

    This Special Report provides forecasts through 2015 for Greater China touch panel shipments with breakdowns based on technology (glass, film, resistive), application (smartphone, NB and tablet) and by firm.

  • 2014 global tablet demand forecast

    This report analyzes the main players, their strategies and shipments forecasts for 2014, as well as other factors contributing to either growth or decline in various segments within the tablet market, with a particular focus on Apple, Google, Samsung, and Microsoft, along with whitebox vendors.