Taipei, Wednesday, July 1, 2015 14:34 (GMT+8)
mostly cloudy
Taipei
34°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 market: Huawei Device to launch 7-inch tablet

    Before Going to Press | Jun 30, 22:17

  • Dassault Systemes expanding clients in Taiwan

    Before Going to Press | Jun 30, 20:58

  • Taiwan market: TWM, FET extend deadlines for below NT$1,000 4G pricing for a month

    Before Going to Press | Jun 30, 20:45

  • Acer opens BYOC experience center in Taiwan

    Before Going to Press | Jun 30, 20:32

Pause
 | 
View more

China AP market 2Q15 shipment forecast

CHINA SMARTPHONE AP | Jun 29, 10:47

Digitimes Research predicts China smartphone AP shipments in second-quarter 2015 will show annual growth due to the depletion of inventories in the first quarter of 2015 and new smartphone products being introduced which contains new AP solutions. The new product...

Taiwan server shipment forecast and industry analysis, 2015

RESEARCH EXTRAS | Apr 10, 15:57

The server market did not perform well in 2014 though rising demand from Internet data centers (IDCs) and China brands helped global shipments (measured by motherboards) grow 7.1% to 10.4 million. Using this as the base for growth, in 2015 the market is expected...

Taiwan LCD TVs – 1Q 2015

TAIWAN DISPLAY SYSTEM | May 22, 15:51

Taiwan's LCD TV makers saw strong seasonal impacts in the first quarter of 2015. Shipments to North America saw a particularly sharp decline as a result of reduced procurement from Mexico and major client Toshiba quitting the North America market.

Taiwan handsets – 1Q 2015

TAIWAN MOBILE DEVICE | May 15, 15:58

Most of Taiwan's handset makers felt strong seasonal effects in the first quarter. Foxconn suffered particularly as a result of drastic drops in orders from Sony Mobile and Microsoft Mobile.

China smartphone market and industry – 1Q 2015

CHINA SMARTPHONE | May 13, 10:56

According to Digitimes Research's survey of the Mainland China smartphone supply chain, as well as other relative vendors, increased demand for Apple's new device models, Mainland China's high-end smartphone models experienced lackluster sales in the first quarter...

2015 China IC design market forecast
Wireless broadband developments in Southeast Asia markets
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.