Thursday, November 10, 2011

PV Installations in China to Reach US Level in 2011

According to the recently released Solarbuzz China Deal Tracker report, the non-residential PV project pipeline in China grew to 16 GW at the end of October. Solarbuzz has identified 1,104 non-residential projects in China that are installed, being installed, or in development. Projects in the pipeline are located in 29 Chinese provinces. Qinghai, Gansu, Ningxia, and Inner Mongolia are the leading provinces in megawatt terms, followed by Sichuan, Jiangsu, Shandong, Shaanxi, Tibet and Anhui. These 10 provinces represent 86% of the total pipeline.

According to the report, 195 projects, with a total capacity of over 1.8 GW, will be installed within 2011. That installed capacity in China will closely match the installed capacity in the US this year. Stimulated by the Qinghai 930 program as well as unified national feed-in tariff (FIT) policy, 54% of the capacity in megawatt terms will be located in the northwest region.

Source: Solar Thermal Magazine

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