EVEN MORE SOLAR IN CHINA

China Solar PV Forecast for 2014 Upgraded to 12 GW

Steven Han, November 15, 2013 (SolarBuzz)

“…[Under] the Chinese Bureau of Energy [just-released draft proposal]…new solar installations in China are expected to reach 12 GW in 2014 . This includes 8 GW of distributed PV generation and 4 GW in the ground-mount segment…The release of the quotas for 2014 will provide confidence to project developers in the Chinese solar PV market…[T]he increase in solar PV demand from China is now driving the total Asia Pacific (APAC) baseline forecast to 24 GW for 2014, with an upside as high as 32 GW. The increase from the APAC region is a major contributor to our upgrade of global forecasts for 2014 to the 45-55 GW level…[with China again] forecast to be the largest country for solar PV demand…” click here for more

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