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Staff Reporter

, China

Published:

13 years ago

China's solar PV installations highest in Asia Pacific with 2.9GW

China covered 48% of 2011 demand solar PBV installation in Asia-Pacific.

A planned year-end 13% FIT reduction led to a surge in installations in the fourth quarter, reaching 1.7GW.

“The China PV market was reshaped in 2011 by the release of the national FIT,” said Ray Lian, analyst at NPD Solarbuzz, “Approximately 1GW ground mount projects were installed in the Qinghai province alone. However, the explosive growth could well be followed by policy adjustments in 2012 as the Chinese central government takes action to control the growth rate.”

On the other hand, Japan installed 1.2GW in 2011, an increase of 30% over 2010.

China's 2.9GW installation in 2011 represents a massive 500% increase over 2010. The Asia Pacific region as a whole saw demand increase 165% year-on-year, reaching a total of 6GW.

Like Germany, the 2.8GW of installations in the region were installed in the fourth quarter alone.

For the source of this story, click here.

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