China Photovoltaic Support

Why is photovoltaics important in China?

Photovoltaics (PV), a primary form of solar energy utilization, has become pivotal in addressing the energy deficit while fostering economic growth. China, since the early 21st century, has made renewable energy a cornerstone of its future energy plans, actively supporting its development .

What is China's PV solar policy?

China is a quick policy learner that can follow the international policy experience and import them to China. However, Chinese PV solar policy is lack of strategic policy research. For example, the policies that had been launched were mostly made without the guidance of national energy portfolio strategy.

Does China have a potential for solar PV growth?

With the largest installed solar PV capacity worldwide since 2015 and a dominant position in PV product manufacturing and export, the industry continues to expand. Even in the pursuit of carbon neutrality, China's potential for PV growth remains significant.

Does China need a centralized and distributed photovoltaic system?

Owing to China's escalating demand for renewable energy and carbon emissions reduction, and given its prominent position as one of the fastest-growing nations in photovoltaic (PV) development, a comprehensive assessment of the potential of both centralized and distributed photovoltaic systems in China is crucial.

What are China's solar PV exports?

In 2021, the value of China’s solar PV exports was over USD 30 billion, almost 7% of China’s trade surplus over the last five years. In addition, Chinese investments in Malaysia and Viet Nam also made these countries major exporters of PV products, accounting for around 10% and 5% respectively of their trade surpluses since 2017.

When did China start focusing on solar PV?

Until August 2000, the country cautiously paid a little attention to Solar PV, and formulated the 2000–2015 Key Points of Development Planning of New Energy and Renewable Energy Industry, proposing the construction of solar cell and application system production lines to increase the annual production to more than two megawatts.