Industry

In 2012 China PV market installation amount of annual growth of 500%

The PV market than expected continued growth, in 2012 third quarter 2.8GW installed, the installed capacity of 6GW.

Main information:

To the Asia-Pacific market overall than in the previous year grew 165%, but according to the latest NPD Solar buzz Asia-Pacific main solar Market Research Report quarterly forecast, 2012 will grow 40% installation.

In the Asia-Pacific region in the performance of talent showing itself is the Chinese market, annual growth of over 500%, and for the 2011 Asia-Pacific annual demand 48%. Plan of the end of the 13% FIT cuts caused four installation volume soared, reaching 1.7GW. Low prices and the best project module returns bring short during installation amount increased, so far accumulated project reserve has reached 20GW.

Senior analyst at NPD Solar buzz said: "2012 China feed-in tariff on China PV market a new situation, only Qinghai province is mounted for nearly 1GW of ground project. However, such an explosive growth in 2013 will cause the adjustment of policy, the central government will take action management PV market growth rate."