China added 'up to 14GW' PV

China has emerged rapidly as the world's solar powerhouse

China has emerged rapidly as the world's solar powerhouse

China may have installed as much as 14GW of PV last year, higher than the government’s own estimate, underscoring the extent to which the nation has very rapidly become the most important and dynamic solar market in the world.

Earlier this month China’s National Energy Administration claimed the country had installed 12GW of PV last year, nearly all of it in ground-mount arrays.

But even that figure is likely too low, claims Bloomberg New Energy Finance (BNEF), thanks to a booming end-year market driven by the 1 yuan ($0.17) per kWh feed-in tariff for large projects that expired on 1 January.

China already dominated the PV manufacturing game, with Yingli Solar once again claiming the title of world’s largest module supplier in 2013. But the rise of its domestic Log in to read complete article.

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