Current status of PV in China and its future forecast

Abstract

Current status and the progress of PV in China are introduced with detailed data, covering PV manufacturing, market development, cost reduction and technology innovation. Fast growing of PV industry in China is due to series of incentive policies provided by the Chinese government, which are provided in this paper as well. To slow down the speed of PV development, the 5.31 new policy is issued on May 31, 2018 by the Chinese government as a milestone. The affections of the new policy and future PV market are analyzed. The target of energy transition of China and the role of PV are provided. PV will have more broad space in development when it comes to grid parity in the future.