26 Jan '12, 10pm

Asian Solar PV Installs Surging, China "Blistering"

China, which now dominates the regional solar market (not to mention conversations about alleged anticompetitive practices), saw its solar PV capacity skyrocket 500 percent in 2011 -- roughly 1GW of ground-mount projects in the Qinghai province alone. A planned year-end 13 percent FiT reduction created a 1.7GW surge in installations in 4Q11 (much like what happened in Germany ), helped by lower module prices and favorable project returns. The country now makes up almost half (48 percent) of Asia's entire solar demand, and its solar PV project pipeline has swelled to 20GW, though the Chinese central government could well step in with policy adjustments to reign in that growth in 2012, notes NPD Solarbuzz analyst Ray Lian. (Still, China could end up passing Germany as the biggest new-PV-capacity country in 2012.) Asia's next-largest solar PV market, Japan, grew 30 percent ye...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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