30 Jun '14, 12pm

China Becomes World's Largest PV Market

BEIJING -- According to the Global New Energy Development Report 2014, China has surpassed Germany as the world's largest PV market. The report, which was prepared by Hanergy Holding Group and China New Energy Chamber of Commerce, provided a comprehensive and authoritative overview of the global renewable energy market. The global PV market saw 38.7 GW of new capacity installed in 2013, bringing the cumulative installed PV capacity to 140.6 GW, the report said. New PV installations in China saw the addition of 12 GW in 2013, up 232 percent year on year, demonstrating that the global PV market has gradually shifted from Europe to Asia. The global new energy industry experienced sustained growth in 2013, as governments aligned their national energy mix to eliminate pollutants and improve the ecological environment, China New Energy Chamber of Commerce vice president Zeng Sha...

Full article: http://www.renewableenergyworld.com/rea/news/article/2014...

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China Becomes World's Largest PV Market

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