25 Apr '16, 10am

China PV installs surge past 50GW milestone

Quarterly installs of 7.14GW in Q1/16 up 48% year-on-year. China installed 7.14GW of new solar power capacity in the first quarter of 2016, according to figures released by the country’s National Energy Administration (NEA) . Total cumulative solar capacity in the country is now 50.3GW. The quarterly figure is up 48% compared to the same period last year. Frank Haugwitz, Beijing-based founder of solar consultancy AECEA, said there is more to come. “It is no surprise to see such a high number, because, traditionally Q1 witnesses the final execution of roll-over projects from 2015. As well, in September 2015 a good 5.3 GW were additionally approved and their deadline in order to qualify for last year’s feed-in tariff (FiT) is the end of June,” he said. Haugwitz said that another 1GW of projects from the high-spec Top Runner Programme are working to the same deadline. While t...

Full article: http://www.pv-tech.org/news/china-pv-installs-surge-past-...

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