25 Mar '15, 5pm

Demand for solar in China could reach 18GW in 2015 – BNEF: In 2015, PV demand in China could top 18GW, accordi...

PV demand in China could top 18GW, according to an updated forecast from Bloomberg New Energy Finance (BNEF).Image: United PV In 2015, PV demand in China could top 18GW, according to an updated forecast from Bloomberg New Energy Finance (BNEF). BNEF highlighted that PV installations in China could reach a minimum of 15GW in 2015, while its ‘optimistic scenario’ called for installs of 18GW. Interestingly, BNEF noted that if feed-in tariffs are reduced for 2016, further demand could be brought forward to 2015, pushing installations higher than its 18GW optimistic scenario. However, the mid-range figures from BNEF are in line with China’s NEA set target of 17.8GW of PV installations in the country for this year. Talking to PV Tech, Jenny Chase, Head of Solar Insight, Bloomberg New Energy Finance said that China could realistically install around 15GW this year due to an estim...

Full article: http://www.pv-tech.org/news/demand_for_solar_in_china_cou...

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