Industry Analysis & Industry Trends
The still immature Solar Power Generation industry has been developing rapidly. Industry revenue has been rising at an annualized rate of 145.3% over the five years through 2015 to total $2.6 billion.
Rising household demand for electricity in China has led to several power supply shortages over the past few years, which has stimulated demand for solar power generation. In addition, a reliance on imported oil and gas resources for power and increasing environmental consciousness have led to a strong government focus on the development of renewable energy, especially solar power. In the twelfth five-year planning period (2011 to 2015), the State Energy Administration aims to take the installed capacity of solar power generation from 860 megawatts to 21 gigawatts.... purchase to read more
Industry Report - Industry Key Buyers Chapter
The top four enterprises in the Solar Power industry in China – China Power Investment Corporation, CECEP, China Guodian and China Huadian – account for an estimated 27.5% of industry revenue in 2015, reflecting a low concentration level.
As the industry is still relatively young, there are large investment requirements for purchasing advanced equipment and materials. R&D into developing more efficient equipment and materials, such as solar cells, is also required. Only large and well-funded enterprises, such as state-owned enterprises, are able to take on such expenses.
New companies are required to gain licenses authorized by the government. The entry of new operators is strictly controlled, which increases the market share of larger players in this industry... purchase to read more