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Solar Power Generation in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Solar Power Generation Market Research Report | Apr 2014

IBISWorld’s Solar Power Generation market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 09-14
174.5%
Annual Growth 14-19
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Profit
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Employment
4,606
Businesses
85
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 174.5% over the five years through 2014 to total $2.9 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 Locations Chapter

Solar power plants in Inner Mongolia account for an estimated 15.5% of the total. A large amount of these solar power plants are of large-scale and are divided into several phases. Inner Mongolia is abundant in solar energy. The region also has vast, plain areas where it is advantageous to install solar power equipment. The technically exploitable capacity in Inner Mongolia is about 150 million KW, accounting for half of China's total. Increasing government assistance and subsidies on solar power and the gradual reduction in price of solar power also promote the establishment of solar power plants in this region. According to China's twelfth five-year plan, total installed capacity of PV plants in Inner Mongolia will reach 800 MW till 2015... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Solar Power Generation Industry?

The Solar Power Generation industry in China generates power by solar energy. It includes photovoltaic (PV) power generation and solar thermal power generation. Usually, solar power generation refers to PV, which utilizes solar cells to directly convert solar energy into electric energy.

Industry Products
Solar photovoltaic power (PV)Solar thermal power
 
Industry Activities
Photovoltaic power generationSolar thermal power generation


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