Distributed PV led the way to China setting up 53GW of PV in 2021

• Distributed PV setups in China covered 29GW last year, contributing over half of total solar installments in the country for the very first time.

In a note published yesterday, the nation's National Energy Administration (NEA) stated around 53GW of grid-connected solar capacity was set up last year, a boost on the 48.2 GW mounted in 2020.

Installments fell short of the industry analyst consensus of 60-- 75GW issued at the start of last year-- crucially gotten to prior to prolonged durations of supply chain volatility affected rates-- yet in the direction of the leading end of the revised 45-- 55GW projection released by the China Photovoltaic Industry Association in December.

While utility-scale solar installments rather failed in 2021-- rising product as well as component prices required several projects to be pushed back into 2022-- property solar implementation soared, proceeding a pattern identified mid-way with the year.

Distributed PV installations got to 29GW in China last year, with around 21.5 GW of that number originating from household setups. The domestic solar sector's share of total PV installments in China covered 40%, with the entire distributed PV industry's share getting to around 55%, the very first time it has actually recorded more than half of total installments in China.

Total advancing distributed PV reached 107.5 GW as of the end of 2021, accounting for around one-third of total grid-connected solar capacity in China.

Additional reporting by Carrie Xiao.