AECEA

China's National Energy Administration (NEA) released further data worrying last year's total solar PV market growth, says the consultancy Asia Europe Clean Energy (Solar) Advisory Co. Ltd. (AECEA). As necessary, the 48.2 GW deployed throughout 2020 are comprised by 32.7 GW of utility-scale systems, 10.1 GW of residential PV and 5.4 GW of commercial & industrial (C&I) PV systems.

Initial data recommend that China may have installed approximately more than 40 GW of new solar PV power generation abilities in 2020, due to an incredibly solid demand for household PV amounting to 10.1 GW for the complete year (2019: 5.27 GW), according to the Asia Europe Clean Energy (Solar) Advisory Co. Ltd. (AECEA).

According to the data published by Chinese NEA, the People’s Republic installed 12 gigawatts of photovoltaic projects in December. However, the country also developed almost 41 gigawatts of carbon-emitting coal power generation capacity during 2019.

Hopes are high up to 5 GW of residential solar capacity will have been added by the time this month’s figures are added, as the household solar feed-in tariff still applies – but only until Thursday. However, the AECEA consultancy has again revised down its overall new capacity expectation for the year.

According to official figures released by China’s National Energy Administration, new solar capacity installations in the third quarter of 2019 slumped to only 4.6GW under new support mechanisms that were implemented mid-year.

The state-owned China News Service today reported almost $80 million is left in the pot for large scale project subsidies this year despite almost 420 facilities with a combined generation capacity of 1.77 GW having missed out in the auction.