Over the past 8 years, the growth capacity of the world's solar power system
has increased profoundly, from 345 MW in 2001 to 2826 MW in 2007. The compound
annual growth rate was 42%; in 2007 the global solar energy industry output
value reached $17.2 billion and the production capacity of solar cell had risen
from 2204MW in 2006 to 3436MW in 2007, an increase of 56 per cent year-on-year.
The average annual growth rate of China's photovoltaic industry was 49.5% in
the last 5 year and the annual growth rate of 2007 was 56.2%, became the world's
biggest producer of solar products, accounting for 26.6 per cent of global production.
In 2007 there were 6 Chinese solar cell companies in the world's top 16 solar
cell companies list.
According to China's Association of Solar Energy's data in 2007 the output
of China's solar cell was 1180 MW and Europe, Japan and the United States were
1062,920 and 266 MW respectively, China has become the world's largest solar
cells producer. But, however, the development of China's solar power market
is relatively slow; in 2007 the total installed capacity was 100,000 kilowatts,
accounting for less than 1% of the world total.
In accordance with the current national plan, by 2010 China's photovoltaic
power generation capacity will reach a total installed capacity of 300 MW, by
2020 will reach 1.8 GW and by 2050 will reach 100 GW. In accordance with the
Chinese Academy of Sciences report that by 2050, in China the electricity installed
capacity of renewable energy resource will account for 25 % of the total electric
power installed capacity, among photovoltaic power generation capacity will
account for 5%.
According to some companies' data, we forecast that the production growth of
Chinese overseas listing solar cell companies will reach 100% in 2008 and next
year due to the supply of polysilicon materials would be balanced, the gross
profit rate of solar cell manufacturers will be increased.
Key Topics Covered:
- Overview of photovoltaic industry
- The current circumstance of the global photovoltaic industry
- The impact of policy on the development of solar energy
- The less impact of the falling of global oil prices on photovoltaic industry
- Analysis of the global photovoltaic market
- Technology of solar cell
- The circumstance of the Chinese photovoltaic industry
- The production of The Chinese polysilicon industry
- The circumstance of Chinese photovoltaic cell manufacturing