China Solar Photovoltaic (PV) Market Analysis by Size, Installed Capacity, Power Generation, Regulations, Key Players and Forecast to 2035

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China Solar Photovoltaic (PV) Market Report Overview

The cumulative installed capacity for solar PV in China was 392.98 GW in 2022. It is expected to achieve a CAGR of more than 15% during 2022-2035. The China Solar Photovoltaic (PV) market research report offers comprehensive information and understanding of the solar PV market in China. The report discusses the renewable power market in the country and provides forecasts up to 2035.

China Solar PV Market Outlook, 2022-2035 (GW)

China Solar PV Market Outlook, 2022-2035 (GW)

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The report highlights installed capacity and power generation trends from 2010 to 2035 in the country’s solar PV market. Detailed coverage of the renewable energy policy framework governing the market is also provided in the report. The report provides company snapshots of some of the major market participants as well.

Cumulative Installed Capacity (2022) 392.98 GW
CAGR (2022-2035) >15%
Historical Period 2010-2022
Forecast Period 2023-2035
Key Deal Types ·       Debt Offerings

·       Venture Financing

·       Acquisition

·       Equity Offerings

·       Partnerships

·       Asset Transactions

·       Private Equity

Key Active Plants ·       Gonghe Photovoltaic Project

·       Tengger Desert Solar PV Park

·       National Advanced PV Technology Demonstration Center Solar PV Park

·       Baofeng Ningxia Solar PV Park

·       Xinrong Cooperative Solar PV Park II

Key Companies ·       Gonghe Photovoltaic Project

·       Tengger Desert Solar PV Park

·       National Advanced PV Technology Demonstration Center Solar PV Park

·       Baofeng Ningxia Solar PV Park

·       Xinrong Cooperative Solar PV Park II

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China Solar PV Market Segmentation by Deal Types

The key deal types in the China solar photovoltaic market are debt offerings, venture financing, acquisition, equity offerings, partnerships, asset transactions, and private equity. Both debt offerings and venture financing had an equal number of deals in the solar PV market in 2022.

China Solar PV Market Analysis by Deal Types, 2022 (%)

China Solar PV Market Analysis by Deal Types, 2022 (%)

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China Solar PV Market - Major Active Plants

Some of the major active plants in the China solar photovoltaic market are Gonghe Photovoltaic Project, Tengger Desert Solar PV Park, National Advanced PV Technology Demonstration Center Solar PV Park, Baofeng Ningxia Solar PV Park, and Xinrong Cooperative Solar PV Park II. As of 2023, Gonghe Photovoltaic Project has the highest total capacity.

China Solar PV Market Analysis by Active Plants, 2023 (%)

China Solar PV Market Analysis by Active Plants, 2023 (%)

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China Solar PV Market – Competitive Landscape

The key companies in the China solar photovoltaic market are Sungrow Power Supply Co Ltd, LONGi Green Energy Technology Co Ltd, Beijing Jingneng Clean Energy Co Ltd, Shanghai Electric Power Co Ltd, and Jilin Power Share Co Ltd.

Sungrow Power Supply Co Ltd: It is a renewable energy company that manufactures power supply equipment for solar PV (photovoltaic) and wind power projects. The company’s products include PV inverters, floating systems, storage systems, and accessories. Such products find application in solar energy photovoltaic power stations and solar energy photovoltaic generation systems for buildings and wind power generation plants.  Sungrow is headquartered in Hefei, Anhui, China.

China Solar PV Market Analysis by Companies, 2023

China Solar PV Market Analysis by Companies, 2023

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Segments Covered in The Report

China Solar PV Market Deal Types Outlook (Cumulative Installed Capacity, GW, 2010-2035)

  • Debt Offerings
  • Venture Financing
  • Acquisition
  • Equity Offerings
  • Partnerships
  • Asset Transactions
  • Private Equity

Scope

This report provides:

  • A brief introduction on global carbon emissions and global primary energy consumption.
  • An overview of the country’s renewable power market, highlighting installed capacity trends, generation trends, and installed capacity split by various renewable power sources.
  • Detailed overview of the country’s solar PV market with installed capacity and generation trends, and major active and upcoming solar PV projects.
  • Deal analysis of the country’s solar PV market.
  • Key policies and regulatory framework supporting the development of solar PV.
  • Snapshots of some of the major market participants in the country.

Reasons to Buy

  • The report will enhance your decision-making capability in a more rapid and time-sensitive manner.
  • Identify key growth and investment opportunities in the country’s solar PV market.
  • Facilitate decision-making based on strong historical and forecast data for the solar PV market.
  • Position yourself to gain the maximum advantage of the industry’s growth potential.
  • Develop strategies based on the latest regulatory events.
  • Identify key partners and business development avenues.
  • Understand and respond to your competitors’ business structure, strategy, and prospects.

Sungrow Power Supply Co Ltd
LONGi Green Energy Technology Co Ltd
Beijing Jingneng Clean Energy Co Ltd
Shanghai Electric Power Co Ltd
Jilin Power Share Co Ltd

Table of Contents

  • 1. Introduction
  • 1.1 Carbon Dioxide Emissions, Global, 2001–2022
  • 1.2 Primary Energy Consumption, Global, 2001–2022
  • 1.3 Report Guidance
  • 2. Renewable Power Market, China
  • 2.1 Renewable Power Market, China, Installed Capacity, 2010-2035
  • – Renewable Power Market, China, Cumulative Installed Capacity by Source, 2010-2035
  • – Renewable Power Market, China, Cumulative Installed Capacity Share by Source, 2022 and 2035
  • – Renewable Power Market, China, Net Capacity Additions by Source, 2022-2035
  • – Renewable Power Market, China, Capacity Growth by Source, 2022-2035

  • 2.2 Renewable Power Market, China, Power Generation, 2010-2035
  • – Renewable Power Market, China, Power Generation by Source, 2010-2035
  • – Renewable Power Market, China, Growth in Power Generation by Source, 2022-2035

  • 3. Solar PV Market, China
  • 3.1 Solar PV Market, China, Installed Capacity, 2010-2035
  • 3.2 Solar PV Market, China, Power Generation, 2010-2035
  • 3.3 Solar PV Market, China, Market Size, 2010-2030
  • 3.4 Solar PV Market, China, Power Plants
  • – Solar PV Market, China, Major Active Plants
  • – Solar PV Market, China, Snapshot of Upcoming Plants
  • – Solar PV Market, China, Key Under-construction Projects

  • 3.5 Solar PV Market, China, Deal Analysis, 2022
  • – Solar PV Market, China, Deal Volume vs. Deal Value, 2010–2022
  • – Solar PV Market, China, Split by Deal Type, 2022

  • 3.6 Solar PV Module Market, China, 2012-2026
  • – Solar PV Module Market, China, Market size by Type, 2012-2026

  • 4. Renewable Energy Policy Framework, China
  • 4.1 Renewable Energy Market, Overview
  • 4.2 Policy Snapshot
  • 4.3 Renewable Energy Targets
  • 4.4 Renewable Energy Law
  • – Taxation Measures
  • – Grid Access
  • – Interconnection Standards
  • – Special Fund for Renewable Energy Development
  • – Renewable Energy Power Consumption Guarantee Mechanism
  • – Renewable Energy Law Amendments

  • 4.5 International Science and Technology Co-operation Program for New and Renewable Energy
  • 4.6 The 14th Five-Year Plan
  • 4.7 Hydrogen Energy in China
  • – Shandong Province
  • – Guangdong Province
  • – Heibei Province
  • – Ningxia Province
  • – Henan Province

  • 4.8 Renewable Portfolio Standard (RPS)
  • 4.9 Carbon Intensity Target
  • 4.10 National Emission Trading Scheme (ETS)
  • 4.11 Global Environment Facility (GEF) Grants
  • 4.12 Subsidy-Free Solar, Wind Power Policy
  • 4.13 Financial Incentives and Policy Support for Solar, China
  • – Solar Auctions and Schemes
  • – Solar Mandate
  • – Action Plan for the Development of Smart Photovoltaic Industry

  • 4.14 Financial Incentives and Policy Support for Wind, China
  • – Wind Auctions and Rules
  • – Notice on Provisional Management Measures for Distributed Wind Power Project Development and Construction for all provinces.
  • – Notice regulating the standardization of the wind power equipment and generators quality.
  • – Market Entry Standards for Wind Equipment Manufacturers

  • 4.15 Financial Incentives and Policy Support for Hydropower, China
  • – Preferential Value Added Tax for Small Hydropower
  • – Rural Electrification Policies Favouring Small Hydro Installation
  • – China Three Gorges rules for new domestic hydro projects

  • 4.16 Financial Incentives and Policy Support for Biopower, China
  • – Value Added Tax for Biogas
  • – Non-food Biomass Feedstock Standardization Technical Committee

  • 5. Solar PV Power Market, China, Company Profiles
  • 5.1 Sungrow Power Supply Co Ltd
  • – Sungrow Power Supply Co Ltd – Company Overview
  • – Sungrow Power Supply Co Ltd – Major Products and Services
  • – Sungrow Power Supply Co Ltd – Head Office

  • 5.2 LONGi Green Energy Technology Co Ltd
  • – LONGi Green Energy Technology Co Ltd – Company Overview
  • – LONGi Green Energy Technology Co Ltd – Major Products and Services
  • – LONGi Green Energy Technology Co Ltd – Head Office

  • 5.3 Beijing Jingneng Clean Energy Co Ltd
  • – Beijing Jingneng Clean Energy Co Ltd – Company Overview
  • – Beijing Jingneng Clean Energy Co Ltd – Business Description
  • – Beijing Jingneng Clean Energy Co Ltd – Major Products and Services
  • – Beijing Jingneng Clean Energy Co Ltd – Head Office

  • 5.4 Shanghai Electric Power Co Ltd
  • – Shanghai Electric Power Co Ltd – Company Overview
  • – Shanghai Electric Power Co Ltd – Major Products and Services
  • – Shanghai Electric Power Co Ltd – Head Office

  • 5.5 Jilin Power Share Co Ltd
  • – Jilin Power Share Co Ltd – Company Overview
  • – Jilin Power Share Co Ltd – Major Products and Services
  • – Jilin Power Share Co Ltd – Head Office

  • 6. Appendix
  • 6.1 Abbreviations
  • 6.2 Market Definitions
  • – Power
  • – Renewable Power
  • – Installed Capacity
  • – Electricity Generation
  • – Electricity Consumption

  • 6.3 Methodology
  • – Coverage
  • – Secondary Research
  • – Primary Research
  • – Modelling and Forecasting

  • 7. Contact Us

Table

Table 1: Carbon Dioxide Emissions from Energy Consumption, Global, 2001–2022

Table 2: Primary Energy Consumption, Global, 2001–2022

Table 3: Renewable Power Market, China, Cumulative Installed Capacity by Source (GW), 2010-2035

Table 4: Renewable Power Market, China, Cumulative Installed Capacity Share by Source (%), 2022 and 2035

Table 5: Renewable Power Market, China, Net Capacity Additions by Source (GW), 2022-2035

Table 6: Renewable Power Market, China, Capacity Growth by Source, 2022-2035

Table 7: Renewable Power Market, China, Power Generation by Source (TWh), 2010-2035

Table 8: Renewable Power Market, China, Growth in Power Generation by Source, 2022-2035

Table 9: Solar PV Market, China, Installed Capacity (GW), 2010-2035

Table 10: Solar PV Market, China, Power Generation (TWh), 2010-2035

Table 11: Solar PV Market, China, Market Size ($M), 2010-2030

Table 12: Solar PV Market, China, Major Active Plants

Table 13: Solar PV Market, China, Snapshot of Upcoming Plants

Table 14: Solar PV Market, China, Key Under-construction Projects

Table 15: Solar PV Market, China, Deal Volume vs. Deal Value ($M), 2010–2022

Table 16: Solar PV Market, China, Deals by Type, 2022

Table 17: Solar PV Module Market, China, Crystalline Modules, Market Size ($M), 2012-2026

Table 18: Solar PV Module Market, China, Thin-film Modules, Market Size ($M), 2012-2026

Table 19: Policy Snapshot, China, 2022

Table 20: Renewable Energy Law, China, Major Regulations

Table 21: Renewable Energy Law, China, Renewable Portfolio Standards by Province (%), 2021

Table 22: GEF Active Projects Funding, China, 2022

Table 23: GEF Funding Allocation, STAR GEF-8, China, 2022

Table 24: Power Market, China, Top 10 winners Solar PV Tender, 2019

Table 25: Sungrow Power Supply Co Ltd, Major Products and Services

Table 26:- LONGi Green Energy Technology Co Ltd, Major Products and Services

Table 27: Beijing Jingneng Clean Energy Co Ltd, Major Products and Services

Table 28: Shanghai Electric Power Co Ltd, Major Products and Services

Table 29: Jilin Power Share Co Ltd, Major Products and Services

Table 30: Abbreviations

Figures

Figure 1: Carbon Dioxide Emissions from Energy Consumption, Global, 2001–2022

Figure 2: Primary Energy Consumption, Global, 2001–2022

Figure 3: Renewable Power Market, China, Cumulative Installed Capacity by Source (GW), 2010-2035

Figure 4: Renewable Power Market, China, Cumulative Installed Capacity Share by Source (%), 2022 and 2035

Figure 5: Renewable Power Market, China, Net Capacity Additions by Source (GW), 2022-2035

Figure 6: Renewable Power Market, China, Capacity Growth by Source, 2022-2035

Figure 7: Renewable Power Market, China, Power Generation by Source (TWh), 2010-2035

Figure 8: Renewable Power Market, China, Growth in Power Generation by Source, 2022-2035

Figure 9: Solar PV Market, China, Installed Capacity (GW), 2010-2035

Figure 10: Solar PV Market, China, Power Generation (TWh), 2010-2035

Figure 11: Solar PV Market, China, Market Size ($M), 2010-2030

Figure 12: Solar PV Market, China, Snapshot of Upcoming Plants

Figure 13: Solar PV Market, China, Deal Volume vs. Deal Value ($M), 2010–2022

Figure 14: Solar PV Market, China, Split by Deal Type (%), 2022

Figure 15: Solar PV Module Market, China, Crystalline Modules, Market Size ($M), 2012-2026

Figure 16: Solar PV Module Market, China, Thin-film Modules, Market Size ($M), 2012-2026

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