China further consolidated its topmost ranking as the largest installer of solar projects in the world by installing 24.4 GW of solar projects in the first half of 2017. With this cumulative installed capacity in China has crossed 100 GW.
There has been a marked increase in installation numbers compared to previous years. According to National Energy Administration (NEA), in 1H 2016, 22 GW of solar was installed; 2.4 GW less than the 24.4 GW in H1, 2017. Compared to H1, 2015, in which 7.7 GW of solar was installed the numbers have more than tripled.
Of the 24.4 GW installed in 1H, 2017, grid-connected solar projects accounted for 17.3 GW and distributed generation solar projects (off-grid, rooftop, and the like) account for 7.11 GW. There has been an increase in distributed generation solar projects in China. In 2016, distributed generation solar accounted for just 4.23 GW.
According to Asia Europe Clean Energy Advisory, demand in China going to into second half is a lot stronger due to the 5.5 GW Top Runner Program, which carries a deadline of September 30, 2017, and the Poverty Alleviation program (all year).
Raj is a recognized thought leader in clean energy markets where his work has influenced policies worldwide. He has a deep understanding of regulatory policy and clean energy markets and his market and opinion pieces are regularly published on both MercomIndia.com and other leading publications globally. Raj is also a regular speaker and presenter on clean energy policy and finance topics at conferences worldwide. Raj attended the KLE College of Science in Bangalore, India for physics and chemistry, and holds a Bachelor of Science Degree in Hotel and Institutional Management from Johnson and Wales University, Rhode Island. More articles from Raj Prabhu.