China’s NEA confirms 34.54 GW of solar PV deployment in 2016

In 2016 Xinjiang, Shandong and Henan outperformed national solar PV deployment targets

On February 4th, 2017 China’s National Energy Administration (NEA) released its official solar photovoltaic (PV) statistics for the entire year 2016, Asia Europe Clean Energy (Solar) Advisory Co. Ltd. (AECEA) reports.

Accordingly, in total 34.54 GW of solar PV capacity were additionally installed including 4.23 GW of distributed generated PV representing approx. 12%.

Distributed solar PV increased by more than 200% YoY. The latter makes up now approx. 8.6% of the cumulatively installed capacity of 77.42 GW.

The 200% YoY increase certainly surprises, however bearing in mind that ground-mounted systems meeting various requirements up to 20 MW are considered distributed generation, AECEA notes.

Xinjiang, Shandong and Henan led the market

Exceptionally strong demand was visible in a handful of provinces which managed to exceed NEA’s 2016 guiding targets by up to and beyond 300%.

The autonomous region of Xinjiang was the number one destination with 3.29 GW followed by the provinces Shandong and Henan.

According to NEA statistics, solar PV generated approx. 66 billion kWh, thus representing 1% of the total generated power in China.

According to AECEA, the signs in 2017 are pointing towards another efficient year ahead. First and foremost the June 30^th deadline will undoubtedly ensure high demand and possibly another 20 GW could be installed.

China’s ees market expected to increase in the course of the 13^th Five-Year-Plan

By the end of its 12^th Five-Year-Plan (2011–2015) China was home to approx. 141 MW of installed stationary ees capacity, thus representing an approx. 12% global share. This share is expected to increase in the course of the 13^th Five-Year-Plan (2016–2020) period.

Drivers are, amongst others, falling prices thanks to the massive up-scaling of production capacities, the obvious need in light of the prevailing grid curtailment, and the increasing share of renewable energies in the grid.

According to AECEA’s market assessment the economics are in favour to deploy ees systems for stationary purposes. Payback periods are in an acceptable range and the pursued power sector reform creates opportunities allowing the emergence of new business models.

 source:http://www.solarserver.com