China's photovoltaic products accounts for about half of global capacity in 2010: expert

17:08, December 27, 2010      

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The total capacity of China's photovoltaic products in 2010 exceeded 8 gigawatt, making up about half of the global output, according to Zhao Yuwen, director of the photovoltaic division of the China Renewable Energy Society.

Global capacity this year is expected to be of 15 to 16 gigawatt.

With China leading in the photovoltaic battery field, upstream industries are sure to walk on a loss-free path.

Regardless of the apparent dominance in the field, industry analysts still think the target of 20 gigawatt by 2020, set by the National Energy Administration (NEA), is too conservative.

Upstream new materials industries into photovoltaic batteries, including silicon, amorphous silicon and solar battery glasses, are all walking on a loss-free carpet.

Relevant organizations also predict that by 2030, the electricity generated via solar power will account for more than 10 percent of the total globally; and more than 20 percent by 2050, and the large market demand will serve as impulse for the rapid development of industries in the field.

Source: Global Times
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