China leads the world in solar power installations

China leads the world in solar power installations

by Lucas Mearian, ComputerWorld

Lower taxes for solar power continues to drive market expansion globally, report says

China continues to lead the world in solar-power installations and is expected to increase its capacity by more than 7 gigawatts (GW), or 7 billion watts, over last year, according to a new report.

Last year, China installed 15.13GW of new solar photovoltaic (PV) capacity, reaching a cumulative solar capacity of 43.48GW, according to research firm GlobalData.

This year, China’s cumulative capacity has already surpassed 50.3GW. The country’s PV installed capacity has increased around 15-fold since 2011 when it had 3.30GW of installed solar capacity.

In the first quarter of 2016, China added a total of 7.14GW of solar capacity, of which 6.17GW accounted for solar PV power plants, and 970 megawatts (MW) for distributed PV installations, such as rooftop panels.

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