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.