Will rooftop solar PV installations in China surge in the next 3 years?

Rooftop solar PV installations in China may surge in the next three years as the country goes through a green energy transition and plans to make renewable energy a key cornerstone in the country's path to a greener economy, a recent research report said.

Why is rooftop solar so popular in China?

Most of that rooftop solar has been added in the past two years, as China offered support for local governments to boost installations, and raised power rates to businesses, making generating their own electricity more attractive.

Why is China doubling its rooftop solar capacity?

The country's rapid development of rooftop solar capacity is also driven by government incentives. Newly added annual installed capacity for solar stations has been around 30 GW on average over the past few years, China New Energy Investment and Financing Alliance said.

Will China's rooftop solar market grow in 2021?

Rooftop installations in China increased to 27.3 gigawatts in 2021 from 19.4 GW in 2017, and the growth should keep rising for the rooftop solar market, a Rystad Energy analysis piece said. Before 2017, rooftop solar was almost non-existent, with only 4 GW of installed capacity in 2016.

How much solar power can China have?

China’s buildings and rooftops have the potential to host more than 1 terawatt of solar power capacity, almost the same size as the entire existing global industry, according to the manufacturer.

What percentage of rooftops should be solar-powered?

The state entity wants selected counties to have at least 20% of all residential rooftops equipped with solar, as well as at least 30% of commercial and industrial structures; 40% of non-government public buildings, such as hospital and schools; and half of the roofs on the government estate. The latest edition of pv magazine is out!