China’s National Energy Administration said on Tuesday that the country had installed an impressive number of photovoltaic solar panels, especially 9.65 GW in the first quarter of 2018, 22% more than in the same period of l year before and above analyst projections.
At a press conference on Tuesday, the China National Energy Administration (NEA) released new data revealing the country’s solar PV performance in the first quarter. The data comes to us through Beijing-based Asia Europe Clean Energy (Solar) Advisory, (AECEA), which covers the Chinese solar industry more than many non-Chinese analysts are able to.
Specifically, China installed a total of 9.65 GW of new solar PV power in the first quarter, or 1.97 GW of industrial scale solar power and 7.68 GW of distributed solar power. That’s a 22% increase from the same quarter last year, but that’s not the whole story.
Frank Haugwitz, director of AECEA, explained that the utilities segment in China actually declined 64% in the first quarter, compared to the previous year, while the country’s distributed solar segment increased by 217 %. .
The AECEA also alluded to the fact that the power grid downsizing problems, which plagued China’s solar industry for several years, are starting to improve, especially in areas like Xinjiang and Gansu Province. , where the electricity grid reduction levels in 2017 remained above 20% throughout the year.
It’s a good start to the year for the Chinese solar industry, which broke all kinds of records in 2017 with the installation of a massive 52.83 GW solar capacity after a year of repeated revisions to analysts’ expectations. . Looking ahead, there is no community agreement on how much solar power China will install in 2018, but the AECEA currently expects China to install between 40 GW and 45 GW. .