China Rooftop Solar Panel Market Size, Share and Forecast 2019-2025
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In 2009, the National People’s Congress set a long-term target of the capacity of 20-30 GW by 2030. In 2011, the government announced that the plan might be exceeded several-fold, with the installed capacity possibly reaching as much as 10 GW by 2020. In 2007, according to plans disclosed by the National Development and Reform Commission, the country's installed solar capacity is expected to grow to 1,800 MW by 2020. Such measures are expected to create opportunities for the significant growth of the market in the near future.
Moreover, in terms of production of solar cells, China dominated the market, according to International Energy Association, the country registered a total of 66% share in the overall production of solar cells across the globe. It is expected to be followed by Taiwan and Malaysia. These statistics signify the fact that the cost associated with the solar panels is expected to be significantly less in China; this is expected to be one of the key reasons which will promote the adoption of solar panels for rooftop installation in China in the near future.
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China Rooftop Solar Panel Market Segmentation
· Monocrystalline Solar Panel
· Polycrystalline Solar Panel
· Thin-Film Crystalline Solar Panel
· Amorphous Silicon (a-Si)
· Cadmium Telluride (CdTe)
· Copper Indium Gallium Selenide (CIS/CIGS)
· Other Solar Panels
· Household Sector
· Corporate Sector
· Allpowers Industrial International Ltd.
· China Sunergy Co., Ltd.
· Hanwha SolarOne Co. Ltd.
· JA Solar Holdings Co., Ltd.
· JinkoSolar Holding Co., Ltd.
· Renesola Zhejiang, Ltd.
· Risen Energy Co., Ltd.
· Shenzhen Portable Electronic Technology Co., Ltd.
· Trina Solar Energy Co., Ltd.
· Yingli Green Energy Holding Co., Ltd.
· Zhongli Talesun Solar Co., Ltd.
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