For the complete report, get in touch with us at : info@netscribes.com The Solar Photovoltaic Market in China is growing at a fast pace which has made it the global leader in the manufacturing of solar cells and modules. This has been primarily driven by government policies and subsidies. A strong need to meet the ever increasing energy demand drives the solar PV market. The low cost of labour in China has made it lucrative for firms to venture into the sector. High demand from the export market for solar cells and modules also provides a boost to the market. The report begins with an introduction to the renewable energy market in China with emphasis on its renewable energy capacity targets and the contribution of solar PV. It further delves into an overview of the photovoltaic technology, its major components and its various types. The market overview section gives an insight into the capacity and production levels of solar cells and modules with its production and value chain. An analysis of drivers and challenges explains the factors leading to the growth of the market and include economic growth and demand for energy, geographical advantages and vast solar resources, huge export market, solar subsidies, strong investment potential and low carbon footprint. The key challenges identified are shortage of silicon supply and recycling limitations, high costs of electricity generation and technological issues. The various initiatives take by the Chinese Government have been highlighted and include renewable energy law, feed-in-tariff, MOHURD subsidy (Solar Roofs program), the Golden Sun program, government support policies and rural electrification programme. Key trends in the market have also been analyzed which includes adaptation of new thin film technologies, new applications of solar PV technology and international participation. The competition section provides an overview of the competitive landscape in this industry and includes a detailed profile of the major players in the market along with a snapshot of their business. Key developments in this sector have also been highlighted.

1. Solar Photovoltaic Market – China
March 2011

2. Executive Summary
China is the largest PV cell manufacturing country in the world accounting for a share of x% of the global
Market production capacity in 20--
It also has the largest production base for modules with a share of y% in 20--
Drivers: Economic growth and demand for energy, Geographical advantages and vast solar resources, Huge
Drivers & export market, Solar subsidies, Strong investment potential and Low carbon footprint
Challenges Challenges: Shortage of silicon supply and recycling limitations, High costs of electricity generation and
Technological challenges
Government
Renewable Energy Law
Feed-in-Tariff
PLE
M
MOHURD Subsidy (Solar Roofs Program)
Initiatives The Golden Sun Program
SA
Government Support Policies
Rural Electrification Programme
Adaptation of new thin film technologies
Trends New applications of solar PV technology
International participation
Market comprises of a large number of domestic players and constantly increasing participation from foreign
players
Competition Domestic Players Foreign Players
Player 1 Player 2 Player 3 Player 4 Player 5 Player6
SOLAR PHOTOVOLTAIC MARKET IN CHINA 2011.PPT 2

3. •Introduction
•Market Overview
•Drivers & Challenges
•Government Initiatives
•Trends
•Competition
•Key Developments
SOLAR PHOTOVOLTAIC MARKET IN CHINA 2011.PPT 3

4. China is gradually shifting focus towards its renewable
energy (RE) resources
China Renewable Energy (RE) Market Average Annual Growth of RE Capacity
• Principal renewable sources of energy are: 200—200-
Wind Energy 200- only
Hydropower
Biomass
Solar Energy
LE
• China spent USD x bn on renewable energy in 200-
0
and the government plans to invest USD y bn on it
P
Solar PV Solar PV Solar Wind Power Bio-diesel
over the next five years (Grid-tied) (Utility scale) Thermal Production
Power
M
• In 200-, it added n GW of renewable power capacity ,
China’s Renewable Energy Capacity Targets
A
accounting for about m% of the country’s final
S
energy consumption Solar PV Wind Power
GW
Biomass Hydropower
• China aims for a% of final energy consumption from
renewables by 20-- targeting about b GW of hydro, c
GW of wind, d GW of biomass, and e GW of solar PV
• The solar energy market has been developing
constantly due to strong technological innovations
coupled with government initiatives
0
2005 2010e 2020e
Source:
SOLAR PHOTOVOLTAIC MARKET IN CHINA 2011.PPT 4

5. China has been growing rapidly and is the largest producer
of PV cells and modules in the world
Market Overview Capacity and Production of Solar PV Cells
Solar cell capacity
• China has become the global hub for manufacturing
GW Solar cell production
of photovoltaic cells
• It is the largest PV cell manufacturing country in the Y%
world accounting for a share of x% of the global
LE
production capacity in 20--
P
• It also has the largest production base for modules 0
2007 2008 2009 2010e 2011e 2012e
M
with a share of y% in 20-- Capacity and Production of Solar PV Modules
S
the production of PV cells between 200- -200-A
• China has registered a phenomenal CAGR of z% in
• Over USD p bn revenue per year is added by solar PV
GW
Solar module capacity
Solar module production
market at a CAGR of over q%
X%
• Over 150--- jobs were linked to this sector in 200-
0
2007 2008 2009 2010e 2011e 2012e
Source:
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6. Drivers & Challenges – Summary
Drivers
Economic growth and demand for
energy Challenges
Geographical advantages and vast Shortage of silicon supply and
solar resources recycling limitations
Huge export market High costs of electricity generation
Solar subsidies Technological challenges
Strong investment potential
Low carbon footprint
SOLAR PHOTOVOLTAIC MARKET IN CHINA 2011.PPT 6

7. Government Initiatives - Summary
Renewable Energy Law
Feed-in-Tariff
MOHURD Subsidy (Solar Roofs Program)
Key Initiatives
`
The Golden Sun Program
Government Support Policies
Rural Electrification Programme
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8. Trends – Summary
Adaptation of new thin film
technologies
Key
Trends
New applications of solar PV
International participation
technology
SOLAR PHOTOVOLTAIC MARKET IN CHINA 2011.PPT 8

9. Domestic Players in the Market (11/13)
Company Snapshot: Company A
Corporate Information Financial Performance
Revenue
Headquarters ---- Revenue Profit
Profit / Loss
USD mn USD mn
Founded ---
LE
Products ---
Key People X – Chairman and CEO
MP 0
2006 2007 2008 2009
Business Highlights
SA
• Company A has formed strategic partnership with x to jointly develop the global solar PV market
The cooperation will help G expand its market in on-grid applications for PV power stations
• It completed a X MW on-grid power station project in South Korea
The company provided technical guidance, equipment selection, and other services to the engineering, procurement and construction
firm based in South Korea
• It also constructed its Y MW manufacturing line which has commenced commercial production
This brought the company’s annual manufacturing capacity to Z MW
Source:
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10. Thank you for the attention
The Solar Photovoltaic Market - China report is a part of Netscribes’ Power Industry Series.
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