Transcript of "Asia Pacific Solar Photovoltaic Market Outlook to 2015 - China and Taiwan Leading the Demand"
TABLE OF CONTENTS1. China Solar Photovoltaic (PV) Market Introduction2. China Solar Feed-in Tariffs Present Status and Impact3. China Solar PV Market Size, 2006-2010 3.1. China Solar PV On-Grid and Off-Grid Cumulative Installed Capacity, 2006-2010 3.2. China Solar PV On-Grid and Off-Grid Annual Installed Capacity, 2006-20104. China Solar PV Power per Capita, 2006-20105. China PV Shipments, 2007-20106. China Solar PV Market Segmentation 6.1. By Technology Capacity and Output, 2010 6.2. On the Basis of Applications of Solar PV, 20107. China Solar PV Market Competitive Landscape8. China Solar PV SWOT Analysis Strengths Weakenesses Opportunities Threats9. China Solar PV Market Future Outlook 9.1. China Solar PV Cumulative Installed Capacity, 2011-2015 9.2. China Solar PV Annual Installed Capacity, 2011-2015 9.3. China Solar PV Power Per Capita, 2011-2015 9.4. China Total Electricity Demand and Solar PV Electricity Contribution, 2009-201510. China Macro Economic Indicators: Current and Projections 10.1. Population, 2006-2015 10.2. GDP, 2006-201511. Appendix 11.1. Market Definition 2
11.2. Abbreviations11.3. Research Methodology Data Collection Methods Approach11.4. Disclaimer 3
LIST OF FIGURESFigure 1: China Solar PV Market Size in terms of Grid Connected and Off-Grid CumulativeInstalled Capacity in Percentage, 2006-2010Figure 2: China Solar PV Market Size in terms of On-Grid and Off-Grid Annual InstalledCapacity in Percentage, 2006-2010Figure 3: China Solar PV Power Installed Capacity per Capita in Watt/Inhabitant, 2006-2010Figure 4: China Solar PV Shipments in Megawatt (MW), 2007-2010Figure 5: China Solar PV Market Segmentation on the Basis of Applications of Solar PV, inPercentage, 2010Figure 6: China Solar PV Cell/Module Producers Market Share on the basis of Production orShipment Volume in Percentage, 2010Figure 7: China Solar PV Market Size in terms of Cumulative Installed Capacity inMegawatt, 2011-2015Figure 8: China Solar PV Market Size in terms of Annual Installed Capacity in Megawatt,2011-2015Figure 9: China Solar PV Power Installed Capacity per Capita in Watt/Inhabitant, 2011-2015Figure 10: China Total Electricity Demand in Terawatt hour (TWh) and Contribution of SolarPV Electricity in Percentage, 2009-2015 4
LIST OF TABLESTable 1: Present Scenario and Impact of Feed-in Tariff Plans in China Solar PhotovoltaicMarketTable 2: China Solar Photovoltaic Industry Feed-in Tariff Rates, in CNY/kWh in 2011Table 3: China Solar PV Market Size in terms of On-Grid and Off-Grid and TotalCumulative Installed Capacity in Megawatt (MW), 2006-2010Table 4: China Solar PV Market Size in terms of On-Grid and Off-Grid and Total AnnualInstalled Capacity in Megawatt (MW), 2006-2010Table 5: China Solar PV Market Segmentation by Technology Capacity and Output, 2010Table 6: Competitive Landscape of Major Solar Photovoltaic Cell/Module Producers inChina (JA Solar, Suntech, Yingli Solar and Trina Solar)Table 7: China Major Solar PV Cell/Module Producers’ Production or Shipment Volume inMegawatt (MW), 2009-2010Table 8: China Solar PV Market Size in terms of Cumulative Installed Capacity in Megawatt,2011-2015Table 9: China Solar PV Market Size in terms of Annual Installed Capacity in Megawatt,2011-2015Table 10: China Population Trend in Million, 2006-2015Table 11: China Gross Domestic Product in USD Billion, 2006-2015 5
EXECUTIVE SUMMARYThe report titled “China Solar Photovoltaic Market Outlook to 2015” provides acomprehensive analysis on various aspects such as On-Grid and Off-Grid Cumulative andAnnual Installed Capacity, PV power per capita, market segmentation and competitivelandscape of the major players operating in the country. The report also entails the SWOTanalysis of solar PV market in China.The future outlook presented the base case, conservative case and aggressive casescenario factor analysis providing an insight on the prospects in the solar PV cumulativeand annual installed capacity for the country.The country has over 400 solar PV companies which produce over 23% of the PV productsglobally. The number of grid connected large scale PV installations has increased in thecountry. It has been witnessed that the proportion of on-grid installations in the totalannual installed capacity has risen over the years. The grid connected installations were477 MW in 2010.China is one of the leaders in the production of PV cells and modules but lag in thenumber of PV installations. Although the country has witnessed growth in the PV sector,still in terms of PV installations the country has a small share of 4% of the global PVinstallations as the country ships over 96% of its production to overseas market. Theshipment level has increased almost 8 times from the level of 1088 MW in 2007 to 8000 MWin 2010.The country has a moderate capacity utilization ratio of 53% in terms of output ofpolysilicon material. China generated 45,000 tons of polysilicon wafers in 2010comparative to the capacity of 85,000 tons. The market is currently dominated by themulti-crystalline and single crystalline technology. About 11 GW of solar cells wereproduced in 2010.Rural electrification was the largest application of PV systems in China. Almost 50% ofsolar PV installations are utilized for electrifying the rural areas. With more emphasis bygovernment on the BIPV segment, its share of 17.5% in 2010 is likely to increase in thecoming years. Communication and Industrial Applications, Small solar PV appliances andground based large scale PV power plants are other segments where PV installed capacityare utilized.Electricity demand in China has grown at a rapid pace in the past. It was registered at2,783 TWh in 2010 with solar PV contributing approximately around 0.20%. It is expectedthat in 2011, total electricity demand will increase to 2,914 TWh while solar PV marketshare in the electricity consumption will increase to 0.24%. The electricity demand isexpected to grow at an estimated CAGR of 5% and will reach to ~ TWh by 2015 with solarPV contribution of ~%. 6
KEY TOPICS COVERED IN THE REPORT • The feed-in-tariffs introduced in the country and their effect on the solar PV market • The annual and cumulative PV installations along with PV power per capita in the country from 2006-2010 • Future Outlook on the basis of assumed scenarios i.e. base case, worst case and aggressive case on cumulative installed capacity, annual installed capacity and PV power per capita, from 2011-2015 • SWOT analysis of the solar PV industry and Macro Economic Environment in the country • Competitive Landscape of the various players operating in the country. 7