The Chinese Government aims to raise the total installed capacity of nationwide solar power generation to 21 gigawatts by 2015. Given the fact that the domestic installed capacity only stood at 3.6 gigawatts in 2011, massive potential remains in the Chinese market.
Recent trade frictions with the European Union has inflicted a crushing blow to China's photovoltaic (PV) industry. Despite being the largest PV producer, overdependence on foreign markets has made China's solar panel companies vulnerable to external factors. |