China's non-residential PV pipeline reaches 16 GW in Oct 2011
Nov 9, 2011 - China's non-residential photovoltaic (PV) project pipeline hit 16 GW at the end of October, driven by improved project internal rates of return thanks to falling module and balance of system prices, according to a resent report of Solarbuzz.
In its China Deal Tracker report the solar-focused market researcher says that as many as 195 projects with a total capacity of 1.8 GW will be installed this year in China, enabling the country to reach the US in terms of installed PV capacity by the end of the year.
Currently there are 1,104 non-residential projects installed, under construction, or in development in China. The projects are mainly located in 10 provinces which account for 86% of the total project pipeline.
Building-mounted projects have a 10% share of the current project pipeline.
If system prices fall further, PV electricity production will become viable for self-consumption by industrial and commercial users not later than in 2013, according to the report.