Datang Guizhou Zhijin Solar PV Park is an 80MW solar PV power project. It is located in Guizhou, China. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide,
Meanwhile, a number of new energy projects are under construction across the province. By 2025, the total installed capacity of wind power generation in Guizhou is projected to reach 10.8 million kilowatts, while solar power generation is expected to reach 31 million kilowatts.
As of the end of June this year, the total installed capacity of new energy in Guizhou had reached 21.8 million kilowatts, with wind power accounting for over 6 million kilowatts and solar power accounting for more than 15 million kilowatts. Meanwhile, a number of new energy projects are under construction across the province.
In addition, the total installed photovoltaic capacities in Southwest and South China are relatively low, while the competitive patterns of photovoltaic power installation in Northeast China, including Heilongjiang and Liaoning provinces are becoming increasingly obvious.
Regarding the installation, China is striving to lead that as well. The Renewable Energy Agency's updated report shows that solar PV installation increased from 72 GW in 2011 to more than 1 TW by the end of 2022 (IRENA, 2022b). China's share in production increased from 60 % in 2010 to almost 80 % in 2021.
For Yunnan, Guangdong, and Hubei, the photovoltaic power installations are at low levels with neighboring provinces, showing a relatively weak regional competition pattern. In addition, the photovoltaic power installation in different stages varied at the provincial level.
With solar photovoltaics taking over recently, an in-depth look into their supply chain shows a surprising dependency on the Chinese market from the raw materials to the assembled PVs. This article tackles the main challenges in the solar energy market and sheds light on the opportunities in that industry.
