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New edition of China PV Industry Development Roadmap released

By Prof. Engr. Zamir Ahmed Awan 1 min read

Wire desk byline Sourced from Xinhua, Dawn, Arab News, Anadolu and Minute Mirror. Translated and abridged by the GSRRA Desk.

New edition of China PV Industry Development Roadmap released
(241227) -- BEIJING, Dec. 27, 2024 (Xinhua) -- An aerial drone photo taken on June 20, 2024 shows a view of a photovoltaic power project in Hotan Prefecture, northwest China's Xinjiang Uygur Autonomous Region. (Xinhua/Ding Lei)

The China Photovoltaic Industry Association on Thursday released this year’s edition of the China PV Industry Development Roadmap.

The China PV Industry Development Roadmap (2024-2025) covers various aspects of the photovoltaic (PV) industry chain, including 76 key indicators such as polysilicon, PV cells and new energy storage, according to the association.

The roadmap summarized the industry’s development situation for 2024, while also predicting development trends for the coming five years.

In 2024, newly-added solar PV installations in China surged 28.3 percent year on year to hit 277.57 GW — ranking first worldwide, the roadmap revealed.

In the case of polysilicon, the country’s production rose 23.6 percent year on year to 1.82 million tonnes in 2024, it said.

Driven by favorable factors such as the continued decline in PV power generation costs and growing demand in emerging markets, global installations of new PV capacity are expected to continue to rise, the roadmap predicts.

Global solar PV capacity may hit at least 5,400 GW by 2030, the roadmap said in quoting International Renewable Energy Agency (IRENA) data.  

Reference Link:- https://english.news.cn/20250227/94169eef02f74c51b9cc5d82f978903f/c.html

Prof. Engr. Zamir Ahmed Awan
Prof. Engr. Zamir Ahmed Awan Founder & Chair, Global Silk Route Research Alliance

Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…

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