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Market Insight

2019 China PV demand clarified - on track to 43 GW

July 19, 2019  | Subscribers Only

Holly Hu Holly Hu Senior Analyst, Solar Supply Chain

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On July 12 2019, China´s National Energy Authority (NEA) finally announced the 2019 solar PV subsidized projects by bidding process results, which clarifies the Chinese PV market. As discussed in the insight ‘Fog lifts over the Chinese PV market’ , the total amount of approved projects under the bidding scheme determine the final demand for PV in China in 2019. After the latest announcement from NEA, IHS Markit reiterates its projection of 43 GW-dc for 2019 PV installations in China.

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