The Promising Future of the Solar Energy

The earth’s surface of every square meter received radiation can produce 1700kWh electricity power average annual. International Energy Agency data shows that if 4% of the global desert on solar photovoltaic system installation, it will be sufficient to meet global energy demands.

Solar energy as a kind of sustainable utilization clean energy, there is huge potential application and infinite development space. From the standpoint of modern science and technological development, the development & utilization improvement of solar energy technology may determine the future of mankind’s way of life.

Solar photovoltaic technology development began in the 1950s. With the situation of tightening global energy and environmental protection requirement, it gets a rapid development in recent years. And this technology has been firstly large areas promoted and applied in Germany, Japan and North America.

Under the pull of the international market and domestic policy, China’s photovoltaic industry rise gradually and quickly became a rising star in the international community, China’s solar energy industry chain is forming.

Global solar energy application is growing rapidly. 2007 append capacity 2249MWp (172 billion dollars), up 40.74%. The global market application cumulative volume reaches to 9100MWp. Europe and the United States accounted for 80% of the world ; China 2007 append capacity of 26MWp (2 billion dollars), up 160 percent year-on-year growth.

We believe that the today of European and American market certainly is the tomorrow of domestic market which has been proved in many industries. Domestic facing same globalization of energy shortage, emission reduction, environmental protection, the pressure of energy prices rising which exist violent market impulses and needs.

China is rich in solar energy resources, but the application has just begun. As of 2007 the accumulative total market applications is 100MWp which including 42% rural electrification supported by government, communications and industrial accounted for 30%, solar photovoltaic products (lamps, landscape, traffic signal lights) 22% and 6% for net generation.

As of Jan 1, 2006, the implementation of the “People’s Republic of China Renewable Energy Law”, solar energy is classified as 2010-2020 renewable energy development. The government begins to promote the development of solar energy.

From “China PV industry research report”