What does it mean that nearly half of the global photovoltaic installed capacity is in China?

Silicon solar cells

"Now, nearly half of the world's installed photovoltaic capacity is located in China, more than half of the world's new energy vehicles are driven in China, and a quarter of the world's new green area comes from China. We strive to achieve carbon peak before 2030 and carbon neutrality before 2060. We will do what we say."

So, what technology is photovoltaic power generation? What does nearly half of its installed capacity mean in China? What role does photovoltaic power play in the energy transformation process that the international community is striving to promote? Today we invite Zheng Zhanghua, a researcher at the Global Energy Internet Development Cooperation Organization, to give a speech.


(1) Advanced version of solar power generation technology

Energy transformation has always been highly valued by the international community, mainly because it plays a crucial role in addressing global climate issues. During the previous industrialization period, countries around the world continuously used fossil fuels such as coal and oil for power generation in order to promote local economic development.


(2) Significant assistance in promoting global energy transformation

In fact, photovoltaic cells were applied as early as the 1960s, but mainly to provide electricity for space exploration fields such as satellites and space stations. After people realized the importance of renewable energy, photovoltaic power generation quickly moved towards large-scale commercialization, and some countries and regions began to introduce policies to encourage and support the development and application of photovoltaic power generation.


(3) What are the daily uses of photovoltaic power generation

Nowadays, as an economically competitive form of renewable energy, photovoltaic power generation has become an important component of global energy supply. According to data analysis, driven by the rise in global electricity prices and the more competitive cost of photovoltaic systems, it is expected that the newly installed photovoltaic power generation capacity worldwide this year will reach 414 million kilowatts.

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