ChinasresidentialPVindustryexpectssurgeinnextfiveyears-Eastday

Welcome to english.eastday.com.Today isCONTACT US│BIG5│中文版│日本語│美国站│加拿大站│OLD VERSIONFollow us @Contribute to us!LatestShanghaiBusinessCultureChinaWorldPicturesTopicsLifeServicesHomeautoArticleChinas residential PV industry expects surge in next five yearsFrom:ChinaDaily   |  2021-04-12 11:15BEIJING – To reach Chinas goal of carbon neutrality, the countrys residential photovoltaic (PV) industry will embrace huge growth in the next five years and beyond, an expert has said. Chinas residential PV systems are expected to set a new record for total installation volume this year, said Wang Bohua, an official with the China Photovoltaic Industry Association, at an industry forum. The newly added installation volume of Chinese PV systems totaled 48.2 GW last year, with the volume for residential use accounting for 21 percent of the total, said Wang. “During the countrys 14th Five-Year Plan period (2021-2025), residential PV will continue to be an important part of the PV markets growth,” he added. China has announced that it will strive to bring its carbon emissions to a peak before 2030 and become carbon-neutral before 2060. Therefore, with less than 10 years remaining before its first goal, emission control efforts in the next five years have become especially crucial. The country has also called for efforts to implement its rural vitalization strategy, which is expected to generate faster growth for the residential PV industry.SharebShare.addEntry({url:http://english.eastday.com/eastday/eastday2015/Business/auto/u1ai8706813.html,title:Chinas residential PV industry expects surge in next five years,summary:BEIJING – To reach Chinas goal of carbon neutrality, the countrys residential photovoltaic (PV) industry will embrace huge growth in the next five years and beyond, an expert has said. Chinas residential PV systems are expected to set a new record for total installation volume this year, said Wang Bohua, an official with the China Photovoltaic Industry Association, at an industry forum. The newly added installation volume of Chinese PV systems totaled 48.2 GW last year, with the volume for residential use accounting for 21 percent of the total, said Wang. “During the countrys 14th Five-Year Plan period (2021-2025), residential PV will continue to be an important part of the PV markets growth,” he added. China has announced that it will strive to bring its carbon emissions to a peak before 2030 and become carbon-neutral before 2060. Therefore, with less than 10 years remaining before its first goal, emission control efforts in the next five years have become especially crucial. The country has also called for efforts to implement its rural vitalization strategy, which is expected to generate faster growth for the residential PV industry.});About EastdayStatementSite MapAdvertisingCooperationContact UsCopyright @ English.Eastday.Comvar _bdhmProtocol = ((“https:” == document.location.protocol) ? ” https://” : ” http://”);
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