In late February and early March, there are two things to see: one is the PV EXPO 2015 and the World Smart Energy Week 2015, the other is the financial results for the fourth quarter of 2014 and the full year 2014 ended in December 31st. As we can see, the Japanese market is speeding up to turn into residential applications. High efficient products are no longer the only focus in PV EXPO while system-end services and comprehensive solutions for households become more attractive.
The financial results of certain first-tier manufacturers represent a strong growth in the global solar PV market in 2014. Both Trina Solar and Canadian Solar shipped over 3GW of PV modules in the year and have set more ambitious guidance for 2015. However, the upstream industrial market remains relatively weak during this week. This is explained through markets that are not completely turned around after the Chinese New Year.
In addition, China is now holding the CPPCC 2015. With an aim to install 15GW of solar power in 2015 under the mid-term target of 100GW by 2020, several officials offered talks regarding the country’s energy policies. With the trendy discussion of the documentary “Under the Dome,” it is especially significant to know how the nation will organize its roadmaps for renewable energy.
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