Global PV projects are highly visible in this week. From China to North America, from Japan to Latin America, solar installations and constructions kept being conducted. It is noticeable that PV projects in emerging markets such as Honduras, Chile and Thailand are more, representing a market transition towards these regions.
China holds her crown as the global leader of solar power. It is rumored that the solar target for the Thirteenth Five-year Plan could be 100~150GW. This translates into an averagely annual demand of around 20GW from 2016 to 2020.
Solar technologies are also being developed and evolved. Products with higher conversion efficiency, lower costs or those are comprehensively integrated will be more competitive in the solar market.
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