Industry News

China is the fastest growing country for solar energy

0 Published by admin Nov 30,2020

Germany "Information News" October 4 news. The future of the world will depend on renewable energy. According to the latest report of the International Energy Agency, in 2016, the global renewable energy has made rapid development. Renewable energy accounts for 2/3 of the overall capacity growth of energy. Especially in the solar energy development, China has been in the forefront of the world. China's renewable energy growth accounts for 40% of the world. 60% of the world's solar panels produced in China, of which nearly half of the local sales in China. China's renewable energy prices are low, the main reason for the strong development of preferential policy conditions. Of course, China's low-cost marketing strategy for solar products is always criticized. Despite Trump's policy of instability. US renewable energy development is still ranked second in the world.


The report predicts that the next five years, renewable energy will continue to develop rapidly. India-based South Asian sub-regional growth rate may exceed the EU. Germany will maintain a steady growth, while the development of the EU will slow down. By 2022, global bioenergy production will reach 8,000 tW per hour, will be able to cope with China, India and Germany, the total energy demand growth.