The still immature Solar Power Generation industry has been developing rapidly. Industry revenue has been rising at an annualized rate of 145.3% over the five years through 2015 to total $2.6 billion.
Rising household demand for electricity in China has led to several power supply shortages over the past few years, which has stimulated demand for solar power generation. In addition, a reliance on imported oil and gas resources for power and increasing environmental consciousness have led to a strong government focus on the development of renewable energy, especially solar power.
The Solar Power Generation industry in China generates power by solar energy. It includes photovoltaic (PV) power generation and solar thermal power generation. Usually, solar power generation refers to PV, which utilizes solar cells to directly convert solar energy into electric energy.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.