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China: Challenges and Opportunities of World’s Largest Solar Thermal Market

Submitted by Baerbel Epp on June 27, 2016
Reduced real estate investment has been the key reason for the strong decline of China’s solar thermal market. In 2015, the collector area installed annually was down to 43.5 million m² (30.5 GWth), which almost put the figure back to the level of 2009, and the growth rates in 2013/2014 and 2014/2015 were -18 % and -17 % respectively. The chart on annual output was taken from a presentation by He Tao, Professor at the China Academy of Building Research. He held it during the Executive Committee Meeting of the IEA Solar Heating and Cooling Programme in Spain at the beginning of June. When presenting the numbers, the professor also emphasised that the industry “has made great efforts to find new applications for space heating, solar process heat and space cooling” (see the attached presentation). 
Chart: China Academy of Building Research
 

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