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China: Engineering Segment Drives Solar Thermal Market

Submitted by Baerbel Epp on August 27, 2014
China building integrationThe make-up of China’s solar thermal market is changing: The segment that used to guarantee the industry’s profits, the retail business of small thermosiphon systems for private households, has been declining in recent years. Other solar thermal segments, however, have been taking off in the meantime – for example, the market for more sophisticated solar thermal installations that are integrated into blocks of flats, hospitals, schools or universities. There is also growing interest in medium- and high-temperature solar thermal systems for industrial process heat. According to the annual surveys and market reports by Sun’s Vision, a consultancy located in Shandong province, the so-called solar thermal engineering market, which includes building integration and industrial process heat systems, increased by 50% in 2012 and 2013, after having grown by 35 % in 2011. The pie chart shows the individual categories of the building integration segment in 2013, which was the main driver of the national market.
Source: Sun´s Vision
 

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