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Oct 15, 2025 · The China Solar Photovoltaic (PV) Market is expected to reach 1.22 thousand gigawatt in 2025 and grow at a CAGR of 15.22% to reach 2.48 thousand gigawatt by 2030.
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6 FAQs about Large-scale Solar Power Generation & Energy Storage
How big is the China solar photovoltaic market?
The China Solar Photovoltaic Market is expected to reach 0.78 thousand gigawatt in 2025 and grow at a CAGR of 26.09% to reach 2.49 thousand gigawatt by 2030. Trina Solar Limited, JinkoSolar Holding Co. Ltd, China Sunergy Co., Ltd., JA Solar Holdings Co. Ltd and Wuxi Suntech Solar Power Co., Ltd. are the major companies operating in this market.
Who are the key players in China's solar photovoltaic market?
China's solar photovoltaic market is fragmented. Some of the major key players in the market include Trina Solar Limited, JinkoSolar Holding Co. Ltd, Wuxi Suntech Solar Power Co., Ltd., China Sunergy Co., Ltd., and JA Solar Holdings Co. Ltd., among others. Need More Details on Market Players and Competiters?
How much does a solar power plant cost in China?
The solar power base, approved by the National Energy Administration on June 14 last year, was installed in the Kubuqi Desert, the seventh largest desert in China. The power plant cost 325 million yuan ($47.93 million) and is a key project in the Kubuqi Desert Economic Pilot Zone, planned and built by Dalad Banner.
How much solar power will China have by 2030?
As per the National Development and Reform Commission (NDRC) of China, a solar capacity of 1200 GW is expected to become active by 2030. This indicates massive development of solar energy projects in the country, which would likely drive the solar photovoltaic market in the forecast period.
How big is China's solar PV capacity in 2022?
According to the International Renewable Energy Agency (IRENA), China's installed solar PV capacity was around 392.43 GW in 2022, up from 306.4 GW in 2021, recording a growth of around 28% in the year. The growth is the result of rapid deployments of rooftop PV installations in the country.
How much solar power will China have in 2022?
As per the China Photovoltaic Industry Association (CPIA), in 2022, the new solar PV installed capacity reached over 87 GW, while the cumulative installed capacity of solar was 393 GW in the same year. As per the National Development and Reform Commission (NDRC) of China, a solar capacity of 1200 GW is expected to become active by 2030.
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