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Chinese industry surpasses Germany and becomes the world's largest market

  • Author:Kevin
  • Release on :2014-08-05

At the beginning of June this year, according to the "Global New Energy Development Report 2014" officially released in Beijing, China has surpassed Germany and became the world's largest PV market for the first time.

The report was jointly completed by the research team composed of Hanergy Holding Group and Quanlian New Energy Chamber of Commerce. It is the most authoritative comprehensive new energy industry statistical yearbook report in the global new energy market. Last year's Global New Energy Development Report predicted that China would become the world's largest PV market, and this forecast was confirmed this year. Zeng Shaojun, vice president of the All-China New Energy Chamber of Commerce, said that the global new energy industry has maintained sustained development in 2013. On the one hand, technological progress continues to play a catalytic role; on the other hand, the pressure to improve the ecological environment has also prompted governments to adjust energy. Structure is the most realistic response to root pollution and energy supply. He also suggested that Chinese companies should seize the favorable opportunity of this market development, increase investment in technology, accelerate the pace of internationalization, and enhance the strength and share of Chinese enterprises in the global new energy industry.

According to the analysis of this report, the global PV market has gradually shifted from Asia to the core region.



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