Welcome!

News Feed Item

China outstrips Germany to become world's biggest solar market

Hanergy Holding Group and China New Energy Chamber of Commerce issue Global Renewable Energy Report 2014

BEIJING, Aug. 10, 2014 /PRNewswire/ -- Hanergy Holding Group (Hanergy) and China New Energy Chamber of Commerce ("CNECC"), today issued the Global Renewable Energy Report 2014. The report found that China became the world's biggest market for solar power in 2013, with the country's newly installed photovoltaic generating capacity jumping 232% on-year to 12 gigawatts (GW).

Hanergy and CNECC issue Global Renewable Energy Development 2014 Report

Key findings include:

  • The global solar market is shifting from Europe to Asia. China's newly installed solar capacity grew 232% year-on-year in 2013 to 12GW, whereas Germany's newly installed capacity fell 56.5% to 3.3GW and Italy's dropped 55% year-on-year to 1.6GW.  
  • Financing activity reflects this shift. China accounted for the largest proportion of global solar industry financing at $23.56bn, equivalent to the entire amount raised in Europe.
  • The growth of the solar industry continues to accelerate. Globally, newly installed solar capacity reached 38.7GW, bringing the global total of installed capacity to 140.6GW in 2013, compared with 101.9GW in 2012.  
  • The shift from fossil fuel to renewable energy continues. Total global power generation grew 4.3% from the previous year, to 22513.8 terawatt-hours (TWh), while renewable energy power generation grew at 13% per annum, accounting for 5.2% of the world's total output.
  • Global production of thin-film solar cell was about 4GW in 2013, up 20% from 2012. Many thin-film solar companies expanded capacity in 2013 and sought out diversified markets, achieving economies of scale through global mergers and acquisitions and upgrading production line technology.

"Our research shows that China has already become the world's biggest solar market. Now the country is moving to a more green and sustainable model of development which will drive future global growth in renewable energy," Chairman and CEO of Hanergy & President of the China New Energy Chamber of Commerce, Li Hejun said.

"Governments are turning to greater use of renewable energy to tackle pollution and deliver energy security, underpinning growth momentum in the global renewable energy industry," he added.

The Global Renewable Energy Report drew on data from Bloomberg New Energy Finance, GlobalData and Hanergy and CNECC's own research teams. Data from the International Energy Bureau, China Electricity Council, US Energy Information Administration, the Global Wind Energy Council, the Global Hydropower Association and the International Geothermal Association were also used.

The full report can be downloaded free of charge from Hanergy's website:
http://www.hanergy.com/en/upload/contents/2014/07/53bfa4772d9f6.pdf

About Hanergy Holding Group Ltd.

Hanergy Holding Group Ltd. ("Hanergy") is a global clean-energy power generation company and the world's largest thin-film solar company and solutions provider. Hanergy engages in the integration of the entire photovoltaic industry chain, covering R&D, high-end equipment manufacturing, PV module production and the construction of photovoltaic power plants. Hanergy possesses industry-leading CIGS thin-film PV technology and has the world's largest production capacity of thin-film modules. To date, the company has entered into solar-power plant construction agreements with a combined capacity of approximately 10GW. Its business also covers hydropower and wind power. Headquartered in Beijing and with operations across China, the Asia Pacific, North America and Europe etc., Hanergy employs over 10,000 people.

Photo - http://photos.prnewswire.com/prnh/20140808/134753

SOURCE Hanergy Holding Group Ltd.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
Agile has finally jumped the technology shark, expanding outside the software world. Enterprises are now increasingly adopting Agile practices across their organizations in order to successfully navigate the disruptive waters that threaten to drown them. In our quest for establishing change as a core competency in our organizations, this business-centric notion of Agile is an essential component of Agile Digital Transformation. In the years since the publication of the Agile Manifesto, the conn...
Enterprises are moving to the cloud faster than most of us in security expected. CIOs are going from 0 to 100 in cloud adoption and leaving security teams in the dust. Once cloud is part of an enterprise stack, it’s unclear who has responsibility for the protection of applications, services, and data. When cloud breaches occur, whether active compromise or a publicly accessible database, the blame must fall on both service providers and users. In his session at 21st Cloud Expo, Ben Johnson, C...
"We're developing a software that is based on the cloud environment and we are providing those services to corporations and the general public," explained Seungmin Kim, CEO/CTO of SM Systems Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Data scientists must access high-performance computing resources across a wide-area network. To achieve cloud-based HPC visualization, researchers must transfer datasets and visualization results efficiently. HPC clusters now compute GPU-accelerated visualization in the cloud cluster. To efficiently display results remotely, a high-performance, low-latency protocol transfers the display from the cluster to a remote desktop. Further, tools to easily mount remote datasets and efficiently transfer...
"Codigm is based on the cloud and we are here to explore marketing opportunities in America. Our mission is to make an ecosystem of the SW environment that anyone can understand, learn, teach, and develop the SW on the cloud," explained Sung Tae Ryu, CEO of Codigm, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"CA has been doing a lot of things in the area of DevOps. Now we have a complete set of tool sets in order to enable customers to go all the way from planning to development to testing down to release into the operations," explained Aruna Ravichandran, Vice President of Global Marketing and Strategy at CA Technologies, in this SYS-CON.tv interview at DevOps Summit at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
WebRTC is great technology to build your own communication tools. It will be even more exciting experience it with advanced devices, such as a 360 Camera, 360 microphone, and a depth sensor camera. In his session at @ThingsExpo, Masashi Ganeko, a manager at INFOCOM Corporation, introduced two experimental projects from his team and what they learned from them. "Shotoku Tamago" uses the robot audition software HARK to track speakers in 360 video of a remote party. "Virtual Teleport" uses a multip...
In his session at 21st Cloud Expo, James Henry, Co-CEO/CTO of Calgary Scientific Inc., introduced you to the challenges, solutions and benefits of training AI systems to solve visual problems with an emphasis on improving AIs with continuous training in the field. He explored applications in several industries and discussed technologies that allow the deployment of advanced visualization solutions to the cloud.
"Infoblox does DNS, DHCP and IP address management for not only enterprise networks but cloud networks as well. Customers are looking for a single platform that can extend not only in their private enterprise environment but private cloud, public cloud, tracking all the IP space and everything that is going on in that environment," explained Steve Salo, Principal Systems Engineer at Infoblox, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventio...
"We're focused on how to get some of the attributes that you would expect from an Amazon, Azure, Google, and doing that on-prem. We believe today that you can actually get those types of things done with certain architectures available in the market today," explained Steve Conner, VP of Sales at Cloudistics, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"NetApp is known as a data management leader but we do a lot more than just data management on-prem with the data centers of our customers. We're also big in the hybrid cloud," explained Wes Talbert, Principal Architect at NetApp, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.