Is China developing a rooftop solar system?

Fishman, an energy analyst at the Lantau Group, an economic consultancy firm in Shanghai, was keen to meet with developers in Shandong to understand how China is developing extensive rooftop solar installations at such a remarkable pace.

Why is rooftop solar so popular in China?

Most of that rooftop solar has been added in the past two years, as China offered support for local governments to boost installations, and raised power rates to businesses, making generating their own electricity more attractive.

Will rooftop solar PV installations in China surge in the next 3 years?

Rooftop solar PV installations in China may surge in the next three years as the country goes through a green energy transition and plans to make renewable energy a key cornerstone in the country's path to a greener economy, a recent research report said.

Why is China doubling its rooftop solar capacity?

The country's rapid development of rooftop solar capacity is also driven by government incentives. Newly added annual installed capacity for solar stations has been around 30 GW on average over the past few years, China New Energy Investment and Financing Alliance said.

Is Shandong leading China's rooftop solar-development initiatives?

Shandong is leading China’s rooftop solar-development initiatives, accounting for 18% of such projects across the country. As of March, the province had installed 33 gigawatts (GW) of distributed solar capacity, enough to power an estimated 18 million homes.

Will China's rooftop solar market grow in 2021?

Rooftop installations in China increased to 27.3 gigawatts in 2021 from 19.4 GW in 2017, and the growth should keep rising for the rooftop solar market, a Rystad Energy analysis piece said. Before 2017, rooftop solar was almost non-existent, with only 4 GW of installed capacity in 2016.