Monday 10 August 2015, Amsterdam
The report recognizes the following companies as the key players in the Solar Power Market in China: Trina Solar, Jinko Solar, Suntech Solar, and Yingli Power Holdings
Other Prominent Vendors in the market are: Canadian Solar, JA Solar, Renesola Solar, Hanwha Solar, LDK Solar.
Commenting on the report, an analyst said: “The increase in the production of solar panels. Low raw material costs and support from the government make China an attractive solar panel manufacturing location, and this has grabbed the attention of several vendors. ”
According to the report, the need for a reduction in environmental impact is one such driving factor in the market. The Chinese Government is also focusing more on the development of solar energy and its growth potential, and several government initiatives have attracted a number of vendors.
Further, the report states that the growth of solar power in China could be hampered due to its inefficiency at night. Solar power is only 40-80% reliable, as it cannot generate electricity at night due to the non-availability of sunlight.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
ASDReports.com contact: S. Koomen
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P : +31(0)20 486 1286 - F : +31(0)20 486 0216
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