The Chinese solar market is in the fast lane, growing over 130% in 2010 year over year.
Freiburg/Pforzheim, Germany and Beijing, China, August 11, 2011 - The Chinese solar market is in the fast lane, growing over 130% in 2010 year over year. The European Photovoltaics Industry Association (EPIA) expects total installed capacity to exceed the one-gigawatt (GW) threshold by the end of this year. From December 7-9, 2011, Chinese and international companies wanting to drive growth in the Chinese market are meeting at Intersolar China, China's international exhibition and conference for the solar industry. Intersolar China provides a joint platform to present technologies and companies from the entire solar industry supply chain spanning the globe. It brings together manufacturers, suppliers, wholesalers, service providers and government representatives under one roof at the China National Convention Center in Beijing.
There is a shake-up underway in the global solar market. While European core markets such as Germany, Italy and Spain are up against state funding cuts, slump in demand and over capacity, emerging markets are preparing to expand their foothold in the international solar market.
China on course to become a gigawatt market
The Chinese photovoltaics market experienced a veritable boom in 2010, with installed capacity growing by 520 megawatts (MW) thanks to the Chinese government's "Golden Sun" program. Total installed capacity in China thus reached 893 MW, jumping more than two fold. The European Photovoltaic Association (EPIA) expects this figure to grow by between 750 MW and one GW in 2011. China would then cross the gigawatt threshold and rise into the premier league of sunny states. However, China has set its sights beyond this, aiming for 5 GW of solar capacity by 2015, and 20 to 30 GW by 2020.
International industry meeting point at Intersolar China
From December 7-9, 2011, Intersolar China is the meeting point for companies wanting access to the up and coming Chinese solar market. As China's platform for the international solar industry, it focuses on forging new contacts and expanding existing company networks. Over 250 exhibitors and approximately 7,500 visitors from China and all over the world are expected to flock to the China National Convention Center in Beijing during the three-day event, which is taking place across 16,500 square meters of exhibition space. Over 500 industry experts are anticipated at the Intersolar China Conference, which begins one day prior to the exhibition and runs one day into the event.
As China's international exhibition and conference for the solar industry, Intersolar China will present the latest market trends and pioneering technologies. The event is also a catalyst for the industry, helping to develop and expand long-term company networks. This makes Intersolar China an important platform where exhibiting companies can shine the spotlight firmly on their products and solutions within the international market and successfully attract attention from leading Chinese and international media representatives.
Further information on Intersolar China can be found at www.intersolarchina.com.
With over 3,000 exhibitors and more than 100,000 visitors spanning three continents, Intersolar is the world's leading exhibition series for the solar industry.
From 2011, Intersolar China will be held annually in Beijing. As an international solar exhibition, Intersolar China brings together all solar energy technologies and the entire supply chain.
With its international exhibitions and conferences, Intersolar looks back on a success story spanning almost twenty years. Taking place in addition to Intersolar China in Shanghai are Intersolar North America in San Francisco and Intersolar India in Mumbai. The world's largest exhibition for the solar industry is Intersolar Europe in Munich.
Intersolar Europe is organized by Solar Promotion GmbH, Pforzheim, and Freiburg Wirtschaft Touristik und Messe GmbH & Co. KG. The exhibitions in North America and India are organized by the international subsidiaries Solar Promotion International GmbH, Pforzheim, and Freiburg Management und Marketing International GmbH (FMMI). Intersolar China is organized by Solar Promotion International GmbH and FMMI in cooperation with MMI (Shanghai) Co. Ltd.