ALLPCB
Overview
Traditional energy sources are limited globally and in China. China's primary energy reserves are far below the world average, accounting for about 10% of global reserves. Solar energy is an inexhaustible renewable resource with characteristics such as cleanliness, wide availability, long service life, low maintenance requirements, abundant resources, and significant economic potential. It plays an important role in long-term energy strategy. Compared with conventional thermal power generation systems, solar photovoltaic power offers the following main advantages.
Key advantages
- No mechanical fatigue risk.
- Safe and reliable, with no noise and no pollutant emissions.
- Not constrained by resource distribution; can utilize building rooftops and serve areas without grid access or with complex terrain.
- Enables local generation and supply without consuming fuel or constructing transmission lines.
- High energy quality.
- High user acceptance and ease of adoption.
- Short construction cycle and rapid energy harvesting.
Market context
In recent years, solar utilization has become one of the faster-growing sectors within renewable energy, mainly due to technological progress and falling solar panel costs. Forecasts predicted that by the end of 2019, grid-connected photovoltaic capacity in China would reach 200 GW. China's photovoltaic power plant potential is substantial, and stable policy support has encouraged investment.
