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The Energy Bureau recently released the latest statistics, showing that significant progress was made in photovoltaic power generation construction last year, reaching new heights. On January 2, the **Energy Administration released statistical data showing that from January to November 2017, China’s photovoltaic power generation amounted to 106.9 billion kWh, a 72% increase compared to the previous year. The share of photovoltaic power generation in total power generation increased by 0.7 percentage points on an annual basis, with annual photovoltaic power generation exceeding 100 billion kWh for the first time. Among them, the power generated by centralized photovoltaic systems amounted to 93.2 billion kWh, while that generated by distributed photovoltaic systems was 13.7 billion kWh. Experts say that in 2017, China’s photovoltaic installation capacity exceeded expectations by a large margin, and at the same time the rate of unused solar power decreased. Thanks to these two factors, solar power generation reached a record high. Data shows that by the end of November 2017, China’s cumulative installed capacity for photovoltaic systems reached 125.79 million kilowatts, a 67% increase compared to the previous year. The share of photovoltaic capacity in the total power generation capacity was 7.5%, an increase of 2.7 percentage points on a year-on-year basis. It is worth noting that the development of distributed photovoltaic systems has accelerated significantly. From January to November 2017, 17.23 million kilowatts of new capacity was added in this area, which is 3.7 times the amount added during the same period in 2016; the growth rate increased by three times compared to the previous year.
Photovoltaic power generation is developing rapidly, but the costs are currently too high; it relies largely on policies, and there is an urgent need to develop devices with higher efficiency.