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The Solar Revolution in China – and Canada

It seems far away, but it’s extremely relevant, since the mass adoption of solar PV in China could accelerate the dramatic fall in solar prices.

A year ago, China had a goal to install 5 GW (5,000 MW) of solar PV by 2020 - the equivalent of 2.5 million houses each with a 2kW system. With 5 GW installed in 2012 alone, however, China increased the target to 21 GW by 2015 – and then last week, it increased it further to 40 GW by 2015.