Solar Power Market in China
With the rapid development of the solar power industry, China has become the world largest consumer of solar energy.
Statistics show that China currently tops the world in production and retention of solar energy. And it is also the largest producer of solar water heaters and a major consumer. China is turning into the world largest market for solar energy.
Although China had always preferred wind energy to solar due to solar energy's high cost nature, China offered a subsidy for solar energy to stimulate the domestic solar energy market. China will emerge as one of the greatest solar energy production bases in the world after 2008.