Over the past 8 years, the growth capacity of the world's solar
power system has increased profoundly, from 345 MW in 2001 to
2826 MW in 2007. The compound annual growth rate was 42%; in
2007 the global solar energy industry output value reached $17.2
billion and the production capacity of solar cell had risen from
2204MW in 2006 to 3436MW in 2007, an increase of 56 per cent
year-on-year. The average annual growth rate of China's
photovoltaic industry was 49.5% in the last 5 year and the
annual growth rate of 2007 was 56.2%, became the world's biggest
producer of solar products, accounting for 26.6 per cent of
global production. In 2007 there were 6 Chinese solar cell
companies in the world's top 16 solar cell companies list.
According to China's Association of Solar Energy's data in 2007
the output of China's solar cell was 1180 MW and Europe, Japan
and the United States were 1062,920 and 266 MW respectively,
China has become the world's largest solar cells producer. But,
however, the development of China's