With rapid economic and industrial growth, and a reputation for smog-laden air, it’s no wonder China ranks No. 1 in worldwide consumption of solar energy. Solar photovoltaic (PV) production is also on the rise, growing to 1.5 million kW from 0.35 million kW in the last two years. According to a 2007 report by the Netherlands Environmental Assessment Agency, in 2006 China surpassed the United States in greenhouse gas emissions for the first time; in the People’s Republic of China, carbon dioxide emissions rose to nearly 5.05 billion metric tons in 2004, and an aggregate 6.1 million metric tons in greenhouse gas emissions.
As emission and pollution numbers continue to rise, many companies are finding the industry is ripe to step forward with green solutions. And it’s not just in China, it’s global – the solar equipment industry is expected to grow from 20 billion dollars in 2006 to 90 billion dollars by 2010.
Solarfun Power Holdings Co. Ltd. is one company aimed at solar power capitalization. Through its subsidiary, Jiangsu Linyang Solarfun Co., Ltd., Solarfun develops, manufactures, and sells photovoltaic (PV) cells and PV modules in the People’s Republic of China. The company offers monocrystalline silicon cells and modules and multicrystalline silicon cells and modules to system integrators and third party distributors. Solarfun customers include solar energy product distributors, engineering and design firms and other energy product distributors.
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