The substantial potential of rooftop solar can meet the current annual electricity demands of rural households, and can also address the wider electricity needs of sectors such as agriculture and forestry, collectively amounting to approximately 550 billion kWh.
Source: McKinsey. Distributed rooftop solar, offering several advantages over large-scale ground-mounted facilities, is increasingly preferred. These installations, accounting for 58% of new PV installations in 2022, are favored due to lower investment requirements, reduced construction costs and greater flexibility.
Dongwen Liu, CEO of Chongho Bridge, noted that rooftop solar projects could boost the annual cash income of rural populations by 10%-20%. The collaboration with Chongho Bridge is anticipated to yield significant environmental and social benefits for rural households, businesses and their wider communities through rooftop solar power generation.
This is especially relevant in densely populated eastern regions, where efficient use of space is crucial. The expansive rooftop area of rural buildings in China, estimated at 27.3 billion square meters, presents a vast potential for residential PV installation.
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