China reached 380 GW of cumulative solar power capacity at the end of April, according to new figures from the National Energy Administration (NEA).
In the first four months of this year, the country added 48.31 GW of new solar power systems, including about 15 GW in April alone. KA justifies the increase in solar electricity capacity as a delay in projects from 2022 and a drop in module prices.
The China Photovoltaic Industry Association (CPIA) said China will add 87.41 GW of new solar capacity in 2022. CPIA predicts that new solar installations in China for this year will range between 95 GW and 120 GW.
Other research units have revised their views on the Chinese solar market for 2023: S&P predicts 150 GW and BloombergBNEF 154 GW.
printed edition of pv magazine
In the June issue pv magazine, out on Friday, we’ll shine a spotlight on European solar with a comprehensive look at the state of the solar industry in the region’s key markets and a look at legislation aimed at driving the rooftop solar boom. We also explore the difficulty of establishing a solar panel recycling industry in Australia, where the industry background is unhelpful.
