The NEA said that China installed 102.48 GW of new solar capacity in the first half of 2024. By the end of June, the country's total solar capacity reached approximately 710 GW, up 51.6% year on year. Total power generation capacity hit roughly 3.07 TW, up 14.1% from last year.
Between March 2023 and March 2024, China installed more solar than it had in the previous three years combined, and more than the rest of the world combined for 2023. Solar capacity first surpassed wind in 2022, and the gap has grown significantly larger, thanks to the massive expansion of distributed solar.
A floating solar farm in Huainan, China. China’s solar manufacturers are facing a fraught 2024 with concerns about overcapacity, weak profits and production shifting overseas, raising questions about one of the economy’s supposed bright spots.
Actual reported data for 2024 is available to July with the exception for the US where the last reported datapoint is June. Data for some national sources including China have been converted from GW (AC) to GW (DC). China’s solar installations from January to June 2024 surpassed the country’s total solar additions in 2022.
All told, 2023 saw unprecedented wind and solar growth in China. The unabated wave of construction guarantees that China will continue leading in wind and solar installation in the near future, far ahead of the rest of the world.
Based in Shanghai, he covers the latest market developments, company news, and industry trends in Greater China. China’s National Energy Administration (NEA) says the country installed 102.48 GW of new solar capacity in the first half of 2024, bringing its total installed solar capacity to approximately 710 GW.
The Conference will delve into the topic of reliability from various perspectives, including manufacturing, materials innovation, and testing, providing a comprehensive exploration of this essential element in solar module development. It will be held on 2 days: from 12:00 to 15:00 CEST on Oct 21, 2024 & 10:00 to 13:00 CEST on Oct 22, 2024.
2 · Part-2 of TaiyangNews High-Efficiency Solar Technologies 2024 Conference tomorrow: Part-2 of TaiyangNews High-Efficiency Solar Technologies 2024 Conference will take place on
China''s National Energy Administration (NEA) says the country installed 102.48 GW of new solar capacity in the first half of 2024, bringing its total installed solar capacity to
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