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China Installed Record Amount of Rooftop Solar in 2021

  • Larger scale projects stuttered due to delays and high costs
  • Chinese lenders reduced borrowing costs for a second month

China put a record number of solar panels on rooftops last year as growth in residential areas outpaced installations on solar farms.

A total of 53 gigawatts of solar capacity was built in 2021, close to the all-time high set in 2017, with more than half coming from rooftop installations, according to the National Energy Administration.