China’s Solar Boom Is Already Accelerating Past Last Year’s Record Surge
- Nation already had world-leading pace of renewable deployments
- Lower costs, rising power demand driving installations higher
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China’s solar sector is accelerating an already world-beating pace of installations as costs tumble and demand keeps rising, putting it on track to rush past last year’s record.
The country installed almost three times the volume of solar capacity between January and the end of April than in the same period in 2022, and is on track to add more panels this year than the entire total in the US.