China’s Rapid Solar Growth Slows as Grid Seeks to Keep Pace
- Solar installations slowed to 45.7 gigawatts in first quarter
- Industry group sees little change in installations this year
The government is stepping up efforts to bolster grids in order to continue the clean energy expansion and and meet its decarbonization goals.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
China’s blistering roll-out of solar capacity slowed as grids struggled to build enough power lines and backup capacity.
The country installed 45.7 gigawatts of photovoltaic panels in the first three months, up more than a third from a year earlier, the National Energy Administration said in a statement on Monday. While impressive compared with other countries, the growth rate pales in comparison with the 154% surge in the same quarter of 2023.