China’s Solar Installations Fall to Near Three-Year Low

Solar panel installations in China slowed again in August to hit the lowest in nearly three years, as producers turned to overseas markets amid sluggish domestic demand.

A total of 7.36 gigawatts of solar capacity was added last month, down a third from 11.04 gigawatts in July, according to data released by the National Energy Administration. That was the lowest level since Nov. 2022, and continued a downward trend that started after the country hit a record of 93 gigawatts in May as people rushed to install panels ahead of policy changes.