Minister Wang Solar Power Generation Network

How many gigawatts will China's new photovoltaic installations be?

The country is expected to see its new photovoltaic installations this year reach a range of between 95 and 120 gigawatts, according to recent estimates from the CPIA.

Why is China launching new solar power projects?

The measures came as a way to promote the healthier development of China's fast-developing PV industry, which has already made new breakthroughs in the past year, setting records in annual new installations, new distributed PV installations, total solar power installations and PV exports, said the China Photovoltaic Industry Association.

How much solar power did China add in 2023?

In 2023, China added 216 gigawatts of solar capacity. At a sprawling facility in eastern China, engineers and quality control workers in blue and pink uniforms monitor the heavily robotic assembly line for Sungrow Power Supply Co. Ltd.

Where is Sungrow Power Supply based?

At a sprawling facility in eastern China, engineers and quality control workers in blue and pink uniforms monitor the heavily robotic assembly line for Sungrow Power Supply Co. Ltd. The firm is one of the world’s biggest producers of solar inverters – equipment critical to making electricity from solar panels usable in grids.

Is Sungrow a green energy company?

Flanked by ceiling-high video screens showcasing Sungrow’s clean energy capabilities, Senior Vice President David Zhao boasts that the company’s total installed capacity has exceeded 500 gigawatts globally. “This is a very great contribution” to the green energy transition, he says at the company’s headquarters in Hefei, China.

How much did China Export solar panels last year?

The country's PV product exports surged 80.3 percent year-on-year to hit $51.25 billion, the CPIA said. The export value of solar modules was about $42.36 billion and the export volume was about 153.6 GW last year, up 72.1 percent and 55.8 percent, respectively, with both reaching records.