Submission + - China Smashes Solar Installation Record (oilprice.com)
An anonymous reader writes: China installed its highest solar power capacity for a single month in May, according to official data, which showed mind-boggling figures that the country installed more solar capacity in a month than any other nation did for the entire 2024. With 93 gigawatts (GW) of solar capacity installed in May, China smashed its own record of 71 GW in December 2024, per data from the National Energy Administration cited by Bloomberg.
China’s solar capacity additions in May were rushed ahead of a new government policy — effective June 1 — to remove pricing protection for solar power projects. Under these protections, solar projects had all but guaranteed profits when they start operations. Another new rule, effective May 1, made connecting rooftop panels to the grid more difficult. These new policies are expected to moderate the growth in solar power additions this summer, analysts say.
China’s solar capacity additions in May were rushed ahead of a new government policy — effective June 1 — to remove pricing protection for solar power projects. Under these protections, solar projects had all but guaranteed profits when they start operations. Another new rule, effective May 1, made connecting rooftop panels to the grid more difficult. These new policies are expected to moderate the growth in solar power additions this summer, analysts say.
