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China sets another solar record despite supply chain disruptions – EQ Mag

China sets another solar record despite supply chain disruptions – EQ Mag

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  • New installations rose 59% to record 87.4 gigawatts in 2022

  • Installations of wind turbines slowed to weakest since 2020

China set another record for solar power capacity last year as the country sped up renewable installations to reach its ambitious climate targets.

The nation installed 87.4 gigawatts of solar last year, beating 2021’s record of 54.9 gigawatts, the National Energy Administration said Wednesday. Additions fell short of bullish industry forecasts in the middle of last year for as much as 100 gigawatts as supply chain disruptions boosted prices and slowed installations…Read More

Source: Bloomberg
Anand Gupta Editor - EQ Int'l Media Network