China's Solar Additions Drop 79% in April as Domestic Market Slumps

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China's Solar Additions Drop 79% in April as Domestic Market Slumps

AI Summary

China's solar power capacity additions in April fell 79% year on year, reflecting a significant market slump following a policy change. The new installations dropped to 9.52 GW, compared to 45 GW in April the previous year, caused by a prior rush before policy shifts.

China installed much less solar power capacity in April from a year earlier as the domestic solar market continues to adjust to a change in policy following record-high installations and a major glut in recent years. Chinese developers added just 9.52 gigawatts (GW) of new solar power capacity last month, per official data from China's National Energy Administration cited by Bloomberg. The new capacity compares to the massive 45 GW solar expansion in April 2025, when companies rushed to install gigawatts ahead of a major policy change in the pricing…

Markets Energy China solar power energy market capacity additions policy change renewables

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