China’s new PV installations hit 216.88 GW in 2023
China’s National Energy Administration (NEA) has revealed that China’s cumulative PV capacity reached 609.49 GW at the end of 2023.
China’s NEA has revealed that China’s cumulative PV capacity has reached 609.49 at the end of 2023.
The nation added 216.88 GW of new PV capacity in 2023, up 148.12% increase from 2022.
In 2022, the country added 87.41 GW of solar.
According to the NEA’s figures, China deployed around 163.88 GW in the first 11 months of 2023 and around 53 GW in December alone.
The NEA said investments in the Chinese PV market totaled CNY 670 billion ($94.4 billion) in 2023.