first quarter of 2024 addition of 45.74 GWac of new capacity, marking a 12.08 GW improvement compared to the previous year
increased by approximately 36% annually
lower than the 155% year-on-year increase in Q1/2023, when China installed 33.66 GW of new solar capacity
cumulative installed solar PV capacity reached around 660 GW
country’s wind power capacity increased to 460 GW, with 15.5 GW of new additions in Q1/2024
combined wind+solar combined capacity of 1.12 TW
anticipated that China will likely achieve its 1.2 TW wind and solar target well ahead of the 2030 goal (in 2024), with an additional 80 GW expected to be added this year
CPIA forecasts that China will install between 190 GW AC and 220 GW AC of new solar PV capacity in 2024