China’s distributed solar push puts industry on record pace

China’s distributed solar push puts industry on record pace.

"China, the world’s biggest investor in clean energy, is on pace to install record amounts of new solar this year after adding 24 gigawatts of capacity in the first half amid a push by policymakers to locate electricity production near the point where it’s used.

Should China maintain the first half’s torrid pace of installations, the country would easily surpass the roughly 30 gigawatts of new solar capacity it added in 2016. 

 

 

The continued expansion also extends China’s lead as the largest market in the world measured by the number of panels. China’s additions in the first six months of the year alone are equal to more than half of the total installed solar base in the US at the end of 2016, according to data compiled by Bloomberg New Energy Finance..."