✉news EnvironmentEnergy first seen 1 d ago, last 16 h ago, peak #3
China solar installations fall 29% while rest of world grows 15%
Original: China solar down 29%, everywhere else up 15%
New figures indicate China's solar installations have dropped 29%, while solar deployment in the rest of the world is up 15%. The contrast suggests global solar growth is no longer dependent on China's market, which has driven most of the sector's expansion in recent years. Energy analysts are weighing what the shift means for panel prices, manufacturers and the pace of the global energy transition.
Why now: China has dominated global solar growth for years, so a sharp decline there paired with growth elsewhere marks a notable turning point for the energy sector.
Evidence
- China solar down 29%, everywhere else up 15% · pv magazine USA
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