OilPrice.com: China installed its highest solar power capacity for a single month in May, according to official data, which showed mind-boggling figures that the country installed more solar capacity in a month than any other nation did for the entire 2024. With 93 gigawatts (GW) of solar capacity installed in May, China smashed its own record of 71 GW in December 2024, per data from the National Energy Administration cited by Bloomberg.
China's solar capacity additions in May were rushed ahead of a new government policy -- effective June 1 -- to remove pricing protection for solar power projects. Under these protections, solar projects had all but guaranteed profits when they start operations. Another new rule, effective May 1, made connecting rooftop panels to the grid more difficult. These new policies are expected to moderate the growth in solar power additions this summer, analysts say. A separate report notes that China's cumulative installed solar capacity has surpassed 1 TW, according to the National Energy Administration (NEA). "By the end of May 2025, solar capacity had reached 1.08 TW (1,080 GW), up 56.9% year on year," reports pv magazine.
"NEA data show total power generation capacity stood at 3.61 TW at the end of May, an 18.8% increase from a year earlier."
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