China Solar Lobby Sees Huge Drop in Installations This Year

China’s solar industry is expecting a massive drop-off in installations in 2026 due to a policy shift instituted last year that has threatened to slash revenue from renewable generation.

The China Photovoltaic Industry Association expects 180 gigawatts to 240 gigawatts of additions in 2026, Chairman Wang Bohua said at the group’s annual conference in Beijing on Thursday. The country added a record 315 gigawatts last year, and solar panels are expected to overtake coal as the leading source of power capacity in the country this year.