CHINA - SOLAR CAPACITY

In the space of 25 years, China will have gone from having virtually no solar panels to leading the world by a margin of more than 100%.

Estimates from market intelligence business Wood Mackenzie sees China’s photovoltaic panel installations hit a cumulative total of 370 GWdc by 2024 - more than double the US’s capacity at that point.

As countries around the world continue to increase their solar capacity, Wood Mackenzie predicts 2020 will be the last year of big growth in the industry.

China’s huge and rapidly developing population makes it the biggest energy growth market globally - although it is likely to be overtaken by India in the not-too distant future.

China already has more solar capacity than any other country in the world, and is home to several massive solar farms, including the world’s largest in the Tengger Desert. The country - the biggest clean energy investor in the world - is looking to dramatically increase the proportion of renewable energy in its power mix - Link