China Likely to Add 34-38 GW of Solar Capacity in 2020: AECEA

Mercom India | Nov 18, 2020 at 5:58 AM
  • China to add between 34-38 GW of solar capacity in 2020.
  • To meet the new renewable energy goals, the projected annual installations is estimated to range between 47 GW to 64 GW and could go as high as 81 GW.
  • The report also noted that during the first year of the plan, The Asia Europe Clean Energy (Solar) Advisory Company  (AECEA) estimates the full-year demand for 2021 to be in the range of 42-48 GW, representing an increase of about 24-26% year-over-year.