China’s Utility-Scale Solar Growth Surpassed Residential Additions in 2023 ...Middle East

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China’s Utility-Scale Solar Growth Surpassed Residential Additions in 2023
China’s utility-scale solar system additions last year exceeded the amount of residential solar capacity added, for the first time in three years. Utility-scale additions reached 120 GW in 2023, which compared with 96.3 GW of residential solar growth, Bloomberg reported, citing figures from China’s National Energy Administration. In 2021 and 2022, residential solar was the fastest-growing segment of the market in China, the report noted, adding that this trend was driven by the saturation of utility-scale installations in densely…

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