China Economic Review
Charting China’s changing economic terrain · Since 1990

China installs record amount of solar in 2013

January 24, 2014

Chinese developers installed a record 12 gigawatts of solar panels throughout the country in 2013, Bloomberg reported, citing a statement on Thursday by Bloomberg New Energy Finance. China’s installation last year almost matched the total amount of solar power in operation in the US and may exceed that in 2014. The power plants were built mostly in China’s sunny, western provinces of Gansu, Xinjiang and Qinghai and make its state-owned power companies the world’s biggest owners of solar assets. The nation expects to add 14 gigawatts of solar capacity this year.

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