Rapid solar capacity expansion overwhelms the grid, PV manufacturers compete for market shares, and then large target markets slap import tariffs on Chinese PV products, taking off their competitive edge. . China's renewable energy buildout is unrivalled – but that does not mean it is without challenges. China is installing more renewables than any other economy, but that rollout. . Note: NEA considers utility-scale solar to include projects of at least six megawatts of installed alternating current capacity. Utility-scale solar power capacity in China reached more than 880 gigawatts (GW) in 2024, according to China's National Energy Administration. So there is a lot of uncertainty in the. . The need for space has led China to experiment with floating solar farms, like this one in Huainan, Anhui province. (Getty: Kevin Frayer) China is installing record amounts of solar and wind, while scaling back once-ambitious plans for nuclear. China has led the world in solar power deployment every year since 2015.
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