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China Solar Additions Surge to Record in May Ahead of Deadline

Photovoltaic modules at a solar power plant near Golmud, Qinghai province, China.

Photographer: Qilai Shen/Bloomberg

Takeaways by Bloomberg AI

China’s solar installations surged in May, setting a new monthly record as companies rushed to finish projects before the start of new rules that threaten to slash renewable power prices.

The country installed 93 gigawatts of panels last month, according to data released by the National Energy Administration, four times more than in the same period in 2024. The previous record was 71 gigawatts in December. The May figure means China installed more solar capacity in a single month than any other country did in all of 2024, according to BloombergNEF data.