Wind and solar surpassed a quarter of China's electricity generation for the first time in April 2025. China is the largest market in the world for both photovoltaics (PV) and solar thermal energy. Its PV capacity crossed 1,000 gigawatts.
Wind and solar surpassed a quarter of China's electricity generation for the first time in April 2025. China is the largest market in the world for both photovoltaics (PV) and solar thermal energy. Its PV capacity crossed 1,000 gigawatts.
In a major policy shift toward electricity market liberalization, China has introduced contract-for-difference (CfD) auctions for renewable plants and removed the energy storage mandate, which has driven up to 75% of national demand to date.
SoloPower is a technology leader in the field of thin film photovoltaics (PV) for low-cost module manufacturing and delivery of solar electricity for a variety of uses including grid-connected commercial, residential and distributed power applications.
Last December, China General Nuclear Power Group (CGN) started building an ocean-based solar farm with a capacity of 400 megawatts (MW) in Laizhou Bay off east China's Shandong province.