On September 26, the State Energy Administration released data showing that by the end of August, the cumulative installed capacity of power generation in China had reached 3.69 billion kilowatts, an increase of 18% over the same period last year. Among them, the installed capacity of solar power was 1.12 billion kilowatts, an increase of 48.5% over the previous year. According to
our statistics, from January to August this year, China's photovoltaic installed capacity increased by 230.61 GW, exceeding the annual level of 2023, but in August, the installed capacity increased by 7.36 GW, down 55.29% year-on-year and 33.33% year-on-year. The third monthly decline since May.