China Securities revised its annual steering for China, forecasting as much as 280 GW of latest PV installations this yr, whereas glass maker Kibing and wafer maker HySolar unveiled new photo voltaic funding plan.

Chinese Securities revised its forecast for PV installations in China to 2024, projecting 260 GW to 280 GW of latest capability this yr. This is a big enhance from the 217 GW put in in 2023, and exceeds China Securities’ earlier name for 230 GW. In March, the China Photovoltaic Industry Association (CPIA) predicted a variety of 190 GW to 210 GW of latest capability by 2024.

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