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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