Chinese securities has revised its forecast for China’s PV installations in 2024, expecting 260 GW to 280 GW of new capacity this year. This would be a significant increase from the 217 GW installed in 2023, and surpass China Securities’ previous call for 230 GW. In March, the China Photovoltaic Industry Association (CPIA) forecast a range of 190 GW to 210 GW of new capacity by 2024.
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