— Bloomberg
BEIJING: China’s solar installations in November surged to the highest in six months, extending an end-of-year recovery.
Nationwide, about 22GW of solar power were installed last month, according to data released by the National Energy Administration last Friday.
That’s the highest since May when additions hit a record, but lower than the 25GW added in the same period a year earlier.
Installations tend to rise near the end of the year as developers aim to complete projects within the calendar year. However, activity peaked much earlier this year, when installations rose to a record 93MW in May ahead of policy changes.
That front-loaded demand led to a slump in capacity additions in the subsequent months, with numbers only beginning to recover in September. — Bloomberg
