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China’s Solar Plunge Is ‘Return to Rationalization,’ Lobby Says

Bloomberg Markets Thursday 23 July 2026, 02:45 UTC By Bloomberg News 1 min read
Key Points

Climate Changed China’s Solar Plunge Is ‘Return to Rationalization,’ Lobby Says China’s solar lobby said the industry is on a more sustainable track, after a policy shift drove a 66% decline in installations in the first half of 2026. The China Photovoltaic Industry Association broke with tradition by declining to update its forecast for this year’s new additions at its annual conference in Ningbo on Thursday, after predicting a range of 180 gigawatts to 240 gigawatts in February.

Climate Changed China’s Solar Plunge Is ‘Return to Rationalization,’ Lobby Says China’s solar lobby said the industry is on a more sustainable track, after a policy shift drove a 66% decline in installations in the first half of 2026. The China Photovoltaic Industry Association broke with tradition by declining to update its forecast for this year’s new additions at its annual conference in Ningbo on Thursday, after predicting a range of 180 gigawatts to 240 gigawatts in February. That’s down sharply from last year’s record 315 gigawatts.
China (LOCATION) The China Photovoltaic Industry Association (ORG) Ningbo (LOCATION)
Originally published by Bloomberg Markets Read original →

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