China Solar Lobby Says Fewer Installs Mark Sustainable Shift

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomePMN BusinessChina Solar Lobby Says Fewer Installs Mark Sustainable ShiftChina’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.Author of the article: You can save this article by registering for free here. Or sign-in if you have an account.(Bloomberg) — 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.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountThe 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.The government rolled out new rules last year that force wind and solar generators to sell their power at market rates instead of government-regulated tariffs, a move that’s expected to sap revenue from new projects. The country installed just 72 gigawatts of solar capacity in the six months through June, down from 212 gigawatts over the same period of 2025. Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try again“Installations so far this year are a return to rationalization and normalization after last year’s rush,” Wang Bohua, the association’s former secretary-general, said in the keynote speech at the conference.A drop in domestic demand is another blow to equipment manufacturers after steep losses over the past two years. A rapid build-out of factories created a huge amount of surplus capacity and sent prices tumbling. Companies are looking to offset that weakness by boosting exports, although success has been mixed. It’s unclear how long the slowdown in Chinese demand for panels will last. Installations did rebound in June from the lows of the previous three months. The country’s pipeline of utility-scale solar farms still shows strong momentum, with 262 gigawatts under construction at the end of June, according to Global Energy Monitor, which tracks infrastructure.The government’s ambitions for solar remain undimmed. Beijing wants renewable energy consumption to jump 53% over the next five years and to convert intermittent wind and solar into more dependable sources of electricity, according to a five-year plan released on Thursday.China’s public spending plunged last month by the most since October, suggesting the government tightened fiscal policy further despite increasing calls for more support as economic growth slips.China has weathered the energy shock from the Iran conflict surprisingly well. A combination of strategic stockpiles and fuel substitution has helped cushion the blow.China’s glut of polysilicon, a key material for solar panels, will persist, despite efforts to lower operating rates and cut output, according to an industry expert.China solar association’s mid-year seminars in Ningbo, day 2China’s farm ministry holds briefing on agricultural sector’s first-half performance, 15:00China’s weekly iron ore port stockpilesSHFE’s weekly commodities inventory, ~15:30EARNINGS: CATL(Updates with five-year plan in seventh paragraph, and published items and diary sections)This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.