As many solar panels in China in one year as in Europe in thirty years


China has announced that it will install a record 217 gigawatts (GW) of photovoltaic panels in 2023.
VCG via Reuters Connect

Beijing, which last year focused much more on solar than wind power, does not intend to stop there.

Beijing is relying more than ever on solar energy. China announced that in 2023 it would install a record power of 217 gigawatts (GW) of photovoltaic panels, compared to 87 GW in 2022. This new effort brings its entire solar park to 609 GW. In comparison, the European Union, which also broke a record in this sector last yearhas only installed 56 GW of photovoltaic panels in 2023. And its solar park, the result of several decades of investment in this renewable energy sector, barely reaches a total of 263 GW, or barely more than a year of installation in China.

Beijing, which last year focused much more on solar than wind power, does not intend to stop there. China’s overall renewable energy generation capacity is expected to increase by “more than 2 terawatts, or 2000 GW, between 2023 and 2028, thus showing growth 3 times higher than that of the last five years. And solar energy will represent three quarters” of this energy leap, predicts the International Energy Agency (IEA). This is 4 times more than Europe over the same period and 6 times more than the United States. According to our forecasts, “China will reach its target of 1,200 GW of cumulative solar photovoltaic and wind capacity by 2030 this year,” adds the agency, a global reference in the energy sector.


China is expected to increase by “more than 2 terawatts, or 2000 GW, between 2023 and 2028, thus showing growth 3 times higher than that of the last five years”

The International Energy Agency (IEA)

Solar power is one of the most accessible low-carbon energy sources. China holds nearly 80% of the market share in this sector and the costs of photovoltaic modules have been divided by 15 in a decade, damaging European industry in the process.



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