China is installing 12 GW of solar PV capacity per *month* now, up from last year's average of 7 GW/month!
https://taiyangnews.info/markets/china-solar-pv-news-snippets-12/
#solarenergy #solarpower #SolarPV #renewables #electricity #energytransition #china
That means China is now installing around 1 million solar panels of 400 Watt each per day, weekends included.
On a per capita basis, the Netherlands has been installing even more solar PV capacity in recent years than China is doing now.
Our 4 GW/year would translate to 320 GW/year for China, while the current 12 GW/ month will "only" get it to 144 GW in a year :)
Nice race developing for new solar PV capacity per capita between China and EU in 2023.
Projected for China: 102 Wp/capita
Forecast EU: 53.6 GW = 120 Wp/capita
https://www.solarpowereurope.org/press-releases/new-report-reveals-eu-solar-power-soars-by-almost-50-in-2022
New report reveals EU solar power soars by almost 50% in 2022 - SolarPower Europe

SolarPower Europe

History of global solar PV deployment:
1 GW per year was achieved in 2004
1 GW per month was achieved in 2010
1 GW per week was achieved in 2016
1 GW per day will be achieved in 2023

@Sustainable2050

And we can blame the Germans for that!

Everyone laughed at their decision to subsidize solar and wind power 20 years ago. But they are the reason why solar and wind is so cheap today.

@attilakinali @Sustainable2050 That's not the story you hear in Germany :) A decade of neglect, rather, after a short initial burst
@ctietze @Sustainable2050 Well, the Germans like to neglect their infrastructure. Especially if it's critical. But it doesn't change the fact, that the subsidy did give the solar and wind industry an initial boost to get things going and prices down. Now that they are down, other countries profit from the cheap prices and drive demand up.