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China’s solar power installations are projected to decline this year as the industry adjusts to recent policies aimed at tightening regulations and shifting toward more market-driven pricing models, according to the honorary chairman of the China Photovoltaic Industry Association.
This year, installations are expected to range between 180 and 240 gigawatts, down from a record 315.07 gigawatts last year. However, the industry is forecasted to rebound next year, with projected growth bringing installations to between 270 and 320 gigawatts by 2030. During the current five-year plan period, annual solar installations are anticipated to average between 238 and 287 gigawatts, in contrast to the global average which is estimated to be between 725 and 870 gigawatts.
The recent policies mentioned include the Distributed Photovoltaic Development and Construction Management Measures enacted in January of the previous year and the subsequent reform of grid connection tariffs to promote market orientation.
It’s noted that 2026 will be a pivotal year for the regulation of the photovoltaic industry, with the resolution of industry conflicts becoming a top priority. The industry is undergoing a significant adjustment phase, with unresolved supply-demand imbalances creating substantial challenges for many solar companies.
The Ministry of Industry and Information Technology’s electronic information department plans to collaborate with other agencies to accelerate the release of national standards on quality, safety, labeling, and energy consumption. Additionally, efforts will focus on enhancing product quality oversight, conducting spot inspections, and fostering fair competition based on value pricing.
There is also a push to commercialize advanced photovoltaic technologies, especially in cutting-edge sectors such as perovskite tandem cells. The aim is to accelerate technological advancements and develop competitive advantages for future products, ultimately reducing destructive competition within the industry.
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