Clean Technica | By: Joshua S Hill | January 22, 2018:
China’s National Energy Administration published its official solar statistics for 2017 on Monday, revealing that the country had installed a total of 52.83 gigawatts worth of new solar capacity in 2017.
A lot of attention has been given over to watching China’s solar capacity additions in 2017, as the country seemed hell-bent on stupefying analyst expectations.
China installed a total of 34.2 GW (gigawatts) of new solar PV capacity in 2016 which was well up on analyst expectations at the time.
Looking forward, analysts seemed not to have learned their lesson, with Bloomberg New Energy Finance (BNEF) predicting that China would install “more than 30 GW.”
To its credit, BNEF did end up revising its predictions, but only after China had already installed 24.4 GW in the first half of the year, which included as much as 16 or 17 GW in the second quarter alone, 13.5 GW in the month of June, and 10.52 GW in July…
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