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    China's Newly Installed PV Capacity Reached 128.94GW in the First Three Quarters

    According to the National Energy Administration, in the first three quarters of 2023, China’s newly installed photovoltaic capacity reached 128.94GW, a year-on-year increase of 145%, including 61.8GW of centralized photovoltaics and 67.14GW of distributed photovoltaics. As of the end of September 2023, the country's installed photovoltaic power generation capacity reached 520GW, including 295GW of centralized photovoltaics and 225GW of distributed photovoltaics. In the first three quarters of 2023, the national photovoltaic power generation reached 436.9 billion kilowatt-hours, a year-on-year increase of 33%. The national photovoltaic power generation utilization rate was 98.3%, a year-on-year increase of 0.3 percentage points.