Chinese Solar Industry making 25 percent more Solar Panels to produce 60 Gigawatts Electricity

This is the best tl;dr I could make, original reduced by 53%. (I'm a bot)

China's solar industry is expected to produce 25 percent more panels in 2017 than last year, supported by domestic sales and demand from the United States and emerging markets, the head of a Chinese industry association said.

China was expected to produce solar panels with a combined capacity of 60 gigawatts this year, said Wang Bohua, secretary general of China's photovoltaic industry association.

Despite growing global demand, China's solar industry faced challenges ranging from possible tariffs abroad to inadequate grid connections at home, Wang told an industry gathering.

Environment group Greenpeace said solar curtailment rates across China rose 50 percent in 2015 and 2016, with more than 30 percent of available power in northwestern province Gansu and Xinjiang failing to reach the grid.

China had a total of 101.82 GW installed solar capacity by June, after adding 24.4 GW in the first six months of 2017, the industry association said.

"In a long term, there is great potential for China's solar industry to develop, as the Paris Accord has set a firm foundation for solar power," Wang said.

Summary Source | FAQ | Feedback | Top keywords: China^#1 industry^#2 solar^#3 produce^#4 Wang^#5

Post found in /r/economy and /r/Economics.

NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.