China’s solar installations dropped to a four-year low in March, adding only
8.91 gigawatts, signaling increased pressure on the sector. This slowdown
follows a period of rapid expansion, with curtailment rates nearing government
caps and manufacturers facing overcapacity and losses. March's figures contrast
sharply with previous surges in installations triggered by policy shifts. Solar
cell production also fell 21% year-on-year, marking the steepest drop since
September. Despite this, solar exports surged by nearly 80%, driven by global
energy disruptions and expiring export tax rebates.
