China on track to reach 1 terawatt solar capacity by 2026

China should reach a capacity of 1 terawatt of solar energy in 2026 according to recent data and projections by Rystad Energy. This growth represents a significant leap from the 500 gigawatts (GW) milestone that is expected to be reached by the end of this year.

Projections indicate an estimated 165 GW in new capacity will be added in the country in 2024 and another 170 GW in 2025. China’s current 500 GW solar capacity represents approximately 40% of the global solar capacity, in front of the United States (12%), the second-largest solar market in the world.