China Solar Firms See 'Incredibly Challenging' 2024: BNEF Summit.

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    • Subject Terms:
      CHINA; SHANGHAI (China)
    • Abstract:
      Executives from top power and renewables companies gathered in Shanghai for the BNEF Summit to discuss the progress of China's energy transition. Solar companies in China are facing a challenging 2024 due to plunging module prices, which may lead to consolidation in the industry. Despite this, solar executives remain optimistic about the long-term future of the industry, with some predicting annual sales of one terawatt by 2029 or 2030. The event took place ahead of the global COP28 forum in Dubai, where China and the US pledged to take joint action on climate change. [Extracted from the article]
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