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Chinese Solar Group Urges Faster Consolidation as Glut Deepens

  • China is developing 339 gigawatts of wind and solar energy, representing 64% of global capacity, according to a report from Global Energy Monitor .
  • This figure exceeds the USA's 40 GW project pipeline by more than eight times.
  • China's solar power reached 12% and wind power 11% of its generation in May as new capacity was added.
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