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72ENERGY

China's installed solar power capacity surpasses coal for the first time

⚡ Markets: Long-term bearish for thermal coal demand. Bullish for solar panel manufacturers, polysilicon producers, and other renewable energy supply chain components.TANpolysilicon futuresthermal coal

According to China's National Energy Administration, the country's installed solar power generating capacity has exceeded that of coal power for the first time. This marks a major milestone in the energy transition of the world's largest energy consumer and carbon emitter.

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