China solar giants gear up for bigger capacity despite oversupply fears and demand doubts

Planned output jumps 54% while demand concerns grow

Reports say the top five Chinese solar manufacturers plan a 54% capacity jump by year-end to 465 gigawatts, even as existing supply already exceeds demand. Analysts warn capacity could balloon by 2030 beyond forecast market needs, raising questions among investors about whether the expansion is commercially or strategically justified.