Core Insights - The article discusses the decline in China's photovoltaic (PV) installation capacity in June 2025, with a significant year-on-year decrease of 38.4% and a month-on-month decrease of 84.6% due to the end of the "531" policy's rush to install [1][3] - The cumulative PV installation capacity in China reached 1.1 TW by the end of June 2025, marking a year-on-year growth of 54.2% [1] - The article predicts that the new PV installations in 2025 will total approximately 255 GW, indicating a slowdown in growth compared to previous years [3][6] Installation Trends - In the first half of 2025, the market experienced a surge in installations due to the release of two key notifications by the National Energy Administration, which ignited a rush to install PV systems [3][6] - The peak installation month was May 2025, with a record of 92.9 GW installed, following which the installation rate dropped significantly in June [3][6] Policy Impact - The "Distributed Photovoltaic Power Generation Development and Construction Management Measures" and the "Notice on Deepening the Market-oriented Reform of New Energy Grid Connection Prices" are pivotal in shaping the market dynamics [3][7] - The article notes that 21 provinces have already met their "14th Five-Year Plan" PV installation targets ahead of schedule, indicating regional disparities in progress [6][7] Future Projections - The article anticipates that the growth rate of PV installations will continue to slow down in 2025, influenced by factors such as grid capacity limitations and policy changes [6][7] - Despite the expected slowdown, the PV market in China is projected to remain at a high level globally, supported by ongoing large-scale project developments and the implementation of local PV grid connection policies [6][7]