KEY NUMBERS

$19 billion size of deficit in China’s National Renewable Subsidy Fund

20 gigawatt new solar capacity that will not be built in China in 2018 as a result of the June 1 decision 136 gigawatt installed solar capacity in China in 2017 100 gigawatt targeted solar capacity in India by 2022 22 gigawatt installed solar capacity in India*

*As of March 2018 Source: Bloomberg New Energy Finance