China’s National Energy Administration has announced that China’s solar capacity has reached 470 GW as of June, with no less than 27.4% of the total installed in the first six months of 2023 alone. Of the total, 272 GW is utility-scale and 198 GW distributed – including 95 GW residential. Of the 78.42 GW newly installed in H1 2023, utility-scale was less than half with 37.46 GW, while distributed came to 40.96 GW, of which 21.52 GW residential. And these figures are all in GWac, not GWdc, with an estimated inverter capacity ratio of 1.2 (so 94 GWdc). That’s more in six months than the US installed in the five years from 2018 to 2022 inclusive. Also, more than India…