Most of China’s new capacity is expected to come from renewables, led by wind and solar, which together would account for about 300 gigawatts of the increase. While still massive on a global scale, it would represent a huge slowdown from last year, when solar alone accounted for 315 gigawatts of the new capacity. Beijing last year adopted new policies pushing renewables toward market pricing, a move that’s expected to slash revenue from new developments.