Photosynthesis plays an essential role in plant growth and crop yield, and the mechanisms of the effects of cadmium (Cd) on photosynthetic performance require more attention. The acute toxicity of Cd in soil to the photosynthetic capacity of
Hybrid Pennisetum
was evaluated using gas exchange parameters,
A
/
C
i
curves, light response curves, and chlorophyll
a
fluorescence transients after exposure to elevated Cd concentrations (0, 10, 20, 50, 70, and 100 mg kg
−1
) for a 3-month period. The results indicated that leaf Cd concentration in
Hybrid Pennisetum
increased with the strength of soil Cd stress and ranged from 4.9 to 15.8 μg g
−1
DW. The accumulation of leaf Cd severely restricted photosynthesis and its non-stomatal limitation in regulating the photosynthetic performance of
Hybrid Pennisetum
. The leaf chloroplasts at 10 and 20 mg kg
−1
Cd concentrations showed no noticeable change, but the chlorophyll content significantly decreased by 9.0–20.4% at 50–100 mg kg
−1
Cd concentrations. The Cd treatments also decreased plant ribulose-1,5-bisphosphate (RuBP) activity (
V
cmax
) and regeneration capacity (
J
max
), triose phosphate utilization (
TPU
), light-saturated photosynthesis (
A
max
), apparent quantum yield (
AQY
), light saturation point (
LSP
), and dark respiration (
R
day
), but Cd treatment increased the light compensation point (
LCP
). The shape of chlorophyll
a
fluorescence transients in leaves was altered under different Cd treatments. The increased OJ phase and the decreased IP phase in fluorescence induction curves suggested that Cd toxicity inhibited both light use efficiency and photodamage avoidance ability. These results suggested that the decrease in photosynthesis through exposure to Cd may be a result of the decrease in leaf chlorophyll content, Rubisco activity, and RuBP regeneration, inhibition of triose phosphate utilization, reduction of the ability to use light and provide energy, and restrictions on electron transport in PSII.
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