Renewables

Renewables in China surpass 50% in electricity capacity

Renewables China surpass 50 electricity capacity

Photo: Frimufilms on Freepik

Published

December 26, 2023

Country

Comments

comments icon

0

Share

Published:

December 26, 2023

Country:

Comments:

comments icon

0

Share

Renewable electricity capacity in China topped 1.45 TW or 50%, of which solar and wind power account for 970 GW in total.

At the end of November, the overall electricity generation capacity in China amounted to 2.85 TW or 13.6% more year over year, Xinhua wrote, citing the National Energy Administration (NEA). Renewables – wind power, solar power, hydropower and biomass and other technologies – hit 1.45 TW, topping 50% for the first time.

The milestone was reached already by mid-year, according to domestic media, which referred to the same report. Solar power made up 560 GW or a stunning 49.9% more than 12 months before, the article adds. Last month the country hosted wind turbines of a combined 410 GW. Year-on-year growth came in at 17.6%.

The combined share of wind and solar power in China’s power consumption is above 15%

However, renewables are projected to account for under one third of China’s power consumption or 3 PWh, NEA said. The combined share of wind and solar power is above 15%, the State Council pointed out earlier. Namely, the capacity utilization of such facilities depends on weather conditions – photovoltaics operate only in bright daylight.

The news outlet noted that China manufactures 50% of wind power equipment in the world and 80% of solar power modules.

The first phase, 45.16 GW, of a renewable electricity complex in the Gobi Desert and other arid and remote areas, was commissioned in late November, NEA revealed. In addition, it said the second and third part, with over 50 GW in total, are under construction.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Fund ran by asset manager Mirova buys stake in RP Global

Fund ran by asset manager Mirova buys stake in RP Global

24 October 2024 - Energy transition infrastructure fund MET6, managed by Mirova, is becoming a relevant minority shareholder in RP Global

EU approves Western Balkans reform agendas auction schedules renewables

EU approves Western Balkans reform agendas including auction schedules for renewables

24 October 2024 - Western Balkan governments excluding BiH can draw funding from the EU's Growth Plan as they fulfill reform obligations and achieve goals

croatia hep korlat ebrd eib loans

Croatia’s HEP secures financing for Korlat solar power plant

24 October 2024 - Korlat is the largest photovoltaic project in Croatia with a construction permit, according to Hrvatska Elektroprivreda

epcg ivan bulatovic investments gvozd perucica

EPCG to invest EUR 300 million in next three years – CEO

24 October 2024 - Montenegro’s power utility Elektropriveda Crne Gore is conducting a big investment cycle, its CEO Ivan Bulatović said