2022 RT Banner.gif

China Daily

News> Business> Content
Published: 15:23, November 27, 2022
China's renewable energy capacity continues to expand
By Xinhua
Published:15:23, November 27, 2022 By Xinhua

This undated file photo shows a wind power plant in Dingxi, Gansu province. (PHOTO / XINHUA)

BEIJING - China's installed capacity of renewable energy has sustained growth momentum since the beginning of this year amid the country's pursuit of green development.

By the end of October, China's total installed power generation capacity reached about 2.5 billion kilowatts, rising 8.3 percent year-on-year, data from the National Energy Administration showed.

The installed capacity of wind power grew 16.6 percent from a year ago to 350 million kilowatts, while that of solar power came in at 360 million kilowatts, a yearly increase of 29.2 percent

Specifically, the installed capacity of wind power grew 16.6 percent from a year ago to 350 million kilowatts, while that of solar power came in at 360 million kilowatts, a yearly increase of 29.2 percent.

The country has enhanced its renewable energy investment this year, with the construction of large-scale wind power facilities and photovoltaic bases accelerated, especially in desert areas.

READ MORE: China furthers efforts in wind, solar power

In the first 10 months, the total investment of China's major power generation companies in solar power skyrocketed 326.7 percent year-on-year to 157.4 billion yuan (about $22 billion). 


Share this story

CHINA DAILY
HONG KONG NEWS
OPEN
Please click in the upper right corner to open it in your browser !