China’s renewable energy hits record 56% capacity, 86% of new power



China’s renewable energy hits record 56% capacity, 86% of new power

The renewable energy accounted for 86 per cent of China’s newly installed power capacity in 2024, while its total installed capacity hit a record high, accounting for 56 per cent of the country’s overall capacity, according to the National Energy Administration (NEA).

China’s renewable energy sector added 373 million kilowatts of new installed capacity in 2024, an increase of 23 per cent year-on-year (YoY). Hydropower and wind power contributed 13.78 million kilowatts and 79.82 million kilowatts, respectively, while solar power grew by 278 million kilowatts, and biomass power by 1.85 million kilowatts, as per NEA’s data reported by Chinese media.

In 2024, renewable energy accounted for 86 per cent of China’s newly installed power capacity, with total installed capacity reaching a record 56 per cent of the country’s overall capacity.
The sector added 373 million kilowatts, a 23 per cent YoY rise.
Renewable energy generation hit 3.46 trillion kilowatt-hours, contributing 35 per cent of total electricity output.

Renewable energy generation reached 3.46 trillion kilowatt-hours in 2024, an increase of 19 per cent year-on-year, contributing approximately 35 per cent of the total electricity output. Wind and solar power combined generated 1.83 trillion kilowatt-hours, a rise of 27 per cent from 2023, surpassing residential electricity consumption (1.49 trillion kilowatt-hours) and aligning with the tertiary industry’s energy usage.

The country’s total renewable energy capacity reached 1.889 billion kilowatts by the end of 2024, marking a 25 per cent rise from the previous year. This included 436 million kilowatts from hydropower, 521 million kilowatts from wind power, 887 million kilowatts from solar power, and 46 million kilowatts from biomass power.

Fibre2Fashion News Desk (SG)




Source link