Friday, August 12, 2022

China's renewable energy growth leads the world


Over the past 10 years, China's total installed capacity of renewable energy power generation has increased by about 90 times, cementing its position as the global leader in renewable energy capacity addition.

According to the US National Energy Administration, in the past 10 years, China's total installed capacity of renewable energy power generation has risen to 1.1 billion kilowatts, of which hydropower, wind power, solar power and biomass power generation capacity ranks first in the world.

China's total installed wind and solar capacity has reached 670 million kilowatts, nearly 90 times what it was in 2012, the report said.

China Renewable Energy

An employee works in front of a photovoltaic panel production facility in Lianyungang, Jiangsu province, in June.

During the 14th Five-Year Plan (2021-25) period, China's renewable energy generation is expected to account for more than 50% of total electricity generation, and wind and solar power generation capacity will double.

China has led the way in renewable energy production figures for years, and is now the world's largest producer of wind and solar energy and the largest domestic and overseas investor in renewable energy, one analyst said.

Wei Hanyang, an electricity market analyst at research firm BlumbergNEF, said China has long been the country with the highest installed capacity of wind and solar PV, supported by a complete supply chain and robust policies that can be deployed quickly.

Develop Clean Energy and Achieve "Double Carbon" Goal

 On August 12, the special forum on clean energy development under the "dual carbon" goal was held at the Qinghai Conference Center.

As one of the sub-forums of the 2022 "One Belt, One Road" Clean Energy Development Forum, this forum aims to plan a standardized top-level design for the "dual carbon" goal, and effectively promote the large-scale development and high-quality energy of Qinghai photovoltaic, wind power, solar thermal and other clean energy develop.

Clean Energy Forum

Summarize achievements, study and judge the situation, and discuss development together.

Looking back at the past, Qinghai's abundant clean energy resources are gradually transforming into a powerful driving force for Qinghai's economic and social development, the construction of a national clean energy industry highland, and the clean and low-carbon transformation of national energy. Qinghai Province has 39.33 million kilowatts of clean energy installed capacity, accounting for 90.9% of the province's total installed capacity, 26.74 million kilowatts of new energy installed capacity, accounting for 61.8%, and non-water renewable energy consumption accounts for 29.3%... Qinghai Province has become a national clean energy source , the province with the highest proportion of new energy installed capacity.

China's renewable energy growth leads the world

Over the past 10 years, China's total installed capacity of renewable energy power generation has increased by about 90 times, cementing...