Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Related Articles
China has seen robust growth in the installed capacity of renewable energy in the first half of 2023 amid the country’s strenuous efforts to push green transition, with its total capacity reaching about 2.71 billion kilowatts (kw), according to the latest report by National Energy Administration (NEA).
The country’s installed capacity of renewable energy reached about 1.32 billion kw in H1, rising 18.2 percent compared with the same period last year. It accounts for 48.8 percent of China’s total power generation capacity, historically surpassing the installed capacity of coal-based power.
In breakdown, the installed capacity of wind power expanded 13.7 percent year on year to 389 million kw, while that of solar power stood at about 470 million kw, representing a yearly increase of 39.8 percent.
China’s installed power generation capacity totaled about 2.71 billion kw, rising 10.8 percent year on year, the NEA said.
The country has enhanced its renewable energy investment over the years as part of its pursuit of green development.
In the first six months of 2023, the total investment of China’s major power companies in solar energy soared 113.6 percent year on year to 134.9 billion yuan (about $18.8 billion), NEA’s data showed.
