Solar Wind Multi Energy Factory China

How big is China's solar & wind power capacity?

Wind and solar now account for 37% of the total power capacity in the country, an 8% increase from 2022, and widely expected to surpass coal capacity, which is 39% of the total right now, in 2024. Cumulative annual utility-scale solar & wind power capacity in China, in gigawatts (GW)

Where is China's first wind-solar power project located?

The 1 million-kilowatt wind-solar power project in Qingyang, Northwest China's Gansu Province, started operation as the first 4.05-megawatt wind turbine began to run on Dec 21. It was the first project to begin service at the Huaneng Longdong Energy Base, the country's first 10-million-kW multi-energy complementary comprehensive energy base.

How much solar power does China have in 2023?

China added almost twice as much utility-scale solar and wind power capacity in 2023 than in any other year. By the first quarter of 2024, China’s total utility-scale solar and wind capacity reached 758 GW, though data from China Electricity Council put the total capacity, including distributed solar, at 1,120 GW.

What will China's Energy Future look like in 2021-2025?

China aims to see its total installed wind and photovoltaic power capacity surpass 1.2 billion kilowatts by 2030 as it accelerates the shift toward a cleaner energy system. The country will advance its large-scale and high-quality development of wind and solar power generation on all fronts in the 2021-2025 period, according to a government plan.

How much does China's new solar power plant cost?

Located in Shanxi province, the plant represents an investment of 55 billion yuan (about $7.7 billion) and is a milestone in the country’s transition towards more sustainable energy sources. The megaplant, run by state-owned company Jinneng, is designed to generate 6 gigawatts of electricity through its wind and solar farms.

How China's Wind and solar power companies expand their presence in the world?

Strengthened competitiveness has helped China's wind and solar power companies expand their presence in the world market. China-made photovoltaic modules, wind turbines, gear boxes and other key components accounted for 70 percent of the global market share last year, according to NEA data.