Imagine this: by mid-2025, renewable energy could power nearly 60% of China’s electricity mix—up from 40% today! 🌱⚡️ That’s the bold vision Wang Hongzhi laid out at the National Energy Administration’s press event on August 26.
The outline of the 14th Five-Year Plan (2021–2025) sets clear green and low-carbon targets. Wang explained that as long as the plan stays on track, China will not only meet its comprehensive energy production capacity but also boost the share of non-fossil energy sources in its overall mix.
What’s fueling this green revolution? China’s tech game is on fire 🔥. Over 40% of the world’s new energy patents now come from the Chinese mainland, and innovations like record-breaking photovoltaic conversion rates and next-level offshore wind turbines are rewriting the playbook. 🚀
And let’s talk scale: in just a few years, China’s new energy storage industry has risen to the top globally, ensuring that whenever the sun sets or the wind calms down, clean power stays online. 🔋🌙
The electricity market is buzzing too. With 970,000 registered operating entities—five times more than in 2020—competition and investment are supercharging fresh ideas and business models. 💡📈
Through all these breakthroughs, China is shaping its own Chinese solution for the world’s energy transition. As global demand for green power heats up, the 14th Five-Year Plan period promises to be the fastest, most innovative phase yet in the push toward a cleaner, greener future. 🌍✨
Reference(s):
cgtn.com
