Hold on to your hats, energy enthusiasts! ⚡️ The Chinese mainland is turning up the power dial like never before. By the end of October, China's total installed power generation capacity skyrocketed to a whopping 3.19 billion kilowatts—a staggering 14.5% increase year on year, according to the National Energy Administration. 📈
But wait, there's more! The real stars of this energy extravaganza are solar and wind power. 🌞🌬️ Solar power capacity alone surged by an eye-popping 48%, hitting about 790 million kilowatts. Not to be outdone, wind power breezed ahead with a 20.3% rise, reaching around 490 million kilowatts.
From January to October, major power players invested a massive 718.1 billion yuan (that's about $99 billion!) in power supply projects. 💰 This marks an 8.3% uptick from the previous year. And the power grid? It's getting a serious upgrade with investments jumping 20.7% to 450.2 billion yuan.
In the first three quarters of 2024 (yes, you read that right—2024 is already making waves!), China's renewable energy expansion shattered records again. Over 200 million kilowatts of new renewable energy capacity were installed, making up more than 80% of all new power capacity. 🌿✨
China has set the bar high, establishing the world's most systematic and comprehensive carbon emission reduction policy framework. 💪 The country's energy transition is not just talk—it's delivering significant results. In fact, the total installed capacity of wind and solar power has already surpassed its internationally committed targets more than six years ahead of schedule! 🏆
This energy revolution isn't just about numbers; it's a game-changer for the planet and a beacon for sustainable development. 🌎 So, whether you're a green tech guru or just love seeing big leaps towards a cleaner future, China's power move is something to cheer about! 🎉
Reference(s):
cgtn.com