Hey energy enthusiasts! In 2024, China's renewable energy sector hit a historic milestone by installing over 60% of the world's new capacity. Wind and photovoltaic power generation are set to surge with an extra 280 million kilowatts this year. ⚡
Tech innovation is driving this rapid progress. Breakthroughs include the world's largest 26-megawatt offshore wind turbine joining the grid, a massive jump in the market share of N-type solar cells, and exciting advances in compressed air energy storage systems. 🚀
Academician Zhang Zongliang highlighted that China's leading hydropower technology now supports more than 40% of global new wind and solar installations, helping secure supply chains for photovoltaic modules and wind turbines.
The report shows that China's renewable energy industry is fast becoming a backbone for the global energy transition and climate change efforts. With high-quality clean energy products used in over 200 countries and regions and an 85% global market share in photovoltaic products, the momentum is undeniable.
Looking ahead, the focus is shifting from sheer expansion to high-quality development. Integrated planning of power generation, grid infrastructure, load management, and energy storage is set to transform China’s resource advantages into industrial strengths, inspiring a greener future for the world. 🌱
Reference(s):
Report: China's new energy sector continues high-quality growth
cgtn.com