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China's installed capacity of renewable energy reached 1 bn kW in 2021

28 Jun '22
2 min read
Pic: Shutterstock
Pic: Shutterstock

China has witnessed rapid development of renewable energy in 2021, with installed capacity reaching a billion kilowatts, accounting for 44.8 per cent of its total installed power capacity and laying a strong foundation for the pursuit of its carbon peaking and carbon neutrality goals, according to a report by the China Renewable Energy Engineering Institute.

Last year, the country's renewable energy utilisation amounted to the equivalent of saving 750 million metric tonnes of standard coal, helping reduce carbon dioxide emissions by about 1.95 billion tonnes, the report showed.

In terms of power generation, the country's renewable energy generated 2.48 trillion kilowatt-hours (kWh) of electricity in 2021, accounting for 29.7 per cent of the total power generation, it said.

By the end of May this year, the country's installed capacity of renewable energy hit a new record high by exceeding 1.1 billion kilowatts, official Chinese media reported.

China has announced that it will strive for peaking carbon dioxide emissions by 2030 and achieving carbon neutrality by 2060.

According to a five-year plan issued earlier this month, the country's annual power generation from renewable energy sources will reach 3.3 trillion kWh by 2025, and renewable energy consumption will amount to the equivalent of saving 1 billion tonnes of standard coal.

China will accelerate the construction of storage facilities and upgrade its power grids to feature intelligent functions, in an effort to accommodate the development of clean energy, according to the plan.

Fibre2Fashion News Desk (DS)

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