China's renewable energy capacity surges in Jan-Oct 2023

05 Dec '23

1 min read

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Insights

China's total installed renewable energy capacity reached 1.4 billion kilowatts by October end, up 20.8 per cent from last year, covering 49.9 per cent of total power capacity.
In the first 10 months, renewable sources generated 2.33 trillion kilowatt-hours, 31.8 per cent of total power.
Capacity is forecast to surpass 1.45 billion kilowatts by year-end.

China’s recorded 1.4 billion kilowatts in total installed capacity of renewable energy by the end of October this year, according to the latest data from the National Energy Administration. This marks a substantial 20.8 per cent increase compared to the previous year.

This growth signifies that renewable energy now constitutes 49.9 per cent of China's total installed power generation capacity.

During the first 10 months of 2023, power generation from renewable sources in China achieved another breakthrough, reaching 2.33 trillion kilowatt-hours. This accounts for 31.8 per cent of the total power generation in the country during the same period.

The National Energy Administration predicted that the installed capacity of renewable energy in China is expected to exceed 1.45 billion kilowatts by the end of the year.

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