China installs file quantity of renewable vitality in 2024, knowledge exhibits
by AFP Workers Writers
Beijing (AFP) Jan 21, 2025
China put in a file quantity of renewable vitality final yr, knowledge from the Nationwide Vitality Administration (NEA) confirmed on Tuesday.
The nation is the world’s greatest emitter of the greenhouse gases scientists say drive world warming and local weather change.
Beijing has dedicated to convey carbon emissions to a peak by 2030 and to internet zero by 2060.
China, the world’s second-largest financial system, added round 277 gigawatts (GW) of solar energy final yr, a rise from the 217 GW added from the earlier yr, the NEA stated in an announcement.
It additionally expanded its wind energy by almost 80 GW, the information confirmed, a slight uptick from almost 76 GW added in 2023.
The entire put in capability of photo voltaic and wind energy have been round 887 GW and 521 GW respectively.
President Xi Jinping set a goal in 2020 for at the least 1,200 GW of photo voltaic and wind capability put in by 2030.
China surpassed that focus on final yr, nearly six years sooner than deliberate, knowledge from the NEA confirmed in August.
It has additionally constructed nearly twice as a lot wind and photo voltaic capability as each different nation mixed, in response to analysis printed in July.
Beijing invested greater than $50 billion in new photo voltaic provide capability from 2011 to 2022, in response to the Worldwide Vitality Company.
The photo voltaic business has additionally benefited from entry to low-cost uncooked supplies, available capital from state-owned banks and big engineering manpower.
China stays closely reliant on coal regardless of putting in renewable vitality capability at file pace.
However there are indicators it might be weaning itself off the fossil gasoline.
Coal energy permits fell 83 p.c within the first half of final yr and no new coal-based steelmaking tasks have been authorised in the identical interval.
Associated Hyperlinks
Trending Merchandise
