Driven by the rapid growth of solar and onshore wind energy, China’s installed renewable energy capacity (excluding hydropower) is expected to reach 1,772.05 GW in 2030, GlobalData said in a new report.

Based on 572.89GW in 2020, China's renewable energy power generation capacity is expected to grow at a compound annual growth rate (CAGR) of 12%. The government is working hard to reduce its dependence on fossil fuels and achieve carbon emission reduction targets. This move is considered to support government policies.

GlobalData power analyst Rohit Ravetkar said that due to the measures taken in accordance with the plan, China will "easily achieve" the goal of increasing the installed capacity of solar and wind energy to 1,200GW by 2030. The total installed capacity is expected Will reach about 1690GW. Lavitkal continued: “However, due to the distance between renewable energy generation sites and areas with high power demand, further integration of renewable power into the grid will become a major challenge.”

Keywords: new energy, engineering news

At the end of 2020, China's installed solar photovoltaic power generation capacity was 253.69GW and wind power installed capacity was 279.04GW. By 2030, it will reach 890.31GW and 742.62GW, respectively. As of the end of June 2021, China has 3GW of solar power stations under construction, and about 34.3GW of projects are under review. In terms of wind energy, the capacity under construction is 29.4GW, and the capacity in the licensing phase is 42.9GW.Editor/Baohongying