China's installed power generation capacity is about 2.5 billion kilowatts
- China's major power generation enterprises have invested 157.4 billion yuan in the construction of solar power generation
The latest data released by the National Energy Administration shows that since 2022, China's wind power, solar power and other new energies have enjoyed a strong momentum of development, and the installed capacity has maintained rapid growth, providing a greener impetus for China's economic and social development.
By the end of October 2022, China's cumulative installed power generation capacity is about 2.5 billion kilowatts, up 8.3% year on year. Among them, the installed capacity of wind power and solar power is about 350 million kilowatts and 360 million kilowatts respectively, with year-on-year growth of 16.6% and 29.2% respectively, maintaining rapid growth.
At present, China has a complete new energy industry chain system. The cost of new energy development and construction is declining. Wind power and photovoltaic power generation have entered a new stage of affordable, non subsidized and market-oriented development.Editor/Ma Xue