Home » Business » China’s installed renewable energy capacity rises during the first ten months of 2023

China’s installed renewable energy capacity rises during the first ten months of 2023

BEIJING, Nov. 26, 2023 (Xinhua) The installed capacity of clean energy in China rose during the first ten months of this year as the country seeks to achieve green development.

Data issued by the National Energy Authority showed that by the end of last October, the installed capacity of solar energy in the country expanded by 47 percent year-on-year to reach 540 million kilowatts, while the installed capacity of wind energy reached about 400 million kilowatts, an increase of 15.6 percent year-on-year. annual.

The authority added that the total installed power generation capacity in the country amounted to about 2.81 billion kilowatts, an increase of 12.6 percent year on year.

China has increased its investment in renewable energy over the years as the country seeks low-carbon and green development.

The data showed that in the first 10 months, major energy companies across the country invested in solar energy a total of 269.4 billion yuan (about 37.86 billion US dollars), up 71.2 percent year on year.

2023-11-27 01:53:43
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