China’s renewable energy revolution is accelerating faster than ever! The country’s total installed power generation capacity hit 3.19 billion kilowatts by October 2024—a 14.5% jump from last year. Solar and wind are leading the charge, with solar capacity soaring 48% to 790 million kW and wind power up 20.3% to 490 million kW.
Big Bucks for a Greener Grid
Power companies invested over 718 billion yuan ($99B) in energy projects this year, while grid infrastructure spending spiked 20.7%. Talk about putting your money where the megawatts are!
Breaking Targets (and Records)
China’s renewable energy expansion is on turbo mode: 80% of new power capacity added this year came from green sources. Even more impressive? The country smashed its global climate targets for wind and solar six years ahead of schedule. That’s like finishing a group project before the Slack chat even starts!
With the world’s largest carbon-cutting policy framework, China’s energy transition is rewriting the playbook for sustainable growth. Stay tuned—this green machine isn’t slowing down!
Big Bucks for a Greener Grid
Breaking Targets (and Records)
China's Green Energy Tops Coal for the First Time!
