Hold onto your phone chargers—China’s energy sector is on a major glow-up! New data reveals the country’s installed power generation capacity jumped 14% year-on-year in the first seven months of 2024, hitting a staggering 3.1 billion kilowatts by July. That’s enough juice to power *checks notes*… basically a small galaxy of gadgets.
Solar power stole the spotlight with a 49.8% surge, reaching 740 million kilowatts—like turning the sun into a giant battery. Wind energy also breezed ahead with a 19.8% boost, proving renewables are no longer just ‘alternative’ energy. They’re the main event!
Investors are plugging in big-time, too: $58 billion flowed into power projects, while grid upgrades scored a 19.2% funding hike. And with electricity use up 7.7% (5.6 trillion kilowatt-hours!), China’s clean energy boom is powering everything from TikTok servers to late-night study sessions.
What’s next? With this pace, *every* future climate conference might need a ‘Shoutout to China’ slide.
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China's installed power generation capacity up 14% from Jan. to July
cgtn.com