Installed capacity of solar and wind farms in China reaches 415 GW

The China Electricity Council has published energy statistics for 2019, Renen reports.

In 2019, the installed capacity of photovoltaic solar energy increased by 17.4% and amounted to 204.68 GW at the end of the year. The installed capacity of wind energy increased by 14% and reached 210.05 GW.

The total capacity of wind and solar energy is 414.73 GW or 20.6% of the installed capacity of the Chinese power system.

Solar and wind farms jointly produced 629.5 TWh of electricity. The total share of sun and wind in electricity production in China reached 8.6%.

In 2019, China reduced the share of new solar stations; in total, about 30 GW of photovoltaic stations were commissioned. In 2018, this figure was 43.6 GW.

To recap, China built an offshore wind farm in record time – less than a year. According to IEA forecasts, 110 GW of offshore wind farms will operate in China in 2040.

Tags: contracts, renewable energy, solar energy, wind energy, legislation, electricity, feed-in tariff, electricity market, renewables, negotiations, investments, investors, route, offshore wind farm

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