China has increased its green energy capacity to 2.74 billion kW

China has increased its green energy capacity to 2.74 billion kW Shutterstock
Katerina Belousova

The installed capacity of solar energy increased to 490 million kW

In China, renewable energy capacity reached 2.74 billion kW in the first seven months of 2023, up 11.5% from the same period in 2022.

In 2023, the total investment of China's major energy companies in solar energy will increase by 108.7% and reach $22.39 billion, reports XINHUANET.

"During the first seven months of 2023, China saw a steady increase in new installed clean energy capacity," the report said.

According to the National Energy Administration (NEA), recently installed solar capacity has increased by 42.9%, compared to 2022, to 490 million kW.

In addition, wind power capacity was approximately 390 million kW, representing an annual increase of 14.3%.

We will remind you that China launched the world's largest solar power plant Huadian Tianjin Haijing with a capacity of 1000 MW. The SPP is located on the reservoir of a salt deposit, and the project covers integrated salt extraction, electricity production and fishing.

As EcoPolitics previously reported, a study by the non-profit organization Environmental Progress showed that the UN Intergovernmental Panel on Climate Change (IPCC) for about 10 years understated by 3-5 times the carbon footprint of solar panels produced in China.

Related
The world is moving toward clean energy at an accelerated pace due to the war in Iran – UN Climate Secretary
The world is moving toward clean energy at an accelerated pace due to the war in Iran – UN Climate Secretary

Demand for renewable energy and electric vehicles is growing in various countries

A coal-fired power plant that produces no CO2 emissions has been built in China
A coal-fired power plant that produces no CO2 emissions has been built in China

The energy will be generated by a chemical reaction, rendering water, steam, and turbines obsolete

During the energy crisis, €350 billion in EU aid was misappropriated – von der Leyen
During the energy crisis, €350 billion in EU aid was misappropriated – von der Leyen

The European Union is currently learning from its mistakes and has announced new measures

The Rada has adopted a draft law on green energy aimed at European integration
The Rada has adopted a draft law on green energy aimed at European integration

The document updates permitting procedures and establishes rules for energy communities