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 EU is investing €2.5 billion in revenue from the ETS in energy efficiency projects across 11 countries
The EU is investing €2.5 billion in revenue from the ETS in energy efficiency projects across 11 countries

This covers a wide range of initiatives – from installing energy storage systems to improving the energy efficiency of industrial processes

Ukraine has already made up for the losses sustained in the solar energy sector during the war
Ukraine has already made up for the losses sustained in the solar energy sector during the war

Between 2022 and 2026, Ukraine will have around 4 GW of solar power generation capacity

Scorching heat, the renewable energy boom and emissions cuts: a round-up of EU news
Scorching heat, the renewable energy boom and emissions cuts: a round-up of EU news

Countries are suspending train services, banning alcohol and cancelling public events

Metinvest has raised €20 million for green power generation and energy sustainability
Metinvest has raised €20 million for green power generation and energy sustainability

In particular, there are plans to build a 37 MW solar power station