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
Global wind energy growth rate fell by 18%
Global wind energy growth rate fell by 18%

Global wind power capacity is expected to exceed 1.5 TW by the end of the year

Switching to electric vehicles saved the world $20 billion on oil during the war in Iran
Switching to electric vehicles saved the world $20 billion on oil during the war in Iran

Cutting imports of ever more expensive fuel saved Europe $3.1 billion

"Alibaba" to achieve carbon neutrality in its operations by 2030
"Alibaba" to achieve carbon neutrality in its operations by 2030

By 2035, the company plans to cut emissions by 1.5 gigatonnes

Electricity generation from Ukrainian solar power stations could increase by 2 GW by the end of 2026
Electricity generation from Ukrainian solar power stations could increase by 2 GW by the end of 2026

Around 80% of all new installations are small-scale solar power stations set up for self-consumption