China's installed capacity of renewable energy surges
China's newly-added installed capacity of renewable energy hit 172 million kilowatts in the first nine months of the year, a 93 percent increase compared to the same period last year.
China's installed capacity of renewable energy surges
The Economics of Geography

China's installed capacity of renewable energy surges

Photo: AFP/NurPhoto
Eurasia 31/10/2023 17:28

China's newly-added installed capacity of renewable energy hit 172 million kilowatts in the first nine months of the year, a 93 percent increase compared to the same period last year.

By the end of September, the country's total installed capacity of renewable energy reached 1.38 billion kilowatts, which accounted for 49.6 percent of the country's total installed power generation capacity and has exceeded that of coal-fired power, Xinhua reported.

This surge reflects the country's commitment to promoting green development.
AFP/Cfoto
Of the total, the installed capacity of hydropower, wind power, photovoltaic power and biomass power stood at 419 million kilowatts, 400 million kilowatts, 521 million kilowatts and 43 million kilowatts, respectively.
#renewable energy #sustainability #China
See Also
Hungary–China ties could benefit EU amid U.S. trade wars
Hungary–China ties could benefit EU amid U.S. trade wars

“Hungary is a critical link in China–EU industrial chain cooperation,” Chinese Ambassador to Budapest Gong Tao emphasised in an interview with Eurasia. 
Vietnam to build Dubai-like floating city
Vietnam to build Dubai-like floating city

The Vietnamese city of Da Nang recently announced plans to build a Dubai-like floating city as part of broader infrastructural investments aiming to turn the area into a financial, commercial and service hub.
Trade instead of oil: How CEPA agreements are shaping the future of the UAE
Trade instead of oil: How CEPA agreements are shaping the future of the UAE

The UAE’s economic growth is no longer driven by oil. The country is building its trade relations with great skill and strategy: oil has now been replaced by international shipping and trade. The favorable tax environment and free trade zones, which allow businesses to be established quickly and easily, provide an ideal breeding ground for investors.

We use cookies on our website. If you consent to their use, we use them to measure and analyze the use of the website.
Information and Settings

Accept