, China
139 views

China's renewables capacity grew 12% to 728GW in 2018

Wind and solar took up 20GW and 44GW of the total new capacity, respectively.

According to the Chinese National Energy Administration, total installed power capacity in China rose by 6.5% in 2018 and reached 1,900 MW. Thermal capacities accounted for around 1/3 of new capacity additions. Renewable capacities - including hydropower - surged by 12% to around 728 GW, i.e. 38% of China's installed capacity. Hydropower capacity increased by around 3% to 352 GW, while wind capacity rose by 12% (+20 GW) to 184 GW and solar capacity surged by more than 33% (+44 GW) to nearly 175 GW.

According to preliminary statistics, domestic power consumption rose by 8.5% in 2018, as demand from the industrial sector rose by more than 7%. The demand from the service sector and from households was also very dynamic (+13% and +10%, respectively, in 2018).

The country's NDRC set a target of 1 900 TWh of renewable power generation by 2020 (+200 TWh compared to 2017 levels), to cover 27% of the country's power generation. By this date, installed renewable power capacity should reach 680 GW (+50 GW compared to 2017 levels).

This article was originally published by Enerdata.

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

India issues 1,870 MW renewable energy tenders in November
Major investments fuel hybrid projects and battery storage, stabilising India's grid.
Sri Lanka secures $100m loan for power sector reform
Unbundling the CEB boosts financial sustainability and opens the door for renewables.
Solar profitability rises 9% in Southeast Asia with battery integration
Stable policies and foreign investment are vital to unlock the region's solar potential.
ADB approves $650m loan to accelerate India's solar deployment
Policy reforms and loans will remove financial barriers to solar installation.