Guanlin Solar Power Generation

How will China's solar and wind power capacity grow in 2024?

China's solar and wind power generation capacities have seen rapid growth in 2024, according to the latest official statistics, a result of the country's accelerated push for new energy development and green transition.

Why is China's new energy sector growing so fast?

Due to strong policy support, the annual growth rate of China's new energy sector is hovering in the double digits. Since 2013, wind power capacity has increased sixfold, while solar power capacity has surged by 180 times. China's annual new energy installations account for more than 40 percent of the global total, the Xinhua News Agency reported.

What is China doing about green energy?

Last year, the Chinese government rolled out an action plan to accelerate the all-around green transformation of economic and social development, with a focus on building a new power system and vigorously promoting non-fossil-fuel energy.

What is solar thermal power generation?

Solar thermal power generation technology has been developing in the direction of ever-larger capacity and higher parameters. Currently, solar energy generation can produce a steam temperature as high as 400–500°C, with a generation efficiency of 25%.