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China added almost twice as much utility-scale solar and wind power capacity in 2023 than in any other year. By the first quarter of 2024, China’s total utility-scale solar and wind capacity reached 758 GW, though data from China Electricity Council put the total capacity, including distributed solar, at 1,120 GW.
By the end of 2022, China’s cumulative installed PV capacity had reached 392.6 GW, with an additional installation of 87.41 GW in 2022 (National Energy Administration, 2023), ranking the first globally in terms of new installation rate. It has become the world’s largest PV power market, accounting for nearly one-third of global PV installations 9.
From January to September, newly installed PV capacity totaled around 160 GW. By the end of September, China's total installed power generation capacity reached 3.16 TW, up 14.1% year-on-year. Solar power capacity surged to 770 GW, a 48.3% increase, while wind power reached 480 GW, up 19.8%.
China's NEA said the country added 20.89 GW of new solar capacity in September, a 27% month-on-month increase. From January to September, newly installed PV capacity totaled around 160 GW. By the end of September, China's total installed power generation capacity reached 3.16 TW, up 14.1% year-on-year.
Based in Shanghai, he covers the latest market developments, company news, and industry trends in Greater China. China’s National Energy Administration (NEA) says solar installations reached 160 GW between January and September 2024, with cumulative capacity hitting 770 GW by August.
In the first three quarters of 2020, China's newly added PV installed capacity was 18.7GW, higher than the level of the same period of last year. In the fourth quarter, it showed explosive growth, making the annual newly added installed capacity reach 48.2GW, including 32.68GW of centralized PV and 15.52GW of distributed PV.
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