Saturday, May 18, 2024

Solar power dominates China’s energy generation in 2023

  • China installs 128.94 GW new solar capacity in 2023’s first 9 months, up by 69% YoY.
  • Q3 added 50.52 GW, 15.78 GW in September, suggesting 170 GW by year-end.
  • Cumulative solar capacity in China reaches 520 GW by September 2023.
  • In 9M/2023, China’s PV capacity of 128.94 GW outpaces its total capacity of 226.33 GW.
  • Thermal power and wind follow with 39.44 GW and 33.48 GW, respectively.
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