• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 19th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
Smoke rises from chimneys near solar panels, during a Huawei-organised media tour, in Shaanxi province, China April 24, 2023. Tingshu Wang
Smoke rises from chimneys near solar panels, during a Huawei-organised media tour, in Shaanxi province, China April 24, 2023. Tingshu Wang
Home
Business
Energy

China's solar, wind power installations soared to record in 2024

January 21st, 2025 | 07:12 AM BUSINESS Energy 2

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

LG Energy, once fixed on EV batteries, jumps to Plan B
Chilean miner SQM's shares rise after earnings beat, higher lithium outlook
Turkey is ready to search for oil and gas in Syria, Turkish minister says
Moscow's fuel stations limit sales amid shortages
By Reuters

China broke its own records for new wind and solar power installations again last year, official data showed on Tuesday, accelerating from a breakneck pace set in 2023 as the country looks to peak its carbon emissions before 2030.

Installed solar and wind power capacity climbed 45.2% and 18%, respectively, in 2024, the National Energy Administration said on Tuesday.

There is now 886.67 GW of installed solar power, up from 609.49 GW in 2023, it said. The United States had 139 GW in 2023, according to the International Renewable Energy Agency.

The installations mean China in July hit its 2030 target six years ahead of schedule, underscoring the speed of its clean energy rollout at a time when President Donald Trump has pulled the United States out of the Paris climate deal for a second time and pledged to make it easier to drill for oil and gas.

By 2030, solar power capacity should meaningfully outstrip coal, which still dominates China's grid, at 1,780 GW to 1,440 GW, state-owned oil major China National Petroleum Company said at a separate briefing.

Last in August, China's state planner unveiled a three-year plan to upgrade the power system, increasing its use of renewable energy and easing the strain of rising power demand on the national grid.

Wind power capacity touched 520 GW, the administration said, up 18% from a year earlier.

Total installed power generation capacity in 2024 increased by 14.6% year-on-year, reaching 3.35 billion kilowatts.

For 2025, Greenpeace analysts said renewable power could meet all of China's new power demand growth.

That would "pave the way for China's power sector to achieve peak emissions by 2025", according to Greenpeace East Asia Beijing-based project leader Gao Yuhe.

  • Topic
  • CHINA
  • ENERGY/RENEWABLES (UPDATE 1)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article LG Energy, once fixed on EV batteries, jumps to Plan B

Related Posts

Energy
August 19th, 2026

LG Energy, once fixed on EV batteries, jumps to Plan B

Energy
August 19th, 2026

Chilean miner SQM's shares rise after earnings beat, higher lithium outl...

Energy
August 19th, 2026

Turkey is ready to search for oil and gas in Syria, Turkish minister say...

Energy
August 19th, 2026

Moscow's fuel stations limit sales amid shortages

Energy
August 19th, 2026

Oil exports from Russia's western ports drop 15% below plan, traders say

Energy
August 19th, 2026

US, Indian fuel exporters profiting from supply uncertainty during wars

The Wire
Aug 19th 5 h ago
Government

DOJ argues Comey novel shows he knew ‘86 47’ post was a thr...

Aug 19th 5 h ago
Business

Fed policymakers' inflation concerns increased at July meet...

Aug 19th 5 h ago
Sports

Swiss rider Poncini dies in Manx GP qualifying

Aug 19th 5 h ago
Business

Amazon plans drone delivery expansion to about 500 US local...

Aug 19th 5 h ago
Litigation

Abbott settles appeal over $495 million infant formula verd...

TRENDING ON FINANCETIME
Aug 19th, 2026 Sports

Mets' Jorge Polanco (ankle) to have season-ending surgery

Aug 19th, 2026 Sports

Reports: Phillies sign free agent LHP Nestor Cortes

Aug 19th, 2026 Business

US CFTC seeks comment on compute derivatives as AI demand grows

Aug 19th, 2026 Technology

Payments firm Stripe to buy AI developer platform OpenRouter

Aug 19th, 2026 Government

ABC says intimidation by Trump's FCC forced programming changes

Markets-Sectors
ENERGY -0.16%
FINANCIALS -0.62%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT