China Shatters Renewable Energy Installation Record in 2024
2025-01-21
China set a new record for renewable energy installations in 2024, adding approximately 277 gigawatts of solar and nearly 80 gigawatts of wind power. This achievement marks a significant milestone, allowing China to reach its 2030 renewable energy target six years ahead of schedule, contrasting sharply with the US's shift towards fossil fuels. Despite a challenging year for the solar industry due to oversupply, the installation pace remained impressive. While challenges like grid infrastructure upgrades and land availability may slow growth in the coming years, substantial additions are still projected for 2025.
Tech
China energy