Page 10 - AsiaElec Week 12 2022
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AsiaElec                                      RENEWABLES                                             AsiaElec


       China’s solar, wind





       capacity reaches





       330 GW






         CHINA           CHINA’S installed wind and solar capacity grew   The government has announced ambitious
                         by 17.5% year on year to 330 GW during the first  plans to build up to 450 GW of solar and wind
                         two months of 2022, according to official data  capacity in the Gobi Desert and other desert
                         released by the National Energy Administration  locations as it explores ways to meet its 2060 net-
                         (NEA).                               zero target.
                           The NEA said that the government was try-  Chinese President Xi Jinping has already
                         ing to make headway towards achieving carbon  committed to increasing the country’s renewa-
                         neutrality by the target date of 2060.  ble energy capacity to at least 1.2 GW by 2030,
                           Solar capacity reached 320 GW during the  as well as ensuring its carbon emissions peak by
                         period, a surge of 22.7% from a year ago, the data  the same year.
                         showed.                                China added 100.54 GW of new wind and
                           By the end of February, China’s total installed  solar capacity in 2021, according to official data,
                         generating capacity stood at 2,390 GW, up 7.8%  way above the government’s target of 90 GW.
                         y/y.                                   Wind accounted for 47.57 GW of new capac-
                           The country announced in 2021 that it aimed  ity, of which 16.9 GW was offshore, while solar
                         to reach peak carbon dioxide emissions by 2030  added 52.97 GW during the year, the NEA said.
                         and achieve carbon neutrality by 2060.  The International Energy Agency (IEA) said
                           China’s current policy is to gradually increase  in its January 2022 Electricity Market Report
                         the share of non-fossil energy consumption to  that it expected green energy to meet more than
                         around 20% by 2025, around 25% by 2030, and  70% of China’s “additional” electricity demand –
                         over 80% by 2060, according to a document  meaning any increase on today’s level – over the
                         released by the Communist Party of China Cen-  next three years.™
                         tral Committee and the State Council.









































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