Installed capacity

56%

By the end of 2024, China's renewable energy installed capacity has reached 1,889 million kilowatts, reflecting a year-on-year growth of 25%, which accounts for approximately 56% of the country's total installed capacity, once again exceeding that of thermal power.

Electricity generation

3.46 trillion kilowatt-hours

In 2024, the total renewable energy electricity generation reached 3.46 trillion kilowatt-hours, an increase of 19% year-on-year, representing about 35% of the total electricity generation. Among this, wind and solar power generation totaled 1.83 trillion kilowatt-hours, a growth of 27%.

Installed capacity of PV

278 million kilowatts

In 2024, the newly added PV installed capacity was 278 million kilowatts, reflecting a year-on-year increase of 28%. By December 2024, the total PV power generation installed capacity reached 886 million kilowatts, a year-on-year increase of 45% increase, with centralized PV power generation accounting for 511 million kilowatts and distributed power generation for 375 million kilowatts.

PV power generation

834.1 billion kilowatt-hours

In 2024,

the PV electricity generation in China was 834.1 billion kilowatt-hours, a 44% increase year-on-year, with a utilization rate of

96.8%。

New energy storage

70 million kilowatts

In 2024, China's new energy storage sector maintained rapid growth, with an installed capacity surpassing 70 million kilowatts, representing an increase of over 130% compared to the end of 2023. In addition, the installed capacity of pumped storage hydropower exceeded 58 million kilowatts. New energy storage and pumped storage have become indispensable forces in ensuring power supply and facilitating low-carbon transition.