China Leads Global Renewable Energy Expansion

Science & Technology Technology

Posted by NewAdmin on 2025-01-29 09:47:18 |

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China is playing a pivotal role in the global renewable energy transition, leading the charge in capacity expansion. According to recent reports, China is set to account for 60% of the world's renewable energy capacity expansion by 2030. The nation has already surpassed its ambitious target for 1,200 GW of solar and wind power six years ahead of schedule. This rapid growth is largely attributed to the government's strong support for renewable technologies, competitive costs, and a favorable policy environment.
China's renewable energy revolution has been especially marked in the solar photovoltaic (PV) and wind sectors. Since the phase-out of feed-in tariffs in 2020, China's solar PV capacity has quadrupled, and its wind capacity has doubled, making the country a global leader in both industries. This growth is also supported by its Net Zero by 2060 commitment and the strategic incentives provided through its 14th Five-Year Plan. These measures have helped China maintain its competitive edge in renewable energy while also ensuring that it remains at the forefront of global energy transitions​.
Furthermore, China’s renewable energy efforts are not just focused on electricity production but are expanding into other sectors, including transportation and heating. By 2030, the country is expected to host half of all newly installed renewable capacity worldwide, helping the global community achieve decarbonization goals. With its vast investments and advancements, China continues to shape the future of energy, positioning itself as a key player in the global renewable energy market.

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