📈China’
s Installed Renewables Achieved Yet Another Record in 2024
Bloomberg reports that China broke its own record in installing renewable power in 2024.
♻The world’s second-largest economy added roughly 277 gigawatts of solar last year, surpassing the previous year’s record of 217 gigawatts. It also added nearly 80 gigawatts of wind.
🇺🇸The
record installation means
China has hit its
2030 renewables
target six years early. This stands in contrast to the
US, where
Donald Trump has started implementing a
hard pivot back to
fossil fuels and
withdrawn from the
Paris climate pact.
🇨🇳The country is
expected to add
273 gigawatts of
solar and
94 gigawatts of
wind in
2025, driven by needs of state-owned developers and provincial governments to meet their renewable capacity
goals in the
final year of the country’s
14th five-
year plan.
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© Иқтисодий шарҳ
© Economic Review
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