National Energy Administration: In the first quarter of 2024, newly installed renewable energy capacity nationwide reached 63.67 million kilowatts, a year-on-year increase of 34%

In the first quarter of 2024, the National Energy Administration held a press conference. Pan Huixing, deputy director of the New Energy Bureau of the National Energy Administration, introduced that the country’s installed renewable energy capacity reached 1.585 billion kilowatts, a year-on-year increase of 26%, accounting for approximately 52.9% of China’s total installed capacity. %. Among them, the sum of wind power and photovoltaic power generation exceeded 1.1 billion kilowatts.

In the first quarter of 2024, the country’s renewable energy power generation reached 687.5 billion kilowatt hours, accounting for approximately 30.7% of all power generation; among them, wind power Photovoltaic power generation reached 425.3 billion kilowatt hours, a year-on-year increase of 25%.

According to the latest statistics, by the first quarter of 2024, new hydropower construction and operation across the country will reach 1.81 million kilowatts, including 210,000 kilowatts of conventional hydropower and 1.6 million kilowatts of pumped storage. As of the end of March 2024, the country's cumulative installed hydropower capacity reached 423 million kilowatts, including 371 million kilowatts of conventional hydropower and 52.54 million kilowatts of pumped hydropower. It is expected that by the first quarter of 2024, the national hydropower generation capacity above designated size will reach 210.2 billion kilowatt hours, and the national average hydropower utilization hours will be 555 hours.

By the first quarter of 2024, the country’s new grid-connected wind power capacity will reach 15.5 million kilowatts, including 14.81 million kilowatts of onshore wind power and 690,000 kilowatts of offshore wind power. As of the end of March 2024, the country's cumulative wind power grid-connected capacity reached 457 million kilowatts, a year-on-year increase of 22%, including 419 million kilowatts of onshore wind power and 38.03 million kilowatts of offshore wind power. In the first quarter of 2024, the national wind power generation reached 263.6 billion kilowatt-hours, a year-on-year increase of 16%.

In the first quarter of 2024, the construction and operation of photovoltaic power generation nationwide showed that 45.74 million kilowatts were newly connected to the grid, a year-on-year increase of 36%, including 21.93 million kilowatts of centralized photovoltaics and 23.80 million kilowatts of distributed photovoltaics. As of the end of March 2024, the country's installed photovoltaic power generation capacity reached 659 million kilowatts, including 379 million kilowatts of centralized photovoltaics and 280 million kilowatts of distributed photovoltaics. In the first quarter of 2024, the national photovoltaic power generation capacity was 161.8 billion kilowatt-hours, a year-on-year increase of 42%.

In the first quarter of 2024, the construction and operation of biomass power generation nationwide. According to statistics, the newly installed capacity of biomass power generation nationwide reached 630,000 kilowatts, and the cumulative installed capacity reached 44.77 million kilowatts, a year-on-year increase of 7%. Biomass power generation amounted to 51.8 billion kilowatt-hours, a year-on-year increase of 6%.

Data: This site understands that in 2023, the country's installed renewable energy capacity will exceed 1.5 billion watts, accounting for more than 50% of the country's total installed power generation capacity. The installed capacity of thermal power has historically exceeded that of thermal power. Photovoltaic modules and wind power equipment account for 70% and 60% of the world respectively. The new energy industry system leads the world.

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