China's renewable energy sector achieved unprecedented growth in 2024, with newly installed capacity reaching historic highs and accounting for more than 60% of global additions, according to a China Renewable Energy Engineering Institute report released Wednesday. Wind and photovoltaic installations alone are projected to add 280 million kilowatts this year – enough to power nearly 40 million homes annually.
Tech Innovation Drives Green Transition
Breakthroughs in smart technology, advanced materials, and multi-energy systems have positioned China at the forefront of clean energy development. Notable achievements include:
- Successful grid connection of the world's largest 26-megawatt offshore wind turbine
- N-type solar cells capturing over 50% market share within a year
- Core equipment breakthroughs for 300-megawatt compressed air energy storage
- Pioneering 'Offshore Wind+' projects combining marine ranching and hydrogen production
Global Impact Through Clean Energy Leadership
Chinese Academy of Engineering academician Zhang Zongliang emphasized China's role in global energy security: "Our innovations ensure stable supply chains for 40% of the world's new wind and solar installations." The report highlights China's:
- 85% global market share in photovoltaic products
- Clean energy exports to 200+ countries and regions
- Significant contributions to worldwide energy transition investments
Quality-Focused Development Strategy
China Renewable Energy Engineering Institute Vice President Zhang Yiguo outlined the sector's evolution: "We're transitioning from scale expansion to integrated systems that balance generation, grid infrastructure, and storage solutions." Future plans prioritize:
- Industry-specific renewable systems in resource-rich areas
- Cross-sector collaboration to optimize energy use
- Spatial planning coordination for efficient transmission
As nations intensify climate action, China's renewable energy advancements offer both technological solutions and implementation blueprints for global partners.
Reference(s):
Report: China's new energy sector continues high-quality growth
cgtn.com