The Shanghai Cooperation Organization (SCO) has cemented its position as a global renewable energy powerhouse, with member states collectively reaching 2,310 gigawatts (GW) of installed clean energy capacity by the end of 2024 – representing half of the world's total green power infrastructure.
Historic Growth Trajectory
Since its establishment in 2001, the bloc has achieved a 14.5-fold increase in renewable energy capacity, maintaining an average annual growth rate of 12.3%. The past year alone saw SCO members add 420 GW of new installations, accounting for 72% of global renewable expansion.
China's Pivotal Role
The Chinese mainland contributed over 370 GW to 2024's growth, demonstrating its technological leadership and manufacturing scale in solar panels, wind turbines, and hydropower systems. This acceleration aligns with Beijing's dual carbon goals and its commitment to regional energy security.
Regional Cooperation Framework
Analysts highlight the SCO's unique position in facilitating cross-border energy partnerships, combining Central Asia's natural resources with South Asia's growing demand and East Asia's technological expertise. The organization now leads in all three major renewable sectors: hydropower (38% global share), wind (41%), and solar (53%).
Future Energy Landscape
With renewable investment in SCO countries reaching $580 billion in 2024, the bloc is poised to reshape global energy markets while addressing climate challenges. Upcoming projects focus on smart grid integration and sustainable urban development across member states.
Reference(s):
cgtn.com