Solar power generation 4 billion yuan


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Solar power generation 4 billion yuan

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How much did China invest in solar energy in the first 10 months?

In the first 10 months, major power companies in solar energy across the country invested a total of 269.4 billion yuan ($37.86 billion), surging 71.2 percent year-on-year, the data showed. China's installed capacity of clean energy surged in the first 10 months of the year amid the country's pursuit of green development.

How much did China invest in New Energy last year?

Investments in new energy surged more than 34 percent year-on-year, said Zhang Xing, spokesperson of the administration. Completed investments in solar power generation exceeded 670 billion yuan last year, while wind power investments surpassed 380 billion yuan, he said.

How many kilowatts does solar power produce a year?

The installed capacity of solar power generation rose 47 percent year-on-year to 540 million kilowatts and that of wind power rose 15.6 percent year-on-year to 400 million kilowatts, it said.

How much money did China invest in power supply projects?

China's major power generation companies invested a total of 662.1 billion yuan ($92.32 billion) in power supply projects during the first ten months this year, a 43.7 percent increase compared with the same period of the previous year, it said.

Why did China's energy investment surge last year?

Investments in China's energy sector surged last year on the back of the government's commitment to fortifying the country's energy infrastructure and embracing diverse energy formats.

How many kilowatts does China have?

The country's installed power generation capacity totaled about 2.81 billion kilowatts, up 12.6 percent year-on-year, the NEA said. China has scaled up its renewable energy investment over the years as the country pursues low-carbon and green development.

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