China's wind, solar power installation soars by 74%

News Image

MG News | May 25, 2023 at 05:51 PM GMT+05:00

0:00

May 25, 2023 (MLN): China saw a steady increase in the newly installed capacity of clean energy in the first four months of 2023, as the country stepped up efforts to ensure sufficient energy supply and cut emissions, as reported by AFP/APP. 

China's newly installed capacity of wind and photovoltaic power reached 62.51 million kW from January to April, data from the National Energy Administration showed on Thursday.

The figure accounted for 74 percent of the country's total newly installed capacity, up 11.5 ppts from a year ago. China's wind and photovoltaic power generation reached 482.8 billion kWh during the period, up 26.8% YoY.

By the end of April, China's installed capacity of wind power reached 380 million kW and the installed capacity of photovoltaic power came in at 440 million kW.

The two combined accounted for 31% of the country's installed power generation capacity.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,585.00 119,440.00
118,225.00
290.00
0.25%
BRENT CRUDE 72.59 73.17
71.75
0.08
0.11%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 69.31 69.79
68.45
0.10
0.14%
SUGAR #11 WORLD 16.37 16.58
16.37
-0.22
-1.33%

Chart of the Day


Latest News
July 30, 2025 at 05:54 PM GMT+05:00

Pakistan BCI decreased by 1.2 points in July


July 30, 2025 at 05:17 PM GMT+05:00

Pakistan consumer confidence falls to 40.1 points in July


July 30, 2025 at 05:03 PM GMT+05:00

PKR rises by 10 paisa against USD


July 30, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: You Can’t Always Get What You Want



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg