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China Aims for 1,200 GW of Wind and Solar Capacity by Year-End, Installing 5 GW Weekly
Jul 21, 2024, 04:10 AM
China is leading the global push for renewable energy, aiming to achieve 1,200 gigawatts (GW) of wind and solar capacity by the end of the year. This ambitious target surpasses global totals and exceeds official projections. China is currently installing 5 GW of wind and solar generation capacity each week, a pace unmatched by Western countries. This rapid expansion is largely driven by China's ability to mobilize markets and investments, highlighting the outsized impact of China's efforts on global renewable energy statistics. However, experts caution against mistaking China's success for a global trend, emphasizing that the growth in renewable energy is regionally varied and not uniform across the world.
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