Loading...
Market
What will be the primary source of China's newly installed renewable energy capacity in the second half of 2024?
3
Resolution / Starting Odds
Wind • 25%
Solar • 25%
Equal contribution from wind and solar • 25%
Other sources • 25%
Official reports from China's National Energy Administration (NEA) or other authoritative sources
Story
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.
View original story
Similar markets
Wind • 25%
Solar • 25%
Hydropower • 25%
Other • 25%
Coal • 25%
Hydropower • 25%
Nuclear • 25%
Renewables (Wind, Solar) • 25%
Increase in offshore wind capacity by 50% • 25%
Launch of a new solar power plant exceeding 2 GW • 25%
Completion of a new ultra-high-voltage grid phase • 25%
Other major milestone • 25%
New subsidies for renewable energy projects • 25%
Expansion of green power trading • 25%
Increased investment in grid infrastructure • 25%
Other • 25%
Perovskite solar cells • 25%
Wind energy • 25%
Hydroelectric power • 25%
Other renewable sources • 25%
1,300 GW • 25%
1,400 GW • 25%
1,500 GW • 25%
Other • 25%
Rooftop Solar • 25%
Wind Energy • 25%
Hydropower • 25%
Other Renewable Sources • 25%
Less than 60% • 25%
60-70% • 25%
70-80% • 25%
More than 80% • 25%
1,300 GW or lower • 25%
1,301 GW to 1,400 GW • 25%
1,401 GW to 1,500 GW • 25%
Above 1,500 GW • 25%
Inner Mongolia • 25%
Xinjiang • 25%
Gansu • 25%
Other • 25%
Increase by less than 10% • 25%
Increase by 10-20% • 25%
Increase by 20-30% • 25%
Increase by more than 30% • 25%