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China adds 79.15GW of new photovoltaic installations from January to May

published: 2024-06-28 17:20

On June 28, China's National Energy Administration (NEA) released statistics on the country's power industry for January-May.

As of the end of May, the country's cumulative installed power generation capacity was about 3.04 billion kilowatts, up 14.1% year-on-year. Among them, the installed capacity of solar power generation was about 690 million kilowatts, a year-on-year increase of 52.2%; the installed capacity of wind power was about 460 million kilowatts, a year-on-year increase of 20.5%.

From January to May, the cumulative average utilization of power generation equipment nationwide was 1,372 hours, 59 hours less than the same period of the previous year.From January to May, the main power generation enterprises nationwide completed investment in power supply projects amounting to 257.8 billion yuan, a year-on-year increase of 6.5 percent. Power grid project completed investment of 170.3 billion yuan, an increase of 21.6% year-on-year.

For solar power generation, 79.15 million kilowatts were added from January to May, and only 19.04 million kilowatts were installed in May, up 47.6% year-on-year.


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