Photovoltaic power capacity alone accounted for about 740 GW, up 49.8%, while wind power capacity stood at around 470 GW, up 19.8%. China’s National Energy Administration (NEA) says the country installed 21.05 GW of PV in July 2024, bringing the total for the year to 123.53 GW, while China Huadian Group has launched a tender … Continue reading China’s photovoltaic capacity from January to July increased by 123.53 GW
Continue readingTag Archives: China
China’s installed power generation capacity up 14% from Jan. to July
China’s installed power generation capacity expanded 14 percent year on year in the first seven months of this year, data from the National Energy Administration showed on Friday. The country’s total installed power generation capacity reached about 3.1 billion kilowatts by the end of July, according to the data. Photo shows photovoltaic power panels and … Continue reading China’s installed power generation capacity up 14% from Jan. to July
Continue reading
Inauguration of China’s First 400 MW Offshore Photovoltaic Park
Grand Sunergy is deploying its expertise with the launch of the Yantai Zhaoyuan offshore project, the first 400MW solar farm in China, demonstrating the technological viability of photovoltaic installations in marine environments. Grand Sunergy reaches a decisive milestone in China with the commissioning of the Yantai Zhaoyuan project, the country’s first large-scale offshore photovoltaic park.Located … Continue reading Inauguration of China’s First 400 MW Offshore Photovoltaic Park
Continue reading
World’s largest floating wind turbine sets sail
OceanX, the world’s largest single capacity floating wind power platform, embarked on its journey from Guangzhou to the Yangjiang Mingyang Qingzhou IV offshore wind farm in Guangdong, China. After a 191-nautical-mile, over 50-hour tow, the platform’s arrival marks the commencement of a new era in green energy, poised to set the standard for offshore wind … Continue reading World’s largest floating wind turbine sets sail
Continue reading
China is rapidly expanding its battery fleet for wind power and photovoltaic, but needs to start using it
The average storage system runs only once every two days. The electricity market lacks incentives to fully use its capacity. The solution to encourage the use of these batteries could involve new reforms of its electricity market, according to BloombergNEF. “Having electricity prices that change at different times of day, something many provinces are testing, … Continue reading China is rapidly expanding its battery fleet for wind power and photovoltaic, but needs to start using it
Continue reading
Top photovoltaic (PV) module suppliers by shipment in H1 2024
JinkoSolar, Trina Solar, JA Solar and Longi Solar, have achieved a total shipment of over 140GW in the first half of 2024, 52% of the market share, while the total volume for top 10 is above 225GW, taking 82% of the market, which is lower than that of the first quarter, according to the latest … Continue reading Top photovoltaic (PV) module suppliers by shipment in H1 2024
Continue reading
China’s photovoltaic industry venturing into offshore floating territories
On a vast salt pan in Yinggehai Town, located in Ledong Li Autonomous County of Hainan Province in Southern China, a massive array of 434,000 photovoltaic (PV) panels generates a continuous supply of clean energy. This is the largest centralized PV base in Hainan. The recently completed facility can generate about 720 million kilowatt-hours of … Continue reading China’s photovoltaic industry venturing into offshore floating territories
Continue reading
How China’s subsidies are reshaping the global photovoltaic (PV) industry
In recent years, the photovoltaics market has faced unexpected challenges related to overproduction. Despite the growing popularity of and growing demand for renewable energy sources, the global supply of solar panels significantly exceeds current needs. This situation has had a significant impact on the global economy and has created several problems for manufacturers around the … Continue reading How China’s subsidies are reshaping the global photovoltaic (PV) industry
Continue readingPhotovoltaic solar energy crisis in China: excess supply causes a spiral of failures
Photovoltaic manufacturers enter restructuring processes or declare bankruptcy due to market prices lower than production costs due to ample supplyA growing number of Chinese solar equipment manufacturers have entered into restructuring or bankruptcy, amid growing oversupply and resulting price wars, which are causing huge financial losses and threatening the survival of many smaller companies. . … Continue reading Photovoltaic solar energy crisis in China: excess supply causes a spiral of failures
Continue reading
Southern Xinjiang’s first wind farm begins operation, boosting high-altitude wind energy
Southern Xinjiang’s first wind power project, situated at an average altitude of 3,100 meters in Kizilsu Kirgiz Autonomous Prefecture, went into operation on Saturday. Located in Wuqia County on the Pamir Plateau, the wind farm is the westernmost one in China. The project represents a major advancement for China in high-altitude wind energy technology. The … Continue reading Southern Xinjiang’s first wind farm begins operation, boosting high-altitude wind energy
Continue reading
China’s wind power and photovoltaic capacity overtake coal for the first time
The landscape of China is changing on a scale hard to fathom to outsiders with renewable energy projects stretching across vast terrains, and in the process altering the fortunes for dry bulk owners. China’s investments in renewables are gigantic, leading the world in wind and solar, with twice as much capacity under construction as the … Continue reading China’s wind power and photovoltaic capacity overtake coal for the first time
Continue reading
China installs 102.48 GW of new photovoltaic power in the first half of 2024
China added 102.48GW of new PV installations between January and June 2024, according to the latest data from China’s National Energy Administration. Notably, the second quarter saw a significant increase, with an average of over 17GW of new installations per month. On July 20, the National Energy Administration released the statistics on the national power … Continue reading China installs 102.48 GW of new photovoltaic power in the first half of 2024
Continue reading
Top photovoltaic module suppliers by shipment volume in Q1, 2024
JinkoSolar, JA Solar, Trina Solar, and LONGi shipped about 63 GW of PV modules in the first quarter of 2024, accounting for over 55% of total shipments, underscoring intensified concentration. The top 10 brands collectively delivered around 98 GW, capturing nearly 86% of shipments, surpassing industry expectations. The market dominance of the top 4 brands, … Continue reading Top photovoltaic module suppliers by shipment volume in Q1, 2024
Continue reading
China’s solar photovoltaic (PV) industry sees massive expansion amid challenges
In the first half of 2024, China’s solar industry has shown resilience amid challenging market conditions, with over 800 billion RMB in new contracts and a flurry of project activities. Solarbe’s latest data reveals a robust performance across the photovoltaic supply chain, encompassing 259 manufacturing initiatives. These include 127 newly signed projects, 77 projects breaking … Continue reading China’s solar photovoltaic (PV) industry sees massive expansion amid challenges
Continue reading
Concentrated Solar Power plant generates electricity by chasing sunlight 24 hours a day
In Guazhou County of northwest China’s Gansu Province, a Concentrating Solar Power with energy storage power station can generate power for 24 hours non-stop. Its main project has begun commissioning and will be put into operation by the end of this year, according to the China Three Gorges Corporation. The solar thermal energy storage power … Continue reading Concentrated Solar Power plant generates electricity by chasing sunlight 24 hours a day
Continue reading
World’s first dual-tower Concentrated Solar Power plant boosts efficiency by 24%
Two 650-foot-tall (200-m) towers have risen in China’s Gansu Province. Combined with an array of 30,000 mirrors arranged in concentric circles, the new facility is expected to generate over 1.8 billion kilowatt-hours of electricity every year.While photovoltaic panels that directly convert sunlight to electricity are what most people think of when they hear the term … Continue reading World’s first dual-tower Concentrated Solar Power plant boosts efficiency by 24%
Continue reading
China building two-thirds of world’s wind energy and photovoltaic solar projects
Country on track reach 1,200GW of installed wind power and photovoltaic capacity by end of 2024 – six years ahead of Beijing’s target. Between March 2023 and March 2024, China installed more solar than it had in the previous three years combined, and more than the rest of the world combined for 2023, the GEM … Continue reading China building two-thirds of world’s wind energy and photovoltaic solar projects
Continue reading
China builds twice as much wind power and photovoltaic capacity as the rest of the world
China consolidates its position as a world leader in renewable energy, currently building twice as much wind and photovoltaic capacity as the rest of the world, according to a study published this Thursday. The Asian giant, with 1.4 billion inhabitants and numerous factories due to its status as a manufacturing country, is the world’s largest … Continue reading China builds twice as much wind power and photovoltaic capacity as the rest of the world
Continue readingChina issues draft rule to boost healthy development of photovoltaic industry
China’s Ministry of Industry and Information Technology (MIIT) on Tuesday issued a draft rule requiring photovoltaic (PV) enterprises to reduce excessive photovoltaic manufacturing projects that simply expand production capacity amid efforts to guide the healthy development of the industry. The move is aimed at strengthening the management of the PV industry, guiding it to accelerate … Continue reading China issues draft rule to boost healthy development of photovoltaic industry
Continue readingDistributed photovoltaic power dominates grid in East China’s
During the hot summer, even with the continuous rise in electricity consumption, the grid in Zaozhuang, East China’s Shandong Province, remains stable. Notably, 70 percent of the power comes from photovoltaic sources. From 6 am to 12 am, the output curve of the distributed photovoltaic (PV) power generation kept rising and reached 1225.9 MW at … Continue reading Distributed photovoltaic power dominates grid in East China’s
Continue reading