Submission + - China on track to reach clean energy targets six years ahead of schedule (electrek.co)
Uncle_Meataxe writes: China, the world’s largest pollution emitter, will likely reach its 2030 clean energy targets soon. The country is on track to achieve its target of 1,200 GW in wind and solar installations this month, about six years ahead of the original timeline of 2030. Solar and wind power have seen exponential growth. According to a recent report from Australia-based Climate Energy Finance, China is the current world leader in renewable energy capacity.
Solar power led capacity additions, with 79.2 GW installed between January and May 2024, accounting for 68% of total new capacity. A total of 19.8 GW of wind capacity has been added so far in 2024, or about 17% of the total new additions.
China's clean energy push has been driven by government policies and market forces. The government heavily subsidizes renewable energy projects and implements regulations to curb carbon emissions. Advancements in technology have made solar and wind power cost-effective further accelerating their adoption. Though China has become a global leader in clean energy adoption, it still relies heavily on coal-fired power plants and will need to replace those facilities with sustainable options in order to truly offset its CO2 emissions.
Solar power led capacity additions, with 79.2 GW installed between January and May 2024, accounting for 68% of total new capacity. A total of 19.8 GW of wind capacity has been added so far in 2024, or about 17% of the total new additions.
China's clean energy push has been driven by government policies and market forces. The government heavily subsidizes renewable energy projects and implements regulations to curb carbon emissions. Advancements in technology have made solar and wind power cost-effective further accelerating their adoption. Though China has become a global leader in clean energy adoption, it still relies heavily on coal-fired power plants and will need to replace those facilities with sustainable options in order to truly offset its CO2 emissions.
