In the first two months, the total investment of China’s major power companies in solar energy nearly tripled from a year ago to 28.3 billion yuan
China’s installed renewable energy capacity saw robust growth in the first two months of the year, according to the National Energy Administration.
By the end of February, the installed capacity of wind power rose 11 per cent year on year to approximately 370 million kilowatts, while that of solar power stood at about 410 million kilowatts, marking a robust yearly increase of 30.8 per cent.
China’s total installed power generation capacity came in at about 2.6 billion kilowatts by the end of February, rising 8.5 per cent year on year.
The country has enhanced its renewable energy investment over the years to pursue green development.
In the first two months, the total investment of China’s major power companies in solar energy nearly tripled from a year ago to 28.3 billion yuan ($ 4.12 billion).