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China's Installed Power Generation Capacity up 14.6% in 2024

Jan 21, 2025, 3:25 a.m. ET

AsianFin -- China's total installed power generation capacity reached 3.35 billion kilowatts at the end of December last year, up 14.6 percent year on year, data from the National Energy Administration showed on Tuesday.

Major power companies invested about 1.17 trillion yuan (162.99 billion U.S. dollars) in power supply projects, an increase of 12.1 percent year on year. Investment in power grid projects rose by 15.3 percent, reaching 608.3 billion yuan.

In 2024, China's solar power generation capacity surged 45.2 percent to about 890 million kilowatts, while wind power generation capacity rose 18 percent to about 520 million kilowatts.

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