China Building Two-Thirds of World's Wind and Solar Projects

An anonymous reader quotes a report from The Guardian: The amount of wind and solar power under construction in China is now nearly twice as much as the rest of the world combined, a report has found. Research published on Thursday by Global Energy Monitor (GEM), an NGO, found that China has 180 gigawatts (GW) of utility-scale solar power under construction and 15GW of wind power. That brings the total of wind and solar power under construction to 339GW, well ahead of the 40GW under construction in the US. The researchers only looked at solar farms with a capacity of 20MW or more, which feed directly into the grid. That means that the total volume of solar power in China could be much higher, as small scale solar farms account for about 40% of China's solar capacity. 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 analysts found. China is on track to reach 1,200GW of installed wind and solar capacity by the end of 2024, six years ahead of the government's target. "The unabated wave of construction guarantees that China will continue leading in wind and solar installation in the near future, far ahead of the rest of the world," the report said. Earlier analysis suggests that China will need to install between 1,600GW and 1,800GW of wind and solar energy by 2030 to meet its target of producing 25% of all energy from non-fossil sources. Between 2020 and 2023, only 30% of the growth in energy consumption was met by renewable sources, compared with the target of 50%.

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