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Global Wind Power Hits 117 GW In 2024, Driven By China & India: GWEC

The global wind industry added 117 GW of new capacity in 2024, marking its strongest year to date, according to new findings. The additions brought total installed wind power capacity worldwide to 1,136 GW—an 11% increase over 2023. Onshore wind led the surge, with 109 GW connected to the grid, surpassing the 100 GW milestone […]

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China Solar Firms Hope For a Quick Resolution Of US Tariff Tussle

As global markets swoon over the US tariff action, and China’s surprising retaliatory response with a 34 percent tariff on US imports to that country, China’s solar titans hope that better sense will prevail in due course, sooner rather than later. With stock prices for both Jinko (NYSE listed) and Longi (Shanghai SSE listed) down […]

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China’s Renewable Sector Enters New Era with Market-Driven Pricing

China’s National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) recently issued a joint notice outlining measures to deepen the pricing reform for electricity generated from renewable sources. The reform focuses on three key areas: allowing market forces to determine renewable power prices, creating a pricing and settlement mechanism that supports long-term […]

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China’s March Towards 3000 GW Renewables By 2030, 2025 Solar Price Trends

In news from China, the National Energy Administration (NEA) of the country has confirmed that in 2024, China added 373 GW of renewable capacity.  This is a 23 percent year on year rise. Those additions, which accounted for 86% of all power capacity added, also took the share of renewables in total capacity to 56 […]

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2024: China Installs 8 GW Solar Projects In Belt & Road Countries

Chinese companies installed 24 Gigawatts (GW) capacity in Belt and Road (B&R) countries in 2024, according to a new report from Wood Mackenzie. This record number doubles the capacity installed in 2023 and is a new high for investment since the initiative was launched in 2013. Notably, renewable energy sources, particularly solar and hydropower, led […]

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China Adds 277 GW Of New Solar Capacities In CY24

Notwithstanding the global trade challenges of the Chinese solar industry, the country has now created new records in its green energy landscape. As per the latest data furnished by the National Energy Administration (NEA), China’s solar energy capacity has touched 886.67 GW. China’s solar capacity  This is far ahead of other nearby countries in Asia […]

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China’s Polysilicon Leaders Announce Production Cuts To Arrest Low Prices

Tongwei Group and Daqo New Energy, two of the world’s largest, and China’s largest producers of solar grade polysilicon materials, have announced a cutback on production of high-purity polysilicon amid falling prices and financial losses. The firms ended H1 of 2024 with significant losses from their operations, and in likelihood, H2 has been no better. […]

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