Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Power generation capacity and investment increases in China !

Power generation capacity and investment increases in China

Time:2024-05-21 19:12:39 source:Stellar Signals news portal

The cumulative installed capacity of power generation in China rose to 2.97 billion kilowatts by the end of February, a year-on-year increase of 14.7 percent, with solar power reaching 650 million kilowatts, a year-on-year increase of 56.9 percent and wind power up 21.3 percent year-on-year to 450 million kilowatts, official data showed on Monday.

Meanwhile, total investment in power generation projects by major power generation enterprises nationwide was 76.1 billion yuan ($10.57 billion), an increase of 8.3 percent year-on-year. The investment in grid projects was 32.7 billion yuan, an increase of 2.3 percent year-on-year, it said.

China's electricity consumption, a key barometer of economic activity, logged robust expansion in the first two months of 2024, with power use climbing 11 percent year-on-year to 1.53 trillion kilowatt-hours during the first two months this year, said the administration.

Specifically, power consumed by primary and secondary industries went up 11.1 percent and 9.7 percent year-on-year, respectively. Power used by the tertiary sector soared 15.7 percent.

In the Jan-Feb period, China's residential power use registered a 10.5 percent increase from the same period last year, the data revealed.

Related information
  • ‘The Blue Angels,’ filmed for IMAX, puts viewers in the ‘box’ with the elite flying squad
  • Shen Yueyue Inspects Northwest China's Qinghai Province
  • China greets green tomb
  • ACWF Holds Symposium to Study, Implement Spirit of General Secretary Xi Jinping's Important Speech
  • Analysis: Larson enters conversation with Verstappen as best drivers in the world
  • Chinese scientists use machine learning for precise Antarctic sea ice prediction
  • Shen Yueyue Stresses High
  • China Launches Women Volunteers' Service Campaign
Recommended content
  • Siblings trying to make US water polo teams for Paris Olympics
  • Chinese Delegation Advocates World Without Gender Discrimination at UN CSW68
  • Shen Attends SCO Forum on People
  • ACWF Calls on Women to Follow Party's Leadership, Embark on New Journey
  • Target to lower prices on basic goods in response to inflation
  • Shen Meets ACWF's Executive Committee Members, Specially Invited Delegates from Hong Kong, Macao