SHANGHAI : China's connected a record 54.9 gigawatts of solar power capacity to the grid in 2021, up 14per cent compared to the previous year and amounting to 31per cent of its total capacity additions over the period, China's energy authority said.
New wind power installations reached 47.6 GW in 2021, down 34per cent compared to the previous year's record of 71.7 GW. Offshore wind installations were at a record high at 16.9 GW, driven by a rush to connect ahead of the phasing out of subsidies by the end of the year, analysts said. Newly added wind and solar power capacity hit 102.5 gigawatts in 2021, amounting to 58per cent of the country's total 2021 capacity additions.
China continued to build new thermal power in 2021, with new capacity reaching 46.3 GW, down 18.2per cent on the year. The NEA does not publish separate figures for coal-fired or gas-fired power.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China says 2021 fiscal revenues rise 10.7% year-on-yearBEIJING: China\u0027s fiscal revenues rose 10.7per cent in 2021 from a year earlier to 20.25 trillion yuan ($3.20 trillion), Vice Finance Minister Xu Hongcai said on Tuesday. Fiscal expenditures rose 0.3per cent in 2021 from a year earlier to 24.63 trillion yuan, Xu told a news conference. China cut t
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US F-35 pilot ejects, 7 hurt in South China Sea 'landing mishap'Seven US military personnel were hurt on Monday (Jan 24) when an F-35C warplane had a “landing mishap” on the deck of the aircraft carrier USS Carl Vinson in the South China Sea and the pilot ejected, the US Navy said. A US Navy statement said the incident happened during “routine flight operations” in the South China Sea. “The pilot...
Source: asiaonecom - 🏆 10. / 59 Read more »
China launches one-month 'clean cyberspace' campaignBEIJING : The Cyberspace Administration of China (CAC) said it was launching a one-month 'clean cyberspace' campaign over the spring festival period, targeting online abuse, 'chaos' in celebrity fan groups and 'money worship', among other issues.CAC made the announcement on its official WeChat account on
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Investors seek refuge in China as Fed, inflation roil other marketsSHANGHAI : Foreign investors are piling into China at the start of 2022, seeing it as a haven from the inflation, growth and pandemic problems plaguing most other markets.Despite seeing returns last year eroded by Beijing's regulatory and policy purge, global fund managers are pumping money into mainland
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China targets celebrities, fan groups in new month-long clean up campaign
Source: STForeignDesk - 🏆 4. / 71 Read more »
China has confidence to maintain full-year foreign trade operations within reasonable rangeBEIJING : China has confidence that it will maintain full-year foreign trade operations within a reasonable range, Li Xingqian, a commerce ministry official told a news conference on Tuesday. (Reporting by Stella Qiu and Ryan Woo; Editing by Christopher Cushing)
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »