![China posts rising PV power capacity in Q1](https://www.eqmagpro.com/wp-content/uploads/2019/06/China-posts-rising-PV-power-capacity-in-Q1.jpg)
China posts rising PV power capacity in Q1
China’s installed photovoltaic (PV) capacity rose 28 percent year on year by the end of March, official data showed.
The total PV installations amounted to nearly 180 gigawatts, with 5.2 gigawatts of capacity added in the first quarter, according to the National Energy Administration.
PV power generation came in at 44 billion kilowatt hours in Q1, up 26 percent from a year earlier.
Most newly installed PV capacity was located in north and east China, accounting for 28 percent and 28.4 percent of the total new PV power capacity in Q1, respectively.
China is taking the lead in PV development globally, with an internationally competitive and complete industrial chain.
By the end of 2020, renewable energy will supply 1.9 trillion kilowatt-hours of electricity, 27 percent of total power generation, according to the government’s 2016-2020 plan for renewable energy.
Source(s): Xinhua News Agency
Related posts:
- Mondragon Assembly will invest 3.5 million to build a new plant in China
- China provides $1 billion in ‘green’ finance to coal projects in first half of the year
- CATL – KSTAR Has Completed New Factory Buiding in China
- JinkoSolar’s Tiger Pro Dual Glass Module Receives The World’s First IEC TS 62804-1-1:2020 Certification for Anti-PID Issued by DEKRA