Market Chatter: China's Wind and Solar Power Surpass Fossil Fuels for First Time

MT Newswires Live
2025/04/28

China's wind and solar power capacity topped fossil fuel-based capacity for the first time, hitting 1,482 gigawatts by March's end, Reuters reported April 25.

While China races ahead on renewables, hitting its 2030 target six years early, coal-fired projects continue to expand with the addition of 99.5 gigawatts in 2024, according to the report.

Wind and solar power now account for more than half of installed capacity in China but just 22.5% of delivered power, Reuters wrote.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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