At the end of July, the National Energy Administration of China (NEA) hosted an online press conference. According to the NEA, as of H1 of 2023, China’s newly installed renewables capacity reached 109GW, a y-o-y increase of 98.3% compared to previous additions. This represents 77% of all newly added energy capacity.

Additionally, with a y-o-y growth of 18.2%, the total installed capacity of renewable energy has surpassed the installed capacity of coal, reaching 1.3 TW and accounting for approximately 48.8% of the nation’s total installed capacity.

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