Industry Dynamics

On October 31, the National Energy Board released the construction of PV power generation in the first three quarters of 2024, the first three quarters of the PV new scale of 160.88GW, of which the centralized 75.66GW, distributed PV total 85.22GW, of which household PV amounted to 22.8GW.

October 31, the National Energy Board held a press conference, the Deputy Director of the Department of Comprehensive, spokesman Zhang Xing said that in the first three quarters of 2024, the country's new PV grid-connected 161 million kilowatts, an increase of 24.8%, of which centralized PV 75.66 million kilowatts, distributed PV 85.22 million kilowatts.

October 31, the National Energy Board held a press conference, the National Energy Board Development Planning Department Deputy Director Dong Wancheng said that as of the end of July, the national wind power, solar power installed capacity reached 1.206 billion kilowatts, six years ahead of schedule to complete China's commitment to the Climate Ambition Conference, "by 2030 China's total installed capacity of wind power, solar power generation to reach more than 1.2 billion kilowatts " target.

On the morning of October 28, the meeting of China-International Renewable Energy Agency (IRENA) Cooperation Steering Committee was held in Beijing. Zhang Jianhua, Director General of the National Energy Administration (NEA), and Francisco La Carmela, Director General of IRENA, attended the meeting.

According to the data of Qinghai Energy Bureau, in the first three quarters, the energy sector in Qinghai Province, fixed asset investment totaled 42.68 billion yuan, an increase of 12.6%.

In September 2024, the composite index of non-fossil energy power generation was 147.8, an increase of 47.81 TP3T over the base period of 2020, and a year-on-year increase of 11.11 TP3T; among them, the composite index of new energy power generation was 221.1, an increase of 121.11 TP3T over the base period of 2020, and a year-on-year increase of 31.61 TP3T. Under the leadership of the "double carbon" goal, the composite index of non-fossil energy power generation has grown rapidly.

On October 21, the National Energy Administration (NEA) released released 2024 January-September national electric power industry statistics.

On October 19, the National Energy Administration released data on electricity consumption and other data for the whole society in September.

The International Renewable Energy Agency (IRENA) recently released the Renewable Energy Power Generation Costs 2023 report at the Global Renewable Energy Summit, suggesting that renewable energy remains highly competitive despite the return of fossil fuel prices to historic levels.

October 11, Qinghai Energy Bureau announced "on the proposal to support the green power supply work in Qinghai zero carbon industrial park" - Qinghai Energy Bureau on the second session of the 13th CPPCC provincial CPPCC meeting No. 2024182 proposal reply letter.