Industry Dynamics

For the first time, Shandong has realized that all new annual electricity consumption is supplied by green power!

Shandong Energy Bureau released data today: in 2024, the province's total social electricity consumption of 832 billion kilowatt-hours, an increase of 35.4 billion kilowatt-hours compared to 2023, an increase of 4.4%; the new green power supply of 42.3 billion kilowatt-hours, an increase of 39%, the first time in Shandong to realize the annual new electricity supply all by the green power supply.

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ONS: Energy production in January-February 2025

On March 17, the National Bureau of Statistics released 2025 January-February energy production. Among them, in January-February, the growth rate of industrial wind power accelerated, the growth rate of hydropower, nuclear power, solar power generation slowed down, and the decline of thermal power expanded. Among them, the industrial thermal power year-on-year decline of 5.8%, the rate of decline than the previous year in December expanded by 3.2 percentage points; industrial hydropower growth of 4.5%, the growth rate slowed down by 1.0 percentage points; industrial nuclear power growth of 7.7%, the growth rate slowed down by 3.7 percentage points; industrial wind power growth of 10.4%, the growth rate accelerated by 3.8 percentage points; Regulated industrial solar power generation growth of 27.4%, the growth rate slowed down by 1.1 percentage points.

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NEA circles priorities for 2025

On February 28, the National Energy Board held a national renewable energy power development and construction monthly (February) scheduling video conference. National Energy Board party group members, deputy director of Wan Jinsong attended the meeting and delivered a speech.

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MIIT: National Photovoltaic Manufacturing Industry Operation in 2024

In 2024, the output of the main links of China's PV industry chain continued to grow. According to the photovoltaic industry standardized announcement of enterprise information and industry associations, the national photovoltaic polysilicon, silicon wafers, batteries, modules production year-on-year growth of more than 10%, the industry's output value to maintain the scale of trillions of dollars, photovoltaic batteries, modules exports increased by more than 40%, 12%, respectively.

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NEA Releases National Renewable Energy Green Power Certificate Issuance and Transaction Data for January 2025

In January 2025, the National Energy Administration issued 231 million green certificates, a year-on-year increase of 2.25 times, including 150 million tradable green certificates, accounting for 64.94%, involving 65,000 renewable energy power generation projects. In this period, 153 million green certificates corresponding to renewable energy power in December 2024 were issued, accounting for 66.23%. As of January 2025, a total of 5.186 billion green certificates have been issued nationwide, of which 3.529 billion are tradable green certificates.

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Strengthening the wind-solar energy center! China Meteorological Administration Deploys to Promote Energy Weather Services

On February 18, China Meteorological Administration (CMA) held an energy weather service work scheduling meeting to implement General Secretary Xi Jinping's important exposition on national energy security and important instructions on meteorological work, analyze the new situation and new requirements faced by energy weather service work, and systematically summarize the Action Plan for Energy Weather Service (2024-2027).

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Zhejiang wind power becomes the first major power source

As of the end of January 2025, the total installed power supply in Zhejiang Province exceeded the 150 million kilowatts mark, reaching 152 million kilowatts. Among them, the installed capacity of new energy amounted to 59.08 million kilowatts, accounting for nearly 40%. Wind power photovoltaic power generation combined installed capacity reached 55.96 million kilowatts, becoming the main force of power supply installed capacity growth, and surpassed coal power to become the first major power supply in Zhejiang.

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