Caixin
Apr 15, 2022 01:14 PM
ECONOMY

China Plans to Build Out Wind and Solar Power at a Record Pace This Year

Wind turbines and solar panels in Liaoning province. Photo: Bloomberg
Wind turbines and solar panels in Liaoning province. Photo: Bloomberg

(Bloomberg) — China is set install a record amount of wind and solar power capacity this year as the country strives to meet climate goals while reducing its reliance on the rest of the world for energy.

China will add 140 gigawatts of capacity from the clean energy sources, said Tao Ye, a researcher with the National Development and Reform Commission, the country’s top economic planning agency. That’s more than the rest of the world combined in 2020, according to BloombergNEF data.

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