China’s Strong Renewable Energy Growth Continues
In good news for planet Earth, and news that should conversely kick us Western nations up the proverbial, China has again stretched its renewable energy installed capacity, increasing its wind energy capacity up to 56,000 megawatts at the end of October 2012, and increasing its hydro power capacity to 206,000 megawatts.
China’s renewable energy capacity installation growth has been impressive, and even more so when you consider that its growth has been higher than the global average.
The global average growth of wind energy capacity over the past decade was only 25% while China’s wind energy capacity rose at an annual average growth of 60%.
When it comes to solar, the average global growth was 44%, while China managed 50% over the same time period.
It’s good news to see China reaching and beating goals it has set for itself, especially in light of its recently introduced 12th Five-Year Plan, in which China has set a target of increasing its total renewable energy consumption to 478 million tonnes of coal equivalent. This would represent approximately 9.5% of the overall energy consumption in the country by 2015.
More Articles on China’s Renewables and its Five-Year Plan:
- China, Inc. Locked In on World Solar, Wind Manufacturing Domination
- China’s Largest Solar Power Farm Approved
- China Continues to Dominate Global Renewable Energy Market
- Chinese President Looks To Cut Energy Consumption
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