The cumulative installed capacity of power generation in China rose to 2.97 billion kilowatts by the end of February, a year-on-year increase of 14.7 percent, with solar power reaching 650 million kilowatts, a year-on-year increase of 56.9 percent and wind power up 21.3 percent year-on-year to 450 million kilowatts, official data showed on Monday.
Meanwhile, total investment in power generation projects by major power generation enterprises nationwide was 76.1 billion yuan ($10.57 billion), an increase of 8.3 percent year-on-year. The investment in grid projects was 32.7 billion yuan, an increase of 2.3 percent year-on-year, it said.
China's electricity consumption, a key barometer of economic activity, logged robust expansion in the first two months of 2024, with power use climbing 11 percent year-on-year to 1.53 trillion kilowatt-hours during the first two months this year, said the administration.
Specifically, power consumed by primary and secondary industries went up 11.1 percent and 9.7 percent year-on-year, respectively. Power used by the tertiary sector soared 15.7 percent.
In the Jan-Feb period, China's residential power use registered a 10.5 percent increase from the same period last year, the data revealed.
Scenery of Xilingol Grassland in Inner Mongolia
BRI an 'opportunity for all', says FM
Resolving border issue 'in common interest' of China and India: Chinese FM
China advocates for equal and orderly multi
Borders no boundary to protecting cranes
National security bill comes into law on March 23
China's national legislature holds closing meeting of annual session
Scenic spots in ice cream competition to attract tourists
China's courts see over 100 percent increase in judicial transparency
Feature: Books on Xi's Thought Key to Understanding China
China releases full text of government work report