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The country is the world's largest investor in renewable energy, with the country's companies accounting for four of the world's five biggest renewable energy deals made in 2016. [14] In 2017, investments in renewable energy amounted to US$279.8 billion worldwide, with China accounting for US$126.6 billion or 45% of the global investments. [15]
China is the world's leading renewable energy producer, with an installed capacity of 152 GW. [50] China has been investing heavily in the renewable energy field in recent years. In 2007, the total renewable energy investment was US$12 billion, second only to Germany. [51]
China produced 31% of global renewable electricity, followed by the United States (11%), Brazil (6.4%), Canada (5.4%) and India (3.9%). [1] Renewable investment reached almost $500 billion globally in 2022, [2] amounting to 83% of new electric capacity that year. [3] The renewable energy industry employs almost 14 million people. [4]
According to the China Renewable Energy Engineering Institute, one of the top think tanks in China when it comes to renewable energy, the country will grow its renewable energy infrastructure of ...
Most of the electricity in China comes from coal power, which accounted for 62% of electricity generation in 2021 [2] and is a big part of greenhouse gas emissions by China. Power generated from renewable energy has also been continuously increasing in the country, with national electricity generation from renewable energy reaching 594.7 TWh in ...
China is the country with the largest consumption of electricity as of 2011. China's Twelfth Five-Year Plan (covering the period 2011 to 2015) provided for the development of an ultra-high-voltage (UHV) transmission corridor to increase the integration of renewable energy from the point of generation to its point of consumption. [4]: 39–41
Hydroelectricity is currently China's largest renewable energy source and the second overall after coal. [1] According to the International Hydropower Association, China is the worlds largest producer of hydroelectricity as of 2021. [2]
China is the world's largest consumer of electricity, and its demand is expected to double by the next decade [when?], and triple by 2035.In 2010, 70 percent of the country's electricity generation came from coal-fired power plants, but the Chinese government is investing heavily in renewable energy technologies.