Daily News Wrap-Up: China Installs 46 GW Solar Capacity in Q1 2024
Tata Power partners with the Indian Bank to provide low-interest loans for rooftop solar
April 25, 2024
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China installed 45.74 GW of solar power capacity in the first quarter of 2024, a 35.8% year-over-year growth, according to the National Energy Administration. The country also installed 15.5 GW of wind, 6.39 GW of thermal, and 1.81 GW of hydroelectric capacity. The country’s cumulative solar installations stood at 660 GW at the end of the quarter. As of the end of March, the country’s total installed power generation capacity reached about 2.99 TW. Solar power made up 660 GW, wind 456.6 GW, hydroelectric 423.4 GW, thermal power stood at 1.39 TW, while nuclear power accounted for 57 GW.