China set up 48.2 GW of brand-new solar capability in 2020
- China has installed 48.2 GW of solar capability in 2020, standing for an increase of 60 percent contrasted to 2019 (30.11 GW), according to the most up to date data from the National Energy Administration (NEA). The solar installments in 2020 were the second-largest ever before, only behind the 52.8 GW installed in 2017.
The nation added 18.7 GW of solar capacity from January to September 2020, a 17 percent increase compared to 16 GW installed throughout the same duration in 2019. Throughout the fourth quarter alone China included 29.5 GW of new solar capability.
According to Asia Europe Clean Energy (Solar) Advisory Co. Ltd. (AECEA), month-to-month installation numbers reveal, that up to 23.3 GW were deployed in December: "Just one month virtually fifty percent of last year's entire setups were recognized," says CEO Frank Haugwitz.
By the end of 2020 China was home to in overall 252.5 GW of solar PV, hence exceeding the main 13th Five-Year-Plan (2016-2020) target of 105 GW by 140 percent.
Last year an in addition of 71.67 GW of wind power were installed, bringing it to a total amount of 281.72 GW. Wind and PV installations combined amounts to more than 530 GW, representing 24 percent of China's functional 2,200 GW power generation capabilities.
Provided last year's efficiency of the combined wind and also solar installations of 119.9 GW, AECEA anticipates that this "may have worked as a sign motivating NEA to introduce thinking about an aim of 120 GW of wind and also PV setups in 2021 in late December."