China's National Energy Administration targets 160GW of new solar and wind capacity in 2023

The Chinese government has announced some good news for the photovoltaic and wind industries, aiming to add 160GW of new solar and wind capacity by 2023.

The official website of the National Energy Administration released the "Guiding Opinions on Energy Work in 2023", clearly stating that the goal by 2023 is to "increase the proportion of non-fossil energy in energy consumption to 18.3% and increase the proportion of non-fossil energy". The installed capacity of fossil power generation reached 51.9%. Wind power and photovoltaic power generation will account for 15.3% of total electricity consumption. "

This means that by 2023, the proportion of non-fossil energy in China's power generation will exceed 50% for the first time. According to data released by the China Electricity Council on January 19, non-fossil energy will account for 49.6% of China's total installed power capacity in 2022.

In addition, the "Opinions" also proposed, "Actively develop wind and solar power generation projects, promote the first batch of large-scale wind power and photovoltaic power plants in desert areas to be connected to the grid, and start construction of the second and third batches of projects." ”

And put forward "steady construction of offshore wind farms and planning of offshore photovoltaic project construction, vigorously promote the construction of distributed onshore wind power projects and distributed photovoltaic projects" and "increase the annual installed capacity of wind power and photovoltaic power generation to 160 GW."