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China New Energy Development Trend

January 31, 2023

Latest company news about China New Energy Development Trend

(1) Vigorously develop solar energy

 

The utilization of solar energy mainly refers to solar photovoltaic power generation and solar cells. In terms of photovoltaic power generation, China is still in the initial stage, and its development level is far behind that of economically developed countries. However, with the gradual expansion of China's domestic photovoltaic industry and the gradual improvement of technology, the cost of photovoltaic power generation will gradually decline, and the domestic photovoltaic capacity in China will increase significantly in the future.

 

According to the objectives set out in the 12th Five-Year Plan for Renewable Energy Development, the installed capacity of China's solar rooftop power stations will reach ten times the current scale in the next five years. In terms of solar cells, in recent years, China's solar cell manufacturing industry has achieved considerable development through introduction, digestion, absorption and re-innovation. China has made great progress in the production and manufacturing of solar cells, and will also become a large market for the use of solar energy.

 

(2) Vigorously develop wind energy

 

China's wind energy reserves are large, widely distributed, and has great potential for development and utilization. During the "11th Five-Year Plan" period, China's grid-connected wind power has developed rapidly. In 2011, China's accumulated wind power installed capacity reached a new high, and large-scale development of offshore wind power also officially started. During the "Twelfth Five-Year Plan" period, China's wind power industry will continue to increase its installed capacity by more than 10000 megawatts per year, and wind farm construction, grid-connected power generation, wind power equipment manufacturing and other fields will become investment hotspots, with a promising market prospect.

 

(3) Vigorously develop hydropower

 

At present, China is not only the largest hydropower installation country in the world, but also the largest and fastest developing country in the world, and has gradually become the center of hydropower innovation in the world. As China's economy enters a new period of development, accelerating the development of hydropower resources in the west and realizing the transmission of electricity from the west to the east will undoubtedly play an extremely important role in solving the problem of energy shortage in the development of national economy, improving the ecological environment, and promoting the coordinated and sustainable development of regional economy.

 

(4) Vigorously develop new energy vehicles

 

According to the data of the passenger transport association, in the first half of 2021, the cumulative retail volume of new energy vehicles in China was 1.01 million, with a year-on-year increase of 218.9%; The cumulative number of new energy vehicles registered in the eight European countries was 837900, with a continuous increase in the same period and the same period; The cumulative sales of new energy vehicles in the United States was 273000, with the penetration rate increasing by 1 percentage point compared with 2020.

 

The development of new energy vehicles presents new features: market-driven becomes the driving force for development, the market size of family entities is rapidly expanding, the industrial ecology and pattern are entering an accelerated reconstruction period, and the integration of new energy vehicles and emerging technologies is accelerating.

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