Hasty Briefsbeta

China to See Solar Capacity Outstrip Coal Capacity This Year

15 hours ago
  • #renewable energy
  • #coal power
  • #China energy policy
  • China's solar capacity is set to surpass coal capacity for the first time this year.
  • By 2026, wind and solar will make up nearly half of China's power capacity, with clean energy (including hydro and nuclear) reaching two-thirds.
  • Despite renewable capacity growth, coal still produces about half of China's electricity due to higher operational efficiency.
  • Renewables are now displacing coal, not just supplementing it, as coal plants operate at a loss due to competition from cheap solar and wind.
  • Coal plants are transitioning to 'peaker' roles, addressing demand spikes or renewable supply gaps.
  • A surge in new coal plant proposals emerged last year, driven by fears of future restrictions on coal use.
  • China faces a critical decision: curb coal plant construction and retire older plants or slow clean energy expansion.