China aims to add 160 GW of wind, solar capacity in 2023

Share

The NEA said that if China reaches its 2023 installation target of 160 GW of wind and solar, it would represent year-on-year growth of 33%. It added that it expects the country's cumulative solar capacity to reach 490 GW by the end of 2023, including 430 GW of wind power.

According to the latest NEA statistics, around 65.7 GW of solar and 22.5 GW of wind were deployed in China in the first 11 months of 2022. China’s installation target for 2022 was 120 GW of wind and solar capacity, combined.

The NEA said that large state-owned energy enterprises will help the nation reach the target for 2023. It noted that such companies are currently working on the development of approximately 97.1 GW of renewable energy capacity.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Global lithium-ion battery pack prices fall to $108/kWh, says BNEF
09 December 2025 Battery pack prices for stationary storage fell to $70/kWh in 2025, a 45% drop from 2024, making it the cheapest lithium-ion category for the first ti...