Data show that as of the end of October, China's cumulative installed power generation capacity of about 2.81 billion kilowatts, an increase of 12.6%. Among them, the installed solar power capacity of about 540 million kilowatts, an increase of 47.0%; The installed capacity of wind power was about 400 million kW, up 15.6 percent year on year.
In terms of new installed capacity, the new installed capacity of photovoltaic reached 142.56GW, compared with the new scale of 128.9GW in the first three quarters, the new scale in October was 13.6GW.
From the perspective of growth, China's new photovoltaic installed capacity in January to October has exceeded the new installed capacity of the whole year of last year. In 2022, China's new installed PV capacity was 87.41GW, a record high.
According to the current development situation, if the average level of November and December is maintained before October, China's new photovoltaic installed capacity will reach a new historical peak this year, which is expected to reach about 170GW.
Data show that from January to October, China's major power generation enterprises completed investment of 662.1 billion yuan in power projects, an increase of 43.7%. Among them, solar power generation was 269.4 billion yuan, up 71.2% year on year; Wind power was 171.7 billion yuan, up 42.5% year on year; Nuclear power was 67 billion yuan, up 41.5% year-on-year. The investment in power grid projects was 373.1 billion yuan, up 6.3% year on year.
