It is the nation that invests the most money in solar and wind power.
One piece of encouraging news for the environment is that China has accomplished its target of using clean energy six years earlier than was anticipated. The target of having at least 1,200 gigawatts of sustainable energy sources by the year 2030 was established by President Xi Jinping beginning in the year 2020. Bloomberg reports that China’s National Energy Administration has issued a fresh statement claiming that the country has reached 1,206 gigawatts of power generation. This achievement is attributed to the addition of 25 gigawatts of turbines and panels in the previous month.
This milestone is extremely important for China, which is the largest polluter in the world. According to The New York Times, China is expected to produce approximately 12.7 metric tons of emissions yearly by the year 2023 alone. That being said, the United States of America comes in second with 5.9 billion tons. Even while China is investing more money on clean energy than any other country, it still has a long way to go before it reaches its full potential. By the year 2024, solar and wind power have already contributed 14 percent of the nation’s total energy production.
The Chinese government is working on a variety of projects, some of which use renewable energy, in order to increase this number. China Three Gorges Renewables Group, which is owned by the state, made the announcement in June that it will invest 80 billion yuan, which is equivalent to 11 billion dollars, in a base that will create power through the use of solar, wind, and coal. Inner Mongolia will be the location of the plant’s construction, and it will get 135 gigawatts of the 435 gigawatts that China has committed to desert projects by the year 2030. It will be necessary for us to determine the extent of the negative impact that the coal component will have as the plan moves forward.