4 FAQs about Photovoltaic power generation and wind power fund

What is the wind and PV power generation potential of China?

The wind and PV power generation potential of China is about 95.84 PWh, which is approximately 13 times the electricity demand of China in 2020. The rich areas of wind power generation are mainly distributed in the western, northern, and coastal provinces of China.

Where is PV power generation mainly distributed in China?

While the rich areas of PV power generation are mainly distributed in western and northern China. Besides, the degree of tapping wind and PV potential in China is not high, and the installed capacity of most provinces in China accounted for no more than 1% of the capacity potential, especially in the wind and PV potential-rich areas.

What is the growth rate of wind and photovoltaic power in China?

During the 12th Five Year Plan for Economic and Social Development of the People's Republic of China (12th Five-Year Plan) period, the combined annual power generation of wind and photovoltaic (PV) power in China accounted for less than 4%, annual growth of about 0.6% (Fig. 1). Fig. 1.

Are solar photovoltaics and wind power growing?

Solar photovoltaics (PV) and wind power have been growing at an accelerated pace, more than doubling in installed capacity and nearly doubling their share of global electricity generation from 2018 to 2023.

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