The Chinese state-owned company Jinneng Holding Group has started construction on a large-scale renewable energy project in the Shanxi Province of northern China. The CNY55bn (US$7.7bn) project will feature 6 GW of wind and solar capacity, as well as 3.4 GWh of energy storage. It is planned to be connected to the Chinese grid by the end of 2025 and will power the municipalities of Beijing and Tianjin, as well as the Hebei Province. The renewable complex, which is being built on an old coal mining site, will be connected to those regions by the Datong-Tianjin ultra-high voltage power line.
China's renewable energy capacity (1,392 GW, including 413 GW of wind power, 558 GW of solar power, and 421 GW of hydropower) surpassed its thermal power capacity (1,379 GW) for the first time at the end of November 2023. In 2022, China’s installed capacity for renewables surpassed 1,100 GW (with 413 GW for hydro, 365 GW for wind and 393 GW for solar). The country plans to reach 1,200 MW of wind and solar capacity by 2030.
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