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RE: LeoThread 2025-03-23 21:06

in LeoFinance7 months ago

China’s offshore wind dominance
China now operates nearly half of the world’s offshore wind turbines, and according to Offshore WIND, China has a total of 41 gigawatts connected to its grid. Its broader renewable energy portfolio is also expanding rapidly. I

In 2024 alone, China invested 13.6 trillion yuan (about 1.9 trillion US dollars) in renewables, pushing total installed capacity beyond 1,410 gigawatts, surpassing coal-fired power generation.

In photovoltaic technology, China controls 95% of the global production capacity of polycrystalline silicon and silicon wafers. These advantages extend to wind turbine manufacturing, where local companies produce higher-capacity turbines than many Western counterparts.