BEIJING, Aug. 23 (Xinhua) -- China has caught up from behind to take the lead in global photovoltaic (PV) and wind power industry after years of rapid development, reported Economic Information Daily on Tuesday.
According to latest data from China's National Energy Administration (NEA), by the end of June, China's renewable energy installed capacity exceeded 1.3 billion kilowatts, historically exceeding coal power. Among them, the installed capacity of wind power was 389 million kilowatts and the installed capacity of PV power generation was 470 million kilowatts, ranking first in the world for 13 consecutive years and 8 consecutive years respectively.
The world's first 16-megawatt offshore wind turbine off the coast of east China's Fujian Province was successfully connected to the grid and began generating electricity on July 19, becoming a concentrated demonstration of China's wind power equipment manufacturing capacity.
Now, China's wind power industry and supply chain are complete, making it competitive on the international stage, said Du Zhongming, president of Electric Power Planning and Engineering Institute (EPPEI), a think tank under the state-owned China Energy Engineering Group.
The rapid development of the PV and wind power sector is the result of breakthroughs in key technologies.
Li Chuangjun, director of the new energy and renewable energy sources bureau of the NEA, believes that China's innovation in new energy technology has gone through three steps including the introduction of foreign technology, digestion and absorption, and re-innovation, which rapidly narrowed the gap through international cooperation and finally achieved the good result.
In addition to the rapid development of CHN Energy, a key state-owned energy enterprise, companies such as LONGi Green Energy Technology and JinkoSolar are also emerged in recent years with the industry continuing to increase investment in research and development.
Li Zhenguo, president of LONGi Green Energy Technology, believed that the technological innovation is the core driving force propelling the PV industry forward, especially the improvement of battery conversion efficiency has played a key role, becoming the "main track" for the transformation and upgrading of the PV industry.
The development of the PV and wind power industry is also inseparable from the continuous industry-supporting policies. In view of the difficulties and challenges in the development of the industry, in May 2022, the National Development and Reform Commission (NDRC) and NEA proposed 21 specific measures to ensure the rapid, steady, and successful implementation of new energy projects.
(Edited by Liu Jiachen and Gao Jingyan with Xinhua Silk Road, gaojingyan@xinhua.org)
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