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China is on track to set a new record for solar power installations in 2024, driven by falling production costs and increased global interest in renewable energy, said industry experts and company executives.
Most of China's solar power is generated within its western provinces and is transferred to other regions of the country. In 2011, China owned the largest solar power plant in the world at the time, the Huanghe Hydropower Golmud Solar Park, which had a photovoltaic capacity of 200 MW.
Wang Hongzhi, head of the National Energy Administration, said during the recently held national energy work conference that China has continued accelerating the construction of large-scale wind and solar power bases in the Gobi Desert and other arid regions in 2024 amid efforts to boost renewable power.
Longi Green Energy Technology Co, the world's biggest PV panel maker, saw its Jiaxing production base included in the global lighthouse network by the World Economic Forum in 2023, the world's first lighthouse factory in the PV industry. In the past three years, Longi has broken the cell efficiency record 18 times in a row.