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December 1, 2016

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Wind power spending to top US$102b

CHINA will spend 700 billion yuan (US$102 billion) on wind power from 2016 to 2020.

Wind power’s share of the overall electricity mix should be increased to 6 percent by 2020, up from 3.3 percent in 2015, according to a National Energy Administration plan.

Wind power will create around 300,000 jobs, bringing the total number of employees to 800,000.

Wind farms are expected to produce 420 billion kilowatt-hours of electricity annually by 2020, up from 186 billion kWh in 2015.

By the end of 2020, total installed capacity of wind power facilities connected to the power grid will reach 210 million kilowatts, up from 129 million kilowatts at the end of 2015.


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