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Xinjiang's new energy installed capacity hits 100 million kW

China

China

China

Xinjiang's new energy installed capacity hits 100 million kW

2024-12-31 18:22 Last Updated At:21:07

Following the connection of a new wind farm to the grid, the installed capacity of new energy in northwest China's Xinjiang exceeded 100 million kW on Monday, with the newly added capacity this year ranking first in the country, according to the State Grid Corporation of China.

As the second phase of the Shagehuang project on the Yushan Wind Farm in Hami was completed and connected to the grid, Xinjiang's new energy installed capacity now accounts for 55 percent of the autonomous region's total installed power capacity, topping any other energy sources to become the largest power source in the region.

Leveraging its abundant wind and solar resources and geographical advantages, Xinjiang has remarkably advanced its clean energy infrastructure. In 2024 alone, the region's newly installed capacity ranks first in China, claiming its significant achievements in clean energy development.

"By far, Xinjiang has built three 10-million-kW class new energy bases in Urumqi, Changji and Hami cities, and a dozen million-kW class ones. As of December 30, Xinjiang's newly installed new energy capacity this year had reached 35.57 million kW, ranking first in the country," said Zhu Qing, head of the Dispatching and Control Division at the State Grid Xinjiang Power Dispatching Center.

Xinjiang has accelerated power grid construction this year, with 13 power transmission and transformation projects of 750 kV completed and put into operation. The construction of the third ultra-high voltage power transmission passage to deliver electricity from Xinjiang to other parts of China has also been hastened. By the end of November 2024, Xinjiang had cumulatively transmitted more than 850 billion kWh of electricity out of the region, of which new energy accounted for 30 percent. The electricity was transmitted to 22 provinces across the country, with the consumption reaching 107.95 billion kWh, a record high.

With a fast-paced green and low-carbon transformation, Xinjiang is becoming China's largest new energy delivery base.

Xinjiang's new energy installed capacity hits 100 million kW

Xinjiang's new energy installed capacity hits 100 million kW

Xinjiang's new energy installed capacity hits 100 million kW

Xinjiang's new energy installed capacity hits 100 million kW

Chinese stocks closed higher on Monday, with the benchmark Shanghai Composite Index up 1.16 percent to 4,073.90 points.

The Shenzhen Component Index closed 0.19 percent higher at 15,812.87 points.

The combined turnover of stocks covered by these two indices reached 3.51 trillion yuan (about 515 billion U.S. dollars), down from 3.55 trillion yuan in the previous trading day.

Weight-loss drug, bioproduct and recombinant protein stocks led the gains, while non-metallic materials, electronic components and consumer electronics stocks posted the biggest losses.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 0.54 percent to close at 4,216.70 points.

The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 3.12 percent higher at 2,416.67 points on Monday.

Chinese shares close higher Monday

Chinese shares close higher Monday

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