China's installed solar and wind capacity both saw significant growth in January-February period, NEA data shows

According to data from the National Energy Administration, as of the end of February, the installed power generation capacity across the country reached 3.4 billion kW, up 14.5% YoY. Among these, the installed solar power generation capacity was 930 million kW, up 42.9% YoY; the installed wind power capacity was 530 million kW, up 17.6% YoY.
From January to February, the cumulative average utilization hours of power generation equipment nationwide were 505 hours, a decrease of 61 hours compared to the same period last year; the investment in power supply projects by major power generation companies was 75.3 billion yuan, up 0.2% YoY; the investment in power grid projects was 43.6 billion yuan, up 33.5% YoY.

Note: This news is sourced from cls and translated by SMM.