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In Q1, the combined power generation of wind and PV reached 536.4 billion kWh, accounting for 22.5% of the total electricity consumption in society, an increase of 4.3 percentage points YoY (driving the share of non-fossil energy power generation to reach 39.8%, up 4.8 percentage points YoY). Driven by the rapid growth of wind and PV power and the relatively low YoY growth rate of total electricity consumption in society in Q1 (2.5%), the combined power generation of wind and PV increased by 111 billion kWh YoY, significantly exceeding the increase in total electricity consumption in society (58.2 billion kWh).
It is reported that as of the end of June 2024, the cumulative installed capacity of solar and wind power reached 1.18 billion kW, surpassing the installed capacity of coal-fired power (1.17 billion kW). This also marked the first time that China's new energy power generation installed capacity exceeded that of coal-fired power.
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