World’s Largest Coal Miner Achieves Remarkable 35.5% Renewable Energy Share in Total Power Capacity
Record-Breaking Renewable Energy Contribution
China Energy Investment Corp, the globe’s largest coal miner, achieved a historic milestone by installing 110 million kilowatts of renewable energy in 2023, constituting an impressive 35.5% of the company’s total power generation capacity of 320 million kilowatts. This accomplishment underscores China Energy’s commitment to transitioning to green energy while maintaining domestic energy security.
Dominance in Global Renewable Energy Landscape
China Energy’s global leadership in renewable energy was further solidified as the company successfully put into operation renewable energy projects with an installed capacity of 26.16 million kilowatts. Wind power installations reached an unparalleled 60 million kilowatts, securing the company’s position as a global leader, while photovoltaic installations surpassed 35 million kilowatts.
Strategic Shift: Traditional Giants Embrace Clean Energy
The renewable energy surge reflects a broader trend among traditional energy giants. Companies like China Energy are strategically pivoting towards cleaner and sustainable energy sources, evident in increased investments in renewable projects, including wind, solar, and hydropower. This strategic shift is driven by evolving consumer preferences, advanced technology, and global commitments to carbon reduction. As these companies successfully navigate the transition, they position themselves not only for sustainability but also for long-term competitiveness in the evolving energy landscape.
Source：chinadaily.com.cn
