MNI BRIEF: China Power Capacity Up 15.9% Y/Y

China’s total installed power generation capacity reached 3.5 billion kilowatts at the end of April, up 15.9% y/y, data released by the National Energy Administration showed on Thursday.

Installed solar power capacity hit 990 million kilowatts, up 47.7% y/y, while wind power achieved 540 million kilowatts, an increase of 18.2% y/y, the data showed.

On Tuesday, the administration announced national electricity consumption totalled 772.1 billion kilowatt hours in April, up 4.7% y/y, while January to April demand rose 3.1% y/y.

China’s east-central Anhui province, the nation’s largest automobile manufacturing hub, could surpass its official 5.5% GDP growth target this year, driven by rising output of electric vehicles and batteries. (See MNI: EVs To Drive Strong GDP Growth In China)