Wind, solar photovoltaic power gaining momentum

Renewables to help create low-carbon and clean, safe energy mix, say experts

Wind and solar photovoltaic power are likely to achieve grid price parity within 2020, while at the same time, their quick development will further diminish the share of hydropower in the total power output by renewables in China, according to industry experts.

Zheng Sheng'an, president of China Renewable Energy Engineering Institute, estimated the rapid growth of wind and solar power will continue throughout 2025, driven by the country's commitment to reducing carbon emissions even as conventional hydropower is slowing down due to restraining factors such as increased costs and environmental protection.