Core Insights - The National Energy Administration released statistics on the national power industry for the first ten months of the year, indicating significant growth in installed capacity for renewable energy sources [1] Group 1: Installed Capacity - As of the end of October, the total installed power generation capacity reached 3.75 billion kilowatts, representing a year-on-year increase of 17.3% [1] - Solar power generation capacity reached 1.14 billion kilowatts, with a remarkable year-on-year growth of 43.8% [1] - Wind power generation capacity stood at 590 million kilowatts, showing a year-on-year increase of 21.4% [1] Group 2: Utilization Hours - The average utilization hours of power generation equipment for the first ten months totaled 2,619 hours, which is a decrease of 260 hours compared to the same period last year [1]

Core Insights - The National Energy Administration reported significant growth in China's power generation capacity for the first nine months of 2023, with a total installed capacity of 3.72 billion kilowatts, representing a year-on-year increase of 17.5% [1][2] Installed Capacity - Total installed power generation capacity reached 371.689 million kilowatts, with solar power capacity at 112.651 million kilowatts (up 45.7%) and wind power capacity at 58.159 million kilowatts (up 21.3%) [2] - Hydropower capacity was 44.283 million kilowatts (up 2.9%), while thermal power capacity stood at 150.343 million kilowatts (up 5.7%) and nuclear power at 6.248 million kilowatts (up 7.6%) [2] Utilization and Efficiency - The average utilization hours for power generation equipment decreased to 2,368 hours, down 251 hours compared to the same period last year [1][2] - The national coal consumption rate for power generation was 305.4 grams per kilowatt-hour, showing a slight decrease of 0.6% [2] Investment in Power Infrastructure - Total investment in power generation projects reached 59.87 billion yuan, reflecting a growth of 0.6% [2] - Investment in grid projects amounted to 43.78 billion yuan, marking a 9.9% increase [2] New Capacity Additions - New installed capacity for the first nine months was 36.673 million kilowatts, with solar power contributing 24.027 million kilowatts (up 7,939%) and wind power adding 2.009 million kilowatts (up 2,197%) [2] - Hydropower saw a decrease in new capacity additions, with only 716 thousand kilowatts added, down 81% [2]