By the end of 2024, the total installed capacity of new energy in Guangdong, Guangxi, Yunnan, Guizhou, and Hainan surpassed 190 GW, reaching 192 GW. This milestone solidifies new energy’s position as the largest power source in the Southern Power Grid. The capacity includes 60.28 GW of wind power, 78.72 GW of centralized photovoltaic (PV) installations, and 43.13 GW of distributed PV systems.
Source: Southern Power Grid News
By the end of 2024, the total installed capacity of new energy in Guangdong, Guangxi, Yunnan, Guizhou, and Hainan surpassed 190 GW, reaching 192 GW. This milestone solidifies new energy’s position as the largest power source in the Southern Power Grid. The capacity includes 60.28 GW of wind power, 78.72 GW of centralized photovoltaic (PV) installations, and 43.13 GW of distributed PV systems. Together, these provinces added 59.32 GW of new energy capacity in 2024, a record high, accounting for 82% of all new installations in the region.
New energy now represents a substantial share of regional power capacity, exceeding 40% in Guangxi and Hainan, over 30% in Yunnan, and nearly 30% in Guangdong and Guizhou. According to Yang Zaimin, Deputy Director of the New Energy Division at the Southern Grid Energy Institute, the region’s installed capacity has doubled in just two years. Distributed PV systems have seen particularly rapid growth, now making up over one-third of total PV capacity, a trend expected to drive large-scale adoption in the coming years.
Amid this rapid expansion, the five provinces achieved a record utilization rate of 98.8% for new energy in 2024, maintaining their national leadership. Total new energy generation rose to 245.5 billion kWh, a 36% increase from the previous year, with wind and PV each generating over 100 billion kWh.
Advances in forecasting have also played a pivotal role. "The New Energy Power Forecast Value Ecosystem Cultivation Plan, implemented over the past three years, has significantly enhanced forecasting accuracy," said Wang Haohuai, Manager of the Hydropower and New Energy Department at the Southern Power Grid Dispatch and Control Center. Short-term forecasting accuracy has reached 91.2%, with ultra-short-term forecasts at 89.4%. These improvements have streamlined the cross-provincial integration of new energy, ensuring its efficient utilization.