China's new energy development has taken solid steps. From January to September 2026, the newly installed capacity of wind and solar power will be about 170 million kilowatts. As of the end of September 2026, the cumulative installed capacity of wind and solar power will reach 2.01 billion kilowatts, of which the installed capacity of solar power will be 1.31 billion kilowatts, a year-on-year increase of 16.5%; The installed capacity of wind power was 700 million kilowatts, a year-on-year increase of 20.4%.

The rapid development of new energy has played an irreplaceable role in the energy sector: firstly, it has become a major force in promoting energy transformation. From January to September 2026, the wind and solar power generation reached 1933.3 billion kilowatt hours, an increase of 193.7 billion kilowatt hours compared to the same period last year. The increase in wind and solar power generation accounted for 64% of the total new electricity consumption in society, and the carbon reduction benefits of large-scale replacement of traditional fossil fuels by new energy continue to be released. The second is to become a key support for ensuring energy security.

The leapfrog development of new energy has effectively improved the level of essential energy security, helping China to cope with the global energy crisis calmly. On the day of peak summer load in 2026, the maximum output of wind and solar power during noon accounted for more than 40% of the total load at that time, ensuring the basic reliability of power supply during the midday peak. The third is to become an important engine for driving energy investment.

From large bases to distributed systems, from land to sea, the new energy industry chain is long, driven by a wide range, and has high technological intensity. It has always been a key driving force for investment in the energy sector. From January to September 2026, the investment in wind and solar power in China will account for about one-third of the investment in the energy sector. Next, the National Energy Administration will anchor a new round of national independent contribution targets, focus on addressing prominent issues at this stage, create a favorable development environment, and continue to promote high-quality development of new energy.Editor/Gong Ziwei