Recently learned from the National Energy Administration: 2023, China's energy investment to maintain rapid growth, according to the monitoring, the country under construction and the year to start key energy projects completed investment amount of about 2.8 trillion yuan. Classification, conventional projects and new business projects completed investment increased by 16% and 152.8% year-on-year, respectively. By region, the investment amount completed in the eastern, central and western regions increased by 28.5%, 13.6% and 22.5% respectively year-on-year.
New energy investment is growing rapidly. 2023, new energy investment completed year-on-year growth of more than 34%. Solar power completed investment of more than 670 billion yuan, Hebei, Yunnan, Xinjiang, three provinces and regions of centralized photovoltaic completed investment year-on-year growth rate of more than 100%. Wind power investment amounted to more than 380 billion yuan, Liaoning, Gansu, Xinjiang, 3 provinces and regions of onshore wind power investment to accelerate the release of Shandong, Guangdong, 2 provinces of new large-scale offshore wind power project investment focused on the release. China has become an indispensable force in the development of clean energy in the world. 2023, the global renewable energy installed capacity of 510 million kilowatts, of which China contributes more than 50%.
The investment in supportive and regulatory power supply is growing fast. 2023, the investment in supportive and regulatory power supply will increase by more than 12% year-on-year. The nuclear power project under construction is fully promoted, and the newly approved project accelerates the formation of physical workload during the year. Investment in large hydropower projects will continue to recover and improve.
