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China Dominates Hydropower with 14.4 GW Surge

6/27/2025

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Summary

China's Hydropower Surge

In 2023, China surged ahead in hydropower, adding an impressive 14.4 GW, largely through pumped storage hydropower (PSH), which now represents over 90% of long-duration energy storage. The Fengning facility, China's largest PSH plant, plays a crucial role in harnessing renewable energy. In contrast, the U.S. struggles with just 21.2 GW of PSH capacity, hindered by regulatory hurdles.

Summary

China's Renewable Revolution

In May 2025, China shattered records by adding 93 gigawatts of solar and 26 gigawatts of wind power, enough to power all of Poland. With a staggering 1,000 gigawatts of solar capacity, China stands at the forefront of renewable energy. Yet, this rapid growth has sparked fierce competition, leaving many solar companies grappling with severe financial losses.

History

Historical Context

Since launching its Renewable Energy Law in 2000, China has rapidly expanded its renewable energy sector, becoming the world's largest solar panel producer by 2021 with over 250 gigawatts installed. By 2025, China added 93 gigawatts of solar capacity, reflecting its dominance in the global market and intensifying competition for solar companies worldwide.

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China's Hydropower Surge

In 2023, China surged ahead in hydropower, adding an impressive 14.4 GW, largely through pumped storage hydropower (PSH), which now represents over 90% of long-duration energy storage. The Fengning facility, China's largest PSH plant, plays a crucial role in harnessing renewable energy. In contrast, the U.S. struggles with just 21.2 GW of PSH capacity, hindered by regulatory hurdles.

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