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China's 5-Year Plan Aims 50% Clean Power, 20 Trillion Investment

6/27/2026

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Summary

Story summary

China unveiled a five-year plan to raise non-fossil electricity to 50% of its power mix by 2030.
The plan targets 300 GW of non-pumped hydro storage, wind and solar to exceed 50% of capacity, hydrogen to reach 2 million tonnes annually by 2030, and spending to surpass 20 trillion yuan (US$2.9 trillion).
Coal baseload will remain supplied by five major bases in Shanxi and western Inner Mongolia, delivering over 100 million tonnes annually by 2030.

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Story summary

China unveiled a five-year plan to raise non-fossil electricity to 50% of its power mix by 2030.
The plan targets 300 GW of non-pumped hydro storage, wind and solar to exceed 50% of capacity, hydrogen to reach 2 million tonnes annually by 2030, and spending to surpass 20 trillion yuan (US$2.9 trillion).
Coal baseload will remain supplied by five major bases in Shanxi and western Inner Mongolia, delivering over 100 million tonnes annually by 2030.