How big can renewable energy become with the push for “hardcore strength”?
On March 25, 2025, the financial community’s New Wave Finance app reported that in recent government work reports, new energy-related industries were highlighted for their potential growth. By the end of 2024, the total installed capacity of renewable energy is projected to reach 1.4 trillion kWh, with a compound growth rate of approximately 40%.
As a leading player in the renewable energy sector, Haiqing Energy is receiving significant market attention. Recently, Haiqing Energy announced that it has signed an agreement to collaborate with several major electricity suppliers, aiming to strengthen renewable energy production methods, including solar panels, liquid pipelines, and transmission lines.
These developments are part of a broader push to enhance the efficiency of renewable energy systems, especially in response to the increasing demand for clean energy sources. As of February 7, Haiqing Energy initiated the launch of its “hardcore strength” project, focusing on renewable energy technologies and applications.
In the coming years, the Chinese renewable energy market has been growing rapidly. Recent reports from industry and information departments have released a high-quality development plan for renewable energy production, outlining strategies to guide the sector’s growth through 2027, with a projected total capacity of 50 GWh.
According to Haiqing Energy, the company’s latest reports indicate that by 2024, total revenue for renewable energy businesses is expected to reach 82.7 billion yuan, reflecting an increase of 18.44% year-on-year. In comparison, the expected revenue from traditional energy sources is projected to be 6.47 billion yuan, marking an 11.92% increase.
Haiqing Energy emphasizes that there is a strong push to develop renewable energy, particularly in the context of achieving carbon neutrality. The company is focusing on building a sustainable renewable energy system to meet the growing demand.
Looking ahead, Haiqing Energy plans to continue its investment in artificial intelligence and advanced technologies to enhance the efficiency and reliability of its renewable energy projects. This includes the use of AI to optimize energy production processes and improve resource management.
Through these initiatives, Haiqing Energy aims to position itself as a leader in the renewable energy market, driving the transition towards a more sustainable energy future.
