China's installed electricity generation capacity reached 2.81 TW by the end of October, a 12.6% rise from a year earlier, official data showed.

This came after 2.79 TW by the end of September, suggesting 20 GW of capacity was added in October.

Wind installed capacity was 400 GW, up 15.6% year on year, and solar capacity rose 47% to 540 GW, showed data from the National Energy Administration on November 20.

During January-October, utilization of all power generation units averaged 2,996 hours, down 88 hours from a year earlier.

By source, the utilization of hydro units declined 298 hours to 2,704 hours. The operation of solar units declined 52 hours to 1,120 hours, while wind operations dipped an hour to 1,816 hours. Operations of nuclear and thermal units increased 131 hours and 57 hours to 6,357 hours and 3,677 hours, respectively.

China invested a total of 662.1 billion yuan ($88.28 billion) in major power projects over January-October, a 43.7% increase year on year. Investment on solar farms soared 71.2% to 269.4 billion yuan, and on wind and nuclear power respectively rose 42.5% and 41.5% to 171.7 billion and 67 billion yuan. The investment on grid projects rose 6.3% to 373.1 billion yuan.

(Writing by Rebecca Liu  Editing by Emma Yang)
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