According to GlobalData, the value of China construction market is forecast to grow by 4.4% in real terms in 2024, having grown by 4.4% in 2023. A key growth market will be the infrastructure market, with output rising by 18.0% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are the top five solar energy construction projects that commenced in China in Q4 2024, according to GlobalData’s construction projects database.
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1. Xinjiang Yili Photovoltaic Plant 700 MW
The project involves the construction of a 700MW photovoltaic power plant in Chabuchaer County, Yili, Xinjiang, China
Construction work started in Q4 2024 and is expected to be completed in Q4 2026.
2. Wusu Tacheng Photovoltaic power Plant 1000 MW
The project involves the construction of a 1,000MW PV power plant and 150MW/300MWh energy storage on 2,333.3ha of land in Wusu, Tacheng, Xinjiang.
Construction work commenced in Q4 2024 and is expected to finish in Q4 2027.
3. Shuangbai Dazhuang Photovoltaic Power Plant 180 MW
The project involves the construction of a 180MW solar PV plant in Shuangbai County, Chuxiong Yi Autonomous Prefecture, Yunnan.
Construction work started in Q4 2024 and is forecast to complete in Q4 2026.
The project aims to enhance power generation capacity and to meet the growing demand in the region.
4. Jixian Shuangyashan Wind Farm 150 MW
The project involves the construction of a 150MW fish-light complementary photovoltaic power plant in Jixian County, Shuangyashan, Heilongjiang.
Construction work commenced in Q4 2024 and is expected to be completed in Q4 2025.
5. Lanzhou Centralized PV Power Plant 300 MW
The project involves the construction of a 300MW solar PV power plant on 1,061.8ha of land in Majiazhuang area of Shangchuan Town, Lanzhou, Lanzhou.
Construction work started in Q4 2024 and is expected to be completed in Q2 2027.
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GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
