China continued to play a dominant role in global hydropower development in 2024, accounting for the vast majority of Asia’s newly added capacity as it invests heavily in energy storage solutions, according to a new report.
The country was responsible for 14.4 gigawatts of the 24.6GW of new hydropower capacity that came online globally last year, as it bets big on the energy source as an effective way to maintain a stable grid amid the green transition.
