GEC Issuance and Trading Update (January 2025)

Update on GEC Issuance and Trading

China’s National Energy Administration (NEA) released data on Green Electricity Certificate (GEC) issuance and trading for January 2025.

GEC Issuance Figures

Monthly (Jan 2025):
• A total of 231 million GECs issued in the month, a year-on-year increase of 2.25 times.
• A total of 150 million GECs, or around 65%, were tradable
• GECs were issued for some 65,000 renewable energy generation projects
• 39.43 million solar GECs
• 94.74 million wind GECs

Cumulative:
• 5.186 billion GECs issued, of which 3.529 billion are tradable
• 961.85 million solar GECs issued
• 2.154 billion wind GECs issued

Breakdown (000’s)

Renewable Energy TypeJan 2025Cumulative
Wind94,7402,154,130
Solar39,430961,850
Hydro81,8201,659,400
Biomass14,220401,620
Others1,0009,090
Total231,2005,186,080

GEC Trading Figures

Monthly (Jan 2025):

  • A total of 53.1 million GECs traded
  • 19.88 million solar GECs traded
  • 29.84 million wind GECs traded

Cumulative:

  • A total of 606 million GECs traded
  • 275.74 million solar GECs traded
  • 321.31 million wind GECs traded

Breakdown (000’s):

Renewable Energy TypeJan 2025Cumulative
Wind29,840321,310
Solar19,880275,740
Biomass2,1905,780
Others1,1803,240
Total53,100606,060

Learn more about GECs

With demand for renewable energy and GECs increasing, it is essential for companies to build a renewable energy portfolio which includes GECs.

Contact REDEX at enquiry@redex.eco to learn more.

Find out more about GECs and how we can support your renewable energy journey.