Photo taken on April 13, 2022 shows a wind farm in Binhai New Area, north China's Tianjin. (Xinhua/Sun Fanyue) BEIJING China has seen rapid development of renewable energy in 2021, laying a solid foundation for the country's pursuit of its carbon peaking and carbon neutrality goals, according to a report. Last year, the country's renewable energy utilization amounted to the equivalent of saving 750 million tonnes of standard coal, helping reduce carbon dioxide emissions by about 1.95 billion tonnes, the report released by the China Renewable Energy Engineering Institute showed. China's installed capacity of renewable energy reached one billion kilowatts in 2021, accounting for 44.8 percent of the country's total installed power capacity, the report said. In terms of power generation, the country's renewable energy generated 2.48 trillion kilowatt-hours (kWh) of electricity in 2021, accounting for 29.7 percent of the total power generation, it said. By the end