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China starts round 2 of massive desert renewable energy build – EQ Mag Pro

China starts round 2 of massive desert renewable energy build – EQ Mag Pro

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BEIJING : China is starting the second round of projects in its massive desert renewable build-out just months after Chinese President Xi Jinping unveiled the scheme.

The National Energy Administration (NEA) has asked provinces to submit a list of the second batch of projects by Dec 15, according to a report from China Wind Power News, citing an NEA notice.

Each individual project must be at least 1 gigawatt in capacity, with construction starting in 2022 and finishing by 2023, although some grid connections can be delayed until 2024, according to the report.

President Xi Jinping in October announced the first 100 gigawatts of projects in the desert build-out were already under construction.

Morgan Stanley analysts including Simon Lee said in a Nov 29 research note that the second batch will likely be even larger.

The projects are meant to be built near existing transmission channels so that little of the power has to be curtailed, according to the report.

Source: businesstimes

Anand Gupta Editor - EQ Int'l Media Network