China’s key grid operator plans to have the world’s largest battery storage fleet by 2030, as the nation works to stabilize power supply with wind and solar adoption accelerating rapidly. State Grid, which operates almost 90% of China’s power system, aims to have 100 gigawatts of electrochemical energy storage by the start of next decade, […]
China’s Tencent Unveils Goal to Run on 100% Green Energy by 2030 – EQ Mag Pro
Tencent Holdings Ltd. is stepping up the use of renewable energy with a goal of zeroing out emissions by 2030, acknowledging the damage wrought by its data centers while heeding Beijing’s call to protect the environment. The Chinese social media and gaming giant plans to use all but renewable energy by the same timeframe and […]
China’s Solar Power Growth to Soar in 2022 on Project Pipeline – EQ Mag Pro
China is forecast to add record solar power in 2022 despite continued high material costs as the country pushes forward with a massive renewable build-out to reach its ambitious climate targets. About 75 to 90 gigawatts of solar power capacity will be installed this year, Wang Bohua, chairman of China Photovoltaic Industry Association, said Wednesday. […]
China’s removal of renewable energy subsidy will affect fight against climate change – EQ Mag Pro
China, the largest emitter of greenhouse gases, is also the largest user of energy and amid this, the country’s growing population is…Read More…
China’s Jinko Power wins 300 MW Saad solar PV power project in Saudi Arabia – EQ Mag Pro
The project was tendered under Round 3 of Saudi’s National Renewable Energy Programme China’s Jinko Power Technology Co said on Monday that a consortium led by its subsidiary Jinko Power (HK) Company has won the bid for the 300-megawatt Saad Solar Photovoltaic (PV) Independent Power Project (IPP) in Saudi Arabia. The project is part of […]
China’s Renewable Energy Capacity Up In 2021 – EQ Mag Pro
China saw steady growth in renewable energy capacity in 2021, data by the National Energy Administration showed BEIJING: China saw steady growth in renewable energy capacity in 2021, data by the National Energy Administration showed. By the end of last year, the country’s installed capacity of renewable energy totaled 1.06 billion kilowatts, accounting for 44.8 […]
Five themes dominating China’s energy scene in 2022: Wood Mackenzie – EQ Mag Pro
Economic growth, stability in energy prices, energy transition, dual-control targets and relations with the US, are the top five themes to watch out for in China’s energy outlook this year, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK). Economic slowdown to pressure overall energy demand growth Wood Mackenzie forecasts China’s GDP growth to slow from 8.1% […]
Geely Going Solar at Car Factories as Part of Clean-Energy Push – EQ Mag Pro
China’s biggest private carmaker Zhejiang Geely Holding Group Co. will install photovoltaic cells on the roofs of all of its factories within two years as it seeks to reduce carbon emissions 25% by 2025, according to Gong Jin, chief executive officer of Geely JoiNet Energy Co. Geely JoiNet, the division charged with greening the automaker’s […]
Shell says electricity to meet 60% of China’s energy use by 2060 – EQ Mag Pro
China may triple electricity generation to supply 60% of the country’s total energy under Beijing’s carbon-neutral goal by 2060, up from the current 23%, Royal Dutch Shell (RDSa.L) said on Monday. Shell is one of the largest global investors in China’s energy sector, with business covering gas production, petrochemicals and a retail fuel network. A […]
China’s Risen Plans $7 Billion Solar Factory Run On Clean Energy – EQ Mag Pro
Risen Energy Co. is planning to build a 45 billion yuan ($7 billion) integrated solar power factory in Inner Mongolia that’ll run on clean energy. The plant will produce materials across the supply chain from industrial silicon to finished solar modules, the company said in a Dec. 27 filing with the Shenzhen stock exchange. It’ll […]