China
China invests over $100b overseas in cleantech since 2023
China invests over $100b overseas in cleantech since 2023
It aims to expand its influence and secure new markets for its products.
Guess which country will account for 60% of RE additions until 2030
That will be over half of 5,500 GW.
CNOOC’s Bozhong 19-2 oilfield project starts production
It is expected to reach a peak production of 18,800 barrels.
Kashgar grid connects massive PV storage integrated project
The project has 2 million kilowatts of photovoltaic power generation.
CNOOC starts production at Shenhai-1 Phase II natural gas project
It is expected to reach peak production of 162 million cubic feet.
China’s renewable energy dominance puts pressure on global transition
Beijing continues to outpace the rest of the world.
CNOOC boosts oil output with Liuhua Oilfield Secondary Development
Peak production will reach 17,900 barrels per day.
Chinese thermal power gencos' strong H1 boosts deleveraging
Meanwhile, renewable generation companies are facing hurdles.
China developing over 1 billion tonnes/year of new coal mines: GEM
It is supplying more than half of the world’s total.
CNOOC makes major discovery in ultra-deepwater Liwan 4-1 structure
This can produce 430,000 cubic metres daily.
SP Group deploys 240 MWp agrivoltaic project in China
This will be fully operational by the end of 2024.
CNOOC commences production in Wushi 17-2 oil field project
It is projected to have a peak production of about 9,900 barrels.
China to operate 40% of global offshore wind capacity by 2050
The country’s sector is expected to advance despite high investment costs and fading subsidies.
China’s new coal power approvals down nearly 80% in H1
Greenpeace said this is possibly a turning point.
China launches first large-scale offshore photovoltaic project
CGN Yantai Zhaoyuan comprises 121 PV sub-arrays.
China discovers first large, ultra-shallow gas field in South China Sea
It has a capacity of 100 billion cubic metres.
China accounts for 50% of global PV inverter shipments
Global shipments grew 56% last year.