China
China’s coal power consumption to halt growth by 2025
China’s coal power consumption to halt growth by 2025
Non-fossil fuel sources will dominate the country’s power mix by around 2045.
Chinese renewable exports up 35% from 2019 to 2023
The country’s manufacturing costs were up to 200% lower than Western rivals.
Sinopec and TotalEnergies sign strategic cooperation
They will work on areas including oil and gas, and new energy.
China Huaneng's new energy capacity surpasses 180 million kW
The share of low-carbon and clean energy installed capacity reaches 48.47%.
China leans heavily on fossil fuels for 65% of electricity in 2023
Despite this, the country also led in solar and wind energy generation.
State Grid Qihe Power Suply rolls out digital DC microgrid in Shandong Province
This is the first village-level of its kind launched in the province.
Chinese firms dominate wind turbine market
A total of four Chinese wind turbine companies made it to the top five firms.
China's carbon market tightening to boost RE demand
Press reports suggest that China is looking into reducing the free emission allowance.
China's coal-fired power sector expected to see profit recovery
The average spot price in Q1 was lower than the annual average of 2023.
Huaying International and BKLS ink collaboration deal for LNG supply
This is aligned with China’s goal to diversify its energy resources.
Chinese IPPs’ debts to grow 9.3% for clean energy investments
In 2023, they incurred debts of around $50.3b.
China's gas distributors to thrive despite declining connection fees: report
The slowdown in China's property sector affects both household and industrial gas consumption.
Sinopec drills deepest geothermal exploration well in China
The Fushen-1 Well is located in Hainan.
China's oil giants brace for slower growth
It is projected that the nation’s oil demand growth will decelerate to 3% in 2024, down from a 7% rebound in the preceding year.
China Carbon Neutral releases action plan for large-scale green energy
The plan covers 100 GW of photovoltaic power, 100 GW of wind power and 100 GWh of storage.
China leads government tender allocations in 2023
A total of 137 GW government tenders were awarded globally.
China Huaneng constructs 34 GW renewable projects
This involves 222 large-scale projects.
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