China
China’s solar exports up 34% YoY in H1 2023
The country produces around eight in every 10 solar panels.
China’s solar exports up 34% YoY in H1 2023
The country produces around eight in every 10 solar panels.
China’s coal IPPs to continue profit recovery
Spot thermal coal prices were down by around 20% from January to August 2023.
China’s solar capacity to surpass 500 GW by year-end
Its installed solar capacity is expected to exceed 1,000 GW by the end of 2026.
Russia, strengthens ties with China via new gas pipelines
The two countries are in talks for the Power of Siberia 2 gas pipeline.
China continues coal plant ‘permitting spree’ in H1
Coal plants commissioned doubled YoY to 17.1 GW.
Renewables save $520b in fuel cost for the power sector
Around 86% of the commissioned RE capacity last year had lower costs than fossil fuel electricity.
Severe heatwaves will have limited effect on China’s hydropower
The heatwaves are concentrated in regions less reliant on hydropower.
CNOOC Limited’s 40MW solar project linked to grid
It is supported by a 6MW/21MWh battery energy storage.
Sinopec launches its first green hydrogen project
It is the largest solar-to-hydrogen project globally.
China to double wind, solar capacity by 2025
It would exceed the 1,200GW 2030 target ahead of time.
Wind turbine intake hits new record in Q1
The intake reached 23.5GW of activity, Wood Mackenzie reported.
Coal share in China’s power mix to decline in coming years: report
this is despite its reliance on coal, Fitch Solutions reported.
China to sustain lead in renewables in the long term: report
This will mainly come from its solar power sector.
Solar PV manufacturing in China to grow to over 230GW in 2026
This is more than enough to supply global market demand, Wood Mackenzie reported.
China’s solar exports up by 64% in 2022: report
Exports amounted to US$52b, Wood Mackenzie reported.
Fossil fuels dominate China despite ‘strong’ renewables growth: report
The market added over 100GWs of wind and solar annually in the last three years.
China’s wind power market to rebound in 2023: report
New grid-connected capacity declined by 21%YoY in 2022, Wood Mackenzie reported.
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Carbon Capture and Storage: The bold path forward for ASEAN