In the first half of this year, China’s installed capacity of renewable energy surpassed that of coal power for the first time in its history, indicating a change in the country’s energy structure. Renewable energy installed capacity continued to grow in the second half of 2023, accounting for about half of the total installed capacity … Continue reading China strengthens solar and wind energy to boost green development
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MingYang produces first 18 MW offshore wind nacelle
Chinese wind turbine manufacturer MingYang Smart Energy has successfully produced its first 18 MW offshore wind turbine nacelle. The nacelle, which houses important components such as the gearbox, generator and control systems, is an integral part of offshore wind turbines. With this achievement, MingYang has joined a small group of companies capable of producing these … Continue reading MingYang produces first 18 MW offshore wind nacelle
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China’s largest onshore wind power base starts full-capacity production
A wind power facility with an electricity generating capacity of more than 10 billion kilowatt-hours (kWh) a year was put into full-capacity production and connected to the grid in north China’s Inner Mongolia Autonomous Region on Sunday, and is the country’s largest onshore wind power base currently in operation. A project of China’s leading nuclear … Continue reading China’s largest onshore wind power base starts full-capacity production
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Offshore wind power capacity surges in China
China has witnessed a remarkable surge in the development of offshore wind power so far this year, industry experts said, as the construction of such projects accelerates across the nation. As of September, the cumulative installed capacity of offshore wind power in China reached 31.89 million kilowatts, constituting nearly half of the world’s total offshore … Continue reading Offshore wind power capacity surges in China
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China’s wind, solar and hydropower capacity exceeds 1.4 TW
China has become a global leader in renewable energy with total installed capacity exceeding 1.4 TW, a milestone that shows the country’s commitment to renewable energy. China’s National Energy Administration (NEA) announced last week that renewable energy now accounts for approximately 49.9% of the country’s total electricity generation capacity. According to the NEA, this impressive … Continue reading China’s wind, solar and hydropower capacity exceeds 1.4 TW
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China leads global renewables race with record-breaking 230 GW installations in 2023
Currently on target to reach a record-breaking 230 gigawatts (GW) of wind and solar installations this year, China leads the global renewables market. This is more than double the number of US and Europe installations combined, according to latest report ‘How China became the global renewables leader’ by Wood Mackenzie. Wind and solar project investment … Continue reading China leads global renewables race with record-breaking 230 GW installations in 2023
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China’s installed renewable energy capacity surges in Jan.-Oct.
China’s installed capacity of clean energy surged in the first 10 months of the year amid the country’s pursuit of green development. By the end of October, the installed capacity of solar power in the country expanded 47 percent year on year to 540 million kilowatts, while that of wind power stood at about 400 … Continue reading China’s installed renewable energy capacity surges in Jan.-Oct.
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Why is offshore wind rising in China when it is struggling in the West?
While the offshore wind industry is struggling with inflation and high interest rates in the West, China’s market is soaring. To learn why, TME recently spoke with Joseph Webster, senior fellow at the Atlantic Council’s Global Energy Center and an expert on China’s offshore wind sector. What are your thoughts on the near term outlook … Continue reading Why is offshore wind rising in China when it is struggling in the West?
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Future-oriented climate planning led to China prioritizing Concentrated Solar Power
Recently, the Ministry of Ecology and Environment issued the first batch of methodologies for four voluntary greenhouse gas emission reduction projects: afforestation carbon sequestration, grid-connected solar thermal power generation, grid-connected offshore wind power generation, and mangrove forest construction. Solar energy, as an inexhaustible and renewable energy source on Earth, is commonly associated with photovoltaic power … Continue reading Future-oriented climate planning led to China prioritizing Concentrated Solar Power
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How will China’s expansion affect global solar module supply chains?
Starting in 2024, China will dominate the solar module supply chain with over 80% global capacity, driven by significantly lower costs of modules compared to Europe and the US. From the beginning of 2024, China will hold over 80% of global capacity across the solar module supply chain. This is partly because modules, including polysilicon, … Continue reading How will China’s expansion affect global solar module supply chains?
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China to hold over 80% of global solar power manufacturing capacity from 2023-26
Despite local manufacturing policies in overseas markets, China’s expansion will dominate global solar supply chain, and widen the technology and cost gap. After investing over US$130 billion into the solar industry in 2023, China will hold more than 80% of the world’s polysilicon, wafer, cell, and module manufacturing capacity from 2023 to 2026, according to … Continue reading China to hold over 80% of global solar power manufacturing capacity from 2023-26
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Chinese state-owned enterprises are the largest owners of solar energy assets
At 240 GWdc, 2022 was the biggest year on record for global solar installations. That relentless growth translated into unprecedented expansions of the operational portfolios of the largest global solar asset owners. Solar portfolios from the top global solar asset owners, including Chinese players, grew by a record-shattering 44% in 2022. This was driven mostly … Continue reading Chinese state-owned enterprises are the largest owners of solar energy assets
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How can sustainable debt support China’s energy transition?
Sustainable debt has become a popular tool to fund green and sustainability-linked activities since it first emerged in the mid-2010s, providing a tailwind to clean energy investment. Global sustainable debt issuances have risen nearly tenfold since 2016, peaking at over USD 1.7 trillion in 2021. These instruments have been leveraged by governments to raise capital … Continue reading How can sustainable debt support China’s energy transition?
Continue readingChina’s installed solar and wind power capacity saw robust growth this year
China’s installed solar and wind power capacity saw robust growth this year amid the country’s green development push, according to the National Energy Administration, Azernews reports, citing Xinhua. At the end of September, the country’s installed solar power capacity was approximately 520 million kilowatts, up 45.3 percent year on year, and its installed wind power … Continue reading China’s installed solar and wind power capacity saw robust growth this year
Continue readingMingYang Smart Energy unveils plans for world’s largest wind turbine
MingYang Smart Energy has recently revealed plans to develop an innovative offshore wind turbine. With a remarkable rotor diameter of more than 310 metres, the wind turbines will be the largest and most powerful of their type announced to date. The 22 MW turbine, once built, has the potential to significantly increase efficiency and renewable … Continue reading MingYang Smart Energy unveils plans for world’s largest wind turbine
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Brussels Considers Investigating Chinese Wind Turbine Subsidies
Brussels is considering launching an investigation into China’s use of subsidies to promote its wind turbine manufacturers. This move comes in response to concerns that cheap Chinese imports are posing a threat to European wind power companies. Didier Reynders, the acting competition commissioner, stated that if there is evidence of excessive aid on the Chinese … Continue reading Brussels Considers Investigating Chinese Wind Turbine Subsidies
Continue readingChina wind farm sets high-altitude records
China’s push for clean energy is testing the limits of high-altitude wind turbines in the same mountain range as Mount Everest, up where the air is rather thin. China has expanded its highest-altitude wind farm, in the Tibet autonomous region, thousands of metres above sea level. Photo: China Three Gorges Corporation In the Tibet autonomous … Continue reading China wind farm sets high-altitude records
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Cosin Solar now supplies 1 GW of China’s tower Concentrated Solar Power
Recently, Cosin Solar Technology Co., Ltd. (“Cosin Solar”) and State Power Investment Shandong Electric Power Engineering Consulting Institute Co., Ltd. (“SDEPCI”) signed the contract for Solar Field , MSR Systems and MS Electric Heating System equipment of the SPIC Xinjiang Turpan Shanshan Qiketai 100MW CSP project. It’s meaning that Cosin Solar will provide advanced Solar field, … Continue reading Cosin Solar now supplies 1 GW of China’s tower Concentrated Solar Power
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China’s Largest Offshore Wind Farm Begins Generating Electricity
China Three Gorges Corporation has successfully connected the world’s largest offshore wind power facility to the grid in Fujian Province. This wind farm consists of 11 offshore wind turbine units, with the largest unit boasting a capacity of 16 megawatts. Since its launch on September 17, the wind farm has started generating electricity, contributing to … Continue reading China’s Largest Offshore Wind Farm Begins Generating Electricity
Continue readingXinjiang wind turbine maker gains global recognition
Goldwind Science and Technology Co, a leading Chinese wind turbine maker, has delivered over 49,000 wind turbines worldwide with a global cumulative installed capacity exceeding 105 gigawatts as of June. “Goldwind’s technology and products have gained recognition from global partners,” said Fang Zhong, general manager of Goldwind’s Xinjiang office in the Urumqi Economic and Technological … Continue reading Xinjiang wind turbine maker gains global recognition
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