China's solar power is now cheaper than grid electricity, scientists reveal
5 years, 5 months ago

China's solar power is now cheaper than grid electricity, scientists reveal

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Solar power is now cheaper than grid electricity in cities across China which could drive a surge in uptake, according to new research. Twenty-two per cent of cities could also have solar systems that would generate lower cost electricity than coal, according to the researchers, led by Jinyue Yan from the Royal Institute of Technology in Stockholm. New roof for Notre Dame would harness solar power Show all 12 However, coal is still dominant and has around 60 per cent share of the market compared to five per cent for solar. In just over a decade, concerted investment has increased the proportion of world electricity generated by wind, solar and other renewable sources from around 5 per cent to 12 per cent.

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History of this topic

Mega-polluter China believes it is a climate saviour
Trending News
1 day, 2 hours ago

Mega-polluter China believes it is a climate saviour

Live Mint  

Which countries should shell out more to save the planet? Eight in ten of the world’s solar panels are made in China, according to the International Energy Agency, an intergovernmental body. Last year global spending on the deployment of clean-energy technologies came to $1.8trn, according to BloombergNEF, of which 38% occurred in China. But China’s clean-energy success is down to …

Key solar themes to track after torrid 2024 for investors: Maguire
1 week, 1 day ago

Key solar themes to track after torrid 2024 for investors: Maguire

Live Mint  

By Gavin Maguire LITTLETON, Colorado, Jan 7 - Solar electricity generation posted its largest ever annual rise globally in 2024, yet many investors in the solar sector are nursing heavy losses after share prices in major solar firms and exchange-traded funds collapsed. Going forward, renewables remain at the heart of planned expansions in electricity output worldwide, and solar systems are …

China maintains high utilization rates of wind, solar power
4 weeks, 2 days ago

China maintains high utilization rates of wind, solar power

China Daily  

BEIJING -- China has maintained high utilization rates of wind and solar power, official data showed Sunday, suggesting the world's renewables powerhouse has ensured both speed and quality in its green drive. By the end of 2024, the country's installed wind power capacity reached 510 million kilowatts, while its solar power capacity stood at 840 million kilowatts. In the first …

An Opec for solar energy is a bad idea: This Chinese idea is best dropped
1 month ago

An Opec for solar energy is a bad idea: This Chinese idea is best dropped

Live Mint  

What do you do in an energy industry that’s facing its first speed bumps after decades of meteoric growth? More than 30 Chinese solar power producers signed up to an Opec-style agreement at their industry association’s annual meeting last week, with manufacturers given quotas based on their existing capacity and forecasts of market demand. China’s solar power industry is offering …

China is racing towards a future powered by wind and solar
1 month, 4 weeks ago

China is racing towards a future powered by wind and solar

CNN  

CNN — High above the sand dunes of China’s Kubuqi desert, nearly 200,000 solar panels have been carefully placed in rows to create the outline of a galloping steed. As President-elect Donald Trump is likely to roll back on the US’ role as a global climate leader, experts say China will have to lead the charge. And as the world’s …

China's Energy Storage Sector Booms, with New Energy Storage Capacity Surging to 300 GW by 2030
Top News
2 months, 1 week ago

China's Energy Storage Sector Booms, with New Energy Storage Capacity Surging to 300 GW by 2030

China Daily  

China's energy storage sector is experiencing rapid growth, with a 99.6 percent year-on-year growth and 91.3 GW in cumulative installed capacity in 2023. This surge is largely attributable to China's aggressive expansion in renewable energy infrastructure, particularly large-scale wind and photovoltaic power bases.

China's Energy Storage Sector Booms, with New Plants Shifting Focus to Market-Driven Growth
Trending News
2 months, 1 week ago

China's Energy Storage Sector Booms, with New Plants Shifting Focus to Market-Driven Growth

China Daily  

China's energy storage sector is experiencing rapid growth, with a 99.6 percent year-on-year growth and 91.3 GW in cumulative installed capacity in 2023. This surge is largely attributable to China's aggressive expansion in renewable energy infrastructure, particularly large-scale wind and photovoltaic power bases.

China's Energy Storage Sector Booms, with New Plants Shifting Focus to Market-Driven Growth
Trending News
2 months, 1 week ago

China's Energy Storage Sector Booms, with New Plants Shifting Focus to Market-Driven Growth

China Daily  

China's energy storage sector has experienced rapid growth in recent years, with a 99.6 percent year-on-year growth and 91.3 GW in cumulative installed capacity in 2023. This surge is largely attributable to China's aggressive expansion in renewable energy infrastructure, particularly large-scale wind and photovoltaic power bases.

China's Renewable Energy Sector: A Greener Future, Reduced Carbon Footprint
Trending News
2 months, 1 week ago

China's Renewable Energy Sector: A Greener Future, Reduced Carbon Footprint

China Daily  

China's renewable energy sector has significantly reduced carbon emissions, generating equivalent to 2.46 billion metric tons of carbon emissions reductions both domestically and globally. The country's renewable energy generation reached nearly 3 trillion kilowatt-hours, representing almost one-third of the country's total power consumption, with the installed capacity for wind and solar power accounting for 54.7 percent of the total. The …

China's Renewable Energy Sector: A Greener Future, a Cleaner Future
2 months, 1 week ago

China's Renewable Energy Sector: A Greener Future, a Cleaner Future

China Daily  

China's renewable energy sector has significantly reduced carbon emissions, generating equivalent to 2.46 billion metric tons of carbon emissions reductions both domestically and globally. The country's renewable energy generation reached nearly 3 trillion kilowatt-hours, representing almost one-third of the country's total power consumption, with the installed capacity for wind and solar power accounting for 54.7 percent of the total. The …

Country's green drive hits major milestone
2 months, 2 weeks ago

Country's green drive hits major milestone

China Daily  

By Liu Yukun | China Daily | Updated: 2024-11-01 09:09 Aerial photo taken on Aug 19, 2020 shows wind turbines in Jiucaiping scenic spot in Southwest China's Guizhou province. China achieved a major milestone in renewable energy development with installations of wind and solar power generating units surpassing 1.2 billion kilowatts, six years ahead of schedule, said the National Energy …

China pledges to promote renewable energy use amid green transition
2 months, 2 weeks ago

China pledges to promote renewable energy use amid green transition

China Daily  

An aerial drone photo taken on Sept 12, 2024 shows a partial view of a 50-megawatt molten-salt solar thermal power plant in Naomaohu township of Hami city, Northwest China's Xinjiang Uygur autonomous region. BEIJING -- China on Wednesday released a set of guidelines on boosting the use of renewable energy amid efforts to cut fossil fuel consumption in green energy …

China Unveils Green Energy Roadmap: Focus on Renewable Energy Growth
2 months, 2 weeks ago

China Unveils Green Energy Roadmap: Focus on Renewable Energy Growth

China Daily  

China releases guidelines to promote renewable energy use as part of its green transition. The guidelines aim to replace traditional fuel with renewable energy, with China's renewable energy consumption expected to reach the equivalent of more than 1.1 billion tonnes of standard coal next year and 1.5 billion tonnes of standard coal by 2030.

China's Green Energy Push: A Wind of Change
2 months, 3 weeks ago

China's Green Energy Push: A Wind of Change

China Daily  

China's wind and solar energy installations surpass coal power, marking a significant milestone in the country's transition to renewable energy sources. The installed capacity of wind and photovoltaic reached 1.18 billion kW in June, exceeding the target set for 2030 six years ahead of schedule. By 2060, wind and photovoltaic installed capacity will exceed 5 billion kW, with most power …

China's Green Energy Push: A Breakthrough in Wind and Solar Power
2 months, 3 weeks ago

China's Green Energy Push: A Breakthrough in Wind and Solar Power

China Daily  

China's wind and solar energy installations surpass coal power, marking a significant milestone in the country's transition to renewable energy sources. The installed capacity of wind and photovoltaic reached 1.18 billion kW in June, exceeding the target set for 2030 six years ahead of schedule. By 2060, wind and photovoltaic installed capacity will exceed 5 billion kW, with most power …

China's green, low-carbon development nurtures new opportunities: official
3 months, 2 weeks ago

China's green, low-carbon development nurtures new opportunities: official

China Daily  

Xinhua | Updated: 2024-09-27 10:47 A wind farm generates power for grids in Zhoushan, Zhejiang province. BEIJING - China's green and low-carbon development features bright spots and nurtures new opportunities, an official with the country's energy administration has said. Wind power and photovoltaics have become major contributors to China's newly added installed capacity and important forces in the country's energy …

Energy transition opens new vistas for solar, wind power companies
3 months, 2 weeks ago

Energy transition opens new vistas for solar, wind power companies

China Daily  

Technicians check solar panels in Zhoushan, Zhejiang province. BEIJING - Over the past three months, Anhui Huasun Energy Co Ltd has been racing against time to make solar modules for a gigantic photovoltaic project in China's Xinjiang. "The proportion of coal consumption in China's total energy consumption stood at 55.3 percent in 2023, and thus the potential for green and …

Energy transition opens new vistas for solar, wind power companies
3 months, 2 weeks ago

Energy transition opens new vistas for solar, wind power companies

China Daily  

Technicians check solar panels in Zhoushan, Zhejiang province. BEIJING - Over the past three months, Anhui Huasun Energy Co Ltd has been racing against time to make solar modules for a gigantic photovoltaic project in China's Xinjiang. "The proportion of coal consumption in China's total energy consumption stood at 55.3 percent in 2023, and thus the potential for green and …

The revolution of renewable energy in China
3 months, 3 weeks ago

The revolution of renewable energy in China

China Daily  

In recent years, China has emerged as a global leader in renewable energy, setting determined goals and accomplishing extraordinary milestones. As the world grapples with the urgent need to shift towards sustainable energy sources, China's efforts in renewable energy serve as a model for other nations. The 13th Five-Year Plan marked a critical turning point in China's renewable energy path …

Trade body: US distorts global solar market, hampers climate change battle
3 months, 3 weeks ago

Trade body: US distorts global solar market, hampers climate change battle

China Daily  

The China Photovoltaic Industry Association recently highlighted serious concerns and strong opposition over the US distorting the global solar market by providing excessive subsidies to US companies and imposing high tariffs on imported solar products, hampering international cooperation to battle the looming issue of climate change. "The Inflation Reduction Act, introduced in 2022, offers subsidies of an unprecedented $369 billion …

Trade body: US distorts global solar market, hampers climate change battle
3 months, 3 weeks ago

Trade body: US distorts global solar market, hampers climate change battle

China Daily  

The China Photovoltaic Industry Association recently highlighted serious concerns and strong opposition over the US distorting the global solar market by providing excessive subsidies to US companies and imposing high tariffs on imported solar products, hampering international cooperation to battle the looming issue of climate change. "The Inflation Reduction Act, introduced in 2022, offers subsidies of an unprecedented $369 billion …

Trade body: US distorts global solar market, hampers climate change battle
3 months, 3 weeks ago

Trade body: US distorts global solar market, hampers climate change battle

China Daily  

By Liu Yukun | chinadaily.com.cn | Updated: 2024-09-22 21:03 The China Photovoltaic Industry Association recently highlighted serious concerns and strong opposition over the US distorting the global solar market by providing excessive subsidies to US companies and imposing high tariffs on imported solar products, hampering international cooperation to battle the looming issue of climate change. "The Inflation Reduction Act, introduced …

China's prowess in solar aids Africa's green transition
4 months, 1 week ago

China's prowess in solar aids Africa's green transition

China Daily  

A taxi driver prepares to test-drive a Chinese new energy vehicle in Mombasa, Kenya, on Aug 16. WANG GUANSEN/XINHUA Complementary resources China's advantages in the renewable energy industry chain complement Africa's natural environmental endowments, Mao said, adding this opens up vast room for China-Africa cooperation in solar energy development and utilization. China-Africa clean energy cooperation has effectively improved the power …

China's prowess in solar aids Africa's green transition
4 months, 1 week ago

China's prowess in solar aids Africa's green transition

China Daily  

A view of the Redstone Concentrated Solar Thermal Power Project near Postmasburg in Northern Cape Province of South Africa on August 20. ZHANG YUDONG/XINHUA As Africa looks to solar power to drive its renewable energy development, cooperation with China and drawing on its expertise is playing an increasingly vital role, industry experts said. Chinese companies in the photovoltaic energy sector …

China's prowess in solar aids Africa's green transition
4 months, 1 week ago

China's prowess in solar aids Africa's green transition

China Daily  

A view of the Redstone Concentrated Solar Thermal Power Project near Postmasburg in Northern Cape Province of South Africa on August 20. ZHANG YUDONG/XINHUA As Africa looks to solar power to drive its renewable energy development, cooperation with China and drawing on its expertise is playing an increasingly vital role, industry experts said. Chinese companies in the photovoltaic energy sector …

China's energy transition benefits world
4 months, 2 weeks ago

China's energy transition benefits world

China Daily  

Two State Grid technicians check power transmission facilities in Chuzhou, Anhui province. A white paper titled "China's Energy Transition" released recently showcased historic achievements in its energy transition over the past decade and shared its practices with the world. What is more, China's new energy products have provided clean, reliable, affordable solutions to a world that faces the challenges of …

China to continue with low-carbon reforms, energy regulator says
4 months, 2 weeks ago

China to continue with low-carbon reforms, energy regulator says

Hindustan Times  

in paragraph 8) China to continue with low-carbon reforms, energy regulator says BEIJING, - China will keep phasing out fossil fuels and reforming its electricity system, the energy regulator said on Thursday, issuing a white paper long on listing accomplishments but short on new plans for China's energy transition. National Energy Administration head Zhang Jianhua said China would continue to …

Nation helps drive global transition to green energy
4 months, 2 weeks ago

Nation helps drive global transition to green energy

China Daily  

By ZHENG XIN | CHINA DAILY | Updated: 2024-08-30 07:04 An aerial drone photo taken on June 6, 2024 shows the wind power equipment at a low carbon-dioxide emission industrial park in Sheyang, Yancheng, East China's Jiangsu province. China's green energy development has become an engine for the global energy transition, which has substantially eased global inflation pressures while addressing …

Nation helps drive global transition to green energy
4 months, 2 weeks ago

Nation helps drive global transition to green energy

China Daily  

An aerial drone photo taken on June 6, 2024 shows the wind power equipment at a low carbon-dioxide emission industrial park in Sheyang, Yancheng, East China's Jiangsu province. China's green energy development has become an engine for the global energy transition, which has substantially eased global inflation pressures while addressing climate change, according to a white paper issued on Thursday. …

China makes historic breakthroughs in green energy development: white paper
4 months, 2 weeks ago

China makes historic breakthroughs in green energy development: white paper

China Daily  

Xinhua | Updated: 2024-08-29 11:04 Technicians check solar panels in Zhoushan, Zhejiang province. BEIJING - China has made historic breakthroughs in green and low-carbon energy development over the past decade amid its quest for a sustainable future, according to a white paper issued Thursday. Clean energy accounted for 26.4 percent of the country's total energy use in 2023, up from …

China makes historic breakthroughs in green energy development: white paper
4 months, 2 weeks ago

China makes historic breakthroughs in green energy development: white paper

China Daily  

Technicians check solar panels in Zhoushan, Zhejiang province. BEIJING - China has made historic breakthroughs in green and low-carbon energy development over the past decade amid its quest for a sustainable future, according to a white paper issued Thursday. Clean energy accounted for 26.4 percent of the country's total energy use in 2023, up from 15.5 percent in 2013, while …

New energy targets realized ahead of deadline
4 months, 2 weeks ago

New energy targets realized ahead of deadline

China Daily  

A vast expanse of solar panels shadows the surface of a semi-desert in Northwest China's Qinghai province, turning it into a photovoltaic park. According to data from the Chinese National Energy Administration, by the end of July 2024, the total installed capacity of power generation nationwide reached 3.1 billion kilowatts. Of this, solar power had an installed capacity of about …

New energy targets realized ahead of deadline
4 months, 2 weeks ago

New energy targets realized ahead of deadline

China Daily  

A vast expanse of solar panels shadows the surface of a semi-desert in Northwest China's Qinghai province, turning it into a photovoltaic park. According to data from the Chinese National Energy Administration, by the end of July 2024, the total installed capacity of power generation nationwide reached 3.1 billion kilowatts. Of this, solar power had an installed capacity of about …

China is backing off coal power plant approvals after a 2022-23 surge that alarmed climate experts
4 months, 3 weeks ago

China is backing off coal power plant approvals after a 2022-23 surge that alarmed climate experts

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

China is backing off coal power plant approvals after a 2022-23 surge that alarmed climate experts
4 months, 3 weeks ago

China is backing off coal power plant approvals after a 2022-23 surge that alarmed climate experts

Associated Press  

BEIJING — Approvals for new coal-fired power plants in China dropped sharply in the first half of this year, according to an analysis released Tuesday, after a flurry of permits in the previous two years raised concern about the government’s commitment to limiting climate change. China leads the world in solar and wind power installations but the government has said …

Nation sees big strides in clean energy
5 months ago

Nation sees big strides in clean energy

China Daily  

A wind farm generates power for grids in Zhoushan, Zhejiang province. Ma Jun, director of the Beijing-based Institute of Public and Environmental Affairs, said that China managed to make such significant progress thanks to a series of forward-looking policies for renewable energy development, guided by Xi Jinping Thought on Ecological Civilization. Targeting much smaller areas, the area-specific environmental management mechanism …

Nation sees big strides in clean energy
5 months ago

Nation sees big strides in clean energy

China Daily  

A wind farm generates power for grids in Zhoushan, Zhejiang province. Ma Jun, director of the Beijing-based Institute of Public and Environmental Affairs, said that China managed to make such significant progress thanks to a series of forward-looking policies for renewable energy development, guided by Xi Jinping Thought on Ecological Civilization. Targeting much smaller areas, the area-specific environmental management mechanism …

Nation sees big strides in clean energy
5 months ago

Nation sees big strides in clean energy

China Daily  

A wind farm generates power for grids in Zhoushan, Zhejiang province. Ma Jun, director of the Beijing-based Institute of Public and Environmental Affairs, said that China managed to make such significant progress thanks to a series of forward-looking policies for renewable energy development, guided by Xi Jinping Thought on Ecological Civilization. Targeting much smaller areas, the area-specific environmental management mechanism …

Nation sees big strides in clean energy
5 months ago

Nation sees big strides in clean energy

China Daily  

A wind farm generates power for grids in Zhoushan, Zhejiang province. Ma Jun, director of the Beijing-based Institute of Public and Environmental Affairs, said that China managed to make such significant progress thanks to a series of forward-looking policies for renewable energy development, guided by Xi Jinping Thought on Ecological Civilization. Targeting much smaller areas, the area-specific environmental management mechanism …

Power usage, innovation driven by new infrastructure
5 months, 1 week ago

Power usage, innovation driven by new infrastructure

China Daily  

Factory workers at a charging pile manufacturer in Luoyang, Henan province, inspect EV charging piles. China's rapid development of new infrastructure has emerged as a key driver of power consumption, fueling substantial growth in sectors such as 5G, artificial intelligence and electric vehicles, said industry experts. Electricity consumption for internet data services, including big data processing, cloud storage, cloud computing …

Australia's solar power surge is world-leading, but energy storage is lagging. Are cheaper household batteries inevitable?
5 months, 1 week ago

Australia's solar power surge is world-leading, but energy storage is lagging. Are cheaper household batteries inevitable?

ABC  

On a suburban street in Perth, amid the pre-war homes and the peppermint trees, evidence of Australia's transforming energy system is all around. But in WA – home to the world's biggest isolated or "island" grid in the south western corner of the state – the uptake of solar also poses some thorny questions. Mr Wood said about 75 per …

Solar sees brighter full-year prospects
5 months, 2 weeks ago

Solar sees brighter full-year prospects

China Daily  

Workers install photovoltaic panels at a power farm in Jiuquan, Gansu province, in May. China's photovoltaic industry may see robust growth in installed capacity this year with new installations ranging between 190 and 220 gigawatts, driven by the increasing electrification of energy use and the shift toward low-carbon power consumption, said the China Photovoltaic Industry Association. Wang Bohua, honorary chairman …

Nation sets example for green transition
5 months, 2 weeks ago

Nation sets example for green transition

China Daily  

By ZHENG XIN | CHINA DAILY | Updated: 2024-07-26 06:50 China's installed wind and solar power capacity has overtaken coal for the first time, further cementing the country's leading position in the global renewable energy sector, said industry experts. Deng Simeng, a senior analyst of renewables and power research at global consultancy Rystad Energy, said the fact that wind and …

Nation sets example for green transition
5 months, 2 weeks ago

Nation sets example for green transition

China Daily  

China's installed wind and solar power capacity has overtaken coal for the first time, further cementing the country's leading position in the global renewable energy sector, said industry experts. Deng Simeng, a senior analyst of renewables and power research at global consultancy Rystad Energy, said the fact that wind and solar capacity surpassed that of coal by the end of …

Domestic support, diversified overseas strategies underlined for PV industry
5 months, 2 weeks ago

Domestic support, diversified overseas strategies underlined for PV industry

China Daily  

Technicians check photovoltaic boards at a solar power station in Yangquan, Shanxi province, on Tuesday. ZHU XINGXIN/CHINA DAILY Asia surpassed Europe as the largest export market for Chinese solar products in the first half of this year, the China Photovoltaic Industry Association said on Thursday. "In the first six months, major global photovoltaic markets such as the United States, Europe, …

Nation sets example for green transition
5 months, 2 weeks ago

Nation sets example for green transition

China Daily  

China's installed wind and solar power capacity has overtaken coal for the first time, further cementing the country's leading position in the global renewable energy sector, said industry experts. Deng Simeng, a senior analyst of renewables and power research at global consultancy Rystad Energy, said the fact that wind and solar capacity surpassed that of coal by the end of …

Electricity consumption soars in 2024 with tech and EV growth
5 months, 3 weeks ago

Electricity consumption soars in 2024 with tech and EV growth

China Daily  

Driven by the rapid development of mobile internet, big data and cloud computing, electricity consumption for internet data services increased by 33.0 percent year-on-year during the first half of this year, according to the China Electricity Council. The rapid growth of electric vehicles led to a 63.7 percent year-on-year increase in electricity consumption for charging and battery swapping services in …

New energy helps in green transition
5 months, 4 weeks ago

New energy helps in green transition

China Daily  

Technicians check a power transmission tower in Chuzhou, Anhui province. SONG WEIXING/FOR CHINA DAILY Installations of new energy in China, including solar and wind, were predominant in the power sector last year, further accelerating the country's green and low-carbon transition, the China Electricity Council said. Investments in national power generation projects reached 1.02 trillion yuan, up 37.7 percent year-on-year, while …

Non-fossil fuel power generation to near 70% by 2030
6 months ago

Non-fossil fuel power generation to near 70% by 2030

China Daily  

A wind farm generates power for grids in Zhoushan, Zhejiang province. The growth rate of electricity consumption this year in China will be close to that of 2023, a 6.7 percent year-on-year, while new installations of renewable energy in 2024 will also continue to rapidly grow, according to the annual development report of China's electric power industry 2024 released by …

World’s biggest solar farm will power 6 million homes
6 months, 1 week ago

World’s biggest solar farm will power 6 million homes

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A state-owned power company in China has announced plans to build the world’s …

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