NEWS
Renewable Energy  

China Taking Worldwide Lead in Wind Power

Renewable energy demand and capacity are growing explosively. When looking at numbers for wind energy production, China stands above all other countries.

Figures released by the Global Energy Council in late February showed that China has installed far more wind power capacity, both on land and at sea, than any other country.

China is approaching the end of its 13th Energy Technology Innovation Five-Year Plan, singularityhub.com reported. 

The plan specifically mentions wind energy as a focus point, identifying wind turbines with a megawatt production capacity of between 8 and 10MW as a key technology.

By the end of 2020, China aims to have 210 gigawatts of grid-connected wind energy capacity. Its capacity at the beginning of 2018 led the world with around 187 GW, compared to 89 GW for the US in second place and 56 GW for Germany in third.

Wind energy is not the only renewable where China is the pacesetter.

 A recent report from the Global Commission on the Geopolitics of Energy Transformation, set up by the International Renewable Energy Agency, pointed to China as the country in the best position to ‘become the world’s renewable energy superpower.’

China is now the world leader in production, export, and installation of solar panels, wind turbines, batteries, and electric vehicles. 

It aims to produce 50% of its energy from non-fossil sources, including nuclear and renewable, by 2030.

As a nation, China has many good reasons for focusing on renewables like wind.

For one, the country’s growing middle class is fueling higher energy use. In 2010, China surpassed the US and became the world’s biggest consumer of energy. Investments in renewable energy production are a way of lowering dependence on imports from other countries.

A lot of China’s energy still comes from fossil sources, like coal (60.4% in 2017) and crude oil (18.8% the same year).

News No: 4204
Date: 2019/04/06 - 21:52
News Source: Financial Tribune

China  Worldwide  Renewable energy  Lead  technology 

Comments:

Leave a Comment:

   
   
   
 

China – Holding of the Sino-French Industrial Cooperation Forum in Chongqing

On July 5, 2019, the Vice Minister of MIIT, Xin Guobin, cochaired with the French Ministry of Economy and Finance, Thomas Courbe, the 7th Sino-French Industrial Cooperation Forum held in Chongqing.
 

Demand for photovoltaic-use aluminium extrusion to stay strong in China in H2 2019:

According to Shanghai Metals Market, demand for photovoltaic-use (PV-use) aluminium extrusion is likely to stay strong across China in the second half of the year, as the National Energy Administration (NEA) released on Thursday, July 18, the remaining quotas for residential solar qualifying for a 2019 subsidy, which was at 1.27GW.
 

Gränges’ Shanghai production facility receives ASI certification

Gränges’ production plant in Shanghai, China, has been certified against Aluminium Stewardship Initiative’s (ASI) Performance Standard for responsible production, sourcing and stewardship of aluminium. The facility produces aluminium strips and plates for the auto industry.
 

India: Ferro Chrome Industry under Constant Stress; Production Levels Reduced

Ferro Chrome producers remain pessimistic as the prices fall to a new low each week. Demand for Ferro Chrome is dull in the domestic as well as global market due to bearish Stainless Steel demand.
 

Equate lifts force majeure, restarts Kuwait SM unit

Kuwait-based Equate Petrochemical, which operates Kuwaiti styrene producer TKSC, has restarted its 450,000 t/yr styrene monomer (SM) unit a week earlier than expected.
 

Iron ore price spike widens concentrate discounts

Floating discounts for iron ore concentrates have widened into China this month, including for higher-quality brands like 67-68pc Fe Minas Rio, as big moves in the underlying indexes and competition from domestic ores pressure discounts downward.
Upcoming Events
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners