As China looks to develop its 14th Five-Year Development Plan, the country has a great opportunity to shift toward a higher-quality and lower-carbon economic development strategy. While China has a relatively high annual GDP growth rate compared with the rest of the world, that growth has been slowing.
According to new research solar power is now cheaper than grid electricity in cities across China, which could drive a surge in uptake.
Read more: https://www.carbonbrief.org/solar-now-cheaper-than-grid-electricity-in-every-chinese-city-study-finds
China’s electric vehicle industry is entering a new phase of accelerating development, President Xi Jinping wrote in a congratulatory message to participants of a new energy vehicle conference in early July. In 2018, China sold almost as many electric vehicles as the rest of the world combined.
Over the past two years it has become clear that the electrification of the global passenger automotive market is underway. I have been closely monitoring trends throughout the transportation industry during this period, including market activity related to heavy-duty mass transit and yellow school buses, refuse trucks and other urban trucks, material handling vehicles, and various marine applications.
In the first quarter of this year, China added 5.2 gigawatts (GW) of installed photovoltaic (PV) capacity, according to the National Energy Administration. The figure is a drop from the 9.65 GW in the same period of 2018,
China is often portrayed as an environmental and social villain by the West. However, from fighting pollution to poverty alleviation, no country has done more for sustainable development, argues Junice Yeo.
China’s top planning agency has said the country approved its first batch of subsidy-free wind and solar projects with a combined capacity of 20.76 gigawatts (GW).
Read more: http://www.irena.org/DocumentDownloads/Publications/IRENA_REmap_Synergies_REEE_2017.pdf