Renewable energy accounted for 47.3% of China’s total installed generation capacity by 2022-end. China’s economic growth was largely fuelled by coal-powered energy, but with the inglorious title as the world’s largest polluter, the government has committed to generating one-third of its electricity from renewables by 2025 and reach peak carbon emissions by 2030. Will it meet the target?
China’s renewable energy generation capacity edged out coal power capacity for the first-time last year, with new solar driving the electricity sector’s efforts to reach ambitious national carbon emissions goals even as the removal of subsidies continued to drag the growth of … read the full article here.
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Source: Ciaxin Global