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China

Renewables To Constitute 33% of China’s Electricity By 2025

China’s planning agency has formulated a new five year plan for the development of renewable energy in the country and aims to equip the grid with 33 per cent of power coming from renewable sources by the middle of this decade. The share of renewable energy in the national grid was 28.8 per cent in […]

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China, Europe Will Lead World To Record-breaking RE Capacity In 2022

The International Energy Agency (IEA) said today (May 11) that China and Europe would lead the world to set a new record in renewable energy capacity in 2022 after which the momentum could drop in the following year. The findings come from IEA’s Renewable Energy Market Update for May, 2022. A press release issued by […]

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Energy Vault, Two Others Construct Gravity-Based Energy Storage in China

Energy Vault Holdings announced the groundbreaking for the first EVx deployment for gravity based energy storage system in China. The 100 MWh EVx system is being built adjacent to a wind farm and national grid site in Rudong located outside of Shanghai to augment and balance China’s national energy grid through the delivery of renewable […]

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Polysilicon Prices Rising Steadily in China, Will Continue in April too: Silicon China

The prices of raw silicon materials are on an unabated rise in China, signifying that the solar power projects across the world will be impacted as the solar PV manufacturing is getting dearer. Industry body Silicon China has released the latest silicon materials’ transaction prices. Silicon China is a part of China Nonferrous Metal Industry […]

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Rise In Key Input Metals Sends EV Prices Up in China

Leading China-based EV manufacturers, that have sprouted to take advantage of the world’s largest EV market, have surprised potential customers with price hikes in recent weeks. The hikes come as a surprise to many people who have taken a drop in battery prices, which account for almost 40-50% of EV costs, for granted. As it […]

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India replaces China in Agreement with Sri Lanka to Build 3 RE Farms

India has signed a Memorandum of Understanding with Sri Lanka to build hybrid power projects in the island country, a joint statement has revealed. The development has come after the Sri Lankan government ousted the Chinese company approved last year from these very projects recently. The projects envisage the construction of three wind turbine farms […]

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China’s Envision Energy to Supply 1.9 GW of Wind Turbines to India

The second-largest wind manufacturer of China – Envision Energy Co – has revealed that the company has received 1.9 gigawatts (GW) of turbine orders from India. Envision is looking for overseas markets and driving its sales figures on outside China orders as the domestic market is becoming increasingly competitive. As per the press release Envision will be supplying a total of […]

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China Aims to Produce 200,000 Tonnes of Green Hydrogen Annually by 2025

The National Development and Reform Commission (NDRC) of China has come up with a target to manufacture 200,000 tonnes of green hydrogen annually by 2025. The NDRC has said in its press statement that China will have widespread industrial use of the clean fuel in the long run. NDRC is the top economic planning body […]

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