Tag: china

We aim to change the way we generate and use electricity: JinkoSolar’s Daniel Liu

We aim to change the way we generate and use electricity: JinkoSolar’s Daniel Liu

October 22, 2021 |

Having started its business from the upstream side of the solar value chain, JinkoSolar now produces wafers and cells as well. We are committed to expanding the boundaries of our PV knowledge through research and development, and actively catalysing the commercialisation of cutting-edge solar technology. Our introduction of various solar technologies in the past financial year is evidence of our dedication to innovation.

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U.S. Narrows Gap with China in Race to Dominate Battery Value Chain

U.S. Narrows Gap with China in Race to Dominate Battery Value Chain

October 12, 2021 |

The U.S. moves up the ranking to come second in both 2021 and 2026. As a country, the U.S. has the second largest EV market globally, after China. Tesla and Asian cell manufacturers continue to make significant investments in the country, and the Biden administration’s policy to help establish a domestic battery supply chain and support EV growth will further strengthen the country’s position.

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Green Bond Market in China

Green Bond Market in China

October 5, 2021 |

China has, for the last 6 years, been one of the world’s largest green bond markets and yet, the market in 2020 was bumpy. Total Chinese green bond issuance in the domestic and overseas market reached USD44bn (RMB289.5bn), representing a 21% decrease from the USD55.8bn (RMB386bn) achieved in 2019.

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Green Giants? China’s National Oil Companies Prepare for the Energy Transition

Green Giants? China’s National Oil Companies Prepare for the Energy Transition

October 5, 2021 | ,

This report, part of the China Energy and Climate Program at Columbia University’s Center on Global Energy Policy, provides a baseline for understanding how China’s NOCs are responding to climate change. Authored by Dr. Erica Downs, Senior Research Scholar at the Center on Global Energy Policy, the report examines the activities the three companies identified as part of their emerging energy transition strategies before Xi Jinping unveiled the carbon peaking and carbon neutrality targets, and why they didn’t do more.

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China Kicks off its Green Electricity Trading

China Kicks off its Green Electricity Trading

October 1, 2021 |

On 7 September 2021, China launched its green power trading pilot – a remarkable step towards energy sector low-carbon transition and moreover, a milestone towards its 2060 carbon-neutral pledge to the world. It is reported more than 250 domestic and international companies participated in the trade on the first day with a trading volume of 7.9 TWh of green power, accounting for over 1% of the total amount of green power China generated in 2020.

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Rooftop solar to roll out on China’s public buildings

Rooftop solar to roll out on China’s public buildings

September 27, 2021 |

At the end of 2020, distributed solar accounted for about 78 GW (30%) of the 253 GW of China’s installed solar generation capacity, according to data from the country’s National Energy Administration. Growth in distributed solar appears to be picking up in proportion to growth in solar farms. In the first half of this year, about 13 GW of new solar power capacity was installed, 7.65 GW of that distributed solar.

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Hydrogen energy could be key to carbon neutrality in the People’s Republic of China

Hydrogen energy could be key to carbon neutrality in the People’s Republic of China

September 9, 2021 |

Low carbon hydrogen is an important initiative right now for countries around the world and particularly in the People’s Republic of China, one of the world’s largest producers of hydrogen energy. The People’s Republic of China produced about 20 million tons in 2019. One percent or less was renewable energy hydrogen with the remainder being hydrogen produced from fossil energy (70-80%) and from industrial by-products (more than 20%).

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Power China to build 2000 MW of solar power plants in Iraq

Power China to build 2000 MW of solar power plants in Iraq

August 31, 2021 |

The Iraq government has signed an agreement with Power Construction Corp of China (Power China) to build solar power plants in Iraq with a total designed capacity of 2,000 MW. By the completion of its first phase, the project will help generate 750 MW of electricity.

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TEESS secures $80 Million for a 170 MW Solar Portfolio in China

TEESS secures $80 Million for a 170 MW Solar Portfolio in China

August 26, 2021 |

TEESS, a joint venture company established by TotalEnergies and Envision Group, has secured the first part of a total $80 million non-recourse debt for a 170 MW solar portfolio in China. This is the first international non-recourse financing undertaken in China’s renewable sector. The lenders of the project include BNP Paribas, Natixis, Société Générale and Crédit Agricole Corporate and Investment Bank.

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Lithium-ion battery market could reach $127.8 billion by 2027

Lithium-ion battery market could reach $127.8 billion by 2027

August 6, 2021 |

In the year 2020, the Li-ion Battery market in the United States is expected to be worth $12.6 billion. The country now holds a market share of 26.92 percent of the global market. China, the world’s second largest economy, is expected to reach a market size of $29.8 billion in 2027, with a compound annual growth rate of 20.3 percent.

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China’s Power Sector: On track for transition to clean energy

China’s Power Sector: On track for transition to clean energy

July 14, 2021 |

China’s energy sector is undergoing an unprecedented transition. In a span of five years, from 2015 to 2020, the renewable energy (RE) share in the country’s generation mix grew at a compound annual growth rate (CAGR) of over 28 per cent. Further, over the next five years, is it estimated that another 62 GW of new RE capacity will be added to the country’s capacity mix.

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Could China lead the global energy storage market by 2030?

Could China lead the global energy storage market by 2030?

July 7, 2021 |

China’s proposed policy to accelerate energy storage deployments – with a target to take its energy storage capacity to 30 gigawatts (GW) by 2025 – could triple our current capacity forecast. The five-year timeframe could prove challenging from an economic standpoint, but China has good reason to push ahead. Government support for the strategic battery market is strengthening against the backdrop of heightened US-China tensions and China’s pledge to peak emissions by 2030.

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GE Renewable Energy links final units of Wudongde hydropower station to the grid in China

GE Renewable Energy links final units of Wudongde hydropower station to the grid in China

July 5, 2021 |

The last unit of GE Renewable Energy’s Wudongde (WDD) hydropower plant has been successfully linked to the grid for electricity generation and has completed 72 hours of trial operation. The company was responsible for the design, engineering, manufacture, installation monitoring, and commissioning of the six 850 MW Francis turbine generating sets and accompanying equipment for the hydropower project under a contract signed in 2015.

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Jinchen to install 10 GW of production lines in India

Jinchen to install 10 GW of production lines in India

June 17, 2021 |

Chinese manufacturer, Jinchen Machinery has announced the receipt of solar module production line orders of about 10 GW from India in 2021. Out of total orders, it has already installed 2 GW of equipment while the remaining capacity will be supplied over the next 2-3 months. The company also plans to open its office in Surat, Gujarat by August 2021, to serve its Indian customers.

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Solar PV Power Opportunities and Challenges in China Under a Carbon Peak Scenario

Solar PV Power Opportunities and Challenges in China Under a Carbon Peak Scenario

June 14, 2021 |

Solar PV electricity has grown dramatically in the last decade, becoming the third-largest source of renewable energy. Solar PV power (713.97 GW) has become an important renewable energy resource, second only to hydropower (1739.88 GW), and has made substantial contributions to fulfilling global energy demand and sustainable development. Within the newly installed worldwide capacity of Solar PV, China accounted for the highest proportion of 49 GW (cumulative 254.35 GW) in 2020, with 126.84 GW (cumulative 713.97 GW).

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Daqo New Energy and JA Solar sign long-term supply deal for polysilicon

Daqo New Energy and JA Solar sign long-term supply deal for polysilicon

May 12, 2021 |

Daqo New Energy and JA Solar have signed a long-term supply deal for high-purity polysilicon. The announcement is in line with the trend of manufacturers looking to lock in polysilicon supply. Under the deal, Daqo will supply JA Solar with around 78,200 MT of high-purity mono-grade polysilicon between July 2021 and December 2025. Actual volumes and prices will be negotiated every month based on market factors, with JA making an advance payment to Daqo.

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