Solar

Tencent to rely on the development of utility scale new energy power stations

Corporate net zero pathways, Solar

Tencent recently published its ‘Carbon Neutrality Target and Roadmap Report’. The group plans to reach carbon neutrality by 2030 according to a principle of ‘Emissions reduction and green power first, emissions offsets second’. To accomplish this, it notably plans to count on the development of utility scale onshore and offshore solar and wind power stations. …

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22 provinces plan to add more than 500 GW of wind and solar capacity by 2025

Offshore Wind, Onshore Wind, Policy, Solar

According to the latest statistics, out of a total of 32 provinces, 22 have already provided their installed capacity targets for 2025 in their respective 14th FYPs. In total, the provinces have pledged to add 528 GW of wind and solar capacity by 2025, or more than 100 GW per year. Several provinces plan to …

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Zhejiang aims to reach 54 GW of solar and wind installed capacity by 2030

Offshore Wind, Onshore Wind, Policy, Solar

Zhejiang provincial government recently issued a development plan for peaking its carbon emissions and reaching carbon neutrality. Notably, the government expects that the proportion of non-fossil energy sources will reach 30% of its energy consumption and that the combined wind and solar installed capacity will be superior to 54 GW by 2030. The plan also …

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China solar project transactions reached 8 GW as projects change hands from private to state owned actors

Solar

According to latest statistics from BJX, 59 photovoltaic power station transactions took place this year, representing a scale of over 8 GW and a value of 26.8 Bn CNY (4.21 Bn USD). The main buyers were China’s state-owned enterprises such as SPIC, Three Gorges, or CNNC. SPIC alone has purchased more than 2.5 GW worth …

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