China
China’s renewable energy dominance puts pressure on global transition
Beijing continues to outpace the rest of the world.
China’s renewable energy dominance puts pressure on global transition
Beijing continues to outpace the rest of the world.
CNOOC boosts oil output with Liuhua Oilfield Secondary Development
Peak production will reach 17,900 barrels per day.
Chinese thermal power gencos' strong H1 boosts deleveraging
Meanwhile, renewable generation companies are facing hurdles.
China developing over 1 billion tonnes/year of new coal mines: GEM
It is supplying more than half of the world’s total.
CNOOC makes major discovery in ultra-deepwater Liwan 4-1 structure
This can produce 430,000 cubic metres daily.
SP Group deploys 240 MWp agrivoltaic project in China
This will be fully operational by the end of 2024.
CNOOC commences production in Wushi 17-2 oil field project
It is projected to have a peak production of about 9,900 barrels.
China to operate 40% of global offshore wind capacity by 2050
The country’s sector is expected to advance despite high investment costs and fading subsidies.
China’s new coal power approvals down nearly 80% in H1
Greenpeace said this is possibly a turning point.
China launches first large-scale offshore photovoltaic project
CGN Yantai Zhaoyuan comprises 121 PV sub-arrays.
China discovers first large, ultra-shallow gas field in South China Sea
It has a capacity of 100 billion cubic metres.
China accounts for 50% of global PV inverter shipments
Global shipments grew 56% last year.
China’s wind and solar capacity surpass coal for the first time
In H1, wind and solar added over 100 GW versus 8 GW from coal.
China’s solar dominance shines bright in energy development
Beijing is projected to exceed its target of 200GW additional solar and wind capacity this year.
China to account for half of 4.7 TWdc solar capacity addition between 2024 and 2023
It is also seen to lead the wind power and energy storage market.
Shandong Liaocheng Power Supply rolls out supply measures amidst higher summer demand
Peak midday load is seen to reach 6.03 million kilowatts.
China leads growth of renewable energy capacity in 2023
In wind alone, over 66% of the additions were from Beijing.
Commentary
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises