China, officially the People’s Republic of China (PRC), is a country in East Asia and the world’s most populous country. The capital of China is Beijing.
The state controls 22 provinces, five autonomous regions, four municipalities, and two special administrative regions. China also claims the island of Taiwan and its surrounding islets, including Penghu, as “Taiwan Province”.
China’s renewables market
According to BNEF, China kept its leading positions in the world in terms of onshore wind energy production with its 29 GW of installed capacities. Almost all China’s wind projects are fully equipped by the local producers: Goldwind, Guodian United Power, Envision and Ming Yang.
China’s renewables market outlook
In June 2014 China’s government announced the country’s revolutionary energy strategy which comprises five major concepts:
- further energy consumption efficiency reforms;
- diversification of energy supplies;
- rise of industrial production and improved energy production technologies;
- development of energy structures and legal reforms necessary for this development;
- close international cooperation in terms of energy safety concept.
The Chinese government stressed that renewable energy – primarily solar and wind power – are among the country’s top energy priorities.
Advanced transport in China
Electric vehicles (EVs) in China
China is still the leader of transition to electric mobility thanks to the aggressive policy of its government. The state’s share in the global EV sales will stand at 48% in 2025, 34% in 2030, and 26% in 2040.
China's latest energy market news
- BNEF: Electric Vehicle Outlook 2019
- Chinese tech corp to challenge Tesla
- Wind Hits Record Highs: 62 GW of Wind Capacities Installed by 2016