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
China has been the world’s largest renewable energy investor, spending USD758 billion from 2010 to the first half of 2019. In 2018, China remained the leader of green investment, although the money it spent decreased 38% to USD88.5 billion.
China’s renewables market outlook
Coal-fired power production and emissions will peak in 2028 in China while renewables penetration will reach 37%. The state will keep its position of the global leader in terms of the size of the renewable energy market. The share of solar and wind will increase to 48% from the current 8% of China’s total generation by 2050.
Solar energy in China
Wind energy in China
Advanced transport in China
China is the world’s largest car market, where about 28 million cars are sold annually as of 2019.
Electric vehicles (EV) 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.
Fuel cell vehicles (FCV) in China
China, Japan, and South Korea have set ambitious goals to bring billions of dollars worth of fuel cell vehicles to their roads by the end of the 2020s. China plans to commission more than 1 million FCV by 2030. Now there are only 1,500 such vehicles in this country, and most of them are buses.
Advanced passenger transport in China
Toyota and Hyundai offer FCV buses, and they have begun to sell fuel cell components to bus manufacturers, especially in China. Several Chinese manufacturers have developed their own buses, in particular, state-owned SAIC Motor, the country’s largest automaker, and Geely Auto Group, which also owns the Volvo Cars and Lotus brands.
China's latest energy market news
- REUTERS: Why Asia’s largest economies support hydrogen-fueled cars
- UNEP: Renewable energy quadruples globally to 1,650 GW in 2010s
- BNEF: Global clean energy investment falls in H1 2019
- China’s Didi Chuxing launches self-driving taxi service in Shanghai
- Floating solar projects multiply around globe
- Tesla in talks with LG Chem on batteries supplies in China
- BNEF: New Energy Outlook (NEO) 2019
- BNEF: Electric Vehicle Outlook 2019
- Chinese tech corp to challenge Tesla
- Wind Hits Record Highs: 62 GW of Wind Capacities Installed by 2016
Companies operating in China
- BAIC Group / Beijing Auto
- Beiqi Foton Motor
- China Power International Development (China Power)
- Didi Chuxing
- Faraday Future
- Farasis Energy
- Ford Motor
- Future Mobility Corporation (FMC) / Byton
- Goldwind Global
- PowerChina (Power Construction Corporation of China)
- Singulato Motors
- Zotye Auto