BRICS members China and Saudi Arabia sign world’s largest energy storage deal

17/07/2024 CEN_net 0

China’s photovoltaic inverter manufacturer Sungrow Power Supply on July 15, 2024 signed an agreement with Saudi Arabia’s Algihaz Holding for an energy storage project with a capacity of 7.8GWh. PV Magazine describe this as “amounting to the world’s largest grid-side storage order.” Sungrow Power Supply, the global leading PV inverter and energy storage system provider, secured the top spot in the 2023 global PV inverter shipment rankings according to S&P Global Commodity […]

EU Struggles to Meet Climate Goals

16/07/2024 CEN_net 0

ECONOMIC WAR ON CHINA, RUSSIA WEAKENS EU ENVIRONMENTAL PUSH. The European Union is failing to meet targets for the production of electric batteries and other green technology amid a lack of political leadership on climate policy, argues an editorial in the London-based Financial Times (FT) this week. “News that European battery projects are being scrapped or seriously scaled down is an important sign of things going wrong”, the FT wrote. The article […]

China’s major reforms in ecological conservation over the decade

15/07/2024 CEN_net 0

POLICES AND FACTS. Over the past decade, China’s ecological conservation efforts have yielded extensive fruits in its commitment to sustainable growth as it pursues modernization. The building of an ecological civilization was set as one of the five major pillars in China’s overall development by the 18th National Congress of the Communist Party of China in 2012. Since 2012, President Xi has made the sustainable development of the Chinese nation […]

China’s tech innovations benefits Global South electricity development

15/07/2024 CEN_net 0

China is at the technological forefront of electricity development and has provided the world with experience and practices in electricity innovation, according to a report issued on the sidelines of a high-level conference recently held in Beijing. At a sub-forum of the second high-level conference of the Forum on Global Action for Shared Development, the Global Energy Interconnection Development and Cooperation Organization (GEIDCO) issued the Research on Global Electricity Development […]

China Diversifies Energy Imports: Stops Buying U.S. Oil

15/07/2024 CEN_net 0

As China focuses on modernizing its energy infrastructure in the transition away from coal towards renewable energy sources, it still also relies on oil imports for energy security. [China leads the world in wind capacity (65%), solar capacity (60%) and hydropower (31%). China is second globally after the U.S. in nuclear power generation (13.5%)]. The U.S. Congress has introduced legislation prohibiting China from purchasing oil from the U.S. Strategic Petroleum […]

China: huge spending to modernize network to cope with green energy surge

15/07/2024 CEN_net 0

China plans to invest over $800 billion in its electricity grid over the next six years to support its green energy transition. The distribution grid is currently a significant bottleneck, with rapid renewable energy growth putting strain on the system. This year, China invested 122.9 billion RMB ($17 billion) in grid projects, a 24.9% increase from last year. Despite heavy investments, more than 100 regions have halted new small-scale solar […]

BRICS-member Brazil’s green power surge leads G20 with 89% renewable electricity

15/07/2024 CEN_net 0

In a striking demonstration of renewable energy leadership, Brazil has emerged as the top performer among G20 countries in harnessing green power. Renewable hydropower has long been the backbone of Brazil’s energy sector, but recent years have seen a surge in wind and solar contributions. In 2023, these two energy sources alone accounted for 21% of Brazil’s total electricity output, a steep rise from just 6% in 2016. Furthermore, Brazil […]

Uzbekistan and China join forces on desertification control

15/07/2024 CEN_net 0

Uzbekistan will collaborate with China in implementing technologies for the development of arid regions. The UzDaily media outlet (Uzbekistan) reports: “On the sidelines of the SCO forum on green development, a meeting took place between Uzbekistan’s Minister of Ecology, Environment, and Climate Change, Aziz Abduhakimov, and China’s Minister of Ecology and Environment, Huang Runqiu. Aziz Abduhakimov highlighted Uzbekistan’s readiness to closely collaborate with China’s National Council for Combating Sandstorms and Desertification and […]

China trials integration of the Internet of Vehicles

15/07/2024 CEN_net 0

China will trial the integration of the Internet of Vehicles in the first batch of 20 cities, including Beijing, Shanghai, Shenzhen, Guangzhou, and Wuhan, to speed up the commercialization of IoV technologies. The Internet of Vehicles (IoV) refers to the integration of Internet of Things (IoT) technology in the automotive industry. It involves the connection of vehicles to the internet, enabling them to communicate with other vehicles, infrastructure, and devices. […]

China’s New Action for Energy Conservation, Carbon Reduction

15/07/2024 CEN_net 0

China’s State Council in June 2024 released a two-year action plan aimed at energy conservation and carbon reduction to support the carbon peaking and carbon neutrality goals. According to the plan, China is expected to achieve approximately a 2.5 percent reduction in energy consumption and a 3.9 percent reduction in carbon dioxide emissions per unit of GDP in 2024. The energy consumption per unit of added value of industrial enterprises […]