Mar 01, 2024 08:10 PM

Energy Insider: China’s Trading of Wind, Solar Power Jumps

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A wind and solar power plant operates in Dongtai, Jiangsu province on June 11, 2023. Photo: VCG

In this week’s Caixin energy wrap, we analyze China’s biggest climate and energy news on policy, industry, projects and more:

• Nearly half of power traded is from wind, solar

• Solar capacity expected to keep growing

• Biomass energy set to expand despite headwinds

• Beijing issues guidelines for pumped hydro

• Industry ordered to draw up standards for “dual-carbon” goals

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