China is the world leader in renewable energy, including 40 percent of the planet’s entire solar capacity, reported Rystad Energy. The United States comes in second place with 12 percent.
Last year, China installed more new solar capacity than the total amount ever installed in any other country, Bloomberg reported.
“China’s solar sector is set to break records in the coming years. When installed capacity crosses the 500 gigawatts (GW) mark by the end of 2023, it will have taken 13 years to reach that milestone. That total, however, will be doubled to 1 terawatt (TW) in just three additional years,” Rystad Energy said.
According to China’s National Energy Administration (NEA), the country increased its solar capacity by 216.9 GW last year, eclipsing its record of 87.4 GW from the previous year, reported Bloomberg. That’s more than the U.S. total of 175.2 […]
China, has real incentive to turn to solar they have the longest distance for the oil companies to reach them and pirates are on the seas again.
So securing there energy is of the first importance.