China

CNOOC Limited finds major coalbed methane field in southern China

The CBM field has reserves of over 100 billion cubic metres (BCM) of gas.

CNOOC Limited finds major coalbed methane field in southern China

The CBM field has reserves of over 100 billion cubic metres (BCM) of gas.

CLP Holdings extends support for low-carbon energy in Mainland China

It has also pledged to uphold China’s “30.60” dual goals.

Global offshore wind growth slows in H1; China remains top market

Total offshore wind capacity addition exceeded 60 GW.

China’s solar exports up 34% YoY in H1 2023

The country produces around eight in every 10 solar panels.

China’s coal IPPs to continue profit recovery

Spot thermal coal prices were down by around 20% from January to August 2023.

China’s solar capacity to surpass 500 GW by year-end

Its installed solar capacity is expected to exceed 1,000 GW by the end of 2026.

Russia, strengthens ties with China via new gas pipelines

The two countries are in talks for the Power of Siberia 2 gas pipeline. 

China continues coal plant ‘permitting spree’ in H1

Coal plants commissioned doubled YoY to 17.1 GW.

Renewables save $520b in fuel cost for the power sector

Around 86% of the commissioned RE capacity last year had lower costs than fossil fuel electricity.

Severe heatwaves will have limited effect on China’s hydropower

The heatwaves are concentrated in regions less reliant on hydropower.

CNOOC Limited’s 40MW solar project linked to grid

It is supported by a 6MW/21MWh battery energy storage.

Sinopec launches its first green hydrogen project

It is the largest solar-to-hydrogen project globally.

China to double wind, solar capacity by 2025

It would exceed the 1,200GW 2030 target ahead of time.

Wind turbine intake hits new record in Q1

The intake reached 23.5GW of activity, Wood Mackenzie reported. 

Coal share in China’s power mix to decline in coming years: report

this is despite its reliance on coal, Fitch Solutions reported. 

China to sustain lead in renewables in the long term: report

This will mainly come from its solar power sector. 

Solar PV manufacturing in China to grow to over 230GW in 2026

This is more than enough to supply global market demand, Wood Mackenzie reported.