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Xi Jinping

China mandates energy storage as it sets 16.5% solar and wind target for 2025

The National Energy Administration has ordered grid companies to supply enough network connection points for all the solar and wind projects registered in 2019 and 2020, and said variable renewables should be supplying 11% of the nation’s electricity by the end of the year.

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The world won’t wait – Biden needs to catch up

The inauguration of Joe Biden as the 46th President of the United States has brought hope the country will play a central role in the world’s energy transition and combating climate change. However, rather than teaching other countries lessons, the U.S. will need to catch up with the rest of the world, and it needs to do so quickly – the world won’t wait for the U.S.

Consultant plays down Chinese solar fever

The nation is set to have added 40 GW of solar in 2020 and that figure will rise again this year, to 45-50 GW, according to one of the year’s first industry predictions.

Solar stocks rise as President Xi pledges 1.2 TW of renewables capacity in 2030

The Chinese leader has revealed some details of his nation’s commitment to go carbon neutral by 2060. That solar and wind power promise could even prove to be a conservative estimate, according to the nation’s solar industry.

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China could add 48 GW of solar next year – AECEA

The in-country analyst has revised up its expectation for this year and says a healthy unsubsidized project pipeline will keep the numbers ticking over in 2021. The spending plans necessary to ramp up renewables targets in the next five-year plan, though, could put the nation on a collision course with the EU.

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‘China must put EV battery reuse at heart of net-zero ambition’

The centralized nature of policymaking in Beijing would enable component standardization to ease the transition from EV to stationary energy storage use, according to Greenpeace East Asia.

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China will need 1.9 TW of solar by 2060 to hit net zero – WoodMac

The bill for full decarbonization of the economy – which is likely to see the decommissioning of no more than half the current coal fleet, with CCS doing some heavy lifting, according to the US-owned analyst – could come in at more than $5 trillion.

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Chinese trade visit presages big investment in Greece’s energy infrastructure

Beijing already owns 24% of Greece’s electricity transmission system operator and has pledged to back a new Greece-EU funded interconnector to Crete which is set to open up more possibilities for solar on the island. The arrival of two of China’s biggest lenders also offers the prospect of new investment in renewables.

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No respite for REC Silicon as shutdown dominates Q2 figures

The Norwegian polysilicon supplier – which has most of its manufacturing operations on U.S. soil – cannot give any estimate on when its solar material production lines will return, and has been left entirely dependent on the semiconductor products made by its Montana facility.

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REC Silicon lays off 100 workers at U.S. facility

Norwegian headquartered polysilicon manufacturer REC Silicon has announced that it will lay off another 100 workers at its Moses Lake facility in the western United States, as the factory heads into long term shutdown.

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