Chinese Solar Group Urges Faster Consolidation as Glut Deepens
- China is developing 339 gigawatts of wind and solar energy, representing 64% of global capacity, according to a report from Global Energy Monitor .
- This figure exceeds the USA's 40 GW project pipeline by more than eight times.
- China's solar power reached 12% and wind power 11% of its generation in May as new capacity was added.
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China’s Solar Sector Must Consolidate Amid Mounting Losses, Industry Group Warns
China’s Solar Sector Must Consolidate Amid Mounting Losses, Industry Group Warns -The opening bid price for panels has fallen below the 1 yuan per watt cost level to about 0.8 yuan in July as overcapacity engulfs the industry
Asia surpassed Europe as the largest export market for Chinese solar products in the first half of this year, the China Photographers Industry Association said on Thursday.
·China
Read Full ArticleSolar and Wind Projects Under Construction in China Have 2x the Capacity of the Rest of the World's Renewable Energy Projects Combined: Report
China has double the amount of renewable energy capacity under construction compared to all other countries combined.
·North Carolina, United States
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Leaning Left7Leaning Right5Center10Last UpdatedBias Distribution45% Center
Bias Distribution
- 45% of the sources are Center
45% Center
L 32%
C 45%
R 23%
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