The Fort Worth Press - China building more wind, solar capacity than rest of world combined: report

USD -
AED 3.673042
AFN 68.858766
ALL 88.802398
AMD 387.151613
ANG 1.799401
AOA 927.769041
ARS 961.359012
AUD 1.46886
AWG 1.8
AZN 1.70397
BAM 1.749922
BBD 2.015926
BDT 119.312844
BGN 1.750011
BHD 0.376236
BIF 2894.376594
BMD 1
BND 1.290118
BOB 6.899298
BRL 5.418691
BSD 0.998434
BTN 83.448933
BWP 13.198228
BYN 3.267481
BYR 19600
BZD 2.012526
CAD 1.35775
CDF 2871.000362
CHF 0.850342
CLF 0.033728
CLP 930.650396
CNY 7.051904
CNH 7.043005
COP 4153.983805
CRC 518.051268
CUC 1
CUP 26.5
CVE 98.657898
CZK 22.451404
DJF 177.79269
DKK 6.68204
DOP 59.929316
DZD 132.138863
EGP 48.452557
ERN 15
ETB 115.859974
EUR 0.894904
FJD 2.200804
FKP 0.761559
GBP 0.75092
GEL 2.730391
GGP 0.761559
GHS 15.696327
GIP 0.761559
GMD 68.503851
GNF 8626.135194
GTQ 7.71798
GYD 208.866819
HKD 7.790095
HNL 24.767145
HRK 6.799011
HTG 131.740706
HUF 352.160388
IDR 15160.8
ILS 3.777515
IMP 0.761559
INR 83.48045
IQD 1307.922874
IRR 42092.503816
ISK 136.260386
JEP 0.761559
JMD 156.86485
JOD 0.708504
JPY 143.90404
KES 128.797029
KGS 84.238504
KHR 4054.936698
KMF 441.350384
KPW 899.999433
KRW 1332.490383
KWD 0.30507
KYD 0.832014
KZT 478.691898
LAK 22047.152507
LBP 89409.743659
LKR 304.621304
LRD 199.686843
LSL 17.527759
LTL 2.95274
LVL 0.60489
LYD 4.741198
MAD 9.681206
MDL 17.42227
MGA 4515.724959
MKD 55.129065
MMK 3247.960992
MNT 3397.999955
MOP 8.014495
MRU 39.677896
MUR 45.880378
MVR 15.360378
MWK 1731.132286
MXN 19.416804
MYR 4.205039
MZN 63.850377
NAD 17.527759
NGN 1639.450377
NIO 36.746745
NOK 10.482404
NPR 133.518543
NZD 1.603206
OMR 0.384512
PAB 0.998434
PEN 3.742316
PGK 3.9082
PHP 55.653038
PKR 277.414933
PLN 3.82535
PYG 7789.558449
QAR 3.640048
RON 4.449904
RSD 104.886038
RUB 92.240594
RWF 1345.94909
SAR 3.752452
SBD 8.306937
SCR 13.046124
SDG 601.503676
SEK 10.170404
SGD 1.291304
SHP 0.761559
SLE 22.847303
SLL 20969.494858
SOS 570.572183
SRD 30.205038
STD 20697.981008
SVC 8.736188
SYP 2512.529936
SZL 17.534112
THB 32.927038
TJS 10.61334
TMT 3.5
TND 3.025276
TOP 2.342104
TRY 34.124875
TTD 6.791035
TWD 31.981038
TZS 2725.719143
UAH 41.267749
UGX 3698.832371
UYU 41.256207
UZS 12705.229723
VEF 3622552.534434
VES 36.777762
VND 24605
VUV 118.722009
WST 2.797463
XAF 586.90735
XAG 0.03211
XAU 0.000381
XCD 2.70255
XDR 0.739945
XOF 586.90735
XPF 106.706035
YER 250.325037
ZAR 17.38465
ZMK 9001.203587
ZMW 26.433141
ZWL 321.999592
  • RBGPF

    58.8300

    58.83

    +100%

  • NGG

    0.7200

    69.55

    +1.04%

  • RELX

    -0.1400

    47.99

    -0.29%

  • GSK

    -0.8200

    40.8

    -2.01%

  • CMSD

    0.0100

    25.02

    +0.04%

  • CMSC

    0.0300

    25.15

    +0.12%

  • BTI

    -0.1300

    37.44

    -0.35%

  • SCS

    -0.3900

    12.92

    -3.02%

  • AZN

    -0.5200

    78.38

    -0.66%

  • RIO

    -1.6100

    63.57

    -2.53%

  • BP

    -0.1200

    32.64

    -0.37%

  • JRI

    -0.0800

    13.32

    -0.6%

  • RYCEF

    0.0200

    6.97

    +0.29%

  • BCC

    -7.1900

    137.5

    -5.23%

  • VOD

    -0.0500

    10.01

    -0.5%

  • BCE

    -0.1500

    35.04

    -0.43%

China building more wind, solar capacity than rest of world combined: report
China building more wind, solar capacity than rest of world combined: report / Photo: © AFP/File

China building more wind, solar capacity than rest of world combined: report

China is building almost twice as much wind and solar energy capacity as every other country combined, research published Thursday showed.

Text size:

The world's second-largest economy is the biggest emitter of the greenhouse gases that drive climate change.

China has committed to bring carbon emissions to a peak by 2030 and to net zero by 2060.

It has endured several waves of extreme weather in recent months that scientists say are rendered more severe by climate change.

China currently has a total of 339 gigawatts (GW) of capacity under construction, including 159 GW of wind and 180 GW of solar.

That is "nearly twice as much as the rest of the world combined", according to the study by Global Energy Monitor, a US-based NGO.

The figure far exceeds the second-ranked nation, the United States, which is building a total of just 40 GW, the report said.

It said China has broken ground on a third of new wind and solar capacity it has announced to date, compared to a global average of just seven percent.

"The stark contrast in construction rates illustrates the active nature of China's commitment to building renewables projects," the study said.

- 'Turning point?' -

Beijing's vast renewable energy buildout does have some drawbacks.

The national grid falls back on heavily polluting coal plants to deal with surges in power demand.

And it struggles to transmit renewable energy generated in remote northwestern regions to economic and population centres in the east.

However, China's combined wind and solar capacity is set to overtake coal this year, according to the report.

It said the rapid renewables expansion raises hopes that Beijing's carbon emissions will peak even sooner than expected.

In a separate report released on Thursday, the Centre for Research on Energy and Clean Air (CREA) found China issued no new permits for coal-based steelmaking projects in the first half of 2024.

CREA said that was the first time on a half-yearly basis that there have been no new permits since China announced its "dual carbon goals" in September 2020 -- a development hailed as a possible "turning point" by the independent research organisation.

"As China's steel demand peaks and more scrap becomes available, there is great potential to shift away from coal-based production, representing a significant opportunity for emissions reduction in the next 10 years," CREA's report said.

Scientists say global warming makes extreme weather more frequent and intense.

China has seen a summer blighted by searing heat in the north and torrential rain in the south.

Its weather agency last week forecast very high temperatures to persist in the coming weeks under the impact of climate change.

Heavy rains in the east and south have also triggered a string of deadly floods and landslides in recent weeks.

A.Williams--TFWP