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National Development and Reform Commission
China Raises Use of Geothermal Energy
China plans to raise the annual utilization of geothermal energy to 70 million tonnes of coal equivalent by 2020 as the country seeks to ease reliance on coal and curb pollution. The annual utilization of geothermal energy for heating purposes…
China Halts Construction On 150 Gigawatts Of New Coal Power Plants
China’s state-run news agency Xinhua has revealed that China has currently halted construction on new coal-fired power plants in an effort to avoid building over-capacity while simultaneously hoping to promote a cleaner energy mix. The Chinese Xinhua News Agency reported…
China and India Tipped for Multi-Billion Dollar Renewables Investment Surge
The Asian renewables market can expect a dual boost this year, as the Chinese and Indian governments both look to step up investment in clean energy infrastructure. According to Reuters’ reports, China’s energy agency today announced plans to invest 2.5…
China to Cut Solar & Wind Tariffs as Costs Continue to Fall
China’s price regulator announced this week that it will cut tariffs paid to solar and wind projects in order to reflect the continuing decline in project costs. Bloomberg New Energy Finance communicated news from China’s national price regulator and economic…