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Market Dynamics

Public utility in Michigan to shut all coal plants and add 8 GW solar by 2040

Vera Wang -
Michigan’s largest electric and natural gas utility Consumers Energy is going to close down all of its coal plants by 2025 after the approval...
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[Conference] Wood Mackenzie’s Power & Renewables Conference: APAC

Vera Wang -
Asia Pacific power markets are the biggest and offer the most potential of any across the world; they dominate global energy and carbon emission...
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China’s first solar-tidal hybrid power system starts operation

Vera Wang -
China’s first solar-tidal hybrid power station has been connected to the grid and starts operation at full capacity today.The project, located in Wenling, a...
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China targets 450 GW of wind, solar power on desert

Vera Wang -
China aims to build 450 GW of solar and wind power generation capacity on the Gobi and other desert areas and 85 GW are...
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[Conference] Wood Mackenzie’s Power & Renewables Conference: APAC

Vera Wang -
Asia Pacific power markets are the biggest and offer the most potential of any across the world; they dominate global energy and carbon emission...
Solar Projects

First carbon neutral Winter Olympics, solar powered

Sebrina Fichtner -
Beijing, the host of the 2022 Winter Olympics, says that this Olympics is the first to be carbon neutral. Utility-scale solar power projects, solar...
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China power grids to ramp up investment in network, clean energy

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China Southern Power Grid, one of the country's two major power grids, vowed to invest 670 billion yuan ($105 billion) recently in grid network...
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The US cannot ask China to reduce coal while imposing sanctions on Chinese photovoltaic companies: Ministry of Foreign Affairs

Sebrina Fichtner -
China's goal of reaching carbon emission peak by 2030 and realizing carbon neutralization by 2060 fully demonstrated its climate ambition and global leadership matching...
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Electricity prices up by 20% in provinces under new power mechanism

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Amid power shortages, the National Development and Reform Commission (NDRC) of China issued a notice allowing the market trading price of coal-fired power to...
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China’s NEA supports coal, oil and gas enterprises to build photovoltaic projects

Sebrina Fichtner -
China’s National Energy Administration (NEA) issued a comprehensive announcement on September 24 to solicit opinions on the Implementation Opinions on Deepening the Reform in...
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