星期日, 1月 24, 2021
Home PV News China designates $8bn towards clean energy measures

China designates $8bn towards clean energy measures

The Beijing government has decided to give the go-ahead for an investment of over $8bn in a huge coal-gasification project.

The project at Xinjiang Uygur is one of four coal gasification projects for which preparatory work has recently been approved.

To date, the National Development and Reform Commission has ratified four coal gasification projects, with a total output capacity of 15 billion cubic meters and an investment of nearly $16bn.

Sinopec is also planning an 8,280 kilometre-long gas pipeline from Xinjiang to Guangdong and Zhejiang provinces, and it will launch a coal gasification project with a capacity of 20 billion cubic meters in Xinjiang.

China’s growing economy has been fuelled largely by coal power generation, with a subsequent rise in pollution.

In recent years China has clearly increased investment in nuclear power, hydroelectric power, natural gas, solar energy, wind power and other clean and renewable energy fields.

With the development of new technologies, coal gasification will also become a key sector in the country's clean energy initiative, analysts have said.

In 2011 global emissions increased by 1 billion tonnes, with 720 million tonnes attributable to China.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

New Energy Equity adds 326 kW of solar to municipal buildings in Norton Shores, Michigan

New Energy Equity, along with its development partner Chart House Energy, has completed a 326-kWDC solar development project consisting of three separate municipal buildings...

PG&E announces 387 MW/1,548 MWh of energy storage capacity in latest project announcement

Pacific Gas and Electric Company (PG&E) has requested approval from the California Public Utilities Commission (CPUC) for six new battery projects totaling 387 MW...

NEP releases 500-W microinverter for large-format panels

Silicon Valley-based Northern Electric Power Technology (NEP) has released a new 500-W microinverter. The company is calling it a “macroinverter” since it is able...

Solar investment tax credit extended at 26% for two additional years

Story updated Dec. 22 after successful passage of the bill by Congress. Extended renewable energy tax credits have been included in a $1.4 trillion federal...