NewEnergyNews: CHINA NEW ENERGY BOOMING/

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    Founding Editor Herman K. Trabish

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  • The Virtual Power Plant Boom, Part 2

    Friday, March 11, 2016

    CHINA NEW ENERGY BOOMING

    China’s National Bureau of Statistics released figures for 2015 this week, indicating that solar and wind energy capacity increases by 74 percent and 34 percent respectively.

    NEOnline/GK, March 10, 2016 (NewEurope)

    “China is trying to stop being one of the world’s biggest polluter as it boosted solar and wind energy capacity by 74 percent and 34 percent respectively in 2015. Moreover, it managed to decrease coal consumption by 3.7 percent…[according to China’s National Bureau of Statistics]…[T]he Institute for Energy Economics and Financial Analysis (IEEFA)…forecasts that China will install an additional 22 GW of wind, 16GW of new hydro, another 6GW of nuclear, and 18GW of solar in 2016…[T]he Global Wind Energy Council reported that China officially surpassed the European Union and it is now the leader in the global wind power sector producing 145.10 GW…[Nevertheless,] China had the largest installed electricity generation capacity in the world with 1505 GW with some 80 percent coming from coal…” click here for more

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