China Is Still The Place For New Energy

Renewable Energy: China Has Set the Benchmark High

August 27, 2018 (BRINK Asia)

“…[G]lobal renewable energy production is making steady inroads globally, with China being the current worldwide leader…In 2008, the total global renewable energy capacity was 1,060,668 MW. Notable increments were made for each successive year, and by 2017, the figure stood at 2,179,426 MW—a staggering increase of 105.47 percent in just nine years [according to new data from the International Renewable Energy Agency (IRENA)]. In addition to Asian economies, African countries made considerable progress…[Ethiopia and South Africa made] noteworthy gains…[But] countries such as Guinea-Bissau, Djibouti and South Sudan are yet to install any renewable energy production capacity…[Actual in GWh grew] almost 58 percent over eight years. Asian countries fared the best in this regard, with a total combined output of 2,222,580 GWh…China alone accounted for three quarters of Asian renewables production and is the global leader as of 2016—producing more renewable energy than all European countries combined…” click here for more

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