China adds 3,304 megawatts of wind power
Among the newly added market share, Chinese products made up 55.9%, surpassing foreign companies for the first time, according the Second China (Shanghai) International Wind Energy Exhibition & Symposium 2008 (CWEE2008) held at the end of April in Shanghai.
China has a theoretical wind-energy reserve of 3.2 terawatts (1 terawatt
1,024 gigawatts) at 10 meters in height. The total exploitable terrestrial wind energy is estimated at 800 gigawatts (GW) at 50 meters high, and the actual exploitable wind energy offshore is about 150 GW at 50 meters high. Based on the current growth trend, the total installed capacity of wind power in China is expected to reach 15 GW-20 GW in 2010, and 80 GW-100 GW in 2020.
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Solar Now ‘cheaper Than Grid Electricity’ In Every Chinese City, Study Finds
BEIJING - Solar power has become cheaper than grid electricity across China, a development that could boost the prospects of industrial and commercial solar, according to a new study.
Projects in every city analysed by the researchers could be built today without subsidy, at lower prices than those supplied by the grid, and around a fifth could also compete with the nation’s coal electricity prices.
They say grid parity – the “tipping point” at which solar generation costs the same as electricity from the grid – represents a key stage in the expansion of renewable energy sources.
While previous studies of nations such…
