China building $17.6 billion wind project
The project, also called "the Three Gorges Dam on the land" could be China's biggest wind power station, with an installed capacity of 20 GigaWatts (GW) by 2020, the report said, citing Wu Shengxue, deputy head of the Jiuquan Municipal Development and Reform Commission.
The wind project will be constructed in Jiuquan city, which has wind resources that could support wind farms with installed capacity of 40 GW.
Beijing is poised to raise its wind power capacity to 100 GW by 2020, or eight times the current level, as part of a stimulus package aimed at boosting renewable energy.
The threat of climate change is driving China — a top greenhouse gas polluter — to boost the use of renewable energy and restrain greenhouse gas emissions by power plants.
China relies on cheap but dirty coal for 80 percent of its power output.
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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…
