Suffering from shrinking profit margins from onshore wind farm projects since the beginning of 2011, China's wind turbine manufacturers are now looking for growth opportunities in offshore projects. We recently met with the Energy Research Institute of National Development and Reform Commission (NDR...
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News Commentary | January 25, 2021
China closed 2020 with an additional 71.7 GW of wind capacity and an extra 48.2 GW of solar capacity. For solar, the additional capacity means a 60% rise compared to 2019; for wind, the outcome is even more astonishing. Not only did China almost triple its 2019 new capacity figure, but the country ... To read more, click here.
News Commentary | March 18, 2021
One of Lux's top predictions for 2021 was that China would triple global green hydrogen capacity by 2025. While it remains to be seen where Sinopec plans to fit in China's hydrogen economy, it will start by building 1,000 hydrogen fueling stations by 2025. Lofty claims are common from China, ... To read more, click here.
News Commentary | March 17, 2022
Elia Group, owner of transmission system operators in Belgium and Germany, is opening a new subsidiary, “WindGrid," which plans to help governments build and connect offshore energy projects to the onshore electricity network. Considering that Elia already has the know‑how in the Belgian and German ... Not part of subscription