Caixin
Sep 21, 2023 07:46 PM
BUSINESS

China’s Sinopec Dives Deeper Into Geothermal Energy

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Sinopec’s booth at the 20th China International Chemical Exhibition on Sept. 5 in Shanghai. Photo: VCG
Sinopec’s booth at the 20th China International Chemical Exhibition on Sept. 5 in Shanghai. Photo: VCG

China Petroleum & Chemical Corp., the state-owned energy giant known as Sinopec, is making a bigger push into a renewable energy generated by heat within the earth as the country looks to diversify its sources of green energy.

Sinopec’s push could serve as a catalyst for fast-tracking the exploration and use of geothermal energy, and spur the development of related technologies in the country, experts said.

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