Energy Insider: China Issues Guidelines to Scale Up Solar Thermal Power
00:00/00:00
Listen to this article
1x
Subscribe now
Listen to the full version
Listen to the full version
China Issues Guidelines to Scale Up Solar Thermal Power
The National Development and Reform Commission and the National Energy Administration released guidelines aiming for total installed solar thermal capacity to reach 15 gigawatts (GW) by 2030. The policy targets bringing the levelized cost of electricity from these sources to a level broadly comparable with coal-fired power.
Register to read this article for free.
Register
Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.
Subscribe to both Caixin Global and The Wall Street Journal — for the price of one.
- RELATED
Share this article
Open WeChat and scan the QR code
- DIGEST HUB
Digest Hub
Back
Explore the story in 30 seconds
- China targets 15 GW solar thermal capacity by 2030 and cost parity with coal; Shenhua plans a 133.6 billion yuan asset buyout.
- Power use rose 6.2% in November; battery output jumped 46% to 1,469 GWh; over 19 million EV charging points, up 52%.
- Air cargo grew 13.6% (Jan-Nov); CNOOC discovered a 100-million-ton oil field; steel demand forecast to drop 5.4% in 2025.
AI generated, for reference only
Who’s Who
- China Shenhua Energy Co. Ltd.
- China Shenhua Energy Co. Ltd. (601088.SH) is undertaking a substantial asset restructuring. They plan to acquire 12 subsidiaries from their parent company, CHN Energy Investment Group Co. Ltd., for approximately 133.6 billion yuan. This aims to address horizontal competition and involves a payment mix of cash and share issuance.
- CHN Energy Investment Group Co. Ltd.
- CHN Energy Investment Group Co. Ltd. (CHN Energy) is the controlling shareholder of China Shenhua Energy Co. Ltd. China Shenhua is planning a 133.6 billion yuan asset purchase from CHN Energy to address horizontal competition. This deal involves acquiring 12 subsidiaries across various sectors.
- China National Offshore Oil Corp.
- China National Offshore Oil Corp. (CNOOC) has discovered the Qinhuangdao 29-6 oil field in the Bohai Sea, estimated to hold 100 million tons of reserves. This discovery marks CNOOC's seventh major find in the region since 2019, with test wells yielding around 370 tons of crude oil daily.
- Beijing Hyperstrong Technology Co. Ltd.
- Beijing Hyperstrong Technology Co. Ltd. (688411.SH) intends to invest 2 billion yuan ($285 million) in a new smart green energy storage factory in Beijing's Fangshan district. This facility, projected to be completed by December 2028, will focus on the research and development, manufacturing, and testing of integrated energy storage systems.
AI generated, for reference only
- MOST POPULAR
Sign in with Google
Sign in with Facebook
Sign in with 财新