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Renewable Energy In China
China is the world's top electricity producer from renewable energy sources. China's renewable energy capacity is growing faster than its fossil fuels and nuclear power capacity. China Installed over 373 GW of renewables in 2024, reaching a total installed renewable capacity of 1,878 GW by the end of the year. The country aims to have 80% of its total energy mix come from non-fossil fuel sources by 2060, and achieve a combined 1,200 GW of solar and wind capacity by 2030. Although China currently has the world's largest installed capacity of hydro, solar and wind power, its energy needs are so large that renewable sources provided only 29.4% of its electricity generation in 2021. The share of renewables in total power generation is expected to continue increasing to 36% by 2025, in line with China's pledge to achieve carbon neutrality before 2060 and peak emissions before 2030. China sees renewables as a source of energy security and not only a means to redu ...
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University Of Washington Press
The University of Washington Press is an American academic publishing house. The organization is a division of the University of Washington, based in Seattle. Although the division functions autonomously, it has worked to assist the university's efforts in support of the Burke Museum of Natural History and Culture, the Henry M. Jackson School of International Studies, and the Center for Innovation and Research in Graduate Education. Since 1915, it has published the works of first-time writers, including students, poets, and artists, along with authors known throughout the world for their work in the humanities, arts, and sciences. The organization's daily operations are conducted out independently of the university, but the imprint is controlled by a committee of faculty members that the university president has selected. Each manuscript must go through a collaborative approval process overseen by the editors and the University Press Committee before being chosen for publicati ...
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Photovoltaics
Photovoltaics (PV) is the conversion of light into electricity using semiconducting materials that exhibit the photovoltaic effect, a phenomenon studied in physics, photochemistry, and electrochemistry. The photovoltaic effect is commercially used for electricity generation and as photosensors. A photovoltaic system employs solar modules, each comprising a number of solar cells, which generate electrical power. PV installations may be ground-mounted, rooftop-mounted, wall-mounted or floating. The mount may be fixed or use a solar tracker to follow the sun across the sky. Photovoltaic technology helps to mitigate climate change because it emits much less carbon dioxide than fossil fuels. Solar PV has specific advantages as an energy source: once installed, its operation does not generate any pollution or any greenhouse gas emissions; it shows scalability in respect of power needs and silicon has large availability in the Earth's crust, although other materials required ...
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China GHI Solar-resource-map GlobalSolarAtlas World-Bank-Esmap-Solargis
China, officially the People's Republic of China (PRC), is a country in East Asia. With a population exceeding 1.4 billion, it is the second-most populous country after India, representing 17.4% of the world population. China spans the equivalent of five time zones and borders fourteen countries by land across an area of nearly , making it the third-largest country by land area. The country is divided into 33 province-level divisions: 22 provinces, 5 autonomous regions, 4 municipalities, and 2 semi-autonomous special administrative regions. Beijing is the country's capital, while Shanghai is its most populous city by urban area and largest financial center. Considered one of six cradles of civilization, China saw the first human inhabitants in the region arriving during the Paleolithic. By the late 2nd millennium BCE, the earliest dynastic states had emerged in the Yellow River basin. The 8th–3rd centuries BCE saw a breakdown in the authority of the Zho ...
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European Council On Foreign Relations
The European Council on Foreign Relations (ECFR) is a pan-European think tank with offices in seven European capitals. Launched in October 2007, it conducts research on European foreign and security policy and provides a meeting space for decision-makers, activists and influencers to share ideas. ECFR builds coalitions for change at the European level and promotes informed debate about Europe's role in the world. ECFR has offices in Berlin, London, Madrid, Paris, Rome, Warsaw and Sofia. ECFR was founded in 2007 by Mark Leonard together with a council of fifty founding members, chaired by Martti Ahtisaari, Joschka Fischer, and Mabel van Oranje, with initial funding from George Soros's Open Society Foundations, the Communitas Foundation, Sigrid Rausing, Unicredit and Fundación Para las Relaciones Internacionales y el Diálogo Exterior (FRIDE). ECFR's council brings together over 300 Europeans from across Europe. Currently chaired by Carl Bildt, Lykke Friis and Norbert ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, '' Bloomberg Businessweek'', '' Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has been editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Jo ...
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Equinor
Equinor ASA (formerly Statoil and StatoilHydro) is a Norwegian multinational energy company headquartered in Stavanger, Norway. It is primarily a petroleum company, petroleum company operating in 36 countries with additional investments in renewable energy. In the 2020 Forbes Global 2000, Equinor was ranked as the 169th-largest public company in the world. In 2023, the company was ranked 52nd in the same list. the company has 21,126 employees. The current company was formed by the 2007 merger of History of Statoil (1972–2007), Statoil with the Hydro Oil & Gas, oil and gas division of Norsk Hydro. As of 2017, the Government of Norway is the largest shareholder with 67% of the Share (finance), shares, while the rest is public stock. The ownership interest is managed by the Ministry of Petroleum and Energy (Norway), Norwegian Ministry of Petroleum and Energy. The company is headquartered and led from Stavanger, while most of their international operations are currently led from F ...
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Great Recession
The Great Recession was a period of market decline in economies around the world that occurred from late 2007 to mid-2009.“US Business Cycle Expansions and Contractions”
United States NBER, or National Bureau of Economic Research, updated March 14, 2023. This government agency dates the Great Recession as starting in December 2007 and bottoming-out in June 2009.
The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system ...
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Sinovel
Sinovel Wind Group Company () is a Chinese state-owned wind turbine manufacturer headquartered in Beijing. Sinovel is affiliated with a Chinese state-owned company, Dalian Heavy Mechanical & Electrical Equipment Engineering. It was founded in 2005 by Han Junliang. History Sinovel was founded by Han Junliang who later became the first wind power billionaire after the IPO of the company in 2011. Initially capital of 100 million yuan was provided by a Chinese state-owned company, Dalian Heavy Mechanical & Electrical Equipment Engineering. Donghai Bridge Wind Farm, the first offshore wind farm in China, began operation in July 2010 using 34 3 MW Sinovel turbines. In December 2010, the Massachusetts Water Resources Authority ordered a 1.5 MW wind turbine to power a wastewater pumping station in Charlestown, Boston. In 2011, Sinovel was listed on the Shanghai Stock Exchange and raised $1.4 billion. In 2014, its chairman, Wang Yuan resigned from its post. Subsidiary * Dalian Gu ...
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Dongfang Electric
Dongfang Electric Corporation () is a Chinese state-owned manufacturer of power generators and the contracts of power station projects. According to Platts, in 2009-10 the company was the second largest manufacturer of steam turbines by worldwide market share, tying with Harbin Electric and slightly behind Shanghai Electric. The company currently operates the world's most powerful wind turbine by installed capacity, at 18 MW. History It was founded in 1984 and is based in Chengdu, Sichuan. Its subsidiary is Dongfang Electric Corporation Limited () (,). Its H shares and A shares were listed on the Hong Kong and Shanghai. *1958: Dongfang Electric Machinery Plant () was established. *1984: Dongfang Electric Corporation was established by Ding Yi. *1993: China Dongfang Electric Machinery Plant was restructured to form Dongfang Electric Machinery Company Limited (). *1994: Dongfang Electric Machinery Company was listed on the Hong Kong Stock Exchange. *1995: Dongfang Electric M ...
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Goldwind
Goldwind Science & Technology Co., Ltd., commonly known as Goldwind, is a Chinese multinational wind turbine manufacturer headquartered in Beijing, China. Goldwind was a state-owned enterprise before 2007, with largest shareholders including Hexie Health Insurance, China Three Gorges Renewables Group, and the National Social Security Fund, state-controlled corporations holding almost 40% shares. Its founder, Wu Gang, is a Communist Party member and had a seat in the 12th National People's Congress. In 2016, it was ranked third for onshore and also third for offshore turbine manufacturing by ''Bloomberg New Energy Finance''. History Xinjiang Wind Energy, the predecessor of Goldwind, was founded by using a $3.2 million grant, given by the Danish government, which they used to build China's first wind farm at Dabancheng. Dabancheng wind farm, opened in 1989, consisted of the thirteen small, 150 kilowatts, wind turbines made by Danish turbine maker, Bonus Energy. Goldwind wa ...
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