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State Grid Ningxia Zhongwei Power Supply Co. has completed the first section of a 3 GW solar plant in the Tengger Desert, in China’s Ningxia Hui region. The plant required an investment of around CNY 5.11 billion ($738 million).
It is estimated that China's electricity consumption, a barometer of economic activity, will significantly increase this year, driven by the economic recovery and weather extremes, according to estimates by an institute.
China's technology and financial capital have been playing an important role in Brazil's clean energy transition and cooperation between the two countries in sustainable development is expected to continue deepening in the years to come, industry experts said on Thursday.
China has accelerated infrastructure investment in the first quarter of this year to propel economic growth, launching more than 10,000 projects throughout the country.
The huge Xinjiang Uygur autonomous region, with vast desert expanses of strong winds and intense sunshine, has become a pioneer in China’s new energy drive..